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U.S. Isn't Buying More Crypto, Bessent Says — WSJ

U.S. Isn't Buying More Crypto, Bessent Says — WSJ

By Joseph De AvilaTreasury Secretary Scott Bessent said the U.S. doesn't plan to acquire more crypto assets for its bitcoin reserve. "We've also started to get into the 21st century, a bitcoin strategic reserve. We're not going to be buying that, but we are going to use confiscated assets and contin…

TeraWulf Stock Soars 43% on Google-Backed AI Hosting Deal — Barrons.com

TeraWulf Stock Soars 43% on Google-Backed AI Hosting Deal — Barrons.com

By Mackenzie TatananniShares of TeraWulf surged Thursday after Alphabet's Google took a stake in the Bitcoin mining company as part of a lengthy artificial-intelligence hosting deal.TeraWulf said it landed two 10-year agreements with AI cloud platform Fluidstack. The deal comprises around $3.7 billi…

Deribit Joins Coinbase: Unlocking the Future of Global Crypto Derivatives

Deribit Joins Coinbase: Unlocking the Future of Global Crypto Derivatives

Remote-First-Company/SAN DIEGO--(BUSINESS WIRE)--August 14, 2025--Coinbase Global, Inc. (the "Company" or "Coinbase") has closed its acquisition of Deribit, officially making Coinbase the most comprehensive global crypto derivatives platform. This acquisition comes on the heels of a record month of …

Bitcoin Falls After Record High as Ethererum Drops. What's Hitting Cryptos. — Barrons.com

Bitcoin Falls After Record High as Ethererum Drops. What's Hitting Cryptos. — Barrons.com

By Adam ClarkBitcoin and other cryptocurrencies were mixed on Thursday following data showing hotter-than-expected inflation in wholesale prices.Bitcoin hit a new high of above $124,000 overnight, but the largest cryptocurrency has now fallen back from its peak. Bitcoin's price was up 0.6% over the …

New York Times business news - August 13

New York Times business news - August 13

The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- In an unlikely bid that shows the growing brashness of young artificial intelligence companies, the AI start-up Perplexity has made an unsolicited of…

Bitcoin Rally May See Big August Tailwind, Set Record Highs — Barrons.com

Bitcoin Rally May See Big August Tailwind, Set Record Highs — Barrons.com

Martin BaccardaxBitcoin prices are powering higher again Monday, taking the world's biggest digital currency closer to the record set last month. Investors are also eyeing key regulatory changes and a benchmark initial public offering later in the week that could extend Bitcoin's extraordinary eight…

Empery Digital Acquires 18 Additional BTC and Now Holds Over 4,018 BTC

Empery Digital Acquires 18 Additional BTC and Now Holds Over 4,018 BTC

(12:00 GMT) *Empery Digital Acquires 18 Additional BTC And Now Holds Over 4,018 BTC >EMPD (12:01 GMT) *Empery Digital Announces Exploration of Borrowing Facility to Support Opportunistic Shr Repurchases Below Net Asset Value >EMPD (12:01 GMT) *Empery Digital Acquired Additional 17.51 BTC for $2M Sin…

MicroStrategy Stock Rises. It Bought a Lot Less Bitcoin Than Usual. — Barrons.com

MicroStrategy Stock Rises. It Bought a Lot Less Bitcoin Than Usual. — Barrons.com

By George GloverCrypto stocks were racking up gains ahead of Monday's opening bell, boosted by a Bitcoin price surge and a slew of positive regulatory developments.Shares in MicroStrategy — the largest corporate Bitcoin holder — were up 2.5% to $404.94 in premarket trading. The company disclosed on …

BitMine Immersion Technologies Shares Rise on Large Ethereum Holding

BitMine Immersion Technologies Shares Rise on Large Ethereum Holding

By Adriano MarcheseBitMine Immersion Technologies shares rose Monday after the company said it held a large holding of ethereum cryptocurrency in reserve.Shares were recently trading 14% higher at $58.63.The cryptocurrency network company, which focuses on ethereum and bitcoin, said it held about 1.…

Global Markets Inch Up Ahead of Data-Heavy Week

Global Markets Inch Up Ahead of Data-Heavy Week

By Dow Jones Newswires StaffGlobal stock markets rose modestly early on Monday, tracking U.S. stock futures. The dollar was broadly steady while U.S. Treasury yields edged lower ahead of U.S. inflation data for July on Tuesday. Weekly jobless claims data are due Thursday, followed by retail sales fo…

Gold and bitcoin are both vying to be safe havens for investors. Why gold is winning so far this year.

Gold and bitcoin are both vying to be safe havens for investors. Why gold is winning so far this year.

By Frances YueTariff confusion gave gold to another record FridayGold futures scored another record high, extending their lead over bitcoin this year and reinforcing the precious metal's status as the go-to safe haven in uncertain times, despite some volatility on Friday.While both assets have ralli…

Bitcoin, Private Equity, and Other Alt Investments Are Coming for Your 401(k). What Could Go Wrong? — Barrons.com

Bitcoin, Private Equity, and Other Alt Investments Are Coming for Your 401(k). What Could Go Wrong? — Barrons.com

By Elizabeth O'BrienThe Trump administration has opened the door for alternative assets in retirement plans, but investors should proceed with caution.On Thursday, President Donald Trump signed an executive order allowing investors access to alternative assets like private equity and cryptocurrency …