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Tag: bitcoin

Posted on 21/03/2024

MicroStrategy crosses major crypto milestone with $623 million buy

MicroStrategy, the largest publicly-traded company in terms of bitcoin holdings, bought another $623 million worth of bitcoin in the last week, making it the owner of more than 1% of bitcoin's total ...

Posted on 21/03/2024

Ethereum Foundation Gets SEC Scrutiny in Latest Crypto Crackdown

The US Securities and Exchange Commission has demanded information from companies about dealings with the Ethereum Foundation as part of a review of aspects of Ether — the world’s second-biggest ...

Posted on 21/03/2024

BloomZ Raises Expected IPO Price to $4.30 From $4 a Share

By Chris Wack BloomZ, a Japanese audio production company, has raised its expected 1.25 million-share initial public offering to $4.30 a share. In ...

Posted on 21/03/2024

The Bank of Japan’s tricky path to normalisation

The BoJ made a significant step on Tuesday. But the journey to normalising Japan’s monetary policy remains a long slog. Financial threats lurking after years of sub-zero rates have so far been tamed — ...

Posted on 21/03/2024

Bank of Japan ups interest rate first time in 17 years

When most of the central banks in the world have been raising interest rates, or refusing to bring them down, because of spiralling inflation and uncertain growth, Japan’s central bank, Bank of Japan, ...

Posted on 21/03/2024

End Of An Era – Bank of Japan Reverses Negative Interest Rate Policy

Bank of Japan raises short rates from -0.1% to 0.1%, becoming the last central bank to exit a Negative Interest Rate Policy. Read the implications of BOJ's move.

Posted on 21/03/2024

Japan’s $1.4 Trillion Government Pension Fund Requests Information On Bitcoin As It Mulls Diversification

The GPIF is requesting information on Bitcoin and other “illiquid assets” as it explores ways to diversify its trillion dollar portfolio.

Posted on 21/03/2024

Japan’s GPIF issues request for information on crypto, other illiquid assets

Government Pension Investment Fund, Tokyo, issued a request for information on illiquid assets in response to an “entrenched” global low-yield environment. The RFI called for information and ...

Posted on 21/03/2024

The crypto market lost $400 million — and Bitcoin had its worst day since the FTX collapse

Bitcoin’s value fell below $61,000 on Wednesday morning, dropping 8% in the past 24 hours after reaching its weekly peak. The decline is the biggest slide in a day since FTX’s collapse in November ...

Posted on 21/03/2024

Japan, Awash in Debt, Is Raising Interest Rates. Americans Should Watch Closely.

The Bank of Japan recently put an end to its negative interest rate ... After all, they ask, couldn’t the government always finance itself at close to zero interest rate? The spike in bond yields that ...

Posted on 20/03/2024

Exclusive: Reddit’s IPO as much as five times oversubscribed, sources say

The sources said the marketing of the IPO was continuing and asked not to be identified because the details are confidential. A Reddit spokesperson declined to comment. Reddit has already curbed ...

Posted on 20/03/2024

Crypto market sheds $400 billion of value as bitcoin sell-off intensifies after all-time high

Bitcoin slid further on Wednesday, briefly dipping below the $61,000 mark after, continuing a sell-off that began after the cryptocurrency hit an all-time high last week. Bitcoin has had a stellar run ...

Posted on 20/03/2024

Nikkei Bulls Scoff At Bank Of Japan That Forgot Its ‘Bazooka’

With the Nikkei 225 Stock Average up roughly 51% over the last 12 ... Nor is there a roadmap Ueda’s team can consult to unwind its titanically large holdings of Japanese government bonds — well over ...

Posted on 20/03/2024

Japan raises interest rates for the first time in nearly two decades

Japan just took a giant leap, hiking interest rates for the first time since 2007. Yeah, you read that right. After years of what ...

Posted on 20/03/2024

US Crypto Firms Paying $300,000 Wages Leave Foreign Peers Behind

US crypto companies offer significantly higher compensation packages than overseas rivals, according to a survey of startups by digital-asset investment firm Dragonfly Capital.

Posted on 20/03/2024

Is a Nikkei rally due after the BOJ’s policy shift? Citi weighs in

Investing.com-- Analysts at Citi said they expected the Nikkei 225 and broader Japanese stocks to see some short-term strength after the Bank of Japan’s historic policy shift, which ends nearly a ...

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