The stock price of digital currency exchange, which represents the mainstream route for individual investors to buy bitcoin, sank to a new low. ( read original story ...)
Here are 2 charts that explain why the stock market meltdown and bitcoin’s slump are correlated — and that crypto is not a safe-haven asset like gold
"The correlation between bitcoin and high-growth benchmark ARKK still stands at ~60% year-to-date," Fairlead's Katie Stockton said in a Friday note. ( read original story ...)
A fully digital US dollar would be a better online currency than crypto, new Fed report suggests
A Fed-backed digital dollar would allow for fast and secure transfers without a third party or the wild price swings seen with cryptocurrencies. ( read original story ...)
Play-to-earn crypto games have exploded onto the scene and are shaking up gaming business models. Here’s how they work, and where the value comes from for investors.
Value for play-to-earn games comes from the users, the popularity of the game, and the demand for its underlying token. ( read original story ...)
Macao gaming bill, India Republic Day, South Korea’s largest IPO
On the same day, LG Energy Solution, the world's second-biggest electric vehicle battery maker, will list in Seoul after raising over $10 billion in South Korea's largest-ever IPO. Get the best of our ... ( read original story ...)
Japan should lead the global effort to decarbonise: Reflections on the EU’s Carbon Border Adjustment Mechanism
In July 2021, the EU announced a Carbon Border Adjustment Mechanism aimed at avoiding carbon leakage from the EU and promoting emissions reductions worldwide. This column summarises and reflects on a ... ( read original story ...)
Elon Musk and Jeff Bezos lose billions as tech stocks and crypto suffer steep falls
Tumbling tech stocks and cryptocurrencies have seen the fortunes of some of the world’s richest people take a hit over the past week. Bloomberg reports that Tesla and SpaceX founder Elon Musk lost $25 ... ( read original story ...)
Crypto Crash Cripples Bitcoin, Ethereum, and Dogecoin This Weekend
The intense selling pressure we saw ending the trading week for stocks continued into the weekend in the crypto market. Three of the top 11 tokens by market capitalization, Bitcoin ( CRYPTO:BTC) , ... ( read original story ...)
Saturday’s Crypto Meltdown: Why Some Cryptocurrencies Are Down Over 25% Today
If you thought Friday's crypto sell-off was intense then you'll be shocked to see the state of trading on Saturday. Many cryptocurrencies were down by another 25% with some falling 30% in the last day ... ( read original story ...)
Ether, Solana, Memecoins Get Crushed in Crypto Market Rout
The risk-off attitude and selling pressure across the global crypto market showed no sign of abating on Saturday, with Bitcoin sliding 4% and Ether down some 7% in late-afternoon U.S. trading after an ... ( read original story ...)
Japan’s mortgage tax relief system ‘unfair,’ leaves low-income earners ineligible
For people in Japan seeking home loans, the mortgage tax relief system has become indispensable. While the scale of tax reductions in the fis ... ( read original story ...)
Half of 7-Elevens in Japan to start selling 100-yen Daiso products this month
The COVID-19 pandemic has brought about a lot of stress, grief, and uncertainty, but with the difference in lifestyle that’s come with the pandemic, in some ways life almost seems more convenient than ... ( read original story ...)
NFT market booms while crypto market remains sluggish. Here’s why
DISTRIBUTED LEDGER Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and ... ( read original story ...)
Here’s why experts say the crypto market will be just fine despite a possible Russian ban on everything from mining to trading
"There are bigger concerns right now in crypto," Chris Vecchio of DailyFX, said, citing a hawkish Fed, interest rate hikes, and rising inflation. ( read original story ...)
Crypto Collapse Tests Faithful’s Infinite Supply of Optimism
With the blink of an eye, more than a trillion dollars in crypto-market value has evaporated. ( read original story ...)
Japan stocks lower at close of trade; Nikkei 225 down 0.90%
Japan stocks were lower after the close on Friday, as losses in the Paper & Pulp, Railway & Bus and Real Estate sectors led shares lower. At the close in Tokyo, the Nikkei 225 lost 0.90%. The best ... ( read original story ...)