Crypto pretty much seems to have lost its allure as far as venture capitalists are concerned. According to new data from Crunchbase, investments into web3 startups declined in the third quarter compared to the second quarter, marking the seventh straight quarter of declines for the sector since crypto venture fundraising peaked in Q4 2021.
Bank of Japan hikes bond buying as benchmark yields hit decade peak
The Bank of Japan announced it’s increasing its bond purchases at Wednesday’s auction, as a spike in government bond yields tests its resolve to defend its yield curve control policy. In a statement ...
Crypto trading in mainland China and Hong Kong drops along with East Asia activity, but adoption continues: report
Cryptocurrency trading volume was down in mainland China, Hong Kong, South Korea and Japan in the year through June, according to Chainalysis Hong Kong's embrace of crypto markets has also 'fostered ...
Crypto bulls celebrate ether-futures ETFs. But they may be detrimental to crypto prices.
Ether-futures-based exchange-traded funds may increase institutional adoption of crypto, but are not necessarily beneficial to crypto prices in the medium term.
SEC continues to delay decisions on crypto ETFs: Law Decoded
When it comes to spot Ether ( ETH) ETFs from VanEck and ARK 21Shares, the SEC delayed making decisions until Dec. 25 and Jan. 10, respectively, while GlobalX will have to wait until Nov. 21 for the commission’s decision. It also delayed deciding on the spot Bitcoin ETF applications of Invesco, Bitwise and Valkyrie until ...
Bitcoin spikes to its highest level in 2 months, leading crypto stocks higher as traders try to kick off 4th quarter rally
The rally to kick off the fourth quarter comes as markets eye the start of Sam Bankman-Fried's criminal trial in New York.
Coinbase stock leaps after crypto exchange wins key license in Singapore
Coinbase, which continues to battle U.S. regulators, won a key endorsement from authorities in Asia's biggest cyrpto hub.
Bank of Japan to Buy More Bonds as Yields Soar to 10-Year High
Japan’s Central Bank announced it will buy 5-to-10-year bonds after sovereign yields surged to the highest level in a decade. The announcement put more pressure on the Japanese yen (JPY), with analysts predicting more weakness if bond-buying operations continue.
Crypto’s Trial of the Century Is Set to Begin
Fried, the founder of the failed crypto exchange FTX, gets his day in court on Tuesday. The trial will shine a harsh glare on the wider sector.
Crypto exchange Coinbase secures Singapore payments licence
By Rae Wee and Elizabeth Howcroft (Reuters) -Cryptocurrency exchange Coinbase has been awarded a full payments licence to operate in Singapore by the city-state's central bank, the U.S.-based company said on Monday.
Is Asia on the Way to Becoming the Next Crypto Hub?
Asia seems to be standing at the forefront of the global cryptocurrency landscape headed to become the next crypto hub. How is this happening?
FTX customers who lost a fortune on the bankrupt exchange are doubling down on crypto
Evan Luthra, an app developer, entrepreneur and angel investor, told CNBC he lost $2 million dollars in the collapse of FTX. Luthra said he knew when FTX filed for bankruptcy in late 2022 that he wouldn't have "access to any of this money for the next few years." He continues to speak at crypto conferences
Short seller Jim Chanos slams Michael Lewis’ defense of FTX and compares the failed crypto exchange to Enron
Lewis told CBS that FTX only failed because of a bank run. "This was literally Enron's defense," Chanos said in response.
Japan’s Nikkei surrenders gains to end lower as rising yields weigh
Japan's Nikkei share average erased earlier gains to end lower on Monday as investors sold stocks amid worries about rising interest rates. The Nikkei index fell 0.31% to close at 31,759.88, after ...
Crypto bosses pouring millions into anti-ageing tech to live longer
Crypto's top CEOs are playing a pivotal role in driving funding for longevity research and anti-ageing technology, a leading scientist has claimed.
Crypto exchange Coinbase obtains Monetary Authority Of Singapore licence
The Singapore arm of cryptocurrency exchange Coinbase said on Monday that it had obtained a Major Payment Institution (MPI) licence from the city-state's central bank.