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Coinbase reveals healthy revenue growth, profit in listing application with SEC
(Reuters) - Coinbase Global Inc on Thursday disclosed its regulatory filing to go public, revealing surging revenue growth and healthy earnings and setting the stage for a landmark stock market listing for the U.S. cryptocurrency exchange.
Nvidia sales surge as it struggles to keep gaming chips in stock
(Reuters) - Nvidia Corp forecast better-than-expected fiscal first-quarter revenue on Wednesday, with its flagship gaming chips expected to remain in tight supply for the next several months.
Bitcoin bet sparks rally at Japan’s brokerage
TOKYO: One Japanese financial firm is riding the crypto wave like no other.
New law to stem money laundering, terrorism financing
THE country will approve a regulation to stem money laundering and terrorism financing by requiring fintech players to report suspicious transactions.
Powell says economy still needs Fed support, pushes back on inflation worries
WASHINGTON: Federal Reserve Chair Jerome Powell, pushing back on suggestions that loose monetary policy risked unleashing inflation and financial risks in what may be an emerging economic boom, said the central bank would keep its attention focused on getting Americans back to work as a vaccine-related recovery proceeds.
GLOBAL MARKETS-Stocks rebound on Powell policy remarks
NEW YORK: A gauge of global equity markets rebounded in a late-session rally on Tuesday after U.S. Federal Reserve Chair Jerome Powell calmed fears of rising interest rates that have roiled bonds and helped spur assets linked to expectations of a strong recovery.
Investors jolted by sinking Bitcoin, Tesla and other market favorites
LONDON/NEW YORK (Reuters) - Bitcoin, shares of Tesla and a high-flying exchange traded fund (ETF) fell on Tuesday, retreating from recent rallies in a volatile session that gave investors a gut check.
Elon Musk loses US$15bil in a day after bitcoin warning
NEW YORK: Elon Musk is no longer the world’s richest person after Tesla Inc shares slid 8.6% on Monday, wiping US$15.2bil from his net worth.
Thailand plans new curbs on cryptocurrency
BANGKOK: Thailand plans to introduce new rules to curb individuals’ cryptocurrency trading after a surge in inflows from young people sparked concern from regulators.
Bitcoin slumps below $50,000 as caution sweeps over crypto rally
BITCOIN slid Tuesday after a bout of volatility highlighted lingering doubts about the durability of the token’s mesmerising rally.
