Interest in digital assets is on the rise following an executive order from the White House and a recent report from the Fed. ( read original story ...)
Millennials look to crypto to retire early
Judy Sahay wants to retire by 45, and she knows how she’s going to get there: cryptocurrency. The media agency managing director has been investing in cryptocurrency for about two years, and is part ... ( read original story ...)
Crypto Startup Funding Keeps Climbing (Chart); Moonbirds NFTs Surge in Debut
Our two new charts confirm what investors and founders have been telling us for a few weeks: crypto startup funding is still red hot even though total funding into startups has fallen from late last ... ( read original story ...)
Latin American Crypto Exchange Bitso Hires New Brazil Chief
Thales Araújo de Freitas most recently led Brazil operations for Chile-based Global66, and prior to that held leadership roles at Citibank and HSBC. ( read original story ...)
Market Wrap: Bitcoin Bounces Around $40K as Stocks Waver; Crypto Security Concerns Intensify
New evidence of money laundering could trouble policymakers. Meanwhile, some analysts see limited upside for BTC. ( read original story ...)
Andre Cronje sees a ‘necessity for regulation’ ahead of crypto’s new era
Andre Cronje, former Fantom Foundation technical adviser and Yearn.finance founder, resurfaced on Monday via Medium after announcing his departure from the DeFi and crypto space last month. In a post ... ( read original story ...)
Japan’s Finance Minister Suzuki: The market determines the forex rate
THE MARKET DETERMINES THE FOREX RATE. JAPAN'S FINANCE MINISTER SUZUKI: WE WILL CONTINUE TO KEEP A CLOSE EYE ON THE FOREX MARKET. ( read original story ...)
Japan to Model Digital Yen Tests on Sweden’s Approach, Not China’s
The Bank of Japan will explore the design issues of a central bank digital currency in measured steps like Sweden rather than pressing ahead with large-scale pilot tests like China, according to the ... ( read original story ...)
Crypto and gold prices will go higher if the Fed is forced to raise its inflation target to 3%, says Mohamed El-Erian
The Fed is battling inflation that's sitting at a 41-year high. Gold prices, meanwhile, have outperformed bitcoin so far this year. ( read original story ...)
Novavax Covid Vaccine On the Verge of Approval in Japan, Reports Nikkei Asia
Covid-19 vaccine has been cleared for approval by a Japanese government panel, according to Nikkei Asia. The Novavax vaccine will become Japan's fourth vaccine option, reported Nikkei's Daishi Chiba. ( read original story ...)
Invested in Crypto? Here’s Everything You Need to Know About This Year’s Tax Rules
The IRS has given guidance twice on cryptocurrency tax issues in IRS Revenue Ruling 2014-21 and 2019-24. The critical determination by the IRS in 2014 was that cryptocurrency is property, not currency ... ( read original story ...)
How You Can Get More Time To File Your Crypto Taxes?
If you are running out of time, you can get additional six months to file your taxes if you properly apply for a tax extension with the IRS on or before April 18th, 2022. ( read original story ...)
Is There a ‘Best’ Time to Trade Crypto? Here’s What the Data Says
Those looking to execute large buy and sell orders will need to identify times when there’s maximum liquidity (availability of counterparties at any given time for you to exit o ... ( read original story ...)
Crypto Price Check: Bitcoin Hitting One-Month Low
Cryptocurrency prices were falling on Monday, April 18, with bitcoin hitting a one-month low, as investors looked for signs that the Federal Reserve might boost interest rates next month. Bitcoin was ... ( read original story ...)
Japan: Nikkei extends losses on Kuroda remarks
Usually, a softer yen boosts Japan's export-oriented equities but if the yen sinks too low import bills could become oppressive and the weak currency may be signaling a slowing economy. ( read original story ...)
Bank of Japan’s Kuroda says yen’s ‘quite sharp’ moves may hurt businesses
Bank of Japan Governor Haruhiko Kuroda said on Monday the yen's recent moves had been "quite sharp" and could hurt companies' business plans, offering his strongest warning to date of the risks ... ( read original story ...)