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Posted on 13/05/2022

How More Than $1 Trillion of Crypto Vanished in Just Six Months

The helium is coming out of bitcoin and other cryptocurrencies as investors shy away from risk. ( read original story ...)

Posted on 13/05/2022

Japan shares higher at close of trade; Nikkei 225 up 2.64%

Investing.com – Japan equities were higher at the close on Friday, as gains in the Shipbuilding, Chemical, Petroleum&Plastic and Power sectors propelled shares higher. At the close in Tokyo, the ... ( read original story ...)

Posted on 13/05/2022

Nikkei sees best day since late-March, led by SoftBank gains

Japan's Nikkei benchmark stock index posted its biggest rise in more than a month and half as investors scooped up cheap stocks, with SoftBank Group leading gains. SoftBank Group provided the biggest ... ( read original story ...)

Posted on 13/05/2022

Top Japan Banks Warn on Uncertainties as Profit Seen Slowing

Sumitomo Mitsui Financial Group Inc. is forecasting a 3.3% rise in net profit for the current fiscal year due to a fall in bad loan costs and more revenue from its banking business.Most Read from ... ( read original story ...)

Posted on 13/05/2022

Bank of Japan chief rejects dialing back easing as Japan ‘completely different’

Scaling back monetary easing is not appropriate as the economic situation in Japan is "completely different" from that in the United States and Europe, Bank of Japan Governor Haruhiko Kuroda said ... ( read original story ...)

Posted on 13/05/2022

POLL-Japan April consumer inflation seen exceeding central bank’s 2% goal

Japan's core consumer inflation in April is expected be slightly higher than the central bank's 2% target, hitting a seven-year peak as sharp climbs in fuel and global commodity costs push up the cost ... ( read original story ...)

Posted on 13/05/2022

Bank of Japan will stick to easy monetary policy, Gov. Kuroda says

TOKYO–Bank of Japan Governor Haruhiko Kuroda reiterated Friday that the central bank would stick to its monetary easing program as the nation’s economy ... ( read original story ...)

Posted on 13/05/2022

Still Has ‘Potential As A Currency’—Elon Musk Gives Surprise Dogecoin Signal After Huge Bitcoin, Ethereum And Crypto Price Crash

Tesla billionaire and long-time dogecoin supporter Elon Musk has once again signalled his support for the meme-based bitcoin rival helping it's price to bounce by around ... ( read original story ...)

Posted on 13/05/2022

Investors Fret About their Crypto Assets Amid Bankruptcy Fears at Coinbase

CEO Brian Armstrong said there was no risk of the company facing bankruptcy any time soon. This week, investors learned a hard lesson when news emerged that one of the largest cryptocurrency exchanges ... ( read original story ...)

Posted on 13/05/2022

Nikkei ends 2% higher on upbeat earnings, bargain-hunting

Tokyo stocks ended sharply higher Friday, briefly lifting the Nikkei index nearly 3 percent, on a slew of upbeat earnings from Japane ... ( read original story ...)

Posted on 13/05/2022

Bitcoin eyes record losing streak as ‘stablecoin’ collapse crushes crypto

Cryptocurrencies nursed large losses on Friday, with bitcoin pinned below $30,000 and set for a record losing streak as the collapse of TerraUSD, a so-called stablecoin, rippled through markets. ( read original story ...)

Posted on 13/05/2022

Price of cryptocurrencies crash during crypto sell-off

A massive sell-off of cryptocurrency erased more than $200 billion from the crypto market in a single day with the price of Bitcoin plunging to its lowest level in 16 months. NBC News’ Priscilla ... ( read original story ...)

Posted on 13/05/2022

Stablecoin Crash: Why Are Crypto Markets In Trouble?

Bitcoin, the bellwether for the crypto market, took a beating this week. Blame the stablecoins. On Thursday, Bitcoin hit a 52-week low, slumping to $25,402, a level not seen since December 2020. The ... ( read original story ...)

Posted on 13/05/2022

Nomura offers its first bitcoin derivatives, just as crypto markets tumble

Nomura has begun offering bitcoin over-the-counter derivatives to clients, it said Friday, the latest move by a traditional financial institution into the cryptocurrency industry, even as markets are ... ( read original story ...)

Posted on 13/05/2022

Robinhood shares surged over 30% after crypto billionaire Sam Bankman-Fried disclosed a 7.6% stake in the trading platform

Sam Bankman-Fried acquired about 56.3 million shares in Robinhood Markets through his firm, Emergent Fidelity Technologies, according to an SEC filing. ( read original story ...)

Posted on 13/05/2022

Bitcoin plunges below $27,000, erases 2021 gains as crypto sell-off intensifies

Bitcoin slumped below $27,000 Thursday for the first time in over 16 months, as cryptocurrency markets extended their losses amid fears over rising inflation and the collapse of a ... ( read original story ...)

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