Crypto giant Celsius is freezing out users as it tries to solve a mammoth lending crisis. So what happens if money in the bank isn’t really there? ( read original story ...)
Singapore to grant in-principle approval to three crypto companies
The Monetary Authority of Singapore will issue in-principle approvals to Crypto.com and 2 other crypto firms to provide digital payment token services in the city. ( read original story ...)
3 reasons why the Bank of Japan won’t intervene to stop the yen’s decline
The Bank of Japan is unlikely to intervene and stop the yen's decline. Here are three reasons why the yen's slide will continue. ( read original story ...)
Crypto downturn fuels questions over industry’s future
The market value of most cryptocurrencies has plummeted over the last few months, leaving investors reeling. The steep fall amid a wider market dip poses risks for the future of crypto assets and ... ( read original story ...)
Crypto winter is coming, with companies announcing more than 1,700 layoffs so far in June alone
Last year, when the cryptocurrency market boomed, some crypto exchanges shelled out millions to expand their market share. ( read original story ...)
The Fire Burning Beneath Crypto’s Meltdown
Are bitcoin and other crypto tokens crashing because of the usual excesses that accompany advances in finance? Or do they have the sort of fundamental flaws that will see them as historical relics? ( read original story ...)
Crypto giant Tether to launch sterling-pegged stablecoin
Major crypto firm Tether said on Wednesday it will launch next month a "stablecoin" pegged to the British pound, a move that comes as London draws up plans to regulate the fast-growing type of digital ... ( read original story ...)
Japan’s Nikkei falls on recession worries; U.S. stock futures drag
Most other Asian equity markets fell, including a 1.45% decline for Hong Kong's Hang Seng and a 0.51% slide for mainland Chinese blue chips.The Nikkei share average fell 0.37% to 26,149.55, after ... ( read original story ...)
Stock rally fizzles on revived inflation fears
TOKYO, June 22 (Reuters) - Asian stocks slipped across the board ... Updated undefined ago European Markets Bahrain's Mumtalakat eyes possible IPO for McLaren in next few years, article with image ... ( read original story ...)
Japan’s Nikkei sheds early gains as US stock futures slide
TOKYO: Japan’s Nikkei index shed early gains to trade flat by the midday break on Wednesday, as simmering worries about the risk of a recession pushed US stock futures lower after big overnight gains ... ( read original story ...)
Mind Bank of Japan
Inflation is likely to remain very high so there is definitely still a lot of pressure on the Bank of England to hike the Bank Rate further despite concerns about the economic outlook. Simultaneously ... ( read original story ...)
Asian stocks down in volatile trade; MSCI shares outside Japan, Nikkei up over 1%
MSCI's broadest index of Asia-Pacific shares outside Japan fell 1%, but was still up 1.39% on the more than five-week low it hit on Monday. ( read original story ...)
Japan’s SMFG Plans to Buy 10% Stake in SBI Worth Over $443 Million -Nikkei
Inc is in final talks to acquire 10% of online financial giant SBI Holdings Inc in a deal likely worth over 60 billion yen ($443 million), the Nikkei business daily reported on Tuesday. The deal, ... ( read original story ...)
‘People Are Scared’—Crypto Braced For A Fresh Fed Earthquake After $2 Trillion Bitcoin And Ethereum Price Crash
Fried, the billionaire chief executive of crypto exchange FTX, has blamed the Fed for the bitcoin and crypto price crash and warned people are ... ( read original story ...)
Elon Musk says he never told people to invest in crypto. Here’s what he has said.
With the entire cryptocurrency market currently tanking and major crypto firms becoming insolvent, one would think Elon Musk might reflect on some of his recent statements with a little contrition. ( read original story ...)
Crypto Weekly: DeFi deflates
STORY: This is Crypto Weekly, with your top stories on alternative currencies. This week, bitcoin takes another battering, and why DeFi is deflating. Bitcoin is under pressure again. Over the weekend ... ( read original story ...)