Graham Stephan believes the recent crypto crash is only the tip of the iceberg as there are fundamental problems within the industry. Read on to learn more.
Crypto Exchange Zipmex Seeks Bankruptcy Protection In Singapore As Crypto Crisis Spreads
Zipmex has become the latest victim of the ongoing crypto crash after running into liquidity problems that it blames on troubled crypto lenders Babel Finance and Celsius Network.
Crypto Unfiltered: What Are Liquidity Pools?
In this week's episode we will talk about 'Liquidity Pools' and how they impact the world of crypto. Liquidity is a fundamental part of both the crypto and financial markets. It is the manner in which ...
Japan’s Nikkei gives up gains as Denso outlook sours sentiment
Shares of Denso, a major supplier to Toyota Motor Corp, slipped 5.2% after the company lowered its operating profit forecast for the current business year by 14%.Toyota edged up 0.56% but rival Honda ...
Japan: monthly activity data suggests GDP will rebound in the second quarter
Monthly activity data for June came as a surprise to the market. Better-than-expected industrial production supports a rebound in manufacturing ...
Japan’s Inflation Not Mainly Caused by Weak Yen, ADB’s Asakawa Says
It goes a step too far to say a weak yen is the main reason for explaining why prices in Japan are rising, Asian Development Bank (ADB) President Masatsugu Asakawa said on Friday. The major factors ...
Japan’s Suzuki: Closely watching fx moves with sense of urgency while working with BOJ
Japanese Finance Minister Shunichi Suzuki said on Friday that they are closely watching fx moves with a sense of urgency while working with the Bank of Japan (BOJ). He declined to comment on ...
Crypto Must Overcome Its Perceived Illegitimacy To Scale
In recent weeks, near unprecedented bitcoin volatility has sparked a firestorm of debate as pundits and investors argue about the value, monetary and otherwise, of cryptocurrency.
Nintendo Supplier Withdraws Outlook Citing Chips Uncertainty
Hosiden Corp., a major assembler of Nintendo Co.’s Switch console, withdrew its fiscal year sales forecast citing difficulties procuring electronic components.Most Read from BloombergRockstar Games ...
Japan’s Sumitomo Mitsui Financial posts 24.2% jump in Q1 net profit
Sumitomo Mitsui Financial Group Inc , Japan's second-largest bank, reported on Friday a 24.2% increase in first-quarter net profit as improved economic conditions helped boost its main lending ...
Crypto: PayPal’s Ambitions Could Be Crushed By A Powerful Player
PayPal's crypto offering could be facing its last days if activist hedge fund Elliott Management has its say. The hedge fund recently took a stake in the beleaguered payments behemoth, according to ...
SEC Chief: No Reason To Treat Crypto Market Differently; Asks Investors To Be Careful On Direct Custody
"If a company builds a crypto market that protects investors & meets the standard of our market regulations, people will more likely have greater confidence in that market," he wrote in the tweet.
Japan’s Finance Ministry announces JPY 257b in budget reserves to curb inflation
Japanese Ministry of Finance announced on Friday that it has set aside JPY 257 billion in budget reserves to combat rising oil and other prices. Information on these pages contains forward-looking ...
Japan’s Nikkei tracks Wall Street rally to edge higher
TOKYO, July 29 (Reuters) - Japan's Nikkei share average edged higher on Friday, getting some support from Wall Street rally overnight, although the index failed to scale the psychological 28,000 ...
PayPal’s Crypto Project Could Be In Danger
PayPal's crypto offering could be facing its last days if activist hedge fund Elliott Management has its say. The hedge fund recently took a stake in the beleaguered payments behemoth, according to ...
Crypto’s nightmare scenario is here
While Coinbase’s problems with the SEC have flared up just in the past week, they represent the exact scenario that has been keeping crypto executives up at night for far longer. In fact, Coinbase ...