Japan's benchmark Nikkei average closed down 0.11 percent at 26,818.53 on Monday, while the broader Topix shed 0.07 percent at 1,898.35. TOKYO, May 2 (Reuters) - Japan's benchmark Nikkei average The ... ( read original story ...)
Yen weakness is an opportunity, not a threat, for Japan
No longer. Today, the weakness of the yen prompts discontent inside Japan, not without. There are demands for the Bank of Japan to raise interest rates. This would be a mistake. Although painful in ... ( read original story ...)
The crypto industry wants to go green — but that’s easier said than done
Governments around the world are growing concerned. Some countries, such as China, have gone so far as to ban crypto mining outright. In northern Sweden, Canadian firm Hive Blockchain is relying on a ... ( read original story ...)
Can crypto clean up its dirty image?
Governments around the world are growing concerned by this. Some countries, such as China, have even banned crypto mining outright. Some companies in the crypto sector are taking the criticism on ... ( read original story ...)
Japanese shares end lower as investors await FOMC outcome
Japanese market will be closed from Tuesday to Thursday for public holidays known as the Golden Week. Chip equipment maker Tokyo Electron was the biggest drag on the Nikkei, losing 1.24%, followed by ... ( read original story ...)
Japan consumer confidence edges up in April, first rise in six months
The rising cost of living has fanned fears of a potential slowdown in consumer spending later this year. The Bank of Japan said on Monday that Japanese consumers will continue to face more ... ( read original story ...)
BOJ says fuel, food-driven gains to keep propping up Japan inflation
TOKYO (Reuters) - Japan's consumer inflation will continue to face upward pressure later this year from rising electricity bills and food prices, as the recent surge in commodity prices hits the ... ( read original story ...)
JPMorgan’s Jamie Dimon Praises Crypto But Billionaire Buffett Wants None
Crypto critic Jamie Dimon has come out with some words of praise for the technology, highlighting how inefficient the current banking system is. Dimon said that crypto transactions are far more ... ( read original story ...)
Crypto markets see steady growth; Warren Buffett dismisses Bitcoin
Furthermore, JP Dimon, CEO of JP Morgan recently said that he doesn't particularly like investing in crypto but defends people's right to do it. ( read original story ...)
First Mover Asia: Singapore’s Distaste for Retail Crypto Is Spooking Institutional Money
Insights: Singapore's growing crypto regulatory scrutiny has raised concerns among institutional investors. Technician's take: BTC's trading range could persist into the following week. ( read original story ...)
Sequoia’s Shaun Maguire on competition and conviction in crypto venture — ‘A lot of VCs… are going to pull back’
As crypto continues its wild rise, storied venture firm Sequoia is not just competing with the a16z’s of the world but with a rising crop of crypto native venture funds that are seeing their ... ( read original story ...)
Crypto skeptic Jamie Dimon says ‘Not all of it is bad’
Jamie did warn investors to stay cautious of how much money they invest in it. After this, he also pointed out some of the benefits of crypto. First is the transfer of money to foreign countries. He ... ( read original story ...)
Crypto Biz: If you think crypto is bearish, you’re not paying attention, April 21–27, 2022
Unfortunately, many new investors forget to treat crypto as an exponential asset class and, therefore, let short-term price fluctuations weaken their conviction. Do you want to know who’s conviction ... ( read original story ...)
Wikipedia to Stop Accepting Crypto Donations on Environmental, Other Grounds
Don't miss CoinDesk's Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Wikimedia, the non-profit foundation that runs Wikipedia, has ... ( read original story ...)
Bored Ape NFT company raises around $285 million of crypto in virtual land sale
As non-fungible tokens (NFTs) - crypto assets that represent digital files such as images, video, or items in an online game - exploded in popularity, Bored Ape prices surged to fetch hundreds of ... ( read original story ...)
Telegram Now Allows Crypto Payments on App
Telegram boasts over 550 million users and the move is heralded as a step forward to ease crypto adoption. This week, The Open Network (TON), a blockchain developed by the popular instant messaging ... ( read original story ...)