Tag: finance

No cryptocurrency investor has been spared the pain of plunging prices. But the fallout from more than $700 billion in losses is far from even. ( read original story ...)

The bitcoin price has again dropped under the closely-watched $20,000 per bitcoin level after clawing its way back over the psychological barrier it crashed under earlier this month. Ethereum and ... ( read original story ...)

Brain Brooks, the CEO of BitFury and former U.S. Acting Comptroller of the Currency, stated that cryptocurrencies are not here to replace the US Dollar. He told CNBC’s Ylan Muii at the Aspen Ideas ... ( read original story ...)

The largest cryptocurrency exchange in the world, Binance, is partnering with Canadian musician The Weeknd for his After Hours Til Dawn tour that begins on the 8th July in Toronto. ( read original story ...)

Amid yet another crypto market correction, the price of Bitcoin fell to a weekly low under $20,000 on Wednesday morning. ( read original story ...)

A cryptocurrency Ponzi scheme that pulled in an estimated $4 billion worldwide is getting the documentary treatment. Sky Germany, the U.K.’s Channel 4 and super-indie Fremantle are backing a ... ( read original story ...)

Last week, digital asset investment products saw record outflows totalling $423 million, with institutional investors from Canada accounting for nearly all of the mass slaughter in the crypto market. ( read original story ...)

More fundamentally, crypto enthusiasts must face the idea that the three big goals of crypto were undermined in June. The three most popular features of cryptocurrencies and the blockchain technology ... ( read original story ...)

Today's market decline is solely due to Wall Street's loss, which was driven by concerns over consumption," said Shuji Hosoi, a senior strategist at Daiwa Securities. ( read original story ...)

Tokyo stocks closed lower Wednesday, with the benchmark Nikkei stock index snapping a four-day winning streak, after a plunge in U.S. consumer confidence data compounded fears of a recession hitting ... ( read original story ...)

Japan equities were lower at the close on Wednesday, as losses in the Chemical, Transport and Electrical/Machinery sectors propelled shares lower. At the close in Tokyo, the Nikkei 225 declined 0.91%. ( read original story ...)

We expect a consumption-led recovery in the second quarter, but weak consumer sentiment poses a risk to consumption in the second half of the year ... ( read original story ...)

Japan's Nikkei index fell 1.01 percent in early trading, while MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.1 percent, dragged lower by Australian shares, off 1.29 percent, and ... ( read original story ...)

Businesses and homes in Tokyo were asked to curb electricity use for a third day as a heatwave is set to reach its zenith for now, driving power margins to razor-thin levels.Most Read from BloombergRu ... ( read original story ...)

The nosedive in cryptocurrency markets has wiped out millions of dollars in funds stolen by North Korean hackers, four digital investigators say, threatening a key source of funding for the ... ( read original story ...)

The Bank of Japan, the country's central bank, is putting itself in a bind by sticking to its monetary easing. The yen has fallen sharply after the US Federal Reserve's interest rate hikes since March ... ( read original story ...)