Elon Musk, who has the power to create and destroy billions of dollars worth of bitcoin and crypto value with just a tweet, has helped the meme-based dogecoin become a top ten cryptocurrency over the ... ( read original story ...)
Crypto is collapsing. Mortgage rates are soaring. Here’s what it all means
You have seen the headlines: mortgage rates and inflation are spiking, crypto is collapsing, and bears are back on Wall Street. But what does it all mean? "Nightcap" host Jon Sarlin talks with CNN ... ( read original story ...)
Crypto lender Celsius is being investigated by multiple states after transactions freeze
Crypto lender Celsius Network opted to freeze customer withdrawals and other transactions on Sunday, leaving its nearly two million users unable to access their funds. Now, state security boards in ... ( read original story ...)
Japan’s finance minister warns of ‘rapid’ yen decline
TOKYO : Japanese Finance Minister Shunichi Suzuki said on Friday there has been a "rapid" weakening of the yen recently, adding that Tokyo was closely watching market moves with a stronger sense of ... ( read original story ...)
Japan’s Finance Minister Suzuki: Carefully watching impact of changes in US monetary policy
Carefully watching impact of changes in US monetary policy on Japan's economy,” Japanese Finance Minister Shunichi Suzuki said on Friday. Information on these pages contains forward-looking statements ... ( read original story ...)
Japan’s Kanda reappointed as top FX diplomat amid markets jitters
Japan has reappointed Masato Kanda as vice finance minister for international affairs, serving as the country's top currency diplomat, as part of a mid-year personnel reshuffle, the Ministry of ... ( read original story ...)
As crypto selloff accelerates, how much worse can things get?
The crypto markets buckled this week as fears of cascading failures of key blockchain finance players showed just how fragile things are for the asset class, which dipped below a $1 trillion total ... ( read original story ...)
Will the Crypto Crash Beget a Better Crypto Future?
T he cryptocurrency winter, with prices of most crypto assets tumbling in recent months, has shone a harsh light on the fragility of Bitcoin and other crypto assets as stores of v ... ( read original story ...)
Here’s what’s at stake for markets if Bank of Japan sticks to its dovish path
Following a week of historic rate hikes and aggressive moves by the Federal Reserve and others, the Bank of Japan has hardly ever seemed more like a ... ( read original story ...)
Bank of Japan to take big paper loss if it abandons easy monetary policy
The Bank of Japan could be looking at 29T ($219B) in unrealized loss on its government bond holdings, as futures contracts on those bonds lose ... ( read original story ...)
India, Japan exchange views on macroeconomics at Finance Dialogue in New Delhi
India and Japan held a Finance Dialogue in New Delhi on Thursday and exchanged their views on the macroeconomic situation financial system financial digitaliz ... ( read original story ...)
Crypto bull Mike Novogratz warns the economy is going to collapse and the Fed is hiking rates as a bubble pops
"We are going to go into a really fast recession, and you can see that in a lot of ways," Novogratz told MarketWatch. ( read original story ...)
Mark Cuban Says that Crypto Companies Running on ‘Cheap, Easy Money’ Will Fail
American billionaire entrepreneur Mark Cuban has come out swinging against crypto firms that are operating on "cheap, easy money," pointing out that they will inevitably fail duri ... ( read original story ...)
Crypto volatility knocks more stablecoins off their peg
Major cryptocurrency volatility has hit stablecoins, typically considered the market's safer-havens, with investors pulling money out of the sector and several losing the peg to their underlying ... ( read original story ...)
What Does The Bitcoin Crash Mean For Crypto Gaming?
The crash of digital currencies does not spare video games that use blockchain, a technology widespread in the crypto industry. ( read original story ...)
What will the crypto crash mean for ‘bitcoin nation’ El Salvador?
El Salvador has invested heavily in bitcoin and related infrastructure in a bold plan to build its economy around the cryptocurrency, but now its value has plummeted ... ( read original story ...)