The company said it planned to use the capital to invest in future acquisitions and product development. Crypto exchange Coinbase is planning to raise $1.5 billion through a bond sale in order to fund ... ( read original story ...)
Kevin O’Leary says he wants to more than double his crypto holdings to 7%
Celebrity investor Kevin O'Leary wants to increase his cryptocurrency holdings from 3% of his portfolio to 7% by the end of 2021, he told CNBC. ( read original story ...)
Japan’s Nikkei ends at over 31-year high as cyclicals shine
"The difference between today and yesterday is that today's gain is led by a rebound of US stocks," said Seiichi Suzuki, chief equity market analyst at Tokai Tokyo Research Institute. ( read original story ...)
Japan’s 10-year bond yield unchanged amid equity rally
Yields on benchmark 10-year Japanese government bonds (JGBs) were unchanged on Tuesday amid a rally in domestic equities that also countered positive results from the finance ministry's ... ( read original story ...)
Japan’s Nikkei 225 Returns to Bubble-Economy Level Seen in 1990
Electronics makers and car companies gave the biggest boosts to the broader Topix, which advanced 1%. Japan has been the world’s best-performing major stock market over the past two weeks amid hopes ... ( read original story ...)
After the ‘Bazooka’, the Bank of Japan Is Dismantling its Radical Chief’s Work
After years of shock and awe Bank of Japan is quietly rolling back radical policies introduced by its bold chief Haruhiko Kuroda Pioneering and pioneering controversial new measures that blur the line ... ( read original story ...)
Japan’s Nikkei hits over 31-year peak as cyclical shares track Wall St higher
Japan's Nikkei hit a more than 31-year high on Tuesday, with cyclical stocks rising the most, tracking overnight gains in major U.S. indexes, while progress in domestic vaccine rollouts raising hopes ... ( read original story ...)
Naomi Osaka’s Met Gala Vuitton Look Pays Homage to Her Roots
Naomi Osaka honors her heritage through her fashion choices whenever she can—and the Met Gala red carpet tonight was the perfect setting for her latest homage. Attending for the first time, she opted ... ( read original story ...)
Nikkei 225 Set for Highest Close Since 1990 as Japan Stocks Rise
Japanese stocks rose, lifting the Nikkei 225 Stock Average toward levels last seen during the nation’s bubble economy more than three decades ago. ( read original story ...)
Jefferies picks 3 Japanese banks that could get a boost from a new prime minister, more stimulus
Japan is set to get a new prime minister and that could usher in more fiscal stimulus, boosting some of the country's banks, according to Jefferies. Got a confidential news tip? We want to hear from ... ( read original story ...)
Lawmakers to grill SEC Chair Gensler on crypto during Senate hearing
Senators will grill Securities and Exchange Commission chairman Gary Gensler on Tuesday over the agency’s plans for cryptocurrency. ( read original story ...)
Crypto Platform Coinseed Ordered Shut in Win for N.Y.’s James
New York authorities won a court order shuttering a tiny cryptocurrency trading platform the state accused of illegally selling securities and improperly acting as a broker-dealer before sinking all ... ( read original story ...)
Walmart, GlobeNewswire Probe Fake Statement on Crypto Deal
Walmart Inc. and a press-release distributor are investigating a hoax tying the retailer to a supposed cryptocurrency deal after an announcement, later determined to be false, caused a short-lived ... ( read original story ...)
Where’s The Yield? Don’t Look To Crypto Lending, At Least Not Yet
With real rates trading below zero right now, many yield-starved investors are being forced into riskier and riskier assets, including high-yield junk bonds. ( read original story ...)
BlackRock CIO of Global Fixed Income: ‘Crypto Could Have Real Upside’
The BlackRock managing director and CIO of fixed income says the asset class is a durable one that will continue to grow. ( read original story ...)
Litecoin hoax highlights crypto market vulnerable to scams: ‘Walmart has no relationship with litecoin,’ says big box retailer
Fake news appeared to be giving holders of virtual currencies very real agita on Monday, as a hoax news release sent litecoin briefly soaring ... ( read original story ...)