Welcome to TechCrunch Crypto, formerly known as Chain Reaction. Hello and welcome back to the new and improved TechCrunch Crypto newsletter. This is our fifth edition with, of course, regularly ...
Japan finance minister says a weak yen has merits and demerits
Japanese Finance Minister Shunichi Suzuki said on Friday that a weak yen has its merits and demerits although he was concerned about the negative aspects of a weak currency."Currency rates are set by ...
Crypto exchange Coinbase posts first profit in two years on robust trading
Coinbase Global on Thursday posted its first quarterly profit since 2021 on sturdy trading volumes due to a resurgence of interest in crypto, sending its shares up nearly 13% after the bell.
Nikkei jumps to fresh 34-year high, closes in on all-time peak
TOKYO, Feb 16 (Reuters) - Japan's benchmark Nikkei got off to a roaring start on Friday, opening the morning session at its highest since Japan's economic bubble burst in the late 1980s. The Nikkei ...
Japan slipped into a technical recession. The Bank of Japan has to juggle supporting the yen and fragile growth
The central bank is under pressure to alleviate Japanese yen weakness, stemming from the interest rate divergence between the U.S. and Japan.
Japan finance minister says up to BOJ to decide when to end negative rates
Japanese Finance Minister Shunichi Suzuki said on Friday that monetary policy including whether and when the central bank may end its negative interest rate policy was up to the Bank of Japan to ...
Crypto venture funding climbs for first time in nearly 2 years after bitcoin’s stellar run
It marks the first time that venture VC investments in crypto startups have risen since the March quarter of 2022.
Coinbase Returns to Profitability After Crypto Market Rebound
Coinbase Global Inc. posted a profit for the first time in two years after a fourth-quarter rebound in digital-asset markets lifted trading revenue at the largest US cryptocurrency exchange.
Crypto world, Wall Street await potential spring approval of spot ether ETF
Sentiment surrounding the approval of a spot product for the world’s second-largest digital asset in 2024 is overwhelmingly positive according to interviews conducted by FOX Business.
First Mover Americas: Crypto Remains Resilient as Japan, UK Slip Into Recession
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Analysis: How the Crypto Markets are Gearing Up for a Worldwide Recession
With big economies like the UK and Japan undergoing a recession, crypto markets are getting ready for the fallout.
$1.6 billion in Grayscale crypto trust shares approved for sale
Bankrupt crypto lending platform Genesis could soon sell $1.3 billion GBTC shares, with potential impact on the bitcoin price.
Crypto Market Value Climbs Back Above $2 Trillion in Broad Rally
Bitcoin hovered around $52,000 after a broad cryptocurrency rally that saw Ether, the second-biggest token, advance back to where it was before the TerraUSD stablecoin collapsed almost two years ago.
It’s Time To Pop The Post-Quantum Crypto Bubble
For business leaders and executives to tackle this challenge head-on, we need to rethink the approach and solutions at hand.
Crypto Money Laundering Dropped 30% Last Year, Chainalysis Says
Last year saw an increase in the use of blockchain bridges and drop in the use of crypto mixers for money laundering.The change shows how ...
Japan unexpectedly slips into recession, Germany now world’s third-biggest economy
TOKYO: Japan unexpectedly slipped into a recession at the end of last year, losing its title as the world's third-biggest economy to Germany and raising doubts about when the central bank would begin ...