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 ...)
Secai Marche nabs $1.4M to extend food supply chain connecting farmers with F&B in Asia
Kuala Lumpur-based Secai Marche, the Japanese startup behind shared food supply chain for the Southeast Asian market under the same name, ... ( read original story ...)
Today In Payments Around The World: Nayax Lands $142 Million In IPO; Square Rolls Out In Ireland
In today’s top payments news around the world, Nayax raised about $142 million in an initial public offering (IPO), while Square has launched in Ireland. ( read original story ...)
Japan finance group SBI faces likely stop order at social lending unit
Japanese financial authorities are likely to order a unit of online financial firm SBI Holdings to suspend operations over alleged illegal soliciting from investors, sources familiar with the matter ... ( read original story ...)
Japan’s obsession with perfection is an Olympic-sized problem
While it is true that you can set your watch to the departures and arrivals of Japan's trains, from the high-speed shinkansen to more humble commuter rails and subways, you do not really need a watch ... ( read original story ...)
Crypto payments above $10,000 would be reported to IRS under Treasury plan
The Biden administration wants businesses to report cryptocurrency transactions with values of at least $10,000 to the Internal Revenue Service. "Cryptocurrency already poses a significant detection ... ( read original story ...)
Former Broker Patrick Horsman Launches A Crypto Hedge Fund
Horsman was forced to resign from Blue Sand Securities after being accused of misrepresentation and fraud in a pending civil lawsuit ... ( read original story ...)
The people who won big at crypto – and those who didn’t
My friend knows a doctor who struck gold on cryptos and now has $100m and a penthouse on Central Park East. But for most people, the gains are not quite as spectacular ... ( read original story ...)
Analysis: Retail investors learn to love the crypto rollercoaster
"Investing in crypto is not for the faint of heart," said Bettencourt, a 32-year-old photographer in Toronto who has owned bitcoin and ether over the last year-and-a-half to complement his stock ... ( read original story ...)
Bitcoin bros mock Paul Krugman for comparing the crypto craze to ‘a natural Ponzi scheme’
That was Nobel Prize-winning economist and New York Times columnist Paul Krugman questioning crypto’s tangible value in a recent op-ed piece. The self-described “crypto skepti ... ( read original story ...)
Crypto Hedge Funds Buy the Dip in Bitcoin’s Week of Reckoning
Felix Dian is in fighting spirits after this week’s crypto meltdown.Like many pros, the former Morgan Stanley trader says Bitcoin’s volatility actually shows why hedge funds are in the ... ( read original story ...)
Why companies like crypto platform Coinbase are issuing a torrent of convertible bonds
What are convertible bonds? Investors can buy the bonds to earn a steady, often modest income stream, but also might end up owning valuable company stock. ( read original story ...)
Jim Cramer Has a Message for Crypto Bulls
Jim Cramer is looking closely at cryptocurrencies following a volatile week for Bitcoin, ethereum and the overall crypto space. And on Friday, Bitcoin resumed a selloff after China said it would be ... ( read original story ...)
Tokyo Olympics will go ahead no matter what, insists games chief
An International Olympic Committee chief has promised the Tokyo games will still proceed even if the city remains in a state of emergency due to the Covid-19 pandemic. The pledge from John Coates ... ( read original story ...)
The recent crypto sell-off was a healthy capitulation and hasn’t undermined the bull case for blockchain technology, Jefferies says
Jefferies' global head of equity strategy is still bullish on crypto, though he added there is room for debate about which assets should be owned. ( read original story ...)
Months after bursting into the bispecific scene out of nowhere, Janux follows the Merck hype to an IPO
Hot off of a $1 billion deal with Merck signed in December, Janux Therapeutics has been on a tear with virtually back-to-back financing rounds. Now, it's ready for Wall Street. Janux filed an IPO with ... ( read original story ...)