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Tag: finance

Posted on 06/12/2023

Japanese satellite imagery startup iQPS untraded with glut of bids in Tokyo debut

Japan is pushing to build a homegrown space industry ... The company sold 8.92 million shares after pricing the IPO at the top of its indicated range of 380-390 yen. That doesn't include a greenshoe ...

Posted on 06/12/2023

Japan weighs ending tax on some corporate crypto holdings

TOKYO -- Companies in Japan would no longer have to pay tax on unrealized cryptocurrency gains if they hold on to the digital assets under a proposal being discussed by the country's ruling coalition.

Posted on 06/12/2023

Crypto trading on Robinhood surges 75% amid bitcoin hype while stock activity goes flat

Crypto trading volumes on Robinhood jumped 75% last month, a regulatory filing showed. It's a turnaround from the third quarter, when crypto trading revenues fell 55% on the platf

Posted on 06/12/2023

28 Indian Crypto Service Providers Have Registered With Country’s Anti-Money Laundering Unit

As many as 28 Virtual Digital Assets (VDA) or crypto service providers have registered themselves with India's Financial Intelligence Unit (FIU-IND).

Posted on 06/12/2023

FOREX-Dollar regains ground after sell off; bitcoin breaches $42,000

The dollar ticked higher on Monday, regaining some ground after falling for three straight weeks on bets that the U.S. Federal Reserve will soon be cutting interest rates, while bitcoin breached $42,000 for the first time since early 2022.

Posted on 06/12/2023

Robinhood Crypto Trading Volumes Rose Roughly 75% in November

Crypto trading volumes on Robinhood in November were roughly 75% above October levels in aggregate dollar value, according to early results disclosed by the company Monday. Cryptocurrencies rallied last month,

Posted on 06/12/2023

28 crypto platforms register with FIU-India: MoS Finance in Lok Sabha

As many as 28 crypto exchanges or virtual digital asset service providers have registered with the Financial Intelligence Unit–India. These include CoinX, Unocoin, Bitbns, Zebpay, WazirX, Coinswitch,

Posted on 06/12/2023

‘Crypto Supercycle’ Hype Machine Returns as Bitcoin Price Breaks $43,000

Continued price momentum for crypto's leading asset is driving outlandish optimism in the digital asset space.

Posted on 06/12/2023

Bitcoin Mining Stocks Continue To Move Higher: What’s Going On?

Shares of Bitcoin (CRYPTO: BTC) miners Marathon Digital Holdings Inc (NASDAQ: MARA), Riot Platforms Inc (NASDAQ: RIOT) and&n

Posted on 06/12/2023

Bitcoin’s price dynamics: Unraveling the cryptocurrency’s volatility

Contributor Content Out of all cryptocurrencies, Bitcoin has made the greatest impact, capturing the attention of investors, traders and even the general public. This digital currency, introduced in 2009 by an anonymous entity known as Satoshi Nakamoto,

Posted on 06/12/2023

Coinbase comeback has further to go as retail investors are only starting to rediscover crypto, Needham says

Coinbase shares have even further to climb despite already being up 13% since the start of December and the low appetite for crypto coming from retail investors, according to Needham. Needham raised its price target on Coinbase Tuesday to $160 from $120,

Posted on 06/12/2023

Binance might be peak for U.S. crypto enforcement cases, says CFTC official

Enforcement action against crypto firms may have peaked after last month's $4.3 billion settlement with Binance, as such cases provide companies with a "template" for how they should be governed, a senior U.

Posted on 06/12/2023

Bitcoin Sails Past $41K as Crypto Market Recovers to Pre-Terra Levels

The price of bitcoin [BTC] moved past $41,000 during the Monday business day in Asia, for the first time since April 2022 – prices not seen

Posted on 05/12/2023

Regulators Are Going to Close in on Crypto in 2024. Industry Insiders Couldn’t Care Less

At first blush, the cascade of high profile crypto scandals in 2023 may just bleed into a similarly bleak 2024. "At this point there are very few entities left for the SEC to sue," John Reed Stark, a ...

Posted on 05/12/2023

Tokyo Stocks Slump After Inflation Data Fall Short

Japanese stocks slumped on Tuesday following the release of Tokyo inflation data, which came up short of economists’ expectations. The benchmark Nikkei 225 dropped 1.4% in Tuesday trading, falling alo ...

Posted on 05/12/2023

Inflation in Japan’s capital slows in November

Core consumer inflation in Japan's capital Tokyo, considered a leading indicator of nationwide trends, hit 2.3% in November, slowing from the previous month in a sign of easing cost-push pressure in ...

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