Japan's central bank kept its ultra-low interest rates on hold, going against other policymakers around the world who have been hiking rates to tackle soaring inflation. The Bank of Japan (BoJ ... ( read original story ...)
Sure, Crypto Is Crashing, but Everything Is Perfectly Fine
Cryptocurrencies are behaving exactly like the rest of the stock market, but the faithful say that's no reason to jump ship. ( read original story ...)
Another crypto lending platform is freezing withdrawals as the industry’s downward spiral continues
Babel Finance will temporarily stop allowing users to take out their crypto holdings, the second lending firm to do so this week behind Celsius. ( read original story ...)
The crypto industry has had a terrible week. Here’s what local experts have to say.
While the crypto market has been tanking, wiping out billions of dollars in wealth and causing tech and business leaders to question the industry’s future, major crypto players have remained ... ( read original story ...)
The Bank of Japan Declines to Follow the Fed. The Yen Is Getting Hammered.
The Bank of Japan decided not to follow the global trend of raising interest rates at its latest policy decision Friday. The central bank kept its key rate at -0.1% and its target for the yield on the ... ( read original story ...)
The crash in crypto prices may be good news for at least one interest group: Gamers
GPU prices are falling as crypto miners dump their now unprofitable rigs. That's good news for gamers hoping to upgrade. ( read original story ...)
Billionaire Mark Cuban Doesn’t Mince Words About Crypto
As the crypto market tumbles, little is heard from crypto evangelists. While not strictly speaking an evangelist, billionaire Mark Cuban has invested in the industry. He believes ... ( read original story ...)
After a Crazy Week in Crypto, Investors Wonder What’s Next
Crypto prices tumbled and companies announced layoffs. “It sucks right now,” said one executive. ( read original story ...)
Japan’s Nikkei posts biggest weekly loss in 2 years after BOJ decision
"The Nikkei eased declines after the Bank of Japan kept its monetary policy unchanged, which meant that the yen's weakness would continue and that is positive to Japanese companies," said Shogo ... ( read original story ...)
Japan shares lower at close of trade; Nikkei 225 down 1.77%
Japan equities were lower at the close on Friday, as losses in the Power, Chemical and Warehousing sectors propelled shares lower. At the close in Tokyo, the Nikkei 225 declined 1.77% to hit a new ... ( read original story ...)
Helixtap Technologies Announces information-sharing initiative with the Osaka Exchange to deliver data and research on global rubber markets
Helixtap Technologies, the pioneers of groundbreaking, AI-driven price and market intelligence for the rubber industry, today announces the first collaboration for sharing insightful data and news ... ( read original story ...)
As Black Swans Loom, Can Japan’s Bonds Defy Doom?
TOKYO – Bank of Japan Governor Haruhiko Kuroda isn't known for his juggling or acrobatic skills. Yet keeping Asia's No. 2 economy aloft is requir ... ( read original story ...)
Bitcoin Evangelists Musk, Saylor and Winklevoss React to Crypto Crash
The cryptocurrency market has collapsed by nearly $2.7 trillion since November, weakening the position of evangelists. ( read original story ...)
Bitcoin news – live: BTC sinks further towards $20K mark, crypto market slips below $900M
After increasing in value slightly on Thursday, bitcoin has sunk further by about 7 per cent in the last 24 hours, and has sunk below $21,000, with the overall crypto market dipping below the $900 mn ... ( read original story ...)
UPDATE 1-Nikkei faces biggest weekly loss in more than 2 years; BOJ keeps policy
Japan's Nikkei braced on Friday for its biggest weekly drop in more than two years, even as the Bank of Japan maintained its massive stimulus. The Bank of Japan maintained ultra-low interest rates on ... ( read original story ...)
Japan names budget chief Chatani as top finance bureaucrat
Chatani, 58, will succeed Koji Yano as vice finance minister, the top bureaucratic post at Japan's most powerful ministry, taking effect next Friday, the Finance Ministry said. Masato Kanda, 57, ... ( read original story ...)