The collapse of FTX, once a $32 billion exchange, has shattered investor confidence in crypto. CNBC looks at how it may reshape the industry in the long run.
Japan’s Nikkei falls to 6-week low on slowdown fears
Japan's Nikkei share average fell to a six-week low on Monday, led by heavyweight technology stocks, after Wall Street ended lower in the previous session on fears of an economic slowdown due to the U ...
Japan govt to consider revising joint statement with BOJ – sources
The Japanese government will consider revising next year a joint statement it signed with the Bank of Japan (BOJ) in 2013 that commits the central bank to meeting a 2% inflation target as soon as ...
Traders will anxiously watch the Bank of Japan
Shorting the Bank of Japan is the trade of 2023. Gyrations in Japanese bond yields resulting from an abrupt increase in benchmark interest rates could force indebted domestic entities to dump overseas ...
Bank of Japan likely to keep low rate policy amid 40-yr high inflation
The Bank of Japan is widely expected to maintain ultralow rates at a two-day policy meeting starting Monday despite inflation hitting ...
BOJ owned half of outstanding Japan gov’t bonds for 1st time
The Bank of Japan held more than half of outstanding government bonds for the first time at the end of September, after stepping up purchases to keep bond yields low even as its counterparts began ...
Business Calendar: dovish Japan, frozen Europe
STORY: From a stubbornly dovish Bank of Japan, to Europe feeling the chill, these are the stories to watch out for in business and finance over the coming days.Might the Bank of Japan finally hike ...
This Week on Crypto Twitter: SBF Arrested! Binance Withdrawals Spike! Former President Pitches NFTs!
Just when you thought the torrent of gossip was starting to subside in Cryptoville, this week crypto Twitter was slammed by a barrage of news that turned it back into its usual self: a festering hive ...
$8 Trillion Fund Issues Stark 2023 Fed Warning After Huge Bitcoin, Ethereum And Crypto Price Crash
Bitcoin BTC, ethereum and the wider crypto market has suffered a catastrophic crash this year—with leaks revealing a surprise Binance CEO prediction. The bitcoin price has dropped under $17,000 per ...
‘Big Short’ Burry Sees Similarity Between Crypto And the 2008 Financial Crisis
The fledgling financial services industry has been trying to be transparent since the overnight implosion of cryptocurrency exchange FTX.
FTX flameout showed investors bought crypto for the wrong reasons. Why most are hoping that’ll change in 2023
When FTX blew up in November, crypto's biggest, smartest and most experienced devotees were left feeling just as betrayed as the investors who got burned and the outsiders who had just begun warming ...
‘Crypto winter’ has come. And it’s looking more like an ice age.
A year ago, crypto was everywhere. Now, companies are collapsing and prices for crypto coins have crashed. Is this the end of crypto as a mainstream industry?
Kraken’s incoming CEO shares 5 major crypto trends for 2023, including what he believes will be the leading use-cases
The irony is that the failure of FTX highlights the need for crypto, which removes the trusted third party, Ripley said.
Toshiba’s Preferred Bidder May Lower Valuation Below 2 Trillion Yen – Nikkei
Even though JIP has secured funding worth 1 trillion yen in equity from domestic companies and 1.2 trillion yen in loans from major banks, it may cut the valuation in light of a recent deterioration ...
Sony considers $5.8 bln smartphone sensor factory in Japan-media
Sony Group Corp is considering an investment of about 800 billion yen ($5.83 billion) to build a factory to make smartphone image sensors in western Japan, the Nikkan Kogyo newspaper said on Friday.
64% disapprove tax hikes to cover Japan’s rising defense budget: poll
The Japanese public has raised pressure on the administration of Prime Minister Fumio Kishida, with a poll by Kyodo News finding Sund ...