As cryptocurrency prices plunged and funds failed, strict rules on risky assets helped Wall Street companies sidestep the worst. Retail investors weren’t as lucky. ( read original story ...)
No More ‘Bitcoin Tourists’ In Crypto Market, Says On-Chain Analysis Firm
Bitcoin (CRYPTO: BTC) saw one of its worst-performing months on record in June, along with a mass exodus of retail traders. ( read original story ...)
How to build an exchange fit for Crypto 2.0
A reliable exchange infrastructure will be essential for the next stage in the development of crypto as an investment product ... ( read original story ...)
‘1 per cent TDS not done’: Crypto traders disappear from exchanges after July 1
As investors lose interest in cryptos after the July 1 TDS implementation, Indian crypto exchanges are witnessing low-trading volumes ... ( read original story ...)
Crypto community eyeing three macro events to tip crypto scales in July
Interest rate hikes, inflation, and United States GDP could dictate the next several months of crypto market movements. ( read original story ...)
Rakuten to list online banking unit on Tokyo Stock Exchange
Rakuten Group has announced that its consolidated subsidiary Rakuten Bank has applied for listing on the Tokyo Stock Exchange. ( read original story ...)
Japan’s Nikkei rises 1% as investors pick up cheap tech stocks
"Investors took a fresh view on technology and growth stocks as U.S. yields stabled. They were buying back shares that fell too much." said Shoichi Arisawa, general manager of the investment research ... ( read original story ...)
BOJ may adjust ultra-loose policy before Kuroda’s term ends – ex-c.bank exec
The Bank of Japan may adjust its ultra-loose monetary policy before dovish Governor Haruhiko Kuroda's term ends next April, if the economy strengthens enough to spur higher wages, former central bank ... ( read original story ...)
Crypto collapse reverberates widely among black American investors
The widespread losses caused by the cryptocurrency crash are even broader among black investors. A quarter of black Americans own cryptocurrencies, compared with only 15 per cent of white investors, ... ( read original story ...)
Crypto Price Analysis July 4: RUNE, AVAX, MATIC, KAVA, CVX
THORChain’s RUNE was one of the best performing assets yesterday, with an 11% rise. Convex Finance’s CVX recovered from the week-long red candles marking a 14% recovery. Bitcoin and Ethereum ... ( read original story ...)
Japan’s Nikkei rises as investors pick up beaten-down tech shares
Japan's Nikkei rose on Tuesday as investors bought back beaten-down technology stocks, with sentiment underpinned by gains in U.S. futures. "Investors took a fresh view on technology and growth stocks ... ( read original story ...)
Japanese pension fund starts investing in nation’s startups for first time
began investing in Japanese startups in order to give the sector a boost, Nikkei mentioned in its report. The fund will plough $1.45 trillion in the startup economy, in an effort to grow ventures. So ... ( read original story ...)
Nikkei edges higher, inflation fears check gains
MSCI's gauge of Asia Pacific stocks outside Japan was up 0.3 percent, having erased part of the early morning gains. ( read original story ...)
Risky for Japan’s central bank to expect inflation pressures to remain temporary: Research institute
Hiromi Yamaoka of the Future Institute of Research says it's risky to expect that inflationary pressures persistent in many other Asian countries will remain temporary only in Japan. ( read original story ...)
Ex-BOJ’s Kameda: Japanese central bank is likely to raise price forecast
Seisaku Kameda, a former chief economist at the Bank of Japan (BOJ) said on Tuesday that the Japanese central bank is expected to upgrade its outlook on inflation later this month, in the face of the ... ( read original story ...)
Traders Face Showdown With Bank of Japan as Policy Rips Assets
The yen sinking to even deeper lows. Short sellers driving Japanese bond yields through the central bank’s target. Stocks on a rollercoaster ride and credit investors running for the sidelines. Most ... ( read original story ...)