Kazuo Ueda had hoped to start series of rate increases but a bout of market turmoil and the bank’s rapid backtracking shows how hard it is to get the timing right.
Daily Crypto Update: Top Assets Witness Unexpected Surge
The crypto market has picked up pace after a couple of sluggish days. Bitcoin has gained 7% value, while Ethereum has surged 10.39% in the past 24 hours.
Crypto community cheers judge’s ruling in Ripple’s battle with the SEC
On Wednesday, U.S. District Judge Analisa Torres in New York declared that Ripple would face a civil penalty of $125 million for breaking securities laws – a far cry from the $2 billion it was ...
Harris Flips Some Swing States On Polymarket After Dems’ ‘Heated’ Crypto Roundtable
Rep. Ro Khanna once again organized another roundtable between crypto executives and White House officials, and there are contradicting reports about how the meeting went, but it appears to have given ...
Crypto exchange FTX ordered to pay $12.7 billion to customers, US CFTC says
A U.S. court has ordered bankrupt cryptocurrency exchange FTX to pay $12.7 billion in relief to its customers, the Commodity Futures Trading Commission said on Thursday. FTX drew customers in with "an ...
HMRC ramps up crypto capital gains crackdown
Tax non-compliance on cryptoasset holdings is estimated to range from as high as 55pc to 95pc, according to HMRC. Crypto profits can be subject to several forms of taxation Profits generated from owning and trading cryptoassets – such as Bitcoin and ...
FirstCry IPO oversubscribed on day three
The FirstCry IPO did not have any promoters and consisted of a fresh issue of Rs 1,666 crore and an offer-for-sale of 5.42 crore equity shares by its existing shareholders.
Global shares rise and Japan’s Nikkei gains 1.2% as markets settle after a wild start to the week
Stocks are bouncing higher on Wall Street again as a bit more fear washes out of global markets following a steep slide that began last week. The S&P 500 was 1% higher early Wednesday and on pace for solid back-to-back gains following a brutal three-day losing streak.
Japan’s Nikkei sees best day since October 2008; logs record single-day jump in points
The rebound follows a sharp sell-off in the U.S. with the Dow and the S&P 500 notching their worst sessions since September 2022.
Yen’s wild ride: Ups, downs, and Bank of Japan interventions
By Leika Kihara, Pasit Kongkunakornkul, Vineet Sachdev and Kripa Jayaram (Reuters) - The Japanese yen has been under pressure in the past few years as markets focused on the wide U.S.-Japan interest ...
IBM Prepares For A Quantum-Safe Future Using Crypto-Agility
IBM's Quantum Safe platform aims to protect organizations from future quantum threats to classical cryptography.
Coinbase’s Top Lawyer Sees US-Led ‘Race to Top’ in Crypto Hubs
In this edition of the Bloomberg Crypto newsletter, Ryan Weeks surveys the global competition to be a crypto industry hub.
The yen’s rollercoaster ride
The BOJ’s interest rate rise shook global markets and the Japanese currency. Here’s a look at how the central bank has influenced the yen over the years ...
Bitcoin Nears $60K as Crypto Bounce Accelerates, but Recovery Might Be Choppy
While the crypto rally was broad-based, with ETH, SOL, NEAR gaining 8%-10%, prices rarely go up in a straight line following major capitulation events such as Monday's crash, one observer noted.
Japan’s Nikkei resumes its rebound after a calm day on Wall Street
Shares were mostly higher Wednesday in Asia, with Japan’s benchmark Nikkei 225 index falling shortly after the open but then climbing higher.
3 Blockchain Stocks to Sell Before the Crypto Winter of 2024
InvestorPlace - Stock Market News, Stock Advice & Trading Tips I’ll admit, I was quite optimistic about where the crypto market was ...