Bitcoin and other digital currencies fell as much as 20 percent after China effectively banned its financial institutions from providing services related to cryptocurrency transactions. ( read original story ...)
‘I Won’t Sell’ Dogecoin—Tesla Billionaire Elon Musk Reveals Where He Stands In ‘The True Battle’ Between The Dollar And Crypto
Elon Musk, the meme-loving TeslaTSLA chief executive that moves markets with his irreverent tweets, is apparently readying for ... ( read original story ...)
HRTech startup SmartHR becomes Japan’s 6th unicorn after raising $110M+: Nikkei
SmartHR Founder and CEO Shoji Miyata Nikkei reported on Friday Japanese HRTech startup SmartHR has secured about 12.5 billion yen (about $115 million US) in the latest series D round, which ... ( read original story ...)
Aung San Suu Kyi in court, JD Logistics IPO, HSBC coal plan
After more than 100 days under house arrest, Aung San Suu Kyi will appear in court on Monday as the junta levies five criminal charges against her. And with 60 days to go before Tokyo welcomes 15,000 ... ( read original story ...)
Click: 3D chat, two-legged robots and a crypto scam
D chat, two-legged robots and a crypto scam Up Next. Video, 00:01:46Italy wins Eurovision: 'Rock and roll never dies' Why Iranians have been queueing for chicken. Video, 00:02:33Why Iranians have been ... ( read original story ...)
Japan export growth at decade high driven by cars, electronics
Japan exports grew 38 percent in April the highest growth recorded since 2010 fueled by a growing demand for cars and electronics led by its key markets in the US and China ... ( read original story ...)
Bitcoin pizza day? Laszlo Hanyecz spent $3.8 billion on pizzas in the summer of 2010 using the novel crypto
It's Bitcoin Pizza day in the crypto community! About 11 years ago on May 22, Laszlo Hanyecz, one of the early adopters of the newfangled cryptocurrency ... ( read original story ...)
A crypto crash wiped out $1 trillion this week. Here’s what happened
Wild, stomach-churning moments are part of the experience when you buy a ticket to the crypto circus. But the past week's volatility was enough to make some of the crypto faithful wonder whether ... ( read original story ...)
Musk says he supports crypto in battle with fiat money
Musk has previously compared bitcoin to fiat money and often tweets about cryptocurrencies that have sent values for bitcoin and the meme digital currency dogecoin up and down. In February, bitcoin ... ( read original story ...)
Summers Says Crypto Has Chance of Becoming ‘Digital Gold’
Former U.S. Treasury Secretary Lawrence Summers said cryptocurrencies could stay a feature of global markets as something akin to “digital gold,” even if their importance in economies will remain ... ( read original story ...)
2 crypto pros break down why bitcoin in the clear for now after plunging 35% in a matter of days
"We believe that most of the leverage is out of the system now and bitcoin should start to form a base here," said Pankaj Balani of Delta Exchange. ( read original story ...)
The US Treasury Wants $10K+ Crypto Transfers to Be Reported to the IRS
The IRS has already started tracking taxpayers who own cryptocurrencies and can legally seize assets of tax evaders. The Treasury’s proposal is also part of Biden’s comprehensive tax compliance plan, ... ( read original story ...)
Softbank’s Son Opposes Olympics; India Cases Slow: Virus Update
Japan’s slow vaccine rollout and the spread of variants is adding to fears that new virus mutations could be imported because of the Games and worsen the already-strained medical system. Singapore ... ( read original story ...)
India Cases Slow; Singapore Has First School Link: Virus Update
Hong Kong is considering a partial opening of its border with mainland China as early as next month and Osaka is seeking an extension of its state of emergency, according to media reports. Europeans ... ( read original story ...)
Here’s How Much of Your Investing Portfolio Should Be in Crypto, According to 5 Experts
For more information, see How We Make Money. Bitcoin’s sharp drop in value this week is a perfect case study of the risks associated with crypto investing. Cryptocurrency is still an extremely ... ( read original story ...)
Ron Insana on crypto volatility: This is just plain nuts and nonsensical
Ron Insana, CNBC senior analyst and commentator, Schroders North America senior advisor, and CNBC's Kate Rooney join 'Power Lunch' to discuss the volatility in cryptocurrency. ( read original story ...)