In October, Fed Governor Christopher Waller floated the idea of a “skinny” master account tailored for innovation-focused banks. Known formally as master accounts, these accounts enable financial ...
Brooklyn Man Accused of Stealing $16 Million in Crypto From Victims
From a house in Sheepshead Bay, Ronald Spektor bilked about 100 hapless marks across the United States, prosecutors say. Then, he went online to brag.
Bank of Japan raises rates to 0.75%; is Bitcoin going to slide?
The Bank of Japan raised interest rates to 0.75%, pushing borrowing costs to their highest level since 1995. The move comes as inflation remains high in the country. The yen is still weak against the ...
Bitcoin jumps above $87,000, yen slides as Bank of Japan hikes interest rates
The Bank of Japan raised its short-term policy rate by 25 basis points to 0.75%, the highest in nearly 30 years.
Crypto Markets Today: Bitcoin rallies on Japan rate hike as futures traders pile in
BTC rose to $88,000 after the Bank of Japan raised interest rates. The increase, seen as a potential risk-off trigger, failed to spark a flight into the yen.
Chapter 11 bankrupt crypto firm’s administrator sues Jump Trading
As far as Terraform Labs is concerned, the crypto company filed for Chapter 11 bankruptcy in the U.S. in January 2024. The firm received a court approval in September 2024 to wind down its operations ...
Crypto Chaos Jolts Hedge Funds in Worst Year Since 2022 Crash
Fundamental and altcoin-heavy strategies, where managers take long-term, bottom-up views on blockchain networks and tokens, are down about 23% after sharp drawdowns. Only market-neutral funds, which ...
Best Crypto To Buy Now For The 2025 Bull Run, Why Pepeto Could Outperform Bitcoin, Ethereum, And Solana On Pure Upside
With Bitcoin, Ethereum, and Solana entering more mature phases, some investors are exploring early-stage crypto projects such as Pepeto, where presale pricing and utility-focused infrastructure shape ...
Jump Accused of Contributing to Collapse of Terraform, Do Kwon’s Crypto Empire
The administrator winding down what remains of Terraform Labs is seeking $4 billion in damages.
Nikkei jumps 1.5% after Bank of Japan raises rates to highest in 30 years; all eyes on Governor Ueda’s presser
Japanese stock markets reacted positively to the Bank of Japan's expected interest rate hike, with the flagship Nikkei 225 surging as much as 1.42% following the announcement.
Asian shares advance after Japan raises its key interest rate to its highest level in 30 years
Shares are moderately higher in Asia and U.S. futures are mixed after the Bank of Japan raised its key policy rate to its highest level in 30 years.
Japan finance minister warns of action against any excessive forex moves
Japanese Finance Minister Satsuki Katayama said on Friday that Tokyo would take appropriate action to deal with any excessive volatility in the foreign exchange market.
Japan’s central bank hikes interest rate to highest in 30 years
The market’s focus is now on the timing for future hikes, with most Bank of Japan watchers anticipating the pace will be once every six months.
Bank of Japan hikes rates to highest in 3 decades but remains vague on ‘neutral’ destination
Higher rates, however, risk exacerbating the downturn in Japanese economy. Revised GDP numbers for the third quarter showed that economy shrank more than initially estimated, contracting 0.6% quarter ...
Japan’s MUFG to invest $4.4 billion for 20% stake in Shriram Finance
MUFG’s investment in Shriram Finance has added to the momentum of activity in the financial services space in the Indo-Japan corridor. The transaction combines SFL’s established domestic franchise and ...
Asia tech stocks bounce back as Wall Street rally; Nikkei outpaces peers after BoJ decision
Asia stock markets trade higher on Friday, buoyed by a rebound in technology shares and following a Wall Street rally, fueled by softer-than-expected November CPI data and increased optimism for Fed ...