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Tag: banking

Posted on 16/03/2024

Japan funds boom as stock market hits record high

The Japanese stock market reached a 34-year high last month, and investors in the Asian market are getting the best news they’ve heard in decades. The Japanese Nikkei 225 has risen 42.5 per cent ...

Posted on 16/03/2024

BOJ to end negative rate policy next week, says Nikkei

The Bank of Japan is expected to end its negative interest rate policy on Tuesday on substantial wage hikes by big firms in this year's wage negotiations, the Nikkei newspaper reported on Saturday.

Posted on 16/03/2024

Reddit IPO: Price, listing date, and which Redditors are getting the stock

SEE ALSO: Reddit finally files IPO, gives Redditors first dibs on buying stock These isolated shares are mostly for the holders of Reddit accounts made before January 1, 2024, so if you're new to ...

Posted on 16/03/2024

United States Leads All Countries With a Staggering $9,360,000,000 Worth of Crypto Gains in 2023: Chainalysis

New data from market intelligence firm Chainalysis reveals that global cryptocurrency gains topped $37.6 billion in 2023 as asset prices and market sentiment continue to improve after a challenging ...

Posted on 16/03/2024

Crypto Megafunds Strike a Comeback Following Low Deal Flow

During the last crypto bull market, a small number of investment firms raised massive digital asset funds worth at least $1 billion, spurring optimism and hype around blockchain.

Posted on 16/03/2024

Crypto Executives and Investors Spent Millions on TV Ads to Defeat a California Senate Candidate. The Ads Didn’t Mention Crypto.

Fairshake, a Super PAC supported by Marc Andreessen, Brian Armstrong, and other crypto honchos, has ambitions to shape crypto regulation in the U.S. It's already a campaign finance powerhouse ...

Posted on 16/03/2024

Soaring US debt will ‘break’ markets at some point if spending isn’t reined in, Wharton professor warns

Other market commentators have sounded the alarm on the growing national debt balance as the pace of government spending shows no sign of slowing. Billionaire investor Ray Dalio predicted last year ...

Posted on 16/03/2024

Bitcoin dropped to $68,000 as the crypto rally hit a roadblock

Bitcoin’s rally took a break Friday morning as the flagship cryptocurrency’s price dropped 6% overnight to $68,000. It’s unclear what caused the price drop, but analysts consider it a healthy ...

Posted on 16/03/2024

Some crypto dudes raised $650,000 to put a weird puppy meme on the Las Vegas Sphere

There will come a time when a giant meme of a Shiba Inu puppy with a hat will take over the Las Vegas Sphere. All it took was hundreds of thousands of dollars and a hoard of fans.

Posted on 16/03/2024

US Economy Shifts ‘From Goldilocks To Stagflation’: Top Wall Street Analyst Explains Why Crypto, Gold Are At All-Time Highs

Bank of America's chief investment strategist, Michael Hartnett, expects the U.S. economy to shift in 2024 from a 'goldilocks' phase into a 'stagflation' scenario.

Posted on 16/03/2024

North Korean hackers are laundering millions worth of crypto through a sanctioned ‘mixer’

North Korea-backed hackers are using a mixer sanctioned by the US to launder funds stolen in a hack last November, Elliptic said.

Posted on 16/03/2024

China May Be Biggest Winner From Bank Of Japan Rate Shock

Of course, sudden yen moves have a knack for shoulder-checking global markets. Two-plus decades of zero rates made Japan the globe's top creditor nation. Since the late-1990s/early 2000s, financiers ...

Posted on 15/03/2024

As crypto industry looks to widen its influence in Washington, Elizabeth Warren emerges as a target

The senator is a major critic of the wealthy industry, but toppling her in Massachusetts would be a challenge.

Posted on 15/03/2024

Bloomberg analyst makes $97 billion prediction for bitcoin ETFs

Bitcoin ETFs are "going to pass gold ETFs," which hold nearly $100 billion in assets, a senior ETF analyst projected.

Posted on 15/03/2024

Forbes Daily: Robinhood Surges Amid Stock Market And Crypto Boom

Friday's edition of Forbes Daily covers how GE and IBM are making comebacks, Mnuchin's efforts to purchase TikTok and the firm investing in underrepresented founders.

Posted on 15/03/2024

Japanese Nikkei Dips as Tech Stocks Follow US Peers Lower; Focus on BOJ Meeting

Japan’s Nikkei share average experienced a slight decline, influenced by a decrease in technology shares mirroring their U.S. counterparts. Traders remained cautious ahead of the upcoming Bank of ...

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