Do Kwon was one of crypto’s biggest magical thinkers. His epoch-defining idea was Terraform Labs, a company that at one point commanded $60 billion in two related cryptocurrencies that would have made sense only during the anything-goes post-pandemic crypto bubble.
Japan’s Sompo Holdings Is Selling Palantir (PLTR) Stock
The two companies launched a joint venture in 2019 to provide services to the Japanese government and commercial clients. In 2020, Sompo invested $500 million into the company before its initial ...
GLOBAL MARKETS-Yen roars, bonds flinch as Japan teases rates shift
The Nikkei's sharpest drop since late October had ensured Asian stocks finished lower while the FTSE 100, DAX, CAC 40 and S&P 500 futures were all around 0.3% weaker in early European trading. Bank of ...
Change In Yield Control In Japan Will Impact U.S. Stock Market, Dimon Wants To Shut Down Crypto
The chart shows a break away move in yen overnight on speculation that BOJ is about to abandon yield control. The speculation was triggered by BOJ Governor Ueda indicating that the policy would ...
Binance withdraws Abu Dhabi licence bid as crypto giant weighs structure
Binance has withdrawn an application for an Abu Dhabi licence, the latest sign that the giant crypto exchange is reassessing its global structure as regulatory pressures mount.
Michael Novogratz says Jamie Dimon is wrong on bitcoin as it outperforms JPMorgan’s stock
Galaxy Digital CEO Mike Novogratz is trying to poke holes in JPMorgan CEO Jamie Dimon 's arguments against bitcoin . Dimon, a longtime critic of bitcoin, lashed out against it again this week on ...
Bitcoin Bull Run Squeezes Short Sellers, Draining $2.6B; SpaceX In Talks For Insider Share Sale At $175B Valuation – Top Headlines Today While US Was Sleeping
Trending: Bill Gates Makes $10.95 Million Per Day — More Than 4 Times What The Average Person Earns In A Lifetime. Must Read: Japan Digital Bond Market Sees Largest Digital Green Bonds Sale, $68M By ...
Wall Street Futures Steady, Big Tech Advances On AI, Yen Roars, Bitcoin Drops 1% Following Jamie Dimon’s Concerns
Meanwhile, the Japanese yen has made a remarkable rally ... benefiting from the diminishing strength of the U.S. dollar. Bitcoin (CRYPTO: BTC) has experienced a decline of more than 1%, following a ...
Robinhood expands crypto trading to more-regulated European Union
Robinhood Markets on Thursday launched crypto trading for customers in the European Union, expanding into a market with greater regulatory clarity at a time when crypto firms are facing intense ...
JPMorgan CEO Trying to Crash Bitcoin Price? Crypto Shutdown
Jamie Dimon derided crypto before a U.S. Senate committee, failing to mention his firm’s own history of blockchain investment.
Bitcoin Aims For $50,000 Amid Crypto Bull Run Surge, While Bitcoin Minetrix’s BTC Cloud Mining Token Soars To $5M
Running on Ethereum, Bitcoin Minetrix rewards stakers of its native $BTCMTX token with cloud mining credits. Doing so opens up a passive income stream offering a percentage of the mining revenue based ...
Robinhood launches E.U. crypto-trading app in renewed push for global expansion
Robinhood Markets on Thursday launched a new commission-free crypto trading app for customers in the European Union as it makes a renewed push to expand its business outside the U.S. The E.U. launch ...
Japanese stocks fall, yen jumps on bets BoJ may end negative rate policy
ASIA MARKETS Japanese stocks fell and the yen rose Thursday after comments from Bank of Japan officials helped stir expectations the country could exit its decades-long negative interest-rate policy.
Treasury yields rise as traders boost bets Bank of Japan will soon scrap its negative rate policy
BOND REPORT Bond yields rose on Thursday amid concerns the Bank of Japan will soon tighten monetary policy and traders eyed more U.S. jobs data. What’s happening The yield on the 2-year Treasury added ...
Signs of Bank of Japan Pivot Slam Tokyo Stocks, Treasuries, and the Dollar Alike
Signs that the Bank of Japan may soon make a major monetary policy pivot have slammed Japanese stocks, Treasuries, and the U.S. dollar alike. Bank of Japan Deputy Governor Ryozo Himino on Wednesday hi ...
Will a fiscal mess thwart Japan’s nascent economic growth?
Kishida Fumio, Japan’s prime minister, plans to splurge. Defence spending is set to double as a share of gdp by 2027. As the population ages, welfare payments will grow. On November 29th parliament ...