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Former Japanese Prime Minister Abe Shot Dead During Campaign Speech

The politician was the country's longest-serving prime minister.

Updated May 11, 2023, 4:43 p.m. Published Jul 8, 2022, 10:27 a.m.
Former Japanese Prime Minister Shinzo Abe was pronounced dead on Friday. (Kent Nishimura/Getty Images)
Former Japanese Prime Minister Shinzo Abe was pronounced dead on Friday. (Kent Nishimura/Getty Images)

Former Japanese Prime Minister Shinzo Abe was assassinated earlier Friday during a campaign speech in Nara, a city in the western part of Japan.

  • Local broadcaster NHK reported Abe was shot in the chest and a male suspect was detained at the scene.
  • Abe served as prime minister of Japan and president of the Liberal Democratic Party from 2006 to 2007 and again from 2012 to 2020.
  • He was known for his aggressive financial and economic policies, dubbed “Abenomics,” which relied on monetary easing and strong fiscal policies to aid growth and development among the country's aging population.
  • U.S. premarket equity index futures dropped following the reports. S&P 500 futures fell 0.36% and Nasdaq 100 futures dropped 0.50%. In Europe, the Stoxx Europe 600 pared gains.

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KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

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  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
  • Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
  • Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.

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XRP's 9% surge leads crypto as bitcoin climbs to 6-week high near $95,000

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Bakkt, Figure and Hut 8 were among numerous crypto-related stocks posting double-digit percentage gains.

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  • Bitcoin jumped more than 3% on Monday to its highest level since mid-November, nearing the key $95,000 mark.
  • XRP led the crypto rally with a 9% gain after breaking resistance on strong volume.
  • It's a good start to 2026, but bitcoin isn't out of the woods yet, said one analyst.