Under the Biden administration, Solana (SOL) appears nowhere close to getting its own ETF in the U.S. But, according to market-making firm GSR, if Donald Trump retakes the White House, it might be ...
Japan’s Nikkei skids 1% as yen intervention risks rise
TOKYO: Japan’s Nikkei share average fell 1% on Thursday, giving up most of its gains from the previous session, as the yen’s slide past the closely watched 160 per-dollar level put traders on high ...
Japan’s Urgent Response to Yen’s Historic Low: Will Intervention Work?
Japanese Finance Minister Shunichi Suzuki signals potential intervention as the yen hits a 38-year low against the dollar. Authorities express concern over rapid currency movements and their economic ...
Japan analyzing factors behind yen falls, threatens response
TOKYO (Kyodo) -- Japan is looking at what is driving the yen's fall against the U.S. dollar and will take "necessary" action if needed, Finance Minister Shunichi Suzuki said Thursday after the ...
Japan’s Kanda Says Watching Yen With High Level of Urgency
Japan’s currency chief said the government is watching the yen with a high level of urgency as he described the currency’s latest moves as “rapid” and “one sided.” Vice Finance Minister Masato Kanda ...
Crypto scam victims are being scammed double by fake law firms, FBI warns
Crypto scam victims are being pegged as easy marks by fraudsters who are targeting these individuals – after they've already been scammed.According to a new warning by the FBI, there's a new, growing trend of scammers masquerading as law firms and targeting those who have already been victims of cryptocurrency scams.
Crypto industry awaits Indian Budget 2024 with renewed hope for tax relief
Indian crypto industry is once again hoping for tax reforms in the Union Budget 2024-25. CoinSwitch co-founder Ashish Singhal urges the government to reconsider the TDS and 30% tax regime. India could include crypto to reach its $5T economy target.
Yen plunges to 38-year low vs dollar as markets brace for Japan intervention
Analysts said traders are testing the resolve of Japan's Ministry of Finance, which spent $62 billion in late April and early May to support the currency when it fell past 160. "Interventions tend to ...
Crypto industry super PAC is 33-2 in primaries, with $100 million for House, Senate races
A super PAC bankrolled by a small group of crypto companies has backed the winning candidate in 33 of the 35 House and Senate primary races it entered. Fairshake PAC kicks off the general election ...
Crypto Giants Notch Wins in Expensive Quest to Sway U.S. Politics – Without Mentioning Crypto
The crypto industry has been deploying a $169 million fund that's so far supported more than 20 congressional primary wins in the 2024 elections – including helping knock off an incumbent congressman ...
Japan chipmaker Kioxia set to submit preliminary listing application, sources report
Kioxia, a chipmaker backed by Bain Capital, is gearing up to submit a preliminary application to list shares on the Tokyo Stock Exchange in the coming days, according to two people familiar with the ...
Bitcoin nears $62,000 amid Mt. Gox customer repayments
Bitcoin (BTC-USD) hovers below $62,000 Wednesday morning as the cryptocurrency has run up by nearly 40% in 2024 year-to-date. Yahoo Finance Senior Markets Reporter Jared Blikre explains how ...
Japan authorities on high alert against rapid yen decline, says top currency diplomat
"It is generally accepted that the current weakness in the yen is not necessarily justified, therefore believed to be driven by speculators," Kanda, vice finance minister for ... in mind on when to ...
Bitcoin heads towards Japan? Assessing if THIS move will finally help BTC
Despite a recent downturn in Bitcoin's [BTC] price, affecting the broader cryptocurrency market, Japanese firm Metaplanet is doubling down on its Bitcoin strategy. At press time, BTC was trading at ...
Dems mocked crypto, now a $160M bitcoin war chest could ruin their November: ‘Our Founding Fathers would have been bitcoiners’
Several or the world’s largest crypto currency firms have reportedly organized a political spending war chest of over $160 million that they plan to deploy this year in support of candidates who ...
To mitigate risk in crypto, some investors turn to mining rigs
The content of this article is not meant to constitute financial advice. Bitcoin mining companies are transforming investment strategies as the cryptocurrency market evolves. In a recent discussion, ...