"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 ...)
UPDATE 1-Japan’s Mizuno and World Co to stop using Xinjiang cotton -Nikkei
Japanese apparel makers Mizuno and World Co will stop using cotton from China's Xinjiang due to concerns over alleged human rights violations in the region, Nikkei reported on Friday. ( read original story ...)
Tokyo’s state of emergency won’t stop Olympics taking place, says IOC member
The Olympic Games will proceed even if Tokyo remains in a state of emergency, according to a senior member of the International Olympic Committee. The Japanese capital is one of nine prefectures in ... ( read original story ...)
Olympics-Games will be very strange, but Tokyo ready play host safely – Brownlee
(Reuters) - British triathlete Jonny Brownlee has had a preview of how Japan will play host at the Tokyo Olympics and he has faith the Games can go ahead safely while admitting it will be a very ... ( read original story ...)
Japan Panel Urges Govt to Continue Spending Reforms
The Japanese government should continue spending reforms, including efforts to curb social security costs, for at least three more years from fiscal 2022, an advisory panel said Friday. You are now ... ( read original story ...)
Nikkei climbs nearly 1% at close; Japan shares end higher on Wall Street gains, stable U.S. rates
The Nikkei share average advanced 0.78 per cent to close at 28,317.83, while the broader Topix rose 0.46 per cent to 1.904.69. ( read original story ...)
Japan’s Mizuno and World Co to stop using Xinjiang cotton – Nikkei
Japanese apparel makers Mizuno and World Co will stop using Xinjiang cotton out of concerns over alleged human rights violations in the region, Nikkei reported on Friday. Workers are seen on the ... ( read original story ...)
Binance.US CEO and others sound off on the last 24 hours of crypto’s wild ride
Amid the massive cryptocurrency sell-off yesterday, Bitcoin's intensifying plunge, Coinbase's outage and China's latest crypto crackdown, preeminent CNBC guests including "Margins" Co-author Ranjan ... ( read original story ...)
Bitcoin recovers after plunge that shaved $1 trillion off crypto market: CNBC After Hours
CNBC.com's Jordan Smith brings you the day's top business news headlines. On today's show, Kate Rooney breaks down new data showing that bigger investors, or "whales" were the ones buying bitcoin at ... ( read original story ...)