Founded in 2012, Coinbase Global ( COIN -1.07%) is now the second-largest cryptocurrency exchange in the world. The company's April 2021 initial public offering (IPO) is still the largest-ever for the crypto industry. Four years later, Coinbase landed in the S&P 500, becoming the first-ever crypto trading platform to do so.
Metaplanet is Japan’s Most Shorted Stock, Says CEO Amid Global Short Squeeze Speculation
Dubbed as Japan's Strategy, Metaplanet is now Japan’s most shorted stock, says CEO as Bitcoin bulls warn of a global short squeeze.
Bank of Japan’s Rate-Hike Window Narrowing, Ex-Board Member Says
If the Bank of Japan wants to raise interest rates further, it will likely need to do so this year before the window of opportunity closes, a former board member said.
Tokyo stocks end lower as exporter shares sold on firmer yen
Tokyo stocks ended lower Wednesday as some exporter shares were sold on a firmer yen, with investors wary about the currency's furthe ...
Japan’s super-long yields rise to all-time highs on fiscal, auction concerns
By Rocky Swift TOKYO (Reuters) -Yields on long-dated Japanese government bonds rose to new records on Wednesday in the wake of a poor auction result that cast doubt over debt sales looming in the ...
“Betting Against Bitcoin?” Metaplanet CEO Asks Hedge Funds On Stock Short
Bitcoin holding firm Metaplanet stock hit upper circuit in two minutes of stating Wednesday's trading, with analysts calling it still cheap.
Japan farm minister resigns over controversial rice comment
TOKYO (Kyodo) -- Japanese Farm Minister Taku Eto resigned Wednesday after facing a backlash over a remark that struck a nerve with a public suffering from soaring rice prices, dealing a blow to the ...
Japan pension system to invest $500M in a Thoma Bravo fund
Japan’s Government Pension Investment Fund said it’s investing $500 million in a fund managed by US private equity firm Thoma Bravo, as part of its effort to boost alternative assets.
Bank of Japan on hold until tariff and trade outlook becomes clearer
Since our April scenarios, the Bank of Japan held a policy meeting at the start of May, which showed little urgency to raise interest rates from their current level of 0.5 per cent.
Tokyo to waive basic water charge for 4 months to offset rising prices amid summer heat
Tokyo Gov. Yuriko Koike announced May 20 that the basic water charge for all general households in the capital will be waived for four months ...
Japan’s super-long bonds get little relief after record yield surge
By Rocky Swift TOKYO (Reuters) -Long-dated Japanese government bonds saw little relief on Wednesday after a poor auction result sent yields to record levels and as more debt sales loomed in the weeks ...
Tokyo stocks mixed in morning on Wall St. losses, firm bank shares
Tokyo stocks were mixed Wednesday morning, as the market was pressured by selling after Wall Street losses overnight, while bank issu ...
Japan’s Exports to U.S. Fall as Tariffs Start to Bite
Exports to the U.S. dropped 1.8% in April from a year earlier, reflecting weaker demand for Japanese cars and other machinery.
Strive plans discounted Bitcoin play with Mt Gox creditor claims
Strive Enterprises, the asset management firm founded by pro-crypto entrepreneur Vivek Ramaswamy, is planning to buy distressed Bitcoin claims. In a recent filing with the Securities and Exchange ...
Bitcoin futures data aligns with BTC traders’ hope for new all-time highs
Bitcoin (BTC) price has displayed strength at the $102,000 support level on May 19, following the $170 million in liquidations of leveraged positions. The abrupt $5,000 correction after hitting ...
Crypto billionaire Justin Sun says he’s the biggest owner of Trump’s meme coin
Justin Sun — who owns $19 million worth of President Trump's meme coin — will attend a dinner with the president, after regulators paused a Biden-era lawsuit against Sun.