And he reckons Coinbase, the crypto currency platform joining Nasdaq this afternoon, will leap to be more valuable than Goldman Sachs. Is he right? Probably. Many fortunes in the City have been missed ... ( read original story ...)
Crypto market overtakes world’s most valuable company
The cryptocurrency market is now worth more than the world’s most valuable company. The combined value of all cryptocurrencies overtook the market cap of Apple on Wednesday morning, amid ... ( read original story ...)
What Time Will Coinbase Start Trading? Where To Buy Stock As Crypto Exchange Goes Public
Coinbase shares will be listed publicly on the Nasdaq exchange under the ticker COIN, and available to purchase via trading apps including Robinhood and WeBull. ( read original story ...)
Crypto Miners Are Competing With Gamers for Nvidia Chips
Nvidia Corp. is on a winning streak. The red-hot maker of graphics chips used for video games, artificial intelligence and cloud computing surpassed Intel Corp. last year to become the most valuable U ... ( read original story ...)
Controversial Toshiba CEO steps down, shares jump on bidding war expectations
Toshiba Corp CEO Nobuaki Kurumatani resigned on Wednesday amid controversy over a $20 billion buyout bid from CVC Capital Partners and the conglomerate’s shares surged on reports that KKR & Co and ... ( read original story ...)
Coinbase’s blockbuster debut is a ‘watershed’ for crypto — but there are risks ahead
But there are a number of risks ahead, such as wild volatility in crypto prices and the potential for stricter regulations. Early Coinbase investor Garry Tan said the market was still in its infancy ... ( read original story ...)
Coinbase CEO to Take Crypto Exchange Public After Bringing Bitcoin to Masses
Brian Armstrong, who is working to make bitcoin as accessible to the public as email, foresaw a trillion-dollar revolution. ( read original story ...)
First North American bitcoin ETF soars past $1 billion under management as interest in crypto booms
The first bitcoin ETF in North America has soared past $1 billion in assets under management after just two months in operation, as the crypto boom sends potential buyers piling into the innovative ... ( read original story ...)
Japan Nikkei falls 0.44%
At closing bell, the 225-issue Nikkei Stock Average declined 130.62 points, or 0.44%, to 29,620.99. The broader Topix index of all First Section issues on the Tokyo Stock Exchange dropped 6.37 points, ... ( read original story ...)
Japan stocks lower at close of trade; Nikkei 225 down 0.44%
Investing.com – Japan stocks were lower after the close on Wednesday, as losses in the Paper & Pulp, Railway & Bus and Real Estate sectors led shares lower. At the close in Tokyo, the Nikkei 225 ... ( read original story ...)
Treasury Traders Seek Moment of Truth From Japan’s Lifers
As Japan’s life insurers lay out their annual strategies this month, traders will be looking for the answer to one question -- what do some of the world’s biggest investors plan to do about Treasuries ... ( read original story ...)
Japan Official: Fukushima Plant Water OK To Drink
Japan's Minister of Finance Taro Aso said on Tuesday that he heard that treated radioactive water stored in Fukushima Daiichi nuclear plant is "OK to drink." His remark comes after the country's ... ( read original story ...)
Coinbase listing marks latest step in crypto’s march to the mainstream
Still, some institutional investors voiced caution over long-term prospects for Coinbase and the crypto sector. Swiss asset manager Unigestion said it was wary of the hype around cryptocurrencies, and ... ( read original story ...)
UPDATE 1-With 100 days to go, Tokyo scrambles to stage pandemic Olympics
TOKYO, April 14 (Reuters) - When Japan won the bid to host the Olympic Games eight years ago, it billed Tokyo as a reliable and secure location, contrasting it with rivals struggling with finances and ... ( read original story ...)
Bitcoin has allowed a different kind of investor to build wealth, says crypto strategist
"Bitcoin has created a lot of wealth for people who weren't part of the traditional financial system, weren't money managers," longtime crypto bull Meltem Demirors told CNBC on Tuesday. The comments ... ( read original story ...)
Coinbase Will Not Be Able to Escape ‘Crypto Winters’: Gil Luria
"Bloomberg Markets" is focused on bringing you the most important global business and breaking markets news and information as it happens. The David Rubenstein Show: Peer-to-Peer Conversations" ... ( read original story ...)