A new $100 billion government endowment fund aimed at supporting and spurring daring Japanese innovation may have a risk-aversion problem of its own. ( read original story ...)
Crypto Comes to S&P 500 Via Tesla’s $1.5 Billion Bitcoin Bet
When Tesla Inc. joined the S&P 500, people balked. Wasn’t that a lot of volatility to embed in the world’s most important stock index? Turns out they had only part of the picture. ( read original story ...)
Here’s what 6 crypto experts said about Tesla’s $1.5 billion investment into bitcoin
Analysts say Elon Musk's disclosure may already be late to the booming crypto party, but believe this is one of many new investments he will make. ( read original story ...)
Apple Should Launch Own Crypto Exchange, RBC Analyst Says
Apple should follow Square into the cryptocurrency exchange and payments space, and maybe buy bitcoin, an RBC Capital Markets analyst argues. ( read original story ...)
What Tesla’s big move into crypto assets did to the price of Bitcoin
Bitcoin soared to a record high after Tesla said in a filing that it had invested $1.5 billion in the crypto asset. The $800 billion electric company also said it would start accepting bitcoin as a ... ( read original story ...)
Crypto Stocks Rally With Tesla Pushing Bitcoin Above $44,000
Cryptocurrency-exposed stocks soared on Monday along with Bitcoin, which extended a weekend rally after Tesla Inc. said it invested $1.5 billion in the currency and will start accepting it as a form ... ( read original story ...)
SoftBank’s Vision Fund posts record $8bn profit on IPO boom
SoftBank Group Corp reported a record profit in its Vision Fund as a surging stock market lifted the value of its portfolio companies, but founder Masayoshi Son wiped out a significant chunk of those ... ( read original story ...)
Japan’s Chiyoda clinches $10bn bid for LNG plants in Qatar
Japanese engineering group Chiyoda is poised to win an order to develop liquefied natural gas plants in Qatar, Nikkei has learned, including facilities capable of capturing and storing carbon dioxide ... ( read original story ...)
Elon Musk Buys Bitcoin, Crypto Insiders Respond
Bitcoin is hitting new highs today as a 10-K filed by Tesla (NASDAQ:TSLA) revealed that the company had purchased $1.5 billion in Bitcoin and may be purchasing other digital assets in the future. ( read original story ...)
Which Crypto Projects Are Based on Ethereum?
Crypto dapps play a huge role in the way value is transferred across the blockchain ecosystem. Here is a breakdown of the projects built on Ethereum. ( read original story ...)
Will Crypto Replace Gold As The Go-To Inflation Hedge In 2021?
During economic downturns, the historical go-to diversifier has always been gold and precious metals. Time and again, research has shown that gold holds its value exceptionally well during recessions. ( read original story ...)
CoinDesk Launches CoinDesk TV as Demand for Crypto Content Booms
Crypto and blockchain news provider CoinDesk launches CoinDesk TV, a video streaming service with live daily and weekly news coverage and shows. ( read original story ...)
FINTECH.TV Completes Funding Round For Major Global Expansion Of Fintech, Crypto And ESG Content
FIntech.TV, the new entrant media platform focused on covering early stage fintech, crypto and digital assets, and sustainable investments, announced a multimillion-dollar funding round led by Brand ... ( read original story ...)
Japanese shares hit fresh 30-year high on recovery hopes, earnings boost
Japanese shares surged on Monday, with both Nikkei and Topix hitting 30-year highs, as strong corporate earnings lifted investor confidence for an economic recovery from pandemic lows. ( read original story ...)
Mike Novogratz’s Vision for Rebuilding Finance with Crypto
Subscribe to Odd Lots (Apple Podcasts)Hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance, and economics.Bitcoin, and crypto more broadly, ... ( read original story ...)
Crypto Fund Founder Pleads Guilty to $100m Fraud Scheme
The founder of two cryptocurrency hedge funds has pleaded guilty to securities fraud after apparently defrauding investors out of almost $100m. Australian national Stefan He Qin, 24, launched Virgil ... ( read original story ...)