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Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet


Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. dollar. Srinivasan paid a total of $1.5 million, more than the initially committed $1 million, with two-thirds of...

Institutional investors call for more clarity, per a Coinbase Survey


The US was once a technological hub. Now, it was once a technology. In other words, there are other regions gaining dominance in the segment. While it is not exactly the fault of the US, there is a sector where the country needs to tighten its grip. The digital asset industry is growing faster...

Japan’s Inflation Surges to 3.5% as New BOJ Governor Takes the Helm


This week, the Statistics Bureau of Japan unveiled the latest core consumer price index (CPI) report for the country, revealing a surge to 3.5%. This figure comes as a surprise to analysts who had predicted a more modest 2.9% for the end of the quarter. It’s worth noting that Japan’s...

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