The governor of India's central bank has warned the highly-volatile crypto market will cause the world's next financial ...
The Download: worst tech of 2022, and crypto’s future
We're back with our latest list of the worst technologies of the year. Think of these as anti-breakthroughs, the sort of mishaps, misuses, miscues, and bad ideas that lead to technology failure. One ...
Who Lost the Least? Top Performing Crypto Assets of 2022
Bitcoin’s heavy price depreciation over the year was reflective of a general trend. Still, a few tokens weathered the industry storm well.
Mooners & Shakers: Visa eyes auto-payments of bills through crypto wallets; market ticks up
While the trad markets are in a tizz about a shock policy shift from the Bank of Japan, crypto assets quietly ticked up a fraction or two overnight.
Inside Tether, Crypto’s (So Far) Unbreakable Buck
Amid crypto’s existential crisis, its largest liquidity provider, Tether, has withstood multiple multi-billion dollar redemption runs. Will competition from rival stablecoins like USDC and regulatory ...
Crypto will ignite the next financial crisis if it’s not banned — just look at the FTX fiasco, India’s central bank boss says
"Mark my words, the next financial crisis will come from private cryptocurrencies," top G20 central banker Shaktikanta Das said Wednesday.
Crypto Giant Binance Offers Little Transparency After FTX Collapse
The exchange’s outsize role and complex setup had already drawn scrutiny from the Justice Department and the SEC.
What’s in Elizabeth Warren’s new crypto bill?
When Warren eventually took her seat at the hearing, her remarks were not about FTX, but instead the focus of her bill: the ways that crypto facilitates global crime. “Crypto has become the preferred ...
Tesla stock fall sinks crypto token dogecoin
Dogecoin's price plummeted on Wednesday, its value closely aligned with the fate of Tesla boss Elon Musk. Throughout November, dogecoin exhibited a price pump after Musk acquired ...
Japanese bonds sustain fresh blow in test of central bank’s low-rate resolve
Japanese government bond prices have lurched lower for the second straight day as markets forcefully challenged the central bank’s assertion that it was not planning to raise interest rates. Yields on ...
Japanese Central Bank Rate Jolt Lowers Tokyo Shares Again
The Nikkei 225 opened lower Wednesday and could not recover, finishing down 0.7% as traders continued to digest the Bank of Japan's surprise Tuesday decision to let a benchmark interest rate rise to 0 ...
Why Japan’s shock policy shift didn’t ‘freak out’ US markets: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe. Wednesday,1, 2022 ...
Bitcoin, Ethereum Trade In Green After Surprise Announcement From Bank Of Japan
The Bank of Japan on Tuesday announced that it is adjusting its yield curve control policy by expanding the trading on its 10-year yield target 0.23% to 0.50%, a decision expected to have major ...
Nikkei hits new 2-month low as Bank of Japan decision boosts yen
Japan's Nikkei index fell to a fresh two-month low Wednesday, hit by the yen's surge against the U.S dollar a day after the Bank of J ...
Japanese bond yields continue to rise after Bank of Japan bombshell
The yen moderated and Japanese government bond yields rose on Wednesday, one day after the country’s central bank stunned traders by expanding its target range for 10-year bond yields. The yield on ...
The Bank of Japan was just playing catch-up with the market, UBP says
Zuhair Khan of UBP discusses the central bank's decision to tweak its yield curve control policy. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC ...