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Tag: bitcoin

Posted on 10/02/2023

Crypto Gives Way to Vanguard as ETFs Get ‘Back to Basics’

In their place were industry heavyweights like Vanguard Group — the world’s second-largest ETF manager. There was even a panel celebrating the industry’s oldest product: the SPDR S&P 500 ETF Trust (ticker SPY ).

Posted on 10/02/2023

Crypto tumbles as concerns over regulation intensifies

Bitcoin tumbled to a three-week low Thursday, as crypto exchange Kraken halted its staking program and agreed to pay $30 million to settle charges by the US Securities and Exchange Commission.

Posted on 10/02/2023

Crypto, Super Bowl LVII and why this year won’t be another ‘Crypto Bowl’

A Crypto.com commercial during last year's Super Bowl featured LeBron James and a 2003 version of himself sitting down for a heart-to-heart, with the younger James asking the elder: Is the hype too much? Am I ready? To which the elder replies: I can't tell ...

Posted on 10/02/2023

Coinbase shares fall as SEC takes crypto staking action against Kraken

Coinbase shares fell after SEC action against rival Kraken, and from prior comments from CEO Brian Armstrong on the dangers of restricting crypto staking.

Posted on 10/02/2023

Japan’s Nippon Steel to pay record FY dividend on rising profit

Japan's top steelmaker Nippon Steel Corp on Thursday posted a 2% increase in April-December net profit to 517 billion yen ($4 billion) and said it would pay a record-high full-year dividend of 180 yen ...

Posted on 10/02/2023

U.S. Accused Of Trying To ‘Quietly’ Ban Bitcoin, Ethereum And Crypto

The Biden administration has been accused of trying to "quietly" ban bitcoin, ethereum and other cryptocurrencies in a move that's been described as "Operation Choke Point ...

Posted on 10/02/2023

Chicago’s Fastest Growing Company, CoinFlip Prepares For Its Crypto Future

The crypto market decline, the calamitous downfall of FTX, and the December arrest and extradition of FTX founder Sam Bankman-Fried has driven boisterous calls for government regulation of ...

Posted on 10/02/2023

Crypto ATM Provider Coin Cloud Files for Chapter 11 Bankruptcy

Crypto ATM provider Coin Cloud has filed for chapter 11 bankruptcy. Coin Cloud was one of the first major movers in the crypto ATM space, having been launched in 2014 by current CEO Chris McAlary. It ...

Posted on 10/02/2023

Tokyo Electron Raises Outlook as Clients Rush Delivery

Tokyo Electron Ltd. raised its profit outlook for the year after chipmakers moved up deliveries.Most Read from BloombergMeta Asks Many Managers to Get Back to Making Things or LeaveGeorge Santos Gets ...

Posted on 09/02/2023

Tokyo Electron Raises Outlook as China Chipmakers Rush Delivery

Tokyo Electron Ltd. raised its profit outlook for the year after Chinese chipmakers moved up deliveries ahead of a possible crackdown on exports of Japanese production equipment.Most Read from ...

Posted on 09/02/2023

Japan’s Nikkei ends lower, track Wall St weakness; Fed comments remain in focus

Japan's Nikkei index ended lower on Thursday, marking a retreat from its near two-month highs, as the benchmark index tracked downbeat performances on Wall Street after investors positioned for a ...

Posted on 09/02/2023

S&P Warns of Possible Economic Blow, Hit to Japan Inc From BOJ Rate Hike

Higher borrowing costs could also lead to a downturn in long-term economic growth, S&P said. Japanese bond yields have crept up on market expectations the BOJ will phase out its yield control policy ...

Posted on 09/02/2023

Tokyo Electron Lifts Outlook as China Chipmakers Rush Delivery

Tokyo Electron Ltd. raised its profit outlook for the year after Chinese chipmakers moved up deliveries ahead of a possible crackdown on exports of Japanese production equipment.Most Read from ...

Posted on 09/02/2023

Japan’s LDP Said to Be Divided If Kishida Seeks BOJ Pivot

Japan’s ruling party members see the possibility of division within the party if Prime Minister Fumio Kishida’s choice for the new Bank of Japan chief is someone who is unlikely to follow the current ...

Posted on 09/02/2023

Are Regulators Taking Aim at Crypto Staking? Rumors Suggest New SEC Scrutiny

We’re hearing rumors that the SEC would like to get rid of crypto staking in the U.S. for retail customers,” Coinbase co-founder and CEO Brian Armstrong tweeted Wednesday. “I hope that’s not the case ...

Posted on 09/02/2023

Coinbase CEO Armstrong Decries Rumors of Possible US SEC Ban on Crypto Staking

Coinbase Global Inc.’s head Brian Armstrong escalated his war of words with the Securities and Exchange Commission, warning he’d heard rumors the agency wants to ‘get rid of’ crypto staking by retail ...

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