Oil prices fell on Wednesday as the US-led coordinated release of stocks from strategic reserves eased concerns over tightness in global supply, while investors took profits from the previous day's ... ( read original story ...)
Nikkei slips as growth stocks unsettled by Fed outlook
Japan's Nikkei fell on Wednesday, as growth-oriented stocks took a beating from worries the U.S. Federal Reserve might speed up policy tightening to cope with the rising spectre of inflation. TOKYO, ... ( read original story ...)
There’s a New Crypto Land Grab Going On
A lot of people are suddenly betting that in the metaverse, .eth addresses will be the new .com. So what is amazon.eth worth? ( read original story ...)
Crypto Price Prediction: Volcanos Could Push Bitcoin To $1 Million In Five Years—Leaving Ethereum, BNB, Solana, Cardano, XRP And Cro In The Dust
Some think El Salvador's volcano-powered, bitcoin-back bonds could help the bitcoin price climb to $1 million per bitcoin in just five ... ( read original story ...)
Consortium of Japan firms to test launch digital currency – Nikkei
A consortium of roughly 70 Japanese firms, including the country's three mega-banks, will begin a test launch of a digital currency as early as late 2022, the Nikkei newspaper said on Wednesday. ( read original story ...)
Biden’s new Fed could be a boon for crypto, experts say
Investors have focused on what Fed Chairman Jerome Powell's renomination means for interest rates, but coming personnel changes at the central bank will ... ( read original story ...)
Longfor to Seek Up to $1 Billion in Unit’s Hong Kong IPO
Longfor Group Holdings Ltd. is considering an initial public offering for its property management business in Hong Kong that could raise as much as $1 billion, people with knowledge of the matter said ... ( read original story ...)
NetEase’s music streaming unit, Cloud Village, targets US$453 million as it revives Hong Kong IPO shelved amid tech crackdown
Cloud Village, which postponed its original IPO in August amid an intense crackdown by Chinese authorities on technology companies, is marketing its shares at HK$190 to HK$220 apiece. ( read original story ...)
Are US regulators about to get tough on crypto?
As far as we’re aware this is the first attempt by the US’s banking regulators – a group which includes not only the Fed, but the Federal Deposit Insurance Corporation and Office of the Comptroller of ... ( read original story ...)
How the CEO of Tiger Global-backed crypto startup MoonPay is planning to make NFTs mainstream by making them easier to buy
MoonPay recently raised $555 million from Tiger Global and Coatue, in large part to speed up its push to make NFTs less complicated to buy. ( read original story ...)
Being ‘Fast and Cheap’ Is Fueling New Crypto Star Solana’s Rise, Founder Says
Hi, it’s Katie in San Francisco — welcome to the Bloomberg Deals newsletter. Today I’m recalling a recent chat I had with some of the people behind one of the crypto world’s rising stars and recapping ... ( read original story ...)
Crypto Oversight Road Map Is Set by U.S. Banking Regulators
U.S. banking agencies have set an agenda for how to begin tackling oversight of the cryptocurrency industry, according to a joint statement issued Tuesday that addressed custody, crypto-backed loans ... ( read original story ...)
Naomi Osaka-backed Sweetgreen Inc targets up to $2.7 bln valuation in IPO
Tennis star Naomi Osaka-backed Sweetgreen Inc said on Tuesday it was seeking a valuation of up to $2.7 billion in its initial public offering in the United States. Nov 9 (Reuters) - Tennis star ... ( read original story ...)
The Poison Pill, Long Hated by Investors, Gets New Love in Japan
One of the corporate world’s most controversial takeover defenses is winning some unexpected fans.Most Read from BloombergAsia’s Richest Man Looks to Walton Family Playbook on SuccessionThe ... ( read original story ...)
Eric Adams Flies Air Crypto
Politico reports the next mayor traveled to Puerto Rico with the controversial billionaire Brock Pierce, who is advising him on crypto. ( read original story ...)
A top crypto analyst at Token Metrics shares 7 altcoins to buy as metaverse momentum builds — and why bitcoin should test $120,000 in early 2022
Bitcoin may hit $120,000 in 2022 before an 18-month bear winter, says a senior crypto analyst at Token Metrics who also named seven altcoins to buy. ( read original story ...)