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Tag: ipo

Posted on 05/03/2025

Metaplanet stock jumps 19% as it buys the dip with 497 Bitcoin purchase

Metaplanet CEO Simon Gerovich said in a March 5 X post that the firm bought 497 Bitcoin ( BTC) at around $88,448 per coin for a total spend of $43.9 million. He added the company has achieved a ...

Posted on 05/03/2025

Bank of Japan deputy governor Uchida vows to keep raising interest rates

SHIZUOKA - Bank of Japan (BOJ) Deputy Governor Shinichi Uchida said the central bank can proceed with interest rate hikes at a pace in line with market expectations, keeping alive views that there is ...

Posted on 05/03/2025

$1.4 Billion In Stolen Crypto From Bybit Hack Is Not Coming Back

Hackers who managed to run off with $1.4 billion in stolen Ethereum from the Bybit exchange have already converted most of the funds into Bitcoin. That is according to experts at several blockchain ...

Posted on 05/03/2025

Trump’s White House crypto summit could be a turning point for U.S. policy, experts say

"There needs to be clear regulatory action for projects to change their current strategies to really open the U.S. market," one expert said.

Posted on 05/03/2025

Japan’s service activity marks fastest growth in six months, PMI shows

Japan's service activity marked the fastest growth in six months in February, backed by strong sales and new export businesses, a private-sector survey showed on Wednesday. The service sector has been ...

Posted on 05/03/2025

Japan’s Sumitomo Mitsui exits from global climate coalition for banks

Sumitomo Mitsui Financial Group Inc. has left a global climate coalition for banks, an official of the Japanese megabank said Tuesday ...

Posted on 05/03/2025

The crypto industry got what it paid for

How do you say with a straight face that the government needs an XRP stockpile?

Posted on 05/03/2025

How North Korea cracked Bybit’s crypto safe to steal $1.5 billion in a record heist

North Korean hackers lay in wait for “probably many months." Here is a step by step guide to how they pulled off the robbery.

Posted on 05/03/2025

Lone Star Funds finalizes $4B deal for specialty chemicals company

Lone Star Funds acquired the company in 2021 and claims it realized "a significant profit after only three years of ownership." ...

Posted on 05/03/2025

Nikkei 225 Outlook: Negative Sentiment Overshadows Positive Fundamentals

The Nikkei 225 has broken below its 200-day moving average, now acting as key medium-term pivotal resistance at 38,520. In addition, the condition of the daily RSI momentum indicator remains bearish, as it has not hit its oversold level (see Fig 3).

Posted on 05/03/2025

Ex-bank official held in another case of safe-deposit theft in Japan

A former top official of a credit union in Japan's Yokohama has been arrested on suspicion of having stolen more than 600 million ...

Posted on 05/03/2025

Japan’s SBI VC Trade to roll out USDC support as stablecoin regulations ease

SBI VC Trade announced the completion of its initial registration for stablecoin transactions, paving the way for specific use cases related to USDC.

Posted on 05/03/2025

Binance CEO Applauds Japan Crypto Rules Amid Reforms

Binance CEO Richard Teng notes Japan's solid cryptocurrency legislation and growing acceptance, with 11 million crypto users.

Posted on 05/03/2025

Crypto recoups earlier losses from trade war sell-off, bitcoin reclaims $85,000

Crypto losses subsided Tuesday afternoon, after a sell-off driven by tariff concerns erased all of its bitcoin's gain from Trump’s crypto reserve announcement.

Posted on 05/03/2025

Crypto officially enters bear market after losing $1 trillion since December

According to The Kobeissi Letter, crypto markets have now lost $1 trillion in market cap since Dec. 18, marking a 26% decline from all-time highs. Treasury Secretary Scott Bessent hinted at possible interest rate cuts to stabilize the economy.

Posted on 05/03/2025

Why Trump’s Crypto Reserve Plan Has Experts Worried

Some Bitcoiners also believe that a reserve could serve as a hedge against inflation. They point to the fact that the dollar has gotten less valuable over time, and argue that Bitcoin’s value could be ...

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