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The U.S. dollar pulled off an 11-week low versus major peers on Wednesday, helped by a rebound in short-term Treasury yields even as a run of weak economic data weighed on investor sentiment. The Canadian dollar slipped to a two-week low and the Mexican peso was weaker with a new round of from …
By Paul R. La MonicaSo much for Donald Trump being the crypto industry's favorite president. But the Bitcoin selloff opens up a window for investors to scoop up crypto-related stocks that are suddenly on sale.Since Inauguration Day, Bitcoin prices have tumbled more than 20% from an all-time high jus…
The U.S. dollar sagged near an 11-week low against its major peers on Wednesday, under pressure from sliding short-term Treasury yields after a run of weak economic data.The safe-haven yen strengthened towards its highest level since October with investor sentiment fragile amid the threat of new…
Grayscale Investments, a crypto asset-management company looking to add XRP and Cardano exchange-traded funds to its offerings, is now starting down the route for an ETF investing in Polkadot's DOT token as well. Nasdaq has filed a formal Form 19b-4 request with the U.S. Securities and Exchange Comm…
U.S. stock index futures edged lower on Tuesday after chip and megacap stocks lagged, with AI leader Nvidia down a day before its quarterly results, as investor concerns over the Trump administration's trade policies dampened market sentiment. ** Li Auto Inc :** NIO Inc :** Xpeng Inc :BUZZ - Li Au…
By Katy Barnato and Hannah Erin LangInvestors appear on edge early Tuesday, with geopolitics in the spotlight. Stocks swung between small losses and gains, while Treasury prices rose and cryptocurrencies sold off.The U.S. won backing Monday for a United Nations resolution on the Ukraine war that doe…
Like thousands of his countrymen in far-flung places, flower-shop owner Ashish Nagose has been learning about trading cryptocurrencies by attending classes every weekday for the past two months in his home city of Nagpur in western India.Nagose bought and sold stock options earlier but is now ve…
FTX Token (FTT), the native token of crypto exchange FTX, briefly spiked 30% as former FTX CEO Sam Bankman-Fried posted on X for the first time in two years.In his first post since being sentenced to 25 years behind bars over the FTX collapse, Bankman-Fried said in a Feb. 25 post he had a lot of sym…
Lawmakers in South Dakota’s legislature deferred a vote that could have allowed the US state to invest in Bitcoin — effectively killing the bill.In a Feb. 24 meeting of the state’s House Commerce and Energy Committee, the majority of lawmakers present voted to defer HB 1202 to the 41st day of South …
Mackenzie TatananniMicroStrategy, the Bitcoin investment company now doing business as Strategy, revealed in a regulatory filing Monday that it had continued buying more of the cryptocurrency.MicroStrategy disclosed in a form filed with the U.S. Securities and Exchange Commission that it had bought …
By Mackenzie TatananniSince crossing the $100,000 mark for the first time in late 2024, Bitcoin has largely traded sideways. That is an "extremely healthy" sign for the world's largest cryptocurrency, according to ARK Investment Management CEO Cathie Wood."We would not want the market to continue st…
Pardoned Silk Road creator Ross Ulbricht is asking for clemency for Roger Ver, also known as Bitcoin Jesus, who is facing a possible decades-long prison sentence for alleged tax evasion.In a Feb. 20 statement to X, the recently freed Ulbricht said Ver advocated for him while he was imprisoned and no…