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Posted on 03/07/2024

Crypto industry cheers as Supreme Court nixes Chevron

Chevron's overturning has been hailed as a "game changer" by crypto advocates seeking to limit the SEC's reach.

Posted on 03/07/2024

Japan will remain vigilant to forex moves, Finance Minister Suzuki says

Japanese authorities will continue to watch currency market moves with vigilance, Finance Minister Shunichi Suzuki said on Tuesday.Suzuki made the comment in a regular post-cabinet meeting news ...

Posted on 02/07/2024

Yen hits 38-year low, Nikkei surges as Trump risk buoys US yields

The U.S. dollar hit a near 38-year high to the yen on Tuesday following a surge in Treasury yields as investors contemplated prospects of a second Donald Trump presidency.

Posted on 02/07/2024

Crypto Investment Products See Third Straight Week of Outflows

Digital asset investment products saw outflows for a third consecutive week, though withdraws slowed in what may be a possible shift in investor sentiment.

Posted on 02/07/2024

What the new IRS guidance on crypto tax reporting means for investors

The U.S. Department of the Treasury and IRS on Friday released final tax reporting rules for digital asset brokers. Here's what crypto investors need to know.

Posted on 02/07/2024

Crypto markets on edge as Germany and U.S. governments move more than $100 million

On Monday, the German government transferred approximately $95 million, or 1,500 bitcoin, to several crypto exchanges. Similarly, the U.S. government transferred $11.75 million, or 3,375 ether, to an ...

Posted on 02/07/2024

Japan’s Nikkei average hits 40,000 mark for 1st time in nearly 3 months

TOKYO -- Japan's benchmark Nikkei Stock Average topped 40,000 points in Tokyo trading hours on Tuesday for the first time since April 4, boosted by semiconductor-related shares and a rebound in the ...

Posted on 02/07/2024

Japan’s Economy Now Seen Shrinking in 2024 by Two Forecasters

Two economists flipped their forecasts for Japan’s economy to show a contraction in 2024 a day after first-quarter gross domestic product data were revised sharply lower, highlighting the Bank of ...

Posted on 02/07/2024

The Bank of Japan’s $3 trillion problem

As interest rates rise and the deposits it holds become far more expensive, the central bank could end up becoming unprofitable.

Posted on 02/07/2024

Seasoned Crypto Trader Expects XRP to Rise by 600% and Reach $3.3 Soon

Your use of this website signifies your acceptance of our terms and conditions as well as our privacy policy. The crypto market’s recent retracement is the direct opposite of the bull run expected by ...

Posted on 02/07/2024

Japan 10-yr gov’t bond coupon lifted above 1% for 1st time in 12 yrs

The Japanese government raised Tuesday the coupon rate for new 10-year government bonds to above 1 percent for the first time in some 12 years, reflecting recent rises in long-term interest rates ...

Posted on 02/07/2024

Silvergate, of crypto infamy, sued by SEC for securities fraud

The SEC’s complaint alleges that instead of monitoring its crypto customers and putting in place an “effective” compliance program, Silvergate Capital’s wholly owned subsidiary, Silvergate Bank, ...

Posted on 02/07/2024

Solana to become the third-largest crypto in the world this year

Solana (SOL) is set to become the third-largest cryptocurrency by market cap this year, behind Bitcoin and Ethereum. With its ability to handle high transaction volumes at low cos ...

Posted on 02/07/2024

Big Risks Hound Japan’s Longest Bonds Despite Move to Cut Supply

Japan’s super-long bond issuance looks set to drop, but it’s a case where less still means more than the market may be able to handle.Most Read from BloombergDemocrats Weigh Mid-July Vote to Formally ...

Posted on 02/07/2024

MtGox Gusher Dampens Bitcoin; Billionaire Cohen Abandons Crypto VC

Exchange that closed in 2014 to begin returning bitcoin to customers; market slumps. Met's owner exits crypto venture capital.

Posted on 02/07/2024

Taxes for crypto investors are about to get easier – but it’s also getting easier for the IRS to know what’s happening

The U.S. Internal Revenue Service and Treasury Department have finalized long-awaited rules for brokers tracking the proceeds of crypto investors who ...

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