FOMO has sent the Wall Street Pepe presale past $65.6 million, bringing a $100 million valuation into view. It might sell out in 10 days.
US stocks climbed on Thursday in a choppy trading session as Wall Street weighed earnings from major tech giants and digested fresh economic data. The S&P 500 gained 0.7%, while the Nasdaq Composite rose 0.
Tesla missed Wall Street’s fourth-quarter earnings estimates despite being helped by a gain in the company’s bitcoin holdings. Shares rose anyway in late trading as nothing really changed in the outlook for self-driving cars and new EV models designed to boost growth.
Either MicroStrategy’s Michael Saylor is a visionary, or he’s a delusional egomaniac,” Forbes observed in 1998, during the company’s first incarnation as a Wall Street highflyer.
After years of lobbying by the crypto industry, the U.S. Securities and Exchange Commission has rescinded an accounting rule that forced banks to treat bitcoin and other tokens as a liability on their balance sheets.
Bitcoin’s four-year boom-bust cycle could be shaken up as Wall Street has a clearer path to adopt crypto after Donald Trump’s executive order, says Bitwise’s Matt Hougan.
President Donald Trump issued an executive order that could change Bitcoin's typical four-year market cycle, which has seen periods of growth followed by sharp downturns.
The cryptocurrency market is showing signs of recovery as anticipation builds around the Federal Reserve’s upcoming rate decision.
Alongside record profits, USDT issuer Tether also reported Friday it now holds over $143 billion in reserve assets to back the stablecoin.
Tether has undeniably played a pivotal role in bridging traditional finance with the digital currency world. However, its associations with illicit activities and concerns about transparency may pose systemic risks.
As crypto ETFs filings surged after Gensler's exit, we reflect on the performance of Bitcoin ETFs one year after their approval by the SEC.
Ethereum used to be seen as the most likely challenger to Bitcoin’s status as the preeminent cryptocurrency, and the one best positioned to make the blockchain a more useful technology.Most Read from BloombergWhat Happened to Hanging Out on the Street?