When the SEC opened the door in January for bitcoin exchange-traded funds to hit the mainstream, many traditional financial institutions across Wall Street and beyond finally had the opportunity to buy into crypto. Since then, money has poured in, but in fits and starts.
On Wednesday, banks and hedge funds with more...
Elections matter for investors, and presidential elections matter a lot. Their outcomes determine the agenda in Washington, D.C. for the subsequent four years.
As usual, the Democratic and Republican nominees for U.S. President have very different agendas they'd like to pursue. Would Kamala Harris or Donald Trump be better for...
Eric Schmidt, who led Google for a decade, told Stanford students that, while he’s not one to give investment advice, he sees an obvious play in the stock market that doesn’t involve buying shares of his former employer.
Schmidt said, in a video that was posted by Stanford this week and subsequently...
The equity market has been on a tear and what is more remarkable is its strong rebound from the mayhem seen on Aug. 5. Former White House Communications Director Anthony Scaramucci on Thursday commented about the strong comeback by the market,...
Several days of mostly quiet price action came to a fast end during U.S. trading hours Thursday afternoon, with cryptocurrencies suddenly plunging and sending bitcoin (BTC) to its weakest level since just after the early August market panic.
Coinbase, the world’s second-largest cryptocurrency exchange, could significantly boost the adoption of Bitcoin-native decentralized finance (DeFi).
The exchange has recently teased the development of a new Wrapped Bitcoin (BTC), called Coinbase BTC (cbBTC), creating widespread excitement among crypto...
Eric Schmidt, who led Google for a decade, told Stanford students that, while he’s not one to give investment advice, he sees an obvious play in the stock market that doesn’t involve buying shares of his former employer.
Schmidt...
Japanese investment data on Friday confirmed what the sliding yen had been pointing to all week, that after a scary burst of turmoil global investors were back to betting on the Bank of Japan going slow on rate rises and on the yen staying cheap.
Japanese investors ploughed the most...
Stablecoin supply has been growing in U.S. dollar terms, but the expansion doesn't mean it's taking over crypto market share; rather, it is mainly an indication of the increase in total digital asset market cap, JPMorgan (JPM) said in a research report on Wednesday.
A stablecoin is a type of cryptocurrency that's normally pegged...
Bitmex co-founder Arthur Hayes predicts bitcoin will reach $100K by late 2024 and could hit $1 million by 2025. He attributes this to U.S. Treasury liquidity injections and anticipates a “glorious” crypto bull market in 2025. Hayes has outlined various factors driving explosive growth in bitcoin and broader financial...