The initial public offering (IPO) of India's largest insurance company LIC is likely after October this year, a top official said on Tuesday laying out the government's divestment calendar that ... ( read original story ...)
Wall Street Stays on Crypto Sidelines as Tesla Boosts Bitcoin
Tesla Inc.’s $1.5 billion Bitcoin purchase this week sent the cryptocurrency soaring to a record, with many of its most vocal adherents feeling validated in their “to the moon” predictions. For the ... ( read original story ...)
Who Owns The Stock Exchanges?
More recently, exchanges have bought out their members and offered shares to the public instead via IPO. Today ... By contrast, the smaller Osaka Stock Exchange is publicly-traded, which perhaps ... ( read original story ...)
Japan’s Finance Minister Calls on G7 to Discuss CBDCs at Talks Friday
Japan’s finance minister, Taro Aso, suggested on Tuesday the G7 finance ministers should have discussions over central bank digital currencies (CBDC) during Friday’s virtual meeting. The views and ... ( read original story ...)
Bitcoin Beats Gold But Doge Beats Everything As Crypto Takes Over
Away from the memecoins and celebrity endorsements there is a greater show unfolding as a generation forsakes traditional investments for digital analogs: collectibles, cryptocurrencies, and synthetic ... ( read original story ...)
A crypto ‘fear and greed’ indicator is flashing a warning signal that shows investors are being extremely greedy as top cryptocurrencies hit record highs
The tool measures two primary emotions that influence how much investors are likely to purchase cryptocurrencies: fear and greed. ( read original story ...)
This under-the-radar banking stock may ride the crypto wave, JPMorgan says
Amid the surge in bitcoin prices, one bank is positioned to ride the crypto wave given its exposure to digital assets, according to JPMorgan. Got a confidential news tip? We want to hear from you. ( read original story ...)
Asia-focused SPAC Ace Global Business Acquisition files for a $40 million IPO
Ace Global Business Acquisition, a blank check company targeting gaming and e-commerce in China, Japan, and Southeast Asia ... SPAC Ace Global Business Acquisition files for a $40 million IPO ... ( read original story ...)
Bitcoin Bulls Have Won—What’s Next For Crypto And The Bitcoin Price?
With Tesla putting bitcoin on the map for many of the world's biggest companies, crypto analysts and bitcoin experts are looking at what's next for the surging bitcoin price and the cryptocurrency ... ( read original story ...)
Elon’s Big Bitcoin Bet: What Does Tesla’s BTC Purchase Mean for Crypto?
After all, amidst one of Elon’s crypto tweet sprees, he got into a discussion with crypto investor Michael Saylor about converting Tesla’s balance sheet into BTC holdings. Still, for many, Elon’s ... ( read original story ...)
A Brief History of Elon Musk’s Devotion to the Crypto Cause
Bitcoin surged to a record on Tuesday above $48,000 after Tesla Inc. announced a $1.5 billion investment. That capped Elon Musk’s years-long flirtation with cryptocurrencies, which has mostly played ... ( read original story ...)
Elon Musk’s effect on crypto world shows how irrational markets are
Elon Musk is the world’s greatest gift to cryptocurrencies. These “coins”— really little more than lines of code — still have few real-life use cases. They are handy for laundering money and buying ... ( read original story ...)
Here’s what 6 crypto experts said about Tesla’s $1.5 billion bitcoin investment
Analysts said that while Elon Musk may already be late to the crypto party, they think this is one of many investments he will make. ( read original story ...)
Tokyo’s Nikkei index hits new 30-year high
Japans benchmark Nikkei index climbed to a new 30-year high TuesdayAnalysts said hopes for further US economic stimulus and the positiv ... ( read original story ...)
Nikkei Group names Okada as chair
Naotoshi Okada will become the new chair and chief executive of the Nikkei Group as the 144-year-old Japanese media company, owner of the Financial Times, wrestles with the downturn brought by ... ( read original story ...)
Japanese shares end higher after scaling 30-year highs
The Nikkei share average ended 0.4 per cent higher at 29,505.93, while the broader Topix index inched up 0.08 per cent to 1,925.54. ( read original story ...)