Gen Z is ditching traditional investments for classic cars, sneakers and wine
A new report published by Bank of America found that younger investors are ditching traditional stocks and bonds in favor of rare collectibles and crypto.
'Bond King' Bill Gross sells rare 'Z' Grill stamp for $4.4M
The "Z" Grill stamp features Benjamin Franklin, and it’s one of the two of its kind that exist. The other stamp is owned by the New York Public Library.
Bitcoin ETF blowout wows even BlackRock's Larry Fink
Spot bitcoin ETFs are on fire, with investors pouring billions into the funds — surprising even the most seasoned Wall Street bigwigs, such as BlackRock CEO Larry Fink.
Bitcoin tops $60K, racing toward all-time high
Bitcoin is on a roll as prior investors return to the crypto, while a new crop piles into the asset via spot ETFs recently approved by the Securities and Exchange Commission.
Queen Elizabeth and Marilyn Monroe, plus Walt Disney, Tupac, other rare photos up for auction: See the shots
Goldin Auctions announced its first pop culture Type 1 photography collection, with original images of the royal family, music and movie icons, and historic moments. Check out these pix.
Former Binance CEO Changpeng Zhao must stay in US for time being, judge says
Former Binance chief Changpeng Zhao will remain in U.S., a federal judge said on Monday, after the founder of the world's largest cryptocurrency exchange plead guilty for laundering.
Rare US stamp 'Inverted Jenny' sells for record $2M
An rare stamp known as the “Inverted Jenny," was purchased on Wednesday for a record setting $2 million. The stamp depicts an upside-down aircraft.
Former NYSE president in talks to reboot FTX exchange
Former New York Stock Exchange President Tom Farley is among three suitors vying to buy the remnants of FTX, as the auction for the collapsed crypto exchange reaches its final stages.
Robinhood misses third-quarter revenue estimates on muted trading activity
Robinhood Markets reported quarterly results and said it missed Wall Street estimates for third-quarter revenue, weighed by a slowdown in trading activity.
Bitcoin nearly 1-year after FTX's collapse
Before FTX's collapse, and in the weeks following, Bitcoin prices saw extreme volatility to the downside but have since clawed their way back due to a number of factors unrelated to the bankruptcy.
Author dishes on FTX founder's payments to Tom Brady, Steph Curry
Author Michael Lewis revealed how much Tom Brady and Steph Curry were paid by FTX founder Sam Bankman-Fried.
Luxury watch market demand boosted by younger generation of buyers
Luxury watch sales are a $75 billion market, with secondhand sales making up 30% of that, according to data from the Boston Consulting Group. It continues to grow as demand increases.
Bitcoin on track to challenge U.S. dollar?
Despite a recent dip, Draper Associates founder Tim Draper says bitcoin is beginning to separate itself from other cryptocurrencies and digital assets.
Bitcoin on road to $120,000 by end of 2024
Bitcoin could reach $50,000 this year and $120,000 by the end of 2024 as crypto miners begin stockpiling the digital asset, according to Standard Chartered.
Supreme Court rules in favor of Coinbase in arbitration clash
The U.S. Supreme Court on Friday ruled in favor of Coinbase's efforts to stop customer lawsuits while appealing to move the proceedings out of courts and into private arbitration.
Blackrock files for bitcoin ETF with SEC
With digital assets entangled in regulation scrutiny, Blackrock filed with the SEC for a bitcoin exchange-traded fund (ETF) to expose more investors to cryptocurrency.
Bitcoin slides to $25K after Fed meeting
The price of Bitcoin and Ethereum are falling after the U.S. Federal Reserve announced on Wednesday that additional interest rate hikes were on the way in 2023.
Senate Democrats ask DOJ to investigate Binance statements to lawmakers
Sens. Elizabeth Warren and Chris Van Hollen asked the Justice Department to investigate crypto exchange Binance about whether it made false statements to U.S. lawmakers.
Binance, Coinbase CEOs' fortunes take hit after SEC crypto lawsuits
Binance CEO Changpeng Zhao and Coinbase Chief Executive Brian Armstrong have lost money since the SEC filed lawsuits against both companies earlier this week.
Yellen says more crypto regulation 'would be appropriate'
Treasury Secretary Janet Yellen said on Wednesday that regulation "would be appropriate" in the crypto industry and she supports regulatory oversight.