Bitcoin and other crypto tokens have been boosted by the so-called “debasement trade” as the treasury has moved to intervene in the bond markets to curb rising yields.
Bitcoin surges past $80,000 as crypto rally gathers pace
Bitcoin surged past the $80,000 mark, as renewed inflows into spot bitcoin ETFs and improving risk appetite extended the cryptocurrency's recent rally.
Global market: Nikkei drops as Japanese chip stocks track US tech selloff
Japan's Nikkei share average saw a dip as tech stocks tracked declines in the US, particularly in the semiconductor sector. Investor caution grew ahead of Nvidia's anticipated quarterly earnings, with ...
KOSPI plunges 3.7%, Nikkei slides as Nvidia earnings jitters hit Asia
The KOSPI fell as much as 3.7% shortly after the open before trimming its decline to about 1.8% by late morning. The Nikkei 225 slipped around 0.8% to 64,980, extending its losing streak to a third ...
Analyst predicts 60% upside for Circle stock
Bernstein is extremely optimistic about a major crypto company's growth prospects.
Japan eyes $630m to help buy undersea cable ships as risks grow
TOKYO -- Japan will propose budgeting around 100 billion yen ($628 million) to help domestic companies procure ships that can lay undersea cables as costs soar and Chinese competition rises, Nikkei ...
Zcash soars to eight-year high amid crypto rally and hopes of an ETF approval
The privacy-focused chain Zcash's native token, ZEC, surged 66% over the past week.
Japan to tap AI to speed up materials development 10-fold
TOKYO -- The Japanese government is moving forward with plans to create a platform that accelerates new materials development by a factor of 10 through using artificial intelligence to analyze data ...
Coinbase-backed crypto advocacy group endorses 32 US midterm candidates
By Hannah Lang Aug 24 (Reuters) - Stand With Crypto, an advocacy group backed by crypto giant Coinbase, on Monday endorsed 32 incumbent congressional candidates for the November midterm elections, as ...
Japan’s Nikkei edges lower as AI stocks slip ahead of Nvidia results
The Nikkei Stock Average fell 0.07% to 65,968 in morning trading Monday, paring losses as investors awaited Nvidia’s earnings and the ...
Global markets | Japan’s Nikkei weighed down by AI stocks ahead of Nvidia earnings
The Nikkei share average in Japan experienced a downturn as stocks related to artificial intelligence faced mounting pressure due to inflation concerns and geopolitical uncertainties in the Middle ...
How Trump’s crypto push is linked to Bessent’s Treasury moves
Stablecoins could drive demand for Treasury bills.
XRP vs Ethereum: Which Crypto Will Reach Its All-Time High First?
XRP and Ethereum need to rally above 100% to reclaim their ATH of $3.84 and $4,953, respectively. Here’s which crypto could hit ATH first.
Crypto Card Purchases Set New $1 Billion Monthly Record
Crypto card spending hit a monthly record, with stablecoin-funded purchases climbing to $1.03 billion, or $1.04 billion in supplementary reporting based on PaymentsScan data. PaymentsScan, an on-chain ...
Banks and Regulators Test Quantum-Resistant Crypto Wallets in New Pilot
Banks and regulators from Abu Dhabi, Bhutan and Malta join a pilot testing quantum-resistant crypto wallets and transfers.
Crypto roars back as bitcoin posts its second-best week since early 2021
Crypto bulls enjoyed one of their strongest weeks in years, with bitcoin gaining 23.6% last week. Bitcoin surged from around $62,000 to as high as $79,500 before settling near $77,000. It was ...