A price crash has wiped out 46% of Bitcoins value for publicly traded companies like MicroStrategy, Tesla, Square, Meitu, and Nexon hold billions of dollars worth of bitcoin ... ( read original story ...)
Investors bet billions on crypto custody providers
The safekeepers of crypto assets are attracting billions of dollars from investors betting that the influx of Wall Street players into digital markets will lead to a surge in demand for custody ... ( read original story ...)
Crypto infrastructure company Fireblocks nearly quadruples valuation to $8B in six months
Crypto custody platform Fireblocks is quite possibly “the most successful and least-known company in the blockchain space,” as described by its co-founder and CEO Michael Shaulov in an interview with ... ( read original story ...)
The Crypto Crash Strengthens the Case for Crypto
Crypto prices are tumbling. By one account, crypto assets have lost about $1.35 trillion globally since November, with some falling in price by 80% or more. Many investors feel a real pinch. The good ... ( read original story ...)
Crypto tax firm CoinTracker raises $100 million for expansion
CoinTracker, which tracks consumers' cryptocurrency taxes and portfolios, said on Thursday it has raised $100 million in funding from a slew of institutional investors and high-net-worth individuals. ( read original story ...)
Putin Backs Crypto Mining Despite Bank of Russia’s Hard Line
President Vladimir Putin backs a Russian government proposal to tax and regulate mining of cryptocurrencies, rejecting the central bank’s proposal to ban it completely, according to three people ... ( read original story ...)
Japan and South Korea lead declines across Asia-Pacific as investors digest Fed remarks
Asia-Pacific markets fell across the board on Thursday as investors reacted to an overnight update from the U.S. Federal Reserve that indicated the central bank plans to raise interest rates as soon ... ( read original story ...)
Roundup: Japan’s Nikkei tumbles over 3 pct to 14-month low on Fed rate hike concerns
TOKYO, Jan. 27 (Xinhua) -- Japan's benchmark Nikkei stock index tumbled over 3 percent ... at a press conference on Wednesday following the conclusion of the central bank's policy-setting meeting were ... ( read original story ...)
Japan’s 10-Year Bond Yield Closes at Highest Level Since 2018
Japan’s benchmark bond yield closed at the highest level in more than three years as a hawkish outlook for Federal Reserve policy rattled the global debt market. The yield on the Asian nation’s ... ( read original story ...)
Devil in the detail of planned crypto rules
In a welcome move, the UK authorities have taken long-awaited decisions to bring the promotion of crypto assets under the umbrella of financial services regulation. But the devil will be in the ... ( read original story ...)
Can crypto and blockchain gaming change the creator vs corporation narrative?
The CEO of Star Atlas talks about blockchain games, why gamers need to educate themselves about crypto, and what's really in it for them. ( read original story ...)
Japan’s Nikkei ends at 14-month low as tech stocks fall on Fed tightening timeline
The Nikkei share average lost 3.11% to 26,170, its lowest close since Nov. 24, 2020. The index, which fell for a third straight day, marked its biggest daily decline since June 21, 2021. ( read original story ...)
Japan’s Nikkei tumbles over 3 pct to 14-month low on Fed rate hike concerns
Japan's benchmark Nikkei stock index tumbled over 3 percent on Thursday to close at its lowest level in 14 months, as an early sell-off gathered steam on mounting concerns of a U.S. Federal Reserve ... ( read original story ...)
Japan’s Nikkei index losses over 3 pct, lowest intraday level in 14 months
Japan's benchmark Nikkei stock index lost over 3 percent momentarily on Thursday afternoon, marking its lowest intraday level in around 14 months. The Nikkei index fell 888.58 points, or 3.29 percent, ... ( read original story ...)
Sellers swarm Asian stock markets, Nikkei 225 dives 841 points
In Japan, the Nikkei 225 shattered, losing 841.03 points or 3.11 percent to close Thursday at 26,170.30. The Australian All Ordinaries fell 133.60 points or 1.84 percent to 7,114.50. In late trading, ... ( read original story ...)
Japan’s 2-, 5-year bond yields hit 6-year high on Fed’s rate hike plans
The two-year JGB yield JP2YTN=JBTC jumped 1.5 basis points (bps) to minus 0.055%, and the five-year yield JP5YTN=JBTC gained 1.5 bps to minus 0.010%, their highest since Jan. 29, 2016, when the Bank ... ( read original story ...)