China has long been home to more than half the world’s bitcoin miners, but now, Beijing wants them out ASAP.  In May, the government called for a severe crackdown on bitcoin mining and trading, setting off what’s being dubbed in crypto circles...
More and more, investors are wondering whether the Federal Reserve will tweak its monetary policy toolkit to help out money markets that are starting to drown in a sea of cash. The Fed’s existing facilities have helped alleviate the...
Billionaire investor Mark Cuban is very bullish on the future of DeFi, or decentralized finance, and DAOs, or decentralized autonomous organizations. “There are a lot of financial institutions that should be concerned,” Cuban wrote in a blog post on...
Bitcoin’s price hopped over $40,000 on Monday following bullish comments by billionaire hedge fund manager Paul Tudor Jones. “I like bitcoin as a portfolio diversifier. Everybody asks me what should I do with my bitcoin? The only thing I...
Treasury yields are flat on Tuesday morning as investors anticipate what the Fed will say in its two-day policy meeting, which kicks off later in the day. The yield on the benchmark 10-year Treasury note dipped less than a...
Bitcoin dropped below $40,000 (£28,410) on Tuesday morning even as a survey showed hedge funds interest is on the up and billionaire venture capitalist Tim Draper said he is sticking by his prediction that the cryptocurrency will reach $250,000 by the end...
Shares in Asia-Pacific were mixed in Monday morning trade, with multiple major markets in the region closed for holidays. The Nikkei 225 in Japan rose 0.35% in early trade while the Topix index gained 0.16%. South Korea’s Kospi dipped...
It may be a memecoin, but its results are no joke. There hasn't been a more divisive cryptocurrency than Dogecoin this year. Some crypto enthusiasts can't stand all the attention it gets compared to more useful coins. Others, including Dogecoin superfan Elon...
Tesla CEO Elon Musk on Sunday said the company will resume bitcoin transactions once it confirms there is reasonable clean energy usage by miners. “When there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend,...
When the FBI successfully breached a crypto wallet held by the Colonial Pipeline hackers by following the money trail on bitcoin’s blockchain, it was a wake-up call for any cyber criminals who thought transacting in cryptocurrency automatically protected them from scrutiny.
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