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Tag: finance

Posted on 30/04/2024

Japan Govt to Respond Firmly to Excessive FX Movements, Top Currency Official Says

Japan’s top currency official said it was the government’s job to respond firmly to excessive movements in the currency market driven by speculators because these movements exerted a negative effect ...

Posted on 30/04/2024

DOJ wants to send ‘strong message’ with sentencing for Binance founder

A sentencing recommendation for Binance crypto exchange founder Changpeng “CZ” Zhao following financial crimes includes years in prison.

Posted on 30/04/2024

Sign of intervention? Japan’s yen jumps against dollar

The yen jumped against the dollar on Monday, with traders citing yen-buying intervention by Japanese authorities as a trigger for the bounce in a currency languishing at levels last seen over three decades ago.

Posted on 30/04/2024

New bill would grant regulatory power over crypto mining to three North Carolina counties

A new bill in the North Carolina legislature would allow Henderson, Polk, and Rutherford Counties to prohibit or regulate crypto mining. Republican Sen. Tim Moffit, who represents the three counties,

Posted on 30/04/2024

Yen Traders See Uphill Battle for Japan to Halt Currency’s Slide

Currency traders warned Japan’s government that it will need to repeatedly act to buoy the beleaguered yen given economic forces likely merit further depreciation.

Posted on 30/04/2024

Japan’s Debt Dilemma May Doom Any FX Intervention, Brooks Says

To Robin Brooks, the former chief currency strategist at Goldman Sachs Group Inc., Japan’s massive government debt — for now at least — is likely to doom any efforts to prop up the yen.

Posted on 30/04/2024

Crypto Investment Products Saw Outflows for a Third Consecutive Week

Interest in digital assets continues to wane, with crypto investment products seeing outflows for a third consecutive week.

Posted on 30/04/2024

Bank of Japan Intervention: What to Know as Yen Crisis Starts to Force Panic

A weakening yen has finally triggered Bank of Japan intervention. Here is what could happen next -- be warned. More From InvestorPlace The #1 AI Investment Might Be This Company You’ve Never Heard Of ...

Posted on 30/04/2024

Japan’s currency falls to its weakest since 1990 against the dollar as the yen keeps yelping

The value of Japan's currency has tumbled so much that for a moment on Monday it took 160 yen to equal $1. A few years ago, it took closer to 100 yen to make a U.S. dollar. The yen has been so weak ...

Posted on 30/04/2024

Ono Pharmaceutical acquires cancer-focused biopharma Deciphera for $2.4bn

Ono will gain access to Deciphera’s kinase inhibitor pipeline, which includes the CSF-1 inhibitor vimseltinib and ULK inhibitor DCC-3116.

Posted on 30/04/2024

Japan will struggle to rescue its plummeting currency

In early trading, as Asian markets opened on April 29th, the currency plummeted to a 34-year low of 160 to the dollar, adding to its hefty fall against the greenback over the past three years (see ...

Posted on 30/04/2024

Home Crash Course Coins Companies Regulators NFTs & Culture

Eminem is narrating a new Crypto.com commercial. Are celebrity ambassadors prepared to put 2022 behind them?

Posted on 30/04/2024

Mining CEO shares theories on the identities behind major anonymous crypto transactions

Major investors and even nations can drive significant shifts in the cryptocurrency market with massive single transactions.

Posted on 30/04/2024

Crypto company Tether invests $200 mln in brain-chip maker Blackrock Neurotech

Crypto company Tether has invested $200 million in Blackrock Neurotech, taking a majority stake in the U.S. brain implant company, Tether said in a statement on Monday.

Posted on 30/04/2024

US Lawmakers press Biden administration on use of crypto to evade sanctions

Two lawmakers are pressing the Biden administration on the use of cryptocurrency to evade sanctions in Russia, Iran and North Korea, asking officials what additional authorities might be needed to ...

Posted on 30/04/2024

$3.8 billion trend a ‘risky casino,’ Andreessen Horowitz crypto CTO warns

An executive with a16z crypto warned that several notable projects are a "net negative" to the market and further adoption.

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