Weak US economic data could push Fed into making rapid interest rate cuts
Nasdaq falls into correction as traders bet Federal Reserve will have to cut rates more rapidly
Plus, updates on ether ETFs and Bybit
Earnings uplift from weak currency might not last much longer
Bank of Japan’s interest rate increase catches Tokyo market by surprise
And crypto regulation
Tacit acknowledgment of this by the country’s central bank signals a shift to more honest thinking
Big tech libertarians see crypto as a way of blowing up the Fed
Japanese central bank plans to halve monthly bond purchases as it tightens monetary policy
Being a force for stability is a tough ask for a volatile asset
Cryptocurrency market backs former president after ‘brutal assault’ under Biden administration
Tokenisation could allow payments to be embedded more efficiently and deeply into our increasingly digital economy
Foreign exchange reform will remove market distortions but some analysts fear it will stoke inflation
Candidate tells bitcoin enthusiasts he would ensure rules are written by people ‘who love’ cryptocurrencies
Traders braced for further volatility in currency ahead of knife-edge Bank of Japan meeting
Vice-president’s team aims to improve relations after industry criticism of Biden administration
If the former president returns to the White House, he might find it a hard task
Plus, updates on ether ETFs and Coinbase
Analysts warn that devaluing the currency would be shortlived
The link between the Japanese currency and Silicon Valley stocks seems more than a coincidence
Penalty for exchange’s payments unit is first enforcement action by FCA against a firm enabling crypto trading
Bigly moves
Debut not as large as bitcoin ETF launch but in line with expectations
Move underlines progress in country’s $1tn economy since pivot to more conventional monetary policy
Sacked ‘whistleblowers’ launch California court action against Europe’s biggest bitcoin-miner-turned-AI-datacentre-builder
