Tag: banking

"We need to accept the beatdown in speculative assets for the greater good of the entire stock market," the "Mad Money" host said. ( read original story ...)

There "still was a lot of leverage, so this correction we've seen is healthy. A pullback is normal in crypto," Meltem Demirors told CNBC Wednesday. ( read original story ...)

The world’s biggest crypto-trading platforms were hit by disruptions as digital currencies from Bitcoin to Ethereum slid in a collapse that wiped out billions of dollars in market value. ( read original story ...)

China's move to restrict crypto activity may have helped spark a broad selloff for digital assets. But the move, which appears aimed at bolstering ... ( read original story ...)

It follows falls in Bitcoin of more than 10% last week after Tesla said it would no longer accept the currency. On Wednesday afternoon, Bitcoin recovered some ground, although it was still down -10.4% ... ( read original story ...)

Stocks dropped Wednesday for a third straight day as inflation fears kept investors on edge.By the closing bell: The Dow was down 164 points. The S&P gave up 12. The Nasdaq slipped 3.Minutes from the ... ( read original story ...)

Japan's exports surged 38.0% in April from a year earlier, Ministry of Finance data showed on Thursday, pointing to solid recovery in overseas demand. The rise compared with a 30.9% increase expected ... ( read original story ...)

Bitcoin and other cryptocurrencies are plunging as anxiety spreads through the market — this time, after China took more steps to crack down on the digital coins. ( read original story ...)

Bitcoin’s been in the limelight for months but a frenzied crash and subsequent mini snap-back in its price in the course of a single day in May was remarkable even by its own volatile standards. The ... ( read original story ...)

Crypto markets are in the midst of a substantial selloff that has shaken the conviction of some new investors in the nascent sector. Here's what some ... ( read original story ...)

All of the top 10 cryptocurrencies by market cap, except the stable coin Tether, fell by double digits on Wednesday in a crypto rout. ( read original story ...)

Mike Novogratz, a major cryptocurrency investor, told CNBC on Wednesday that the breakdown in bitcoin won't be fixed quickly. ( read original story ...)

Stocks closed broadly lower on Wall Street Wednesday, extending the market’s downturn to a third day. The price of Bitcoin and other cryptocurrencies dropped sharply in a surge of selling. ( read original story ...)

Doctors in Japan are asking for the cancellation of the Tokyo Olympics as they fight to contain a recent COVID-19 case increase that has left hospitals in the country full. According to Reuters, the ... ( read original story ...)

Japan’s target of balancing its budget by fiscal 2025 is essentially out of reach and pushing for it too hard would derail the pandemic-hit economy, according to Ayako Fujita, a member of the finance ... ( read original story ...)

After reaching unicorn status, investors are wondering if Boom Supersonic stock is in the near future. If it does go public, here's what you need to know. ( read original story ...)