Most Read from BloombergWhy Hong Kong Is Building Apartments the Size of Parking SpacesAmazon Sued Over Crashes by Drivers Rushing to Make DeliveriesHong Kong's New Museum Tries to Please Art World — ... ( read original story ...)
Crypto Stocks Rally as Coin Price Surge Eclipses Rocky Earnings
Shares of cryptocurrency-related companies are rallying with digital tokens to record highs as FOMO has investors downplaying some high-profile misses this earnings season. ( read original story ...)
The Week’s Top Stories: ThredUP Earnings, Rivian IPO & Corporate Splits
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar. ( read original story ...)
Miami Plans to Give Out Bitcoin in Its Quest for Crypto Utopia
Everyone in Miami’s getting free bitcoin, Miami Mayor Francis Suarez told CoinDesk TV on Thursday. The move, part of the fuzzier overall plan to become “the first Web3.0 city,” entails parsing out ... ( read original story ...)
Coinbase Goes Social by Letting Users Tout Crypto Allocations
Coinbase Global Inc. is adding a slew of social-networking capabilities, one of which will make it easier for traders to share information about their allocations on platforms such as Instagram and ... ( read original story ...)
The head of BlackRock’s iShares says the world’s largest asset manager isn’t racing to launch a crypto ETF
Salim Ramji said he is holding back on a cryptocurrency ETF due to the "opaque" regulatory framework and liquidity worries. ( read original story ...)
How Crypto is Re‑Writing the Rules of Digital Ownership
In an age of pervasive digitization, cryptocurrency is changing how people think about everything from ownership to the future of the internet. ( read original story ...)
Japan Nikkei surges 1.1%
At closing bell, the 225-issue Nikkei Stock Average advanced 332.11 points, or 1.13%, to 29,609.97. The broader Topix index of all First Section issues on the Tokyo Stock Exchange grew 26.30 points, ... ( read original story ...)
Crypto Scams Are on the Rise — Here’s How Investors Can Protect Their Coins
New crypto investors should beware an influx of cryptocurrency scams. These are the cybersecurity risks that crypto investors should know about. ( read original story ...)
How Crypto Wallets Fit Into Investors’ Pockets
A coming wave of companies providing accounts for digital assets could reorder the consumer crypto landscape ... ( read original story ...)
Crypto exchange Binance suspends dogecoin withdrawals due to a glitch after a network update
Binance, the biggest crypto exchange in the world, said Thursday it had temporarily halted all dogecoin withdrawals. ( read original story ...)
Singapore’s Volatile Power Market Beats Crypto’s Wild Swings
Singapore’s wholesale electricity prices have surged to a record high and slumped below zero in the span of a month, a level of volatility more nerve-wracking than Bitcoin’s. ( read original story ...)
Japan economic stimulus package to require fiscal spending of over 40 trln yen – Nikkei
Japan's economic stimulus package aimed at easing the pain of the COVID-19 pandemic will require fiscal spending of over 40 trillion yen, the Nikkei reported on Friday. According to local media, Japan ... ( read original story ...)
Japan plans stimulus of $350 billion to ease pain of COVID-19, oil costs
Japan’s economic stimulus package will require fiscal spending worth 40 trillion yen ($350 billion), the Nikkei business daily reported on Friday, and a draft of the spending plan reviewed by Reuters ... ( read original story ...)
LeBron James and Naomi Osaka invest in StatusPro
Sports technology and gaming company StatusPro has announced a list of new high-profile investors, including basketball icon LeBron James and tennis star Naomi Osaka. The pair are ... ( read original story ...)
Coinbase Is Testing 1 New Feature That Will Change Who Invests In Crypto–and How
One of the world's largest cryptocurrency exchanges, Coinbase, is beta testing a new subscription-based service that would offer its members perks, such as fee-free trading. It stands to impact not ... ( read original story ...)