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Tag: banking

Posted on 17/02/2024

Coinbase Surges as the Crypto Exchange Makes Money, but Here’s Why I’m Not Buying

Coinbase Global's stock is sharply higher Friday as the cryptocurrency exchange's transaction revenue jumped 64% year over year amid a resurgence in trading volume, beating estima ...

Posted on 17/02/2024

Revolut to Introduce Crypto Exchange Targeting ‘Advanced Traders’

Digital bank Revolut is testing a beta version of a cryptocurrency exchange targeted at "advanced traders." "We're launching a new crypto exchange, built with advanced traders in mind," the email, ...

Posted on 16/02/2024

Bitcoin Reaches New Highs Against Yen as Economic Weakness Causes Weak Yen

Bitcoin hit a record high of 7.9 million yen on the Tokyo-based bitFLYER exchange, while its dollar price hovered around $52,000, significantly below its November 2021 peak.

Posted on 16/02/2024

Stock market today: World shares follow Wall Street higher as Japan’s Nikkei nears a record high

Shares advanced in Europe and Asia on Friday after stocks on Wall Street set a fresh record following mixed reports on the state of the U.S. economy. Tokyo's benchmark Nikkei 225 index traded near a ...

Posted on 16/02/2024

Japan’s Nikkei approaches all-time high; Hong Kong leads gains in Asia

Japan's Nikkei 225 was on course to reach all-time highs — it was less than 100 points from scaling its record peak at its intraday high of 38,863.6 ...

Posted on 16/02/2024

Capcom’s Street Fighter 6 Wins Fighting Game of the Year at the D.I.C.E. Awards!

Street Fighter 6 is 2023's top fighting game, winning its most recent prize, Fighting Game of the Year, at the 27th D.I.C.E. Awards.

Posted on 16/02/2024

Tokyo supermarket stocks more chicken for inflation-weary shoppers

Hiromichi Akiba is stocking his Tokyo supermarket with more chicken because customers who used to buy beef are switching to cheaper meat as rising prices put a squeeze on their spending, his business ...

Posted on 16/02/2024

Crypto VC exits were low in Q4 2023, Phantom MAU’s reach new highs and spot bitcoin ETF volumes are still rising

Welcome to TechCrunch Crypto, formerly known as Chain Reaction. Hello and welcome back to the new and improved TechCrunch Crypto newsletter. This is our fifth edition with, of course, regularly ...

Posted on 16/02/2024

Japan finance minister says a weak yen has merits and demerits

Japanese Finance Minister Shunichi Suzuki said on Friday that a weak yen has its merits and demerits although he was concerned about the negative aspects of a weak currency."Currency rates are set by ...

Posted on 16/02/2024

Crypto exchange Coinbase posts first profit in two years on robust trading

Coinbase Global on Thursday posted its first quarterly profit since 2021 on sturdy trading volumes due to a resurgence of interest in crypto, sending its shares up nearly 13% after the bell.

Posted on 16/02/2024

Nikkei jumps to fresh 34-year high, closes in on all-time peak

TOKYO, Feb 16 (Reuters) - Japan's benchmark Nikkei got off to a roaring start on Friday, opening the morning session at its highest since Japan's economic bubble burst in the late 1980s. The Nikkei ...

Posted on 16/02/2024

Japan slipped into a technical recession. The Bank of Japan has to juggle supporting the yen and fragile growth

The central bank is under pressure to alleviate Japanese yen weakness, stemming from the interest rate divergence between the U.S. and Japan.

Posted on 16/02/2024

Japan finance minister says up to BOJ to decide when to end negative rates

Japanese Finance Minister Shunichi Suzuki said on Friday that monetary policy including whether and when the central bank may end its negative interest rate policy was up to the Bank of Japan to ...

Posted on 16/02/2024

Crypto venture funding climbs for first time in nearly 2 years after bitcoin’s stellar run

It marks the first time that venture VC investments in crypto startups have risen since the March quarter of 2022.

Posted on 16/02/2024

Coinbase Returns to Profitability After Crypto Market Rebound

Coinbase Global Inc. posted a profit for the first time in two years after a fourth-quarter rebound in digital-asset markets lifted trading revenue at the largest US cryptocurrency exchange.

Posted on 16/02/2024

Crypto world, Wall Street await potential spring approval of spot ether ETF

Sentiment surrounding the approval of a spot product for the world’s second-largest digital asset in 2024 is overwhelmingly positive according to interviews conducted by FOX Business.

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