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Tag: crypto

Posted on 02/10/2022

Some ultra-wealthy are buying high-end art for their yachts as a recession hedge while stocks, real estate, and crypto tank on global uncertainty

The ultra-wealthy are adding luxury art to their portfolios as a recession hedge — and they're increasingly displaying it on their megayachts.

Posted on 01/10/2022

‘Better Tech’—A Legendary Google Billionaire Is Backing A Radical Bitcoin And Ethereum Rival Despite Huge $2 Trillion Crypto Price Crash

Former Google chief executive and billionaire Eric Schmidt has said chainlink has "better technology" and "scales better" than other cryptocurrencies like bitcoin and ...

Posted on 01/10/2022

Crypto Volatility Creates Opportunity for Wall Street Traders

Institutions are leaning on tactics used in traditional markets, including short selling and mining information on loan contracts.

Posted on 01/10/2022

Japan spent record of nearly $20 billion on intervention to support the yen

Japan spent up to a record 2.8 trillion yen ($19.7 billion) intervening in the foreign exchange market last week to prop up the yen, Ministry of Finance data showed on Friday, draining nearly 15% of ...

Posted on 01/10/2022

Consumer Complaints About Crypto Are on the Rise Amid Industry Slump, Data Shows

Consumer complaints have again put the risks from the cryptocurrency trade in the spotlight, as thousands of complaints have flooded into the Consumer Financial Protection Bureau over the past two ...

Posted on 01/10/2022

Tokyo likely spent record amount on yen-buying intervention

TOKYO/ OSAKA--Finance Minister Shunichi Suzuki said authorities stood ready to respond to speculative currency moves, a fresh warning that comes days after Tokyo intervened in the foreign exchange ...

Posted on 01/10/2022

CFTC Goes After Digitex Crypto Exchange In Lawsuit

On Friday, the Commodities Futures Trading Commission went after crypto exchange Digitex and its founder Adam Todd in a lawsuit, claiming that it has “never been registered with the Commission in any ...

Posted on 01/10/2022

Crypto lender Celsius not seeking payments for outstanding loans

Bankrupt crypto lender Celsius Network said on Friday it is not seeking to enforce payment obligations for outstanding loans during its Chapter 11 proceedings and that borrowers do not need to repay ...

Posted on 01/10/2022

Deglobalization Is Happening. Crypto Is Part of the Answer

This article is excerpted from The Node, CoinDesk's daily roundup of the most pivotal stories in blockchain and crypto news. You can subscribe to get the full newsletter here. These points were ...

Posted on 01/10/2022

Ethereum’s Founder on What Crypto Can — and Can’t — Do

It is a conversation about crypto, but it is not really about the part of crypto people are most familiar with. So I want to give some context. So there’s crypto as this frothing, speculative, hyper ...

Posted on 01/10/2022

Apply to pitch your startup at TC Sessions: Crypto

Crypto has evolved from a niche product into a critical piece of the infrastructure underpinning an entirely new vision for the internet — web3. Startups are at the core of this innovation, and ...

Posted on 01/10/2022

Crypto outperforms tech in Q3, and what makes Solana the fastest blockchain: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and ...

Posted on 01/10/2022

Japan’s forex intervention hits record ¥2.84 tril to stem yen fall

Japan's currency intervention last week cost 2.84 trillion yen, the largest-ever amount spent to stem the yen's sharp slide against the U.S. dollar, Finance Ministry data showed Friday. The yen-buying ...

Posted on 01/10/2022

Japan and Korea have dumped billions of dollars defending the yen and the won against the strong US currency

Japan last week spent up to $19.35 billion to prop up its currency against the dollar but the greenback has nearly gained back its lost ground.

Posted on 01/10/2022

Consumer Complaints About Crypto on the Rise Amid Crypto Slump, Data Shows

Consumer complaints have again put the risks from the cryptocurrency trade in the spotlight, as thousands of complaints have flooded into the Consumer Financial Protection Bureau over the past two ...

Posted on 01/10/2022

Roundup: Japan’s Nikkei ends sharply lower on Wall Street’s drop, global slowdown woes

Japan's benchmark Nikkei stock index closed sharply lower on Friday following Wall Street's overnight slump amid mounting concerns that aggressive rate hikes by the Fed and other central banks will ...

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