The price of so called “move to earn” crypto token STEPN (GMT) has witnessed a massive rise in a little over a month time since March. According to data on CoinGecko, GMT price has jumped over 3500% ... ( read original story ...)
Yen Rebounds On Bank Of Japan
The yen finally got a break after a dreadful slide and is in positive territory today. The BoJ came to the rescue, although the central bank wasn’t looking to prop up the yen, but rather to defend its ... ( read original story ...)
As NFT scams proliferate online, crypto sleuths are fighting back
Online scams have reached the lucrative world of non-fungible tokens -- but a group of tech sleuths are fighting back against would-be scammers. ( read original story ...)
Crypto On April 20: Market Continues To Rise; Top Coins Bitcoin, Cardano Gain
The cryptocurrency market continued to gain momentum for the second consecutive day. Most of the top 10 tokens, including Bitcoin and Cardano, surged. The global market cap was up 1.74% to $1.92 ... ( read original story ...)
Japan stocks higher at close of trade; Nikkei 225 up 0.86%
Japan stocks were higher after the close on Wednesday, as gains in the Insurance, Banking and Financial Services sectors led shares higher. At the close in Tokyo, the Nikkei 225 added 0.86%. The best ... ( read original story ...)
Weaker yen, costly oil push Japan’s trade deficit higher
Japan has reported a much bigger than expected trade deficit for March as a weaker yen and high oil prices pushed costs of imports sharply higher. Preliminary customs figures released ... ( read original story ...)
Japanese yen plunges to fresh low in 20 yrs at 129 level versus U.S. dollar
The Japanese yen dropped to a new 20-year low in the 129 zone against the U.S. dollar on Wednesday, amid concerns over further divergence in monetary policies and the interest rates between Japan and ... ( read original story ...)
Bitcoin ‘tribalism’ is holding the crypto industry back, Ripple CEO says
"I am an absolute believer that this industry is going to continue to thrive." Bitcoin "maximalism" has meant the crypto industry has "fractured representation" in Washington, D.C., according to ... ( read original story ...)
Crypto trading a risk to financial stability, opens door for countries to evade sanctions: IMF
Trading volumes in crypto assets, like Tether, spiked following the introduction of sanctions against Russia and the use of capital restrictions in Russia and Ukraine. ( read original story ...)
IMF’s crypto warning is bad for some but opportunity for others
Crypto started to feel even more intense selling pressure when Russia began its invasion of Ukraine. As a result of the war, the US and its allies announced several rounds of sanctions on Russia, and ... ( read original story ...)
Crypto scammers are feeding off of the hype surrounding Moonbirds NFTs — one appeared to even hack Bernie Sanders’ son’s account
Hackers are using the social media platform to encourage users to click on links that can get your crypto stolen. ( read original story ...)
Japanese shares track Wall St strength, weaker yen lifts automakers
Japanese shares rose for a second session on Wednesday, as heavyweight technology stocks tracked overnight Wall Street gains, while the yen's recent slump helped boost automakers. The Nikkei share ... ( read original story ...)
Dollar scales fresh two-decade peak to yen, Bank of Japan targets yields
The dollar climbed to a fresh two-decade peak to the yen on Wednesday, buoyed by more Federal Reserve officials pushing for sizeable interest rate hikes. ( read original story ...)
Weekly News Wrap: Lawson mulls supermarket chain IPO; GoTo soars 23% in market debut
And Zilingo suspends its CEO amidst a probe on its accounting practices. From Reuters: Japanese convenience store operator Lawson is considering taking wholly owned supermarket chain Seijo Ishii ... ( read original story ...)
Bank of Japan defends yield target, offers to buy unlimited 10-year bonds
The Bank of Japan said on Wednesday it has decided to offer to buy an unlimited amount of 10-year Japanese government bonds (JGB) at 0.25%, in its third move to defend its yield target since February. ( read original story ...)
US dollar rockets to 20-year peak versus Yen on US Fed, Bank of Japan policy difference
"The BOJ has done the opposite of normalization. They have dug their heels in," said Richard Benson, co-chief investment officer at Millennium Global Investments in London. ( read original story ...)