After a decisive victory, Republicans are taking over U.S. crypto policy. Perianne Boring reveals how that's shaping up in Washington D.C.
3 Things Every Crypto Investor Should Know About Dogecoin
Seemingly out of nowhere, Dogecoin (CRYPTO: DOGE) has been on an extraordinary run in 2024. It's now up 120% for the year and currently ranks as the eighth-largest cryptocurrency, with a nearly $30 ...
Meme Coin Mania Erupts After Trump Win – Are We Entering a New Crypto Bull Market?
Donald Trump's US election win earlier this week has green-lit risk-on sentiment for investors across the crypto market. With over a decade of crypto coverage, Cryptonews delivers authoritative ...
SEC commissioner backs Trump’s plan to end crypto crackdown
Republican SEC Commissioner Mark Uyeda suggests pausing new enforcement actions against firms that have failed to register with the commission until clear rules of the road in place ...
The crypto industry was the decisive winner of the 2024 election
Fried was still wandering the halls of Capitol Hill, doling out campaign donations and convincing lawmakers to pass crypto legislation. Today, of course, he’s waiting out his appeal in a Brooklyn ...
Crypto CEO Kidnapped and Held for $1 Million Ransom
The CBC identified the victim as Dean Skurka, CEO of WonderFi, a publicly traded crypto platform that claims to oversee more than $1.35 billion in assets. The CBC said that Skurka was forced into a ...
Japan conducted 5.5 tril. yen currency intervention in July
Japan's Finance Ministry says it intervened in the currency market in July to support the yen. The action conducted with the Bank of Japan amounted to 5.5 trillion yen, or about 36 billion dollars.
Japanese chipmaker Kioxia files for IPO; sources say it’s targeting December
By Miho Uranaka and Sam Nussey TOKYO (Reuters) -Bain Capital-backed Kioxia filed for an IPO on Friday and sources familiar with the matter said the Japanese chipmaker was targeting December for the ...
Memory chipmaker Kioxia files for Japanese IPO – report
Private equity firm Bain Capital-backed Kioxia filed a registration statement for a Japanese IPO, Reuters reported. Kioxia, which is among the world's largest makers of NAND flash memory, intends to ...
Kioxia to file registration statement for December IPO, sources say
Kioxia said it was planning for an IPO at the appropriate time but that it could not comment further at this time. Bain declined to comment. While the Japanese stock market has been volatile in recent ...
Bank of Japan may be ‘cornered’ into raising rates if yen depreciates quickly after Trump victory: Mizuho
Shoki Omori, chief Japan desk strategist at Mizuho Securities, says if the yen starts to hit the 158-160 level, the Bank of Japan may be forced to raise rates earlier than it intended.
Kioxia Files for Long-Delayed IPO as Samsung’s Lead Grows
Kioxia Holdings Corp. plans to debut on the Tokyo Stock Exchange between this December and June next year in a bid to narrow the yawning gap with memory leader Samsung Electronics Co.
Chip producer Kioxia has doubts about valuation and postpones IPO
Kioxia's IPO has been postponed. The company is now targeting an IPO in December. Reuters reports this based on two people involved in the ...
Japanese Stocks Close Higher. U.S. Election ‘Positive’ in the Short Term.
Japan's Nikkei Stock Average rose 0.3% to close at 39500.37, tracking Wall Street's gains overnight. "We see U.S. election as having net positive implications for Japanese equities short term," JPMorgan's Equity Strategy team said in a report.
Tokyo stocks end mixed as tech gains offset by weak autos
The U.S. dollar fell slightly to the upper 152 yen range in Tokyo after Finance Minister Katsunobu Kato said the government will take "appropriate steps to counter excessive moves" amid the yen's ...
Japan Finance Minister Issues Fresh Warning Against Rapid Weakening of Yen
TOKYO—Japan’s finance minister has issued a fresh warning to the currency market in the wake of Donald Trump’s election victory, which sent the dollar sharply higher against the yen.“We are watching ...