Cryptocurrencies nursed large losses on Friday, with bitcoin pinned below $30,000 and set for a record losing streak as the collapse of TerraUSD, a so-called stablecoin, rippled through markets. ( read original story ...)
Price of cryptocurrencies crash during crypto sell-off
A massive sell-off of cryptocurrency erased more than $200 billion from the crypto market in a single day with the price of Bitcoin plunging to its lowest level in 16 months. NBC News’ Priscilla ... ( read original story ...)
Stablecoin Crash: Why Are Crypto Markets In Trouble?
Bitcoin, the bellwether for the crypto market, took a beating this week. Blame the stablecoins. On Thursday, Bitcoin hit a 52-week low, slumping to $25,402, a level not seen since December 2020. The ... ( read original story ...)
Nomura offers its first bitcoin derivatives, just as crypto markets tumble
Nomura has begun offering bitcoin over-the-counter derivatives to clients, it said Friday, the latest move by a traditional financial institution into the cryptocurrency industry, even as markets are ... ( read original story ...)
Robinhood shares surged over 30% after crypto billionaire Sam Bankman-Fried disclosed a 7.6% stake in the trading platform
Sam Bankman-Fried acquired about 56.3 million shares in Robinhood Markets through his firm, Emergent Fidelity Technologies, according to an SEC filing. ( read original story ...)
Bitcoin plunges below $27,000, erases 2021 gains as crypto sell-off intensifies
Bitcoin slumped below $27,000 Thursday for the first time in over 16 months, as cryptocurrency markets extended their losses amid fears over rising inflation and the collapse of a ... ( read original story ...)
URGENT: Nikkei index extends gains in morning, up over 2%
The Nikkei index surged Friday morning, briefly gaining over 2 percent, as the market was supported by some upbeat earnings from Japanese companies as well as bargain-hunting after the benchmark fell ... ( read original story ...)
Japan April Consumer Inflation Seen Exceeding Central Bank’s 2% Goal: Reuters Poll
TOKYO (Reuters) - Japan's core consumer inflation in April is expected be slightly higher than the central bank's 2% target, hitting a seven-year peak as sharp climbs in fuel and global commodity ... ( read original story ...)
Pokémon Go Fest: Sapporo Tickets Are Now On Sale
Niantic has announced the next area for Pokemon Go Fest 2022. It'll be at Nakajima Park in Sapporo, Japan, from August 5-7. Players who purchase tickets will be able to participate in both Nakajima ... ( read original story ...)
Japan’s finance minister warns sharp yen moves undesirable
Japanese Finance Minister Shunichi Suzuki said on Friday recent sharp yen moves were undesirable, repeating his warning to markets against pushing down the currency too much. ( read original story ...)
Rate Hike Bets Build in Japan, Despite BOJ Easy Money Insistence
Tokyo’s money market traders are doubling down on their bets on Bank of Japan rate hikes in the future, even as officials insist they will stick to super-easy policy. ( read original story ...)
Beer and sushi prices soar as Japan struggles with inflation
Chef Koseki’s hands are a blur as he produces plate after plate of sushi for the lunchtime regulars filling the stools at the downtown Tokyo restaurant where he has worked for 20 years. The conveyor ... ( read original story ...)
Here’s What Makes Japan’s Futuristic City So Smart
Japan's Woven City has been highlighted as a smart city that could inspire the future. The United Nations Sustainable Development Goal 11 calls for governments to build or transform cities to be ... ( read original story ...)
Japan finmin Suzuki says it’s wrong to assume BOJ will buy bonds indefinitely
Japanese Finance Minister Shunichi Suzuki said on Friday it was inappropriate to guide fiscal policy on the assumption the central bank will keep buying government bonds indefinitely. TOKYO, May 13 ... ( read original story ...)
Japan’s Suzuki: Will continue to watch FX, price moves carefully
When asked about the recent yen price movements, Japanese Finance Minister Shunichi Suzuki reiterated ... the author has no position in any stock mentioned in this article and no business relationship ... ( read original story ...)
A Tokyo Olympics diving judge says she was left in tears after a Chinese official screamed in her face
New Zealander Lisa Wright claims she was attacked by FINA's vice-president Zhou Jihong for allegedly underscoring Chinese divers. ( read original story ...)