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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Japanese stock markets opened slightly lower, with Nikkei 225 dropping 0.07 percent to 17,379.75.
The U.S. dollar is nearing a 3-month high against the yen on hopes that the Fed will increase rates this year. The U.S. dollar rose 0.2 percent against the Japanese yen to 104.63 yen in Tokyo.
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West Texas Intermediate for December delivery rose 3 cents to trade at $49.21 per barrel on the NYMEX, while Brent for December settlement slipped 4 cents to $49.94 per barrel on the ICE Futures Europe exchange.
South Korean company Samsung’s operating profit for the third quarter dropped around 30 percent to 5.2 trillion won ($4.5 billion), mostly in line with estimates. Samsung's mobile revenue dipped 96 percent year-over-year to 100 billion won. Samsung shares rose around 0.5 percent in morning trade.
The Tokyo Consumer Price Index and the National Consumer Price Index for September will be released at 23:30 GMT, while data on Japan’s unemployment rate and Jobs/applicants ratio for September will be released at 23:30 GMT. The overall household spending report for September is schedule for release at 23:30 GMT.
Top market movers among the Nikkei 225 constituents are as follows:
- Shares of IHI Corp (7013: TYO) gained 4.12 percent to 278.00 JPY.
- Advantest Corp (6857: TYO) shares rose around 3 percent to 1,413.00 JPY.
- Central Japan Railway Co (9022: TYO) shares increased to 17,985.00 JPY.
- Mitsui OSK Lines Ltd (9104: TYO) shares fell 2.4 percent to 244.00 JPY
- Alps Electric Co Ltd (6770: TYO) shares dropped over 2 percent to 2,516.00 JPY.
- Casio Computer Co Ltd (6952: TYO) declined 1.8 percent to 1,477.00 JPY.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.