The Bank of Japan is set to release data tonight that may help solve the mystery of whether authorities intervened in the currency market on Monday after the yen plunged beyond 160 per dollar.
Japan Govt to Respond Firmly to Excessive FX Movements, Top Currency Official Says
Japan’s top currency official said it was the government’s job to respond firmly to excessive movements in the currency market driven by speculators because these movements exerted a negative effect ...
DOJ wants to send ‘strong message’ with sentencing for Binance founder
A sentencing recommendation for Binance crypto exchange founder Changpeng “CZ” Zhao following financial crimes includes years in prison.
Sign of intervention? Japan’s yen jumps against dollar
The yen jumped against the dollar on Monday, with traders citing yen-buying intervention by Japanese authorities as a trigger for the bounce in a currency languishing at levels last seen over three decades ago.
New bill would grant regulatory power over crypto mining to three North Carolina counties
A new bill in the North Carolina legislature would allow Henderson, Polk, and Rutherford Counties to prohibit or regulate crypto mining. Republican Sen. Tim Moffit, who represents the three counties,
Yen Traders See Uphill Battle for Japan to Halt Currency’s Slide
Currency traders warned Japan’s government that it will need to repeatedly act to buoy the beleaguered yen given economic forces likely merit further depreciation.
Japan’s Debt Dilemma May Doom Any FX Intervention, Brooks Says
To Robin Brooks, the former chief currency strategist at Goldman Sachs Group Inc., Japan’s massive government debt — for now at least — is likely to doom any efforts to prop up the yen.
Crypto Investment Products Saw Outflows for a Third Consecutive Week
Interest in digital assets continues to wane, with crypto investment products seeing outflows for a third consecutive week.
Bank of Japan Intervention: What to Know as Yen Crisis Starts to Force Panic
A weakening yen has finally triggered Bank of Japan intervention. Here is what could happen next -- be warned. More From InvestorPlace The #1 AI Investment Might Be This Company You’ve Never Heard Of ...
Japan’s currency falls to its weakest since 1990 against the dollar as the yen keeps yelping
The value of Japan's currency has tumbled so much that for a moment on Monday it took 160 yen to equal $1. A few years ago, it took closer to 100 yen to make a U.S. dollar. The yen has been so weak ...
Ono Pharmaceutical acquires cancer-focused biopharma Deciphera for $2.4bn
Ono will gain access to Deciphera’s kinase inhibitor pipeline, which includes the CSF-1 inhibitor vimseltinib and ULK inhibitor DCC-3116.
Japan will struggle to rescue its plummeting currency
In early trading, as Asian markets opened on April 29th, the currency plummeted to a 34-year low of 160 to the dollar, adding to its hefty fall against the greenback over the past three years (see ...
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Eminem is narrating a new Crypto.com commercial. Are celebrity ambassadors prepared to put 2022 behind them?
Mining CEO shares theories on the identities behind major anonymous crypto transactions
Major investors and even nations can drive significant shifts in the cryptocurrency market with massive single transactions.
Crypto company Tether invests $200 mln in brain-chip maker Blackrock Neurotech
Crypto company Tether has invested $200 million in Blackrock Neurotech, taking a majority stake in the U.S. brain implant company, Tether said in a statement on Monday.
US Lawmakers press Biden administration on use of crypto to evade sanctions
Two lawmakers are pressing the Biden administration on the use of cryptocurrency to evade sanctions in Russia, Iran and North Korea, asking officials what additional authorities might be needed to ...