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Stablecoins racked up several milestones this week as regulatory framework nears
President Donald Trump’s crypto bank launched a stablecoin this week , but tha’s not the only first in the flourishing sector worth watching. It may have been a bad week for crypto prices — bitcoin posted its first three-week decline of the year and ether dropped 5% in the week, its fifth weekly loss in […]
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SEC will keep $50 million of Ripple fine and refund the rest to wrap case, legal officer says
Jakub Porzycki | Nurphoto | Getty Images Ripple and the U.S. Securities and Exchange Commission have reached an agreement to end their long-running legal battle. Following last week’s news that the SEC would drop its appeal without conditions, Ripple has now agreed to withdraw its cross-appeal, Chief Legal Officer Stuart Alderoty said on X Tuesday. […]
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Stocks making the biggest moves midday: Tesla, Azek, Visa, Boeing and more
Check out the companies making headlines in midday trading. Tesla — The electric vehicle maker popped more than 9%, making it the top performer in the S & P 500. The megacap tech stock and retail investor favorite is coming off nine straight down weeks, its longest ever weekly decline. Azek — The outdoor product […]
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As Binance works toward redemption, CEO says Trump has been ‘fantastic’ for crypto
Richard Teng, chief executive officer of Binance Holdings Ltd., at an event hosted by the Foreign Correspondents Association in Singapore, on Tuesday, Sept. 17, 2024. Ore Huiying | Bloomberg | Getty Images Binance CEO Richard Teng says the Trump administration has been a “fantastic” reset for the cryptocurrency industry. “It’s an extremely different environment that […]
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Crypto’s long battle with SEC comes to a close with Ripple victory
Brad Garlinghouse, CEO of Ripple, speaks at the 2022 Milken Institute Global Conference in Beverly Hills, California, U.S., May 4, 2022. Mike Blake | Reuters The Securities and Exchange Commission’s years-long crusade against the crypto industry appears to be over. The final chapter closed on Wednesday, when Ripple announced that the SEC had officially dropped […]
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Crypto super PACs pump cash into Florida as GOP faces risk of thinning House majority
Florida CFO Jimmy Patronis delivers remarks before Gov. Ron DeSantis took to the stage during his Don’t Tread on Florida Tour in Sarasota on Nov. 6, ahead of the Nov. 8 midterm election, 2022. Tiffany Tompkins | Bradenton Herald | Tribune News Service | Getty Images Fresh off its victories in the 2024 election cycle, […]
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Bitcoin and ether slide as the Fed’s rate decision looms: CNBC Crypto World
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email On today’s show, major cryptocurrencies fall ahead of the Federal Reserve’s decision on rates. Plus, President Trump’s World Liberty Financial crypto project said it sold $550 million in tokens, while the SEC’s acting chief said the agency’s considering dropping a crypto asset […]
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David Sacks sold $200 million in crypto-related holdings before taking White House job, ethics memo says
U.S. President Donald Trump sits next to Crypto czar David Sacks at the White House Crypto Summit at the White House in Washington, D.C., U.S., March 7, 2025. Evelyn Hockstein | Reuters David Sacks, the Trump administration’s AI and crypto czar, sold over $200 million worth of digital asset-related investments personally and through his firm, […]
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Fintech stocks plummet as Wall Street worries about consumer spending, credit
People wait in line for T-shirts at a pop-up kiosk for the online brokerage Robinhood along Wall Street after the company went public with an initial public offering earlier in the day on July 29, 2021 in New York City. Spencer Platt | Getty Images It was a bad day for tech stocks, and a […]
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Bitcoin falls to November low under $80,000 on heightened recession fears
CFOTO | Future Publishing | Getty Images Bitcoin dropped under the $80,000 level on Monday, dragged by the continued selling pressure in the equities market. The price of the flagship cryptocurrency was last lower by 5% at $78,714.96, its lowest level since November, according to Coin Metrics. Stock Chart IconStock chart icon Bitcoin in the […]
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