Fed policymakers are laser-focused on taming inflation towards its 2% target. Japanese authorities remain nervous due to high volatility in the FX markets. The USD/JPY climbs for the fourth ...
Japan says it is ready to take action as yen dives
Japan has not announced any specific measures to bolster the yen, such as instructing the central bank to buy it against other currencies. But on Thursday, officials from the BOJ, the finance ministry ...
Japan planning new economic package in October after near-term help
Japanese Prime Minister Fumio Kishida said the government will present another economic package in October, which would add to a slew of measures to deal with the pain from the rising cost of living ...
Crypto Price Check: Bitcoin Slightly Higher as Market Share Shrinks
Cryptocurrency prices are slightly higher, but bitcoin's share of the overall market is at its lowest in as much as four years.
U.S. seizes $30 million in crypto from North Korea-linked hackers
The company said in a blog post it played a role in the recovery with U.S. law enforcement and other crypto organizations, without naming them, in the first ever recovery of stolen cryptocurrency by a ...
El Salvador 1 Year Later: Gauging The Impact of Crypto Winter
How is El Salvador's big bitcoin bet playing out one year later as the crypto winter continues to send crypto prices lower?
3 IPO Stocks to Watch in September
The drop-off is clear. The slowing IPO activity can be traced back to the 6 month bear market we went through in 1H22, to the increased market uncertainty and the overall economic downturn.
Chobani’s IPO Would Have Been a Big One. Now It’s Gone.
Chobani has requested to withdraw the IPO, according to a Sept. 2 letter to the Securities and Exchange Commission.
Convert Bitcoin To Japanese Yen
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Stack banks $2.7M to teach teens, parents about crypto
The app was designed with Gen Z in mind, a generation that will grow up with the blockchain and most likely own some kind of digital assets.
Here’s how much energy crypto mining gobbles up in the US
The Biden administration has ideas about how to stop the industry from burning through so much energy Crypto industry operations in the US use about as much electricity as all of the nation’s home ...
U.S. crypto operations consume as much electricity as home computers, says White House
Crypto mining operations in the United States account for between 0.9% and 1.7% of the nation’s total power consumption, according to a report released today by the White House Office of Science and ...
Seattle startup helping teens learn about and invest in crypto raises $2.7M
Stack, a Seattle-based startup building a platform that enables teens to invest in and learn about cryptocurrencies, has raised $2.7 million to boost its content production arm. The funding comes… Rea ...
Want to survive the crypto winter? Start by inspiring regulatory confidence
Today’s weather may be harsh, but the next phase of cyrpto is coming. Those who can inspire regulatory confidence will be better positioned to be on its leading edge.
Bank of Japan Can Stomach Weak Yen
A weak yen increases costs of imports, thus feeding into inflation pressures and hitting corporate profits. But the impact looks manageable as inflation in Japan remains mild by current standards.
USD/JPY tumbles below 143.00 as top Japanese authorites set to meet
The Japanese yen is finding fresh demand after the country’s Finance Ministry (MOF) reported that the Ministry, the Bank of Japan (BOJ) and the Financial Services Agency (FSA) are due to meet on ...