Bitcoin
Stripe cuts 300 jobs in product, engineering and operations
The Stripe logo on a smartphone with U.S. dollar banknotes in the background. Budrul Chukrut | SOPA Images | LightRocket via Getty Images Stripe cut 300 jobs, representing about 3.5% of its workforce, mostly in product, engineering and operations, CNBC has confirmed. The payments company, valued at about $70 billion in the private markets, still […]
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Trump’s SEC launching ‘crypto task force’ to develop clear regulations for industry
Mark Uyeda, commissioner at the US Securities and Exchange Commission (SEC), speaks during the 2024 Financial Markets Quality Conference at Georgetown University in Washington, DC, US, on Tuesday, Sept. 17, 2024. Al Drago | Bloomberg | Getty Images The Trump administration took its first steps Tuesday toward an expected lowering of regulatory barriers for cryptocurrency. […]
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Bank of America CEO says financial industry will jump into crypto payments if regulators allow it
Bank of America CEO Brian Moynihan said Tuesday that the U.S. banking industry will embrace cryptocurrencies for payments if regulators allow it. The head of the second largest U.S. bank by assets was asked by CNBC’s Andrew Ross Sorkin about how the industry’s approach to crypto could change given President Donald Trump’s enthusiasm for digital […]
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Trump’s crypto-frenzied inauguration weekend makes first family billions of dollars richer
Snoop Dogg was the lead act at the first-ever Crypto Inaugural Ball held in Washington on Friday evening MacKenzie Sigalos As the crypto industry celebrates the arrival of a new administration in Washington, D.C., nobody is taking quicker advantage of the coming changes than the person leading the charge: President Donald J. Trump. On Friday […]
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Bitcoin jumps to new record above $109,000 as traders cheer Trump inauguration, meme coins
Jakub Porzycki | Nurphoto | Getty Images Bitcoin hit a new all-time high overnight after the incoming first couple launched a pair of meme coins and as traders await the inauguration of incoming President Donald Trump. On Monday the flagship cryptocurrency was last higher by nearly 1% at $106,622.54, according to Coin Metrics. Earlier, it […]
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Crypto firm Digital Currency Group to pay SEC $38.5 million for misleading investors
Barry Silbert, founder and chief executive officer of Digital Currency Group Inc., speaks during the Skybridge Alternatives (SALT) conference in Las Vegas, Nevada, U.S., on Thursday, May 9, 2019. Bloomberg | Bloomberg | Getty Images Digital Currency Group, the crypto firm founded by Barry Silbert, and the former executive of a defunct unit are paying […]
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Bitcoin gains as Trump reportedly plans crypto executive order
Jakub Porzycki | Nurphoto | Getty Images Bitcoin rejoined the crypto rally on Friday amid reports that President-elect Donald Trump could release an executive order making crypto a national priority as soon as day 1 of his new term. The price of the flagship cryptocurrency was last higher by nearly 2% at $102,639.13, according to […]
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Trump and bitcoin: BlackRock predicts another historic year for crypto
ETF Edge Trump and bitcoin: BlackRock predicts another historic year for crypto Published Thu, Jan 16 20256:30 PM ESTUpdated 18 Min Ago Krysta Escobar WATCH LIVE Source
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Small-cap crypto rallies ahead of Trump inauguration, bitcoin trades near $100,000
Jakub Porzycki | Nurphoto | Getty Images Cryptocurrencies jumped on Thursday as investor appetite shifted to smaller, higher risk coins ahead of President-elect Donald Trump’s inauguration. XRP and litecoin were among the biggest movers, up 13% and 22%, respectively, according to Coin Metrics. The CoinDesk 20 index, a broad crypto market benchmark, gained nearly 5%. Meanwhile, […]
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Brooklyn trio raises $10 million for startup that wants to help open-source developers get paid
Sam Ragsdale, Ryan Sproule, and Mason Hall have raised $10 million in a seed funding round co-led by Andreessen Horowitz’s crypto fund and Blockchain Capital. Sam Ragsdale Inside the Domino Sugar Refinery in Brooklyn, a 19th century landmark perched on the banks of the East River, three engineers have transformed 3,000 square feet of the […]
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