Cryptocurrencies including Bitcoin and Ethereum have racked up huge losses this week, yet some crypto experts say such volatility is normal and to be expected from such a speculative asset class that ... ( read original story ...)
Why the FEC Is Kneecapping Crypto Campaign Donations
Cryptocurrency markets have plunged this week, wiping out recent astronomical gains for denominations across the board. Bitcoin and Ethereum have led the pack, posting their largest losses in 14 ... ( read original story ...)
Nikkei closes higher; Japan shares inch up as chip gains offset losses in cyclicals
The Nikkei share average rose 0.19 per cent to close at 28,098.25, after losing as much as 0.80 per cent earlier in the session, while the broader Topix edged up 0.04 per cent to 1,895.92. ( read original story ...)
Nikkei 225 index pressured as foreigners dump Japan stocks
The Nikkei 225 index is up by more than 0.30% as Asian stocks attempt to recover after yesterday’s sell-off. The index is also reacting to the relatively strong economic data from Japan. It is trading ... ( read original story ...)
Tokyo stocks close higher with eyes on vaccine news
Tokyo stocks closed higher on Thursday after mixed trade, with investor eyes on expected approval of Covid-19 vaccines in Japan.The benchmark Nikkei 225 index rose 0. ( read original story ...)
Japan posted a trade surplus of $ 2.34 billion in April
Japan registered a trade surplus of 255.3 billion yen ($ 2.34 billion) in April, which is the third consecutive month in positive terms, the government reported Thursday. The positive balance is less ... ( read original story ...)
The crypto collapse: Here’s what’s behind bitcoin’s sudden drop
How Elon Musk, China and institutional investors could all be putting pressure on the price of cryptocurrencies. ( read original story ...)
As bitcoin and dogecoin plummet, college students and graduates insist they’re going long on crypto
That’s because more than 60% of them see crypto as a long-term investment, and some 24% have an appetite for “moderately aggressive” risk, according to a survey of more than 500 college students and ... ( read original story ...)
Why is crypto crashing? Will bitcoin prices ever recover? Here’s what traders and investors say
Bitcoin sold off sharply Wednesday. The slump represented an acceleration of a downtrend in the world's No. 1 crypto that had begun over the past 10 days ... ( read original story ...)
Stocks fall in third day of downturn; Bitcoin drops 10.5%
Stocks fell broadly in afternoon trading Wednesday as the market's downturn entered a third day. Meanwhile the price of Bitcoin and other cryptocurrencies dropped sharply. ( read original story ...)
Crypto Billionaires Have Lost $15.5 Billion In Nine Days Amid Crash
Fried, the 29-year-old founder of quantitative crypto trading firm Alameda Research. A former Wall Street trader, Bankman-Fried was worth $16.7 billion at Bitcoin’s peak on May 10, but is now down to ... ( read original story ...)
Jim Cramer bets stocks will gain from the collapse in crypto, speculative assets
"We need to accept the beatdown in speculative assets for the greater good of the entire stock market," the "Mad Money" host said. ( read original story ...)
Crypto strategist sees pullback in bitcoin and ether as a healthy sign after massive rallies
There "still was a lot of leverage, so this correction we've seen is healthy. A pullback is normal in crypto," Meltem Demirors told CNBC Wednesday. ( read original story ...)
Crypto Investors Fume as World’s Biggest Platforms Are Disrupted
The world’s biggest crypto-trading platforms were hit by disruptions as digital currencies from Bitcoin to Ethereum slid in a collapse that wiped out billions of dollars in market value. ( read original story ...)
Why China crypto crackdown sparked a bitcoin crash — and could feed a backlash
China's move to restrict crypto activity may have helped spark a broad selloff for digital assets. But the move, which appears aimed at bolstering ... ( read original story ...)
Bitcoin falls further as China cracks down on crypto-currencies
It follows falls in Bitcoin of more than 10% last week after Tesla said it would no longer accept the currency. On Wednesday afternoon, Bitcoin recovered some ground, although it was still down -10.4% ... ( read original story ...)