Several major financial institutes have warned that the Federal Reserves’ steep hike in interest rates is raising the risk of inflation. ( read original story ...)
Crypto’s Lehman Brothers moment
If the collapse of LUNA was crypto’s Bear Stearns moment, Celsius Network may well be its Lehman Brothers moment. Ironically, crypto markets were lauded as being the antidote to the ills of ... ( read original story ...)
Crypto markets face a long road back after bitcoin plunges below $20,000 as an ‘every man for himself’ attitude spreads, UBS strategist says
Crypto is set for a highly difficult period after bitcoin plunged below $20,000, a top UBS strategist has said. James Malcolm told Insider crypto's collaborative spirit has given way to an "every man ... ( read original story ...)
Japan court delivers blow to same-sex marriage advocates
Osaka District Court on Monday ruled that it is "constitutional" for Japan not to allow same-sex unions, in a setback for LGBT+ rights advocates in the only Group of Seven nation that does not ... ( read original story ...)
Japan’s Nikkei ends at more than 5-week low; chip, energy shares drag
"The indexes gained earlier in the session because investors sought to buy cheap stocks but the trading activities shrank as they struggled to find market moving cues," said Chihiro Ohta, assistant ... ( read original story ...)
Crypto industry fears contagion as bitcoin slips under $20,000
The cryptocurrency industry was on edge on Monday as bitcoin struggled to stay above a key level, with investors fearing that problems at major crypto players could unleash a wider market shakeout. ( read original story ...)
What you need to know about staked ether, the token at the center of crypto’s liquidity crisis
Staked ether is supposed to be worth the same as ether, but it's trading at a widening discount right now. Here's what's going on. ( read original story ...)
Is crypto crumbling, or is it merely in the ‘incubation phase’? One of Silicon Valley’s top Web3 investors says don’t throw the baby out with the bathwater
"Don't throw the baby out with the bathwater," the lead crypto investor at Silicon Valley venture capital firm Andreessen Horowitz urges. ( read original story ...)
Japan set to fine Twitter, Meta, Google if they neglect domestic registry -Nikkei
The Japanese government is set to levy fines against 48 tech companies including Twitter Inc. Facebook- owner Meta Platforms Inc and Alphabet Inc's Google for failing to register their headquarters in ... ( read original story ...)
Japan fintech investments fall to five-year low in Q1
There were only eight investment transactions during the quarter. Japanese fintech investment fell to its lowest quarter in five years, according to a report by FinTech Global. Investments reached ... ( read original story ...)
Asian shares down on recession risks; Nikkei loses over 1%
MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.4% and Tokyo's Nikkei 1.2%. Chinese blue chips gained 0.5%, perhaps aided by news President Joe Biden was considering removing some ... ( read original story ...)
ETF and active fund managers: what is stopping them from investing in crypto?
Sharp price movements and high-profile blow-ups have underscored concerns that the crypto market is too volatile for major players to invest in ... ( read original story ...)
Nikkei edges up with Wall Street futures
MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.1 percent in thin trade. Tokyo's Nikkei added 0.6 percent, having been underpinned recently by a sharp fall in the yen which ... ( read original story ...)
Japan Inflation Cuts Into Premier Fumio Kishida’s Support Ahead of Election
Support for Japanese Prime Minister Fumio Kishida’s cabinet slid in a series of media surveys carried out over the weekend, as respondents indicated dissatisfaction with his handling of rising prices ... ( read original story ...)
‘I Am’ Buying—Elon Musk Reveals Surprise Crypto Bet Amid $2 Trillion Bitcoin, Ethereum, BNB, XRP, Solana, Cardano And Dogecoin Price Crash
Tesla billionaire Elon Musk has said he is still buying the joke bitcoin rival dogecoin and will continue to support ... ( read original story ...)
Asia takes lead even as global IPO market contracts
New company listings have slowed dramatically in Asia in recent months after initially getting off to a quick start. While proceeds from new listings in the first quarter were 18% higher this year ... ( read original story ...)