Gil Luria, D.A. Davidson analyst, has given Coinbase its first buy rating. The analyst writes the cryptocurrency industry is going to have its "Amazon moment" with the upcoming direct listing of ... ( read original story ...)
Japan’s Fast Retailing to cut prices by around 9%
Retail group Fast Retailing said on Thursday it was slashing prices by around 9% at its Uniqlo and GU stores in Japan, saying it recognised that many customers were experiencing "unprecedented ... ( read original story ...)
Currency Traders Favoring Long Positions Over Short in Crypto by 70%-30%, Report Says
The IG Client Sentiment Report said 70.78% of traders held long positions while 29.22% were short. A long position is a bet on future price appreciation while those going short see a price decline. ( read original story ...)
Crypto Conversation: Elon Musk’s Bark About Dogecoin Has Some Bite
Get Report boss Elon Musk recently tweeted that Dogecoin’s issue is that it is too concentrated. Not long after, the Wall Street Journal reported that one address owns more than a quarter of all $DOGE ... ( read original story ...)
78% of institutional investors are not planning on investing in cryptocurrencies, though a majority say crypto is ‘here to stay,’ JPMorgan survey finds
78% of institutional investors who don't already trade cryptocurrencies said it's unlikely their firm will ever partake, according to a new JPMorgan survey. ( read original story ...)
Amazon (AMZN) Boosts Asia-Pacific Reach With New AWS Region
The second region in Japan is in sync with Amazon’s growing efforts toward expanding AWS in the Asia Pacific. Notably, the new Osaka Region and its three availability zones will be an addition to the ... ( read original story ...)
PayPal is in early-stage talks to buy crypto asset security firm Curv for half a billion, reports say
Founded in 2018, the US-Israeli firm is based in New York and has research and development offices in Tel Aviv. ( read original story ...)
Tokyo 2020 organisers to decide this month if overseas fans can attend Games
A decision will be taken on whether overseas spectators will be able to attend the Tokyo Olympic and Paralympic Games at the end of the month, the organising committee president said. Seiko ... ( read original story ...)
Spectators from Abroad Reportedly May Not Be Permitted to Attend Upcoming Summer Olympics in Tokyo
IOC President Thomas Bach said the event's "competitions" have "to be the clear focus" for the Olympics to unfold safely this July ... ( read original story ...)
PayPal is Reportedly Making a Crypto Acquisition
PayPal is in talks to acquire Curv, an Israeli startup that specializes in cryptocurrency storage methods, according to multiple news reports citing unnamed ... ( read original story ...)
Twin sisters score Japan’s hottest IPO by making mobile games for women
To the growing list of things that make gaming startup Coly Inc. unusual, it can add one of the best market debuts in recent Japanese history. ( read original story ...)
UPDATE 2-Japan’s SMFG likely to halt all new lending for coal power, sources say
Sumitomo Mitsui Financial Group (SMFG) is likely to halt new financing for any coal-fired power plants, sources close to the matter said, reflecting increasing pressure on Japanese lenders to cut coal ... ( read original story ...)
Japan’s SMFG likely to halt all new lending to coal-powered plants, sources say
Japan's Sumitomo Mitsui Financial Group is likely to halt all new financing to coal-fired power plants, including the most efficient ones, two sources said, reflecting growing pressure from investors ... ( read original story ...)
IRS Rules On Crypto Reporting Just Got Even More Confusing
I’ve previously written about IRS enforcement of Crypto account holders here, here, and here. Uncovering crypto account holders is a key part of stepping up enforcement in this area, and as I ... ( read original story ...)
Twin sisters score Japan’s hottest IPO
Handling such a passionate community can be tricky, as Coly was reminded shortly after its IPO filing. In its investor prospectus, the company referred to its “yumejoshi” and “fujoshi” fans, and ... ( read original story ...)
Opposition: Lies about Moritomo documents broke disclosure law
Lower House Budget Committee, the opposition Diet members said that lying to avoid releasing public documents violates the information disclosure law. The questioning regarded records of meetings ... ( read original story ...)