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 ...)
Key questions in the Moritomo Gakuen scandal still unanswered
The site in Toyonaka, Osaka Prefecture, where Moritomo Gakuen had planned to open a private elementary school. (Toyokazu Kosugi) Four years after The Asahi Shimbun first uncovered a questionable sale ... ( read original story ...)
Japan Finance Minister Aso wants G-7 to focus on digital currency at finance talks Fri.
Japanese Finance Minister Taro Aso said Tuesday he wants finance chiefs from the Group of Seven industrialized economies to have in-d ... ( read original story ...)
Breakingviews – Musk’s next disruption: accounting for crypto
Elon Musk is never shy of creating a bit more disruption. The entrepreneur’s $808 billion electric-car company, Tesla, said on Monday that it has put $1.5 billion into bitcoin and may soon accept the ... ( read original story ...)
Japan wants G7 finance chiefs to ‘thrash out’ digital currency policy at talks as China trials continue
G7 nations have been cautious about China’s lead in issuing a digital currency, as it could threaten the long-standing international position of their conventional currencies. ( read original story ...)
Tokyo stocks open higher on hopes for vaccines, stimulus
TOKYO: Tokyo stocks opened higher on Tuesday, tracking Wall Street gains on hopes for additional stimulus and as Japan prepared to start its coronavirus vaccination campaign. The benchmark Nikkei 225 ... ( read original story ...)
Crypto Commentary + Summary: Notable Stories
I joined the Clubhouse app--my username is @altcoin--and I found many discussion rooms to be compelling and informative. Some were more sophisticated than others. ( read original story ...)
Tokyo’s Nikkei share average opens up 0.16 pct
Japan's benchmark Nikkei average opened up 0.16 percent at 29,435.61 on Tuesday, while the broader Topix gained 0.13 percent at 1,926.54. TOKYO, Feb 9 (Reuters) - Japan's benchmark Nikkei average The ... ( read original story ...)
Japanese shares hit fresh 30-year high
TOKYO: Japanese shares surged on Monday, with both Nikkei and Topix hitting 30-year highs, as strong corporate earnings lifted investor confidence for an economic recovery from pandemic lows. The ... ( read original story ...)
Japan’s Topix Surges to Highest in 30 Years as SoftBank Gains
Japanese stocks gained, with the Topix reaching its highest level in 30 years, amid rising hopes for U.S. stimulus and reports that the government may lift its state of emergency early for some areas. ( read original story ...)
Japan finance minister: G7 focus on emerging market debt, digital taxation and digital currency
The Group of Seven (G7) financial leaders would kick off debate on Friday on emerging market debt problems, implementation of digital taxation and central bank digital currency, Japanese Finance ... ( read original story ...)