CoinShares has predicted a significant rise in Bitcoin yield-focused solutions for 2025, highlighting a shift in how companies utilize cryptocurrency.
SEC Seeks Industry Feedback on NYSE’s Request To List Bitwise Bitcoin and Ethereum ETF
The U.S. Securities and Exchange Commission (SEC) has moved NYSE Arca’s request to list the Bitwise Bitcoin and Ethereum ETF to the next stage by seeking feedback from the industry.
Cryptocurrency Market Soars: Bitcoin Hits $100,000 While Ethereum, Solana and XRP Record Gains
Bitcoin has once again surged past the $100,000 mark, trading at around $100,500 following the release of U.S. Consumer Price Index (CPI) data for November.
Australia orders $5.1 million fine on Kraken crypto exchange operator
The Australian Securities and Investments Commission (ASIC) initiated civil proceedings last year against Bit Trade, which operates the Kraken exchange in Australia, for failing to comply with rules for its margin trading product. ASIC said that Bit Trade failed to determine the right customers for the margin trading product, resulting in losses of more than $5 million.
Vancouver City Council Passes Pro-Bitcoin Motion Citing Fiat Challenges
The motion calls for the integration of bitcoin into Vancouver's financial strategies, including establishing a bitcoin reserve.
President Trump Boosts Crypto Speculation as Ethereum Wallet Holdings are Released
Trump’s crypto strategy could turn the government from a skeptic to a major Bitcoin holder.
Treasuries Volatility Slumps Near 3-Year Low as Fed Bets Align
(Bloomberg) -- Swings in the US Treasury market have cooled off with the presidential election in the rearview mirror and as investors become more convinced that the Federal Reserve will cut interest rates.Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersHong Kong's Expat Party Hub Reshaped by Chinese InfluxAmerican Institute of Architects CEO ResignsCity Hall Is HiringCloud Computing Tax Threatens Chicago’s Silicon Valley DreamA closely watched measure of expected
Bitcoin Bolstered by Pro-Crypto Contender to Lead US Agency CFTC
(Bloomberg) -- Bitcoin traded around the $100,000 level, supported by further signs that proponents of the cryptocurrency sector will help to shape US financial regulations under President-elect Donald Trump.Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersHong Kong's Expat Party Hub Reshaped by Chinese InfluxAmerican Institute of Architects CEO ResignsCity Hall Is HiringCloud Computing Tax Threatens Chicago’s Silicon Valley DreamIn the latest development, Brian Qu
Andreessen Crypto Policy Lead Quintenz in Running for CFTC Chair
(Bloomberg) -- Brian Quintenz has emerged as a top contender to lead the Commodity Futures Trading Commission on what could be a dramatic shift in crypto regulation under President-elect Donald Trump.Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersHong Kong's Expat Party Hub Reshaped by Chinese InfluxAmerican Institute of Architects CEO ResignsCity Hall Is HiringCloud Computing Tax Threatens Chicago’s Silicon Valley DreamQuintenz, a former Republican CFTC commissi
Tame US inflation boosts S&P 500, Nasdaq rallies above 20,000
NEW YORK (Reuters) -Wall Street's benchmark S&P 500 index rose on Wednesday and a rally in tech stocks lifted the Nasdaq above the 20,000-point milestone for the first time, after a U.S. inflation report boosted expectations of a Federal Reserve interest rate cut. The Dow Jones Industrial Average dipped, dragged by health insurers as U.S. lawmakers introduced a bill seen as crimping their profits. Five of the 11 major S&P 500 sectors advanced, led by gains in communication services, technology and consumer discretionary services.