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Tag: bitcoin

Posted on 18/11/2022

Fiat Currencies Around The World Face The Same Fate As The FTX Fiasco

Just like we saw FTX blow up, I think we’re gonna see Japan and then the U.K. and then the ECB all blow up kind of the same. While FTX might have been a black eye for bitcoin now, when those blow up, ...

Posted on 18/11/2022

Crypto firm Multicoin expects contagion from FTX to wipe out many trading firms in coming weeks

Multicoin Capital, one of the top crypto venture firms, told investors in a letter on Thursday that FTX's collapse will cause additional failures. "Many trading firms will be wiped out and shut down," ...

Posted on 18/11/2022

Fintechs Still Pushing Crypto But Distancing Themselves From FTX

Digital finance companies are trying to reassure customers about their cryptocurrency offerings after the implosion of crypto exchange FTX. Revolut Ltd., a finance app based in London, told users this ...

Posted on 18/11/2022

Is This the End Game for Crypto?

What’s the point of reinventing banks, only worse?

Posted on 18/11/2022

Japan’s Nikkei edges up on auto, chip stock gains; growth shares drag

TOKYO, Nov 18 (Reuters) - Japan’s Nikkei share average rose marginally on Friday, supported by gains in automakers amid a weaker yen and a rebound in chip stocks from steep losses in the previous ...

Posted on 18/11/2022

With FTX’s Collapse, Cycle of Cryptocurrency Loss Continues

After the collapse of the FTX cryptocurrency exchange, I received a small post card from Japan (see 'Unauthorized Transactions' Lead to Missing Funds at FTX). The sender was Mt. Gox. Here's how I ...

Posted on 18/11/2022

Missing Money, Crypto Houses, and Emoji Payments: Here’s the Most Batshit Revelations From FTX’s Latest Bankruptcy Filing

For a company that was once considered to be the rising star (and potential savior) of the crypto industry, FTX apparently ran itself like a ship of drunken sailors, foregoing common and established ...

Posted on 18/11/2022

Crypto Investors Shun Tether For USD Coin During Periods Of Market Turmoil

The collapse of a $32 billion crypto exchange placed a spotlight on stablecoins, the $145 billion lubricant greasing the entire digital-asset industry. During times of uncertainty, stablecoins ...

Posted on 18/11/2022

Japanese asset management platform Syla Technologies files for $17M US IPO

Japanese asset management platform Syla Technologies (SYT ... For the six-month period ended June 30, Syla posted net income of $1M on revenue of $65M. For more IPO news, check out SA's IPO News page.

Posted on 18/11/2022

BOJ Kuroda vows to keep easy policy in wake of strong inflation data

"Uncertainty regarding Japan's economy is extremely high ... But Britain’s action looks muddled. U.S. Marketscategory U.S. IPO price pops prompt fraud and 'pig butchering' warnings, article with image ...

Posted on 18/11/2022

Japan Inflation Hits Four-Decade High, Weighing on BOJ Position

(Bloomberg) -- Japan’s inflation hit its fastest clip in 40 years in October, an outcome that puts the central bank in an even more awkward position as it tries to explain the need to stick with ...

Posted on 18/11/2022

Bank of Japan Governor Kuroda: Japan’s economy is picking up, expects CPI gains to shrink next year

The U.S. job market remains healthy as fewer Americans applied for unemployment benefits last week, despite the Federal Reserve’s rapid interest rate hikes this year intended to ...

Posted on 18/11/2022

Japan inflation hits four-decade high of 3.6%

But it follows decades of sluggish inflation and even deflation in the world's third-largest economy, and Friday's rate exceeds the Bank of Japan's longstanding two-percent inflation target. However, ...

Posted on 18/11/2022

Japan Inflation Hits Four-Decade High in Test of BOJ Resolve

Japan’s inflation hit its fastest clip in 40 years in October, an outcome that puts the central bank in an even more awkward position as it tries to explain the need to stick with monetary stimulus to ...

Posted on 18/11/2022

$600M in Bitcoin options expire on Friday, giving bears reason to pin BTC under $16K

Bears are better positioned for Friday’s $600 million BTC options expiry, but bulls can flip the tables if Bitcoin price trades above $18,000.

Posted on 18/11/2022

Naomi Osaka sued by crypto investors as FTX exchange collapses

Naomi Osaka is being sued by crypto investors as a promoter of the once highly reputable FTX cryptocurrency exchange that has now suffered an absolute collapse. Naomi Osaka of Japan wore an FTX patch ...

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