Bitcoin/USD Coin Metrics
PayPal introduces 3.7% yield on stablecoin balances to boost payments activity
Close up of a woman’s hand paying with her smartphone in a cafe, scan and pay a bill on a card machine making a quick and easy contactless payment. D3sign | Moment | Getty Images PayPal and Venmo users will soon be able to earn yield on their stablecoin holdings, the company said Wednesday. Customers […]
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Bitcoin retakes $90,000 as investors see it as alternative to diving dollar and turbulent stocks
Bitcoin reclaimed the $90,000 level for the first time since March as investors jumped into the crypto for a second day amid continued stock market turbulence and a falling dollar. The price of bitcoin was last higher by about 5% at $91,605.01, according to Coin Metrics, bringing its 2-day gain to more than 8%. Earlier, […]
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Stablecoins to hit $2 trillion in the next three years and spur demand for Treasurys, says Standard Chartered
Stablecoin legislation could fuel an explosion in the supply of the cryptocurrencies whose value is pegged to an external asset, spurring demand for U.S. Treasurys and helping support the dominance of the U.S. dollar, according to analysts at Standard Chartered. Stablecoin assets – most of which are backed by Treasury bills – could grow to […]
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Apple, Google, Cash App alums ditch Big Tech to build on bitcoin, fueled by VC money and friendly White House
AUSTIN — On a Friday morning last spring, Mark Suman called out sick from his job as a senior engineering project manager at Apple and made his way downtown to a place called the Bitcoin Commons, a sort of clubhouse for enthusiasts of the world’s largest cryptocurrency, situated a few blocks south of the Texas […]
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CNBC Daily Open: Cool CPI is of no comfort to investors as stock rally peters out
A trader works during the closing bell on the floor of the New York Stock Exchange on April 10, 2025. Jeenah Moon | Reuters Remember when inflation readings were the headline news of the day, and were as feverishly anticipated by investors as Nvidia earnings reports? CNBC Daily Open remembers. If Thursday’s consumer price index […]
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Bitcoin to hit $250,000 this year and Magnificent 7 to adopt stablecoins, Cardano founder predicts
Bitcoin could hit $250,000 as early as this year with technology giants such as Microsoft and Apple entering the cryptocurrency space, industry veteran and founder of the Cardano blockchain Charles Hoskinson told CNBC. Crypto markets have been hammered amid a sell-off of risk assets stoked by U.S. President Donald Trump’s “reciprocal tariffs” on countries across […]
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Bitcoin surges more than 7% in broad market relief rally as Trump pauses some tariffs
Jakub Porzycki | Nurphoto | Getty Images Bitcoin spiked on Wednesday afternoon after President Donald Trump said on social media that he authorized a 90-day pause on tariffs. The price of the flagship cryptocurrency was last higher by more than 7% at $82,350.37, according to Coin Metrics. Earlier, it fell as low as $74,567.02 as […]
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Why bitcoin is showing ‘impressive’ resilience through tariff tumult, according to Bernstein
While recession fears and uncertainty about President Donald Trump’s tariff plans have taken stocks for a ride, bitcoin’s resilience through it all “has been nothing but impressive,” according to Bernstein. Bitcoin lost about 7% from last Thursday — the day after Trump revealed his sweeping tariffs plan — to this Monday. During the same period, […]
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Bitcoin drops Sunday evening as cryptocurrencies join global market rout
Jakub Porzycki | Nurphoto | Getty Images Bitcoin fell below the $79,000 level as investors braced for more financial market volatility after U.S. equites suffered their worst decline since 2020 on the rollout of President Donald Trump’s restrictive global tariffs. The price of bitcoin was last lower by 4% at $78,835.07, according to Coin Metrics, […]
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For bitcoin bulls who self-custody crypto, the global risks are growing
Whether to buy cryptocurrency as a long-term holding may be the biggest decision an investor interested in digital assets has to make, but where to store crypto like bitcoin can become the most consequential. Following the wildfires earlier this year in California, social media posts began to appear with claims of bitcoin losses, with some […]
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