Stock indexes were lower on Friday while the U.S. dollar fell to multi-month lows against the euro and yen as data showed the U.S. economy created fewer jobs than expected last month.U.S. 10-year Treasury yields also declined, with the jobs repor
US President Donald Trump’s cryptocurrency project has generated at least $350 million in revenue from the launch of the Official Trump (TRUMP) memecoin, according to an analysis by the Financial Times.Entities involved in operating the TRUMP memecoi
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Bitcoin analysts are signaling limited upside potential for the cryptocurrency following disappointment over US President Donald Trump’s Strategic Bitcoin Reserve plan, which did not involve direct government purchases of Bitcoin, contrary to some ex
Treasury Secretary Scott Bessent said Bitcoin acquisition plans are in discussion and the government will evaluate the path forward. Speaking on CNBC's Squawk Box on Friday, Bessent shared his perspective on President Trump's recent order to establis
Investors are rooting around today figuring out what crypto to buy, after President Trump’s Bitcoin executive order mandated no new federal government crypto purchases.Instead, the proposed US Strategic Bitcoin Reserve will contain Bitcoin seized fro
Decentralized exchange aggregator 1inch lost $5 million in cryptocurrency when a hacker exploited a smart contract vulnerability, the platform confirmed.On March 5, 1inch identified a vulnerability affecting resolvers — entities that fill orders — us
Court: S.D. New York Case: 1:20-cv-02809President Donald Trump will meet with cryptocurrency executives, including Robinhood CEO Vlad Tenev, Coinbase CEO Brian Armstrong, and Ripple CEO Brad Garlinghouse, to discuss regulatory policies and the crea
Court: S.D. Florida Case: 1:23-md-03076President Donald Trump will host key crypto executives, including Coinbase CEO Brian Armstrong and Robinhood CEO Vlad Tenev, to discuss regulatory plans and a U.S. strategic crypto reserve.Meanwhile, investors
Morning Bid U.S.What matters in U.S. and global markets todayBy , Editor-At-Large, Financial Industry and Financial MarketsIn my Friday newsletters, I'll now offer you an overview of the day's market-moving news, a quick glimpse into some top events
U.S. President Donald Trump’s recent executive order to establish a Strategic Bitcoin Reserve has ignited fierce debate across crypto communities and traditional finance.Prominent American economist and Bitcoin skeptic Peter Schiff is arguing that th
Today in crypto, US President Donald Trump has signed an executive order establishing a Strategic Bitcoin Reserve and a Digital Asset Stockpile, with analysts now suggesting Bitcoin is “no longer an outsider” among global financial assets, and the Te
US Treasury Secretary Scott Bessent recently called for bringing Bitcoin onshore and said he would discuss the next steps for possibly acquiring more BTC at the White House Crypto Summit on March 7.Bessent appeared in a CNBC interview and criticized
Bitcoin is not a company, nor is it a brand. It has no official spokesperson. Satoshi Nakamoto, the pseudonymous creator, remains an enigma, and while prominent figures like Michael Saylor and Jack Dorsey champion the cause, Bitcoin is, at its core,
The first-ever White House Crypto Summit takes place today, Friday, March 7. A bevy of industry powerplayers are participating, and while the agenda has yet to be announced, the conversation will undoubtedly include the National Crypto Reserve, the D
Standard Chartered’s Geoff Kendrick has highlighted a potential strategy for funding the newly established U.S. Strategic Bitcoin Reserve (SBR) in a budget-neutral manner — selling a portion of the country’s vast gold reserves to buy bitcoin.“The nex
The Bitcoin price dropped sharply lower following the introduction of a strategic Bitcoin reserve in the U.S. The reserve will contain roughly 200,000 coins that have been confiscated by the government. The price of the cryptocurrency plunged after t
Bitcoin plunged approximately 6% after US President Donald Trump signed an executive order to establish a Strategic Bitcoin Reserve.Market participants had hoped the government would announce a plan to buy more Bitcoin , but Trump’s crypto tsar David
Bitcoin slid sharply after U.S. President Donald Trump signed an executive order today to establish a Strategic Bitcoin Reserve.Bitcoin fell to around $85,400 from $90,200 on Thursday night after White House AI and Crypto Czar David Sacks posted abou
Bitcoin has plunged approximately 6% after US President Donald Trump signed an executive order to establish a Strategic Bitcoin Reserve.Market participants had hoped the government would announce a plan to buy more Bitcoin (BTC), but Trump’s crypto t