Crypto News
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Chinese police arrested six people involved in using cryptocurrency to provide an illegal currency conversion operation that handled some 2.14 billion yuan ($296 million), according to a China News Service report published on Weixin. The "underground bank" was uncovered by the Public Security Bureau of Panshi City, Jilin, the state-owned news service said. ...
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The Bank of Japan fell further behind its global peers on efforts to promote gender equality as it returned to an all male lineup of executive directors after reshuffling its senior positions. Tokiko Shimizu, the central bank’s first and only female director, will be replaced by Kazushige Kamiyama after finishing a four-year term, the BOJ said Monday. All ...
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When the yield curve flattens and eventually inverts, you worry. But it’s when a recession hits, the Fed cuts rates and the curve steepens that you become s**t scared. Yield curve dynamics represent a crucial macro variable, as they inform us on today’s borrowing conditions and on the market future expectations for growth and inflation. An inverted yield ...
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Crypto market cap on Monday stands at $2.2 trillion, down 5.2% over seven days, although it showed some growth over the weekend. Local market capitalisation peaked on March 14th, but the active decline began about a month ago, with a sequence of lower lows and lower highs. During the previous week, the crypto market held near the upper boundary of the ...
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Kato is described as a "ruling party heavyweight". He is a former chief cabinet secretary and is seen by some analysts as a candidate to become future prime minister. Kato spoke with Reuters: • Japan is seeing conditions fall in place for the central bank to normalise monetary policy. • Bank of Japan must keep a close eye on economic conditions and ...
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Nothing has been setting the US bond market’s direction this year more than the monthly inflation figures. This week will be no exception. The release of the April consumer-price ...
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video Tomorrow's budget will predict inflation under 3 per cent by Christmas, but also a slower-than-expected economy, as the federal government battles competing tasks of ...
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China plans to start selling the first batch of its 1 trillion yuan ($138 billion) of ultra-long special central government bonds on Friday, according to people familiar with the ...
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Kato is described as a "ruling party heavyweight". He is a former chief cabinet secretary and is seen by some analysts as a candidate to become future prime minister. Kato spoke ...
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In the week ending May 4, the advance figure for seasonally adjusted initial claims was 231,000, an increase of 22,000 from the previous week's revised level. The previous week's ...
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Dogecoin price snapped its three-day losing streak on Monday as it traded at $0.143 after gaining 1.5 percent in the intraday session. The meme coin has been on a downtrend for the last one week and its weekly losses stand at 13 percent as of this writing. In a market that has been on an extended downturn since late March, Dogecoin signaled a return to the ...
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Bitcoin initially tried to rally during the trading session on Friday but has since fallen apart. Part of this is due to the fact that the University of Michigan consumer sentiment number in the United States came out much weaker than anticipated. I think at this point in time, people are basically selling anything they have gains in to cover other ...
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Grayscale Investments’s first-quarter revenue was flat after the issuer of the world’s largest cryptocurrency investment vehicle decided to hold the line on fees for its flagship Bitcoin exchange-traded fund. The operator of the Grayscale Bitcoin Trust had $156 million in revenue, little changed from the fourth quarter, according to a shareholder letter ...