Despite the growth in bitcoin and other cryptoassets, the entire crypto market is still dwarfed by the global U.S. dollar market. No matter what metric is used, the fact is that crypto criminal ...
Crypto’s Richest Man Is Waiting Out the Chaos
Changpeng Zhao, the CEO of Binance, has always avoided the spotlight. But after Sam Bankman-Fried’s extraordinary fall, all eyes are on crypto's mysterious kingpin ...
Congress Introduces A Game-Changing Crypto Bill Amid $350 Billion Bitcoin, Ethereum, BNB And XRP Price Pump
U.S. lawmakers have proposed a "functional framework" aimed at providing regulatory clarity for bitcoin and crypto companies in the ...
Who Got Richer And Poorer This Week: Elon Musk Narrows Lead Held By World’s Richest Person, SoftBank Surges On Chip Designer IPO Hype
Tesla CEO and world’s second-richest person Elon Musk also visited China for the first time in years, where he spoke with officials and business leaders. Tesla opened one of its largest factories in ...
Crypto bill from Republicans lays out clear roles for SEC and CFTC
The bill proposes a clearer pathway for the registered offer and sale of digital assets. The SEC has based several enforcement actions against American crypto entities, including Gemini, Genesis, and ...
Naomi Osaka and Cordae reveal “a little princess is on the way”
Congratulations are in order for Naomi Osaka and Cordae! Today (June 2), the soon-to-be parents shared the news via social media that they have a little girl on the way! Osaka kept it short and sweet ...
Japan, S Korea finance ministers to hold next meeting on June 29
Japanese Finance Minister Shunichi Suzuki and South Korean Finance Minister Choo Kyung-ho will meet on June 29 in Tokyo for the next bilateral meeting, almost two months after the first talk between ...
Crypto Now Braced For A ‘Powder Keg’ That Could Play Havoc With The Price Of Bitcoin And Ethereum
Bitcoin, ethereum and crypto prices have been trading sideways for months (though the CEO of one major crpyto company thinks that could be about to change).
Japan’s Nikkei closes at 32-year high as US default fears ease
Japanese stocks rose on Friday, with the benchmark Nikkei index closing at a three-decade high, after U.S. lawmakers voted to raise the debt limit and on signs central bankers are in no hurry to ...
Japan’s govt will vow to end deflation with bold monetary, flexible fiscal policy -draft
Japan's government will pledge to pull the economy out of deflation through bold monetary policy, flexible fiscal policy and a growth strategy, according to a draft outline of its long-term economic ...
Yuan stablecoin team arrested, WeChat’s new Bitcoin prices, HK crypto rules: Asia Express
Chinese RMB stablecoin issuer's Shanghai office reportedly deserted after police raid, and WeChat offers Bitcoin prices — but for how long?
SoftBank shares swept up in AI chip frenzy ahead of Arm IPO
SoftBank Group Corp shares jumped 5% in early Friday trade as the technology investor - which is preparing an initial public offering of chip designer Arm - was caught up in a frenzy for semiconductor ...
Japan Monetary Base Declines 1.1% On Year In May
(RTTNews) - The monetary base in Japan was down 1.1 percent on year in May, the Bank of Japan said on Friday - coming in at 672.732 trillion yen. That beat expectations for a decline of 1.4 percent ...
Monthly crypto exchange volume tumbled in May, hitting 32-month low
Cryptocurrency monthly exchange volume fell over 27% from $604.88 billion in April to $439.42 billion in May, signaling weak investor demand.
Hong Kong’s Crypto Ambitions Rest on a Lot of ‘Ifs’
In this edition of the Bloomberg Crypto newsletter, Suvashree Ghosh finds the devil is in the details of Hong Kong’s new crypto rulebook: ...
Bank of Japan’s Ueda says era of low global interest rates may be over
Global central banks may already be facing a new economic environment where inflation and interest rates will no longer revert to the low levels of the past, Bank of Japan (BOJ) Governor Kazuo Ueda ...