Even as the JPMorgan Chase CEO continues to offer vocal criticism of the trend, the nation's largest bank makes a key hire in the space.
Japanese yen jumps as traders suspect intervention
Japanese Finance Minister Shunichi Suzuki said on Friday that authorities were dealing with currency speculators "strictly", as an extended sell-off of the yen kept markets on heightened alert for ...
Crypto PACs backed by Sam Bankman-Fried, Scaramucci plan last-minute ad blitz for midterm elections
Political action committees funded by cryptocurrency executives such as Sam Bankman-Fried are launching a last-minute ad blitz in the 2022 midterm elections.
How Jason Goldberg went against investors’ advice amid the crypto winter and raised $3 million for his Web3 development startup Airstack
Goldberg launched Airstack during the crypto crash, ignoring advice to take the summer off and instead built a prototype, which caught VCs' attention.
Bitcoin’s volatility falls below Nasdaq and S&P 500’s for first time since 2020
Bitcoin volatility fell below that of both the Nasdaq and the S&P 500 for the first time since 2020, according to Kaiko.
Crypto’s Political Megadonor Has Shut His Wallet
As one of the richest and most powerful men in crypto, “SBF” is already a political megadonor in the vein of Peter Thiel and George Soros: He spent millions in support of Joe Biden’s presidential ...
Crypto bank deposits have dropped in this bear market. Why JPMorgan says it’s a ‘small blip’ over the long term
The outlook for crypto banks is surprisingly strong given a drop-off in customer deposits in the wake of depressed prices and low volatility , according to JPMorgan. Both Silvergate Bank and Signature ...
Lil Baby May Have Lost Millions In Crypto, But Is It Dead? ‘My Crypto People, They Got A Lot Of Faith In Crypto Still’
Rapper Lil Baby is trying to set himself up for generational wealth via multiple avenues, but that goal once cost him millions of dollars.
Alchemy, Ava Labs and BlockFi break down funding in a bear market at TC Sessions: Crypto
This timely topic is why we’re thrilled that industry veterans Flori Marquez, founder and COO at BlockFi; Nikil Viswanathan, co-founder and CEO at Alchemy; and John Wu, president of Ava Labs, will ...
Japan official declines to comment if Tokyo did market intervention
TOKYO (Kyodo) -- Japan's top currency diplomat ... U.S. dollar "I cannot comment on it," Masato Kanda, vice minister of finance for international affairs, told reporters.
Some, Not All, Crypto Token Screenings Will Be Scrapped, Japan’s JVCEA Official Says
The legally approved self-regulatory body wants to streamline screenings for tokens that are already listed on local exchanges while keeping existing standards for other assets including those only ...
Japan deals ‘strictly’ with currency speculators: Finance minister
TOKYO: Japanese Finance Minister Shunichi Suzuki said on Friday that authorities were dealing with currency speculators "strictly", as an extended sell-off of the ...
FT Cryptofinance: JPMorgan turns to ex-Celsius exec for crypto advice
Today, we’re taking a look at JPMorgan hiring a former Celsius lobbyist. The revolving door in Washington between government and private sector, and adversaries, is a fact of life but every so often, ...
Japan’s Nikkei ends below 27,000 mark on recession angst, chip stocks limit losses
Japan's Nikkei share average closed sharply below the key 27,000 mark on Friday (Oct 21), taking its cue from overnight Wall Street declines, amid worries that US Federal Reserve's aggressive rate ...
Roundup: Japan’s Nikkei ends lower on U.S. recession concerns as yen drops to 32-year low
Japan's benchmark Nikkei stock index closed lower Friday, tracking overnight losses on Wall Street stemming from concerns the U.S. Federal Reserve's aggressive rate hikes could lead to a recession.
Tokyo shares close lower after US losses
The US rate hikes have caused the yen to slide to its lowest level against the dollar in over three decades, while the Bank of Japan sticks to its longstanding monetary easing policies.