The weak yen is putting pressure on the Bank of Japan to tighten monetary policy, analysts say, although it is not expected to hike its main interest rate when it wraps up a two-day meeting on Friday.
Asia markets set to rise ahead of Bank of Japan’s rate decision; Tokyo inflation falls more than expected
The BOJ is expected to hold its benchmark policy rate at 0%-0.1%, but investors will look if the bank addresses the weakening yen.
Morning Bid: Bank of Japan Center Stage, US Tech Supports
Asia's market spotlight on Friday falls on the Bank of Japan's policy announcement, as the cat-and-mouse game of when or if Tokyo intervenes in the currency market continues, and investors digest the ...
Bitcoin Surges Globally, Yen Hits Record Low Against Cryptocurrency
In a stunning financial shift, the Japanese yen has reached a 34-year low against Bitcoin, which also hit all-time highs in 14 countries, fueled by optimism surrounding new spot Bitcoin ETFs. Yen Hits ...
Japan’s Hayashi: Won’t comment on forex levels or forex intervention
Won't comment on forex levels or forex intervention. Important for currencies to move in stable manner reflecting fundamentals. Rapid FX moves undesirable. Closely watching FX moves. Will be ready to ...
After 6-year hiatus, Stripe to start taking crypto payments, starting with USDC stablecoin
The company announced that it would start to let customers accept cryptocurrency payments, starting with USDC stablecoins, initially only on Solana, Ethereum and Polygon ...
Crypto Isn’t Just “Becoming Institutionalized” – It’s Offering New Blueprints for Traditional Finance
The institutionalization of crypto is undoubtedly the headline story of this bull market. This isn’t just a one-way street - we’re seeing signs that features and functionality of the digital asset ...
SEC sued over Ethereum, crypto firm asks court to state token is not a security
The lawsuit was filed by MetaMask maker Consensys, which is seeking an injunction to block the SEC from investigating Ethereum.
Crypto firm Consensys sues US SEC over Ethereum regulation
Consensys has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) tied to the regulation of the Ethereum blockchain, the crypto firm said on Thursday. The regulation of the ...
The New IRS Crypto Form Brings Hidden Challenges For Taxpayers
Form 1099-DA is meant to help the IRS identify tax dodgers. Its implementation next year could create complications.
The Memecoin ‘Casino’ Undermines Crypto’s Long-Term Prospects: A16z
The Chief Technical Officer at one of the biggest and most influential venture capital firms active in the crypto and blockchain space wasn't pulling any punches when he decided to publicly criticize ...
Japanese stocks due for more upside, Nikkei seen at 45,000- UBS
Investing.com-- Japanese stocks are expected to strengthen in the coming months with the Nikkei 225 set to hit new record highs this year, UBS analysts wrote in a note, citing optimism over progress ...
Japanese FX Intervention: Primed And Ready
Markets are on high alert Now that USD/JPY has glided through the 155 level, markets are now on high alert for Japanese FX intervention. Recall t ...
Japan’s Nikkei falls 2% after 3-day rally; tech stocks lead decline
Japan's Nikkei share average fell 2% on Thursday after a three-session rally, with technology stocks leading the retreat, while investors waited for a Bank of Japan policy decision on Friday for further direction.
As Institutional ETPs Push BTC Higher, The Crypto Ecosystem Needs A Revival
While institutions have influenced crypto’s mainstream adoption, the crypto industry must build on its core values of inclusion, transparency, privacy and decentralization.
Japan Nikkei tumbles 2.16% on profit taking
The 225-issue Nikkei Stock Average index fell by 831.60 points, or 2.16%, to finish at 37,628.48. The broader Topix index of all First Section issues on the Tokyo Stock Exchange stumbled 47.20 points,