After a tumultuous 2022, impacted by multiple negative developments culminating in the FTX debacle that sent the crypto space into further meltdown, 2023 has started with a bang for the industry. As ...
Japan’s Nikkei rallies on Wall Street’s lead as earnings season looms
Japan's Nikkei share average jumped more than 1% on Monday, taking cues from a rally on Wall Street last week, with chip-related stocks leading gains. The Nikkei was 1.13% higher at 26,852.85 by the ...
Nikkei Rises 1.1%, Led by Electronics, Machinery Stocks
Japanese stocks were higher in morning trade, led by gains in electronics, machinery and chemical stocks as the yen’s recent strength eases and hopes continue for earnings growth ahead of the start of ...
Crypto Sentiment Split Between Bull Trap or Bottom as Bitcoin Nears 23K
Since Bitcoin reached an all-time high of around $69,000 in November of 2021, digital assets have been walloped by higher interest rates and a series of high-profile collapses–firms like Three Arrows ...
This Week on Crypto Twitter: SBF Pleads Innocence via Excel, Twitter Reacts with Memes
It was the third full week of 2023, the third full week of consecutive gains for all leading cryptocurrencies, and the third week of the ongoing spat between crypto exchange Gemini and its creditor ...
Crypto Price Warning: ‘Global Financial Meltdown’ Could Be About To ‘Smoke’ Bitcoin, Ethereum, BNB, XRP, Cardano, Dogecoin, Polygon And Solana
Former chief executive of bitcoin and crypto exchange BitMex Arthur Hayes has warned a "disastrous global financial meltdown" could be about to crash the bitcoin price and crypto ...
Crypto conglomerate Digital Currency Group to shut down a CT business
Embattled cryptocurrency conglomerate Digital Currency Group is shutting down one of its Stamford-based subsidiaries, while another of its businesses has filed for bankruptcy and faces federal charges ...
Kishida says he will nominate new Bank of Japan chief next month
Japanese Prime Minister Fumio Kishida said on Sunday he would nominate a new Bank of Japan governor next month, as markets test whether the central bank will change the ultra low-rate policy of the ...
What Do Tech Layoffs Mean for the Crypto Universe?
Layoffs at crypto companies have sparked concerns that the crypto winter could be longer and colder than many expected. Reduced investor expectations might actually be a good thing for crypto. The ...
Japanese gov’t to nominate new central bank chief in February: PM
The Japanese government will nominate the successor to outgoing Bank of Japan BOJ Governor Haruhiko Kuroda in February for the parl ...
The US Government Wants You To Know It’s Cracking Down on Crypto
Crypto Twitter panicked, and so did crypto prices. Bitcoin and Ethereum each fell nearly 5% in just a few minutes, amounting to a flash crash. What big player was caught in the DOJ's crosshairs?
Crypto Lender Genesis Files For Bankruptcy: Here Are The Companies That Have Collapsed So Far
With the industry facing a “crypto winter” many crypto companies, from exchanges to hedge funds, have had to deal with the fallout.
Japan’s Kishida says he will nominate new BOJ head next month
Japanese Prime Minister Fumio Kishida said on Sunday he would nominate a new Bank of Japan governor next month, as markets test whether the central bank will change the ultra low-rate policy of the ...
Ex-Genesis execs claimed they raised millions for crypto hedge fund just as former company neared bankruptcy
A former Genesis employee sent a message to a prospective investor in December, pitching a new crypto hedge fund.
Japan’s wage watershed raises economic hopes
A day after the owner of Uniqlo clothing brand stunned the nation with a plan to raise wages in Japan by up to 40 per cent ... remuneration to a much higher level,” Fast Retailing’s finance chief ...
Meme, Crypto Revival to Hit a Wall as Recession Risk Looms: Q&A
The S&P 500 is off to a great start this year. Meme stocks are rip-roaring. Crypto is busting higher. Does that mean it’s time to take on more risk? One Wall Street veteran, who’s sticking with a resolutely defensive stance,