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 ...)
Japan likely to forgo submitting extra budget to current parliament -Yomiuri
Japan's government is likely to forgo submitting an extra budget to the current parliament session running until June 16, the Yomiuri newspaper reported on Friday. Some lawmakers have called for an ... ( read original story ...)
Tokyo’s Nikkei share average opens up 0.61 pct
Japan's benchmark Nikkei average opened up 0.61 percent at 28,269.61 on Friday, while the broader Topix gained 0.20 percent at 1,899.67. T Reuters, the news and media division of Thomson Reuters, is ... ( read original story ...)
Japan Jibun Bank Manufacturing PMI came in at 52.5 below forecasts (53.8) in May
EUR/USD remains on the front foot around 1.2230 during the early Friday morning in Asia. The currency major pair bounced off the short-term key support area the previous day and is all set to confront ... ( read original story ...)
Elon Musk Makes A Subtle Dogecoin Price Prediction And Renews Attack On Bitcoin Amid Calls For ‘A True For The People Crypto’
Elon Musk—who has continued to boost the price of dogecoin with tongue-in-cheek tweets—has called on the biggest bitcoin miners to disclose how much of their energy comes from ... ( read original story ...)
Cramer says it’s ‘insane’ and ‘frightening’ that crypto trading is influencing the stock market
CNBC's Jim Cramer said Thursday it's "frightening" to think moves in crypto markets are affecting traditional stocks. ( read original story ...)
Asian shares mixed after retreat on Wall Street
Shares were mixed in Asia on Thursday after benchmarks closed broadly lower on Wall Street in a third day of retreat. The price of Bitcoin and other cryptocurrencies declined further. Stocks rose in ... ( read original story ...)
Athletics-Olympic triple jump champion Taylor injured ahead of Tokyo Games
The American, who won gold at the London 2012 Games and the 2016 Rio de Janeiro Olympics, was injured during a meeting in Ostrava in the Czech Republic on Wednesday, Austrian hurdler Beate Schrott ... ( read original story ...)
This crypto analyst is still bullish on bitcoin’s future amid sell-off
CNBC's "Power Lunch" team discusses crypto markets and their outlook after a steep sell-off and potential moves from the Treasury with Lou Kerner, Quantum Economics' head crypto analyst. ( read original story ...)
The US Treasury wants every crypto transfer larger than $10,000 to be reported to the IRS
"Cryptocurrency already poses a significant detection problem by facilitating illegal activity broadly including tax evasion," the Treasury said. ( read original story ...)
Exclusive: The 27-year-old behind ethereum isn’t surprised by the crypto crash
The crypto crash of the past few days has shocked investors around the world. Vitalik Buterin isn't among them -- even though the meltdown wiped out a huge chunk of his personal wealth. ( read original story ...)
Treasury Calls for Crypto Transfers Over $10,000 to Be Reported to IRS
The U.S. Treasury said the Biden administration’s proposal to strengthen tax compliance includes a requirement for transfers of at least $10,000 of cryptocurrency to be reported to the Internal ... ( read original story ...)
Japan to provide ₱8.78-B loan for PH pandemic response
The assistance will be provided through the Japan International Cooperation Agency (JICA) for the Philippines' pandemic programs like testing and quarantine facility expansion and cash aid. ( read original story ...)
UPDATE 1-Japan health panel approves Moderna, AstraZeneca COVID-19 vaccines
Japanese regulators recommended the approval of COVID-19 vaccines developed by Moderna Inc and AstraZeneca PLC's on Thursday, paving the way for the country to speed up its slow-moving vaccination ... ( read original story ...)
Japan Market rebound modestly on upbeat data
At closing bell, the 225-issue Nikkei Stock Average advanced 53.80 points, or 0.19%, to 28,098.25. The broader Topix index of all First Section issues on the Tokyo Stock Exchange rose 0.68 points, or ... ( read original story ...)
Vitalik Buterin: The 27-year-old behind ethereum isn’t surprised by the crypto crash
The crypto crash of the past few days has shocked investors around the world. Vitalik Buterin isn't among them -- even though the meltdown wiped out a huge chunk of his personal wealth. ( read original story ...)