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Tag: finance

Posted on 27/05/2021

Japan PM adviser steps down after tweets downplaying COVID-19 situation

An outspoken economic adviser to Prime Minister Yoshihide Suga has stepped down after his recent online posts drew fire for downplaying the COVID-19 situation in Japan and ridiculing growing calls for ... ( read original story ...)

Posted on 27/05/2021

PayPal will allow users to withdraw crypto funds into third-party wallets

"We want to give choice to our consumers, something that will let them pay in any way they want to pay," PayPal told CoinDesk. ( read original story ...)

Posted on 27/05/2021

Nikkei to reach 30-year high on economic reopenings

Japanese shares are expected to recover and reach a 30-year peak by the end of year as an acceleration of vaccinations after initial delays helps the economy to reopen, according to respondents in a ... ( read original story ...)

Posted on 27/05/2021

Japan’s corporate service prices creep up as freight costs pinch firms

Japan's corporate service prices rose for the second straight month in April due to a rebound in advertising and freight fees, data showed on Wednesday, a sign the economy was gradually emerging from ... ( read original story ...)

Posted on 27/05/2021

The Biden Administration Took a New Stance on Crypto. Here’s What Investors Should Know

Government agencies are beginning to signal an interest in increased cryptocurrency regulation. Here’s how that may affect your crypto investments. ( read original story ...)

Posted on 27/05/2021

Meme Stocks And Crypto Surge Again As Experts Warn Of ‘Dangerous’ Market Conditions

Risky market pockets—including cryptocurrencies that are fresh off a massive crash—skyrocketed Wednesday morning as the broader market bounced back from the recent inflation-spurred rout, but analysts ... ( read original story ...)

Posted on 27/05/2021

The Week Crypto Crashed — Market Drops $700 Billion After Chinese Crackdown And Elon Musk’s Environmental Worries

The cryptocurrency market shrunk by around 27% this week after Tesla billionaire Elon Musk raised concerns over bitcoin’s environmental impact and China renewed its regulatory crackdown on digital ... ( read original story ...)

Posted on 27/05/2021

Museum of Crypto Art will raise money to support NFT community artists

The Museum of Crypto Art (MOCA) will raise money through sales of cryptocurrency tokens to help cryptocurrency artists. ( read original story ...)

Posted on 27/05/2021

Coronavirus: Yale doctor warns that upcoming Tokyo Olympics ‘looks like a superspreader event’

As the number of COVID-19 cases surge in Japan, preventive medicine specialist Dr. David Katz warns of a potential ‘superspreader event’ given Japan’s high case count and slow vaccine rollout. ( read original story ...)

Posted on 26/05/2021

Top Stories this AM: JP Morgan’s crypto keepers; China goes to war with Fauci; Lindell turned away by GOP

After previously disputing the theory, Fauci now says there needs to be further investigation into whether or not COVID-19 was leaked from a Wuhan lab. ( read original story ...)

Posted on 26/05/2021

China’s crypto crackdown speeds shift to central Asia, North America mining

A crackdown by Beijing is rapidly accelerating a shift in focus by makers of machines that 'mine' cryptocurrencies like bitcoin from China to North America and Central Asia as Chinese clients face an ... ( read original story ...)

Posted on 26/05/2021

Mark Cuban adds Ethereum-based crypto platform Polygon to his investment portfolio

Dallas Mavericks owner Mark Cuban is backing Polygon, a platform designed to scale Ethereum chains and develop the blockchain's infrastructure. ( read original story ...)

Posted on 26/05/2021

Tether’s Disclosures Make The Case For Crypto Specific Accounting Standards

The recent report out of Tether regarding the reserves behind USDT once again highlights the importance – and need – for crypto specific accounting, reporting, and disclosure standards. Stablecoins ... ( read original story ...)

Posted on 26/05/2021

Nvidia Seen Posting Sales Beat on Surging Crypto Mining Demand

Nvidia is seen posting strong sales and earnings when it releases its quarterly earnings amid surging demand for its gaming graphics cards used to mine Ethereum. ( read original story ...)

Posted on 26/05/2021

Indonesian crypto exchange Pintu gets $6M Series A led by Pantera, Intudo and Coinbase Ventures

Along with the stock market, cryptocurrency is also seeing an uptick among retail investors in Indonesia. Pintu, a platform focused on first-time cryptocurrency buyers, announced today it has raised a ... ( read original story ...)

Posted on 26/05/2021

Bitcoin price – live: Crypto market bounces back after Elon Musk proposes ‘green’ mining solution (cloned)

The market rebound at the start of the week has been partly assisted by comments from Elon Musk that he has been in talks with bitcoin miners about renewable energy solutions, as well as news that ... ( read original story ...)

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