PayPal bullish on crypto, launches dollar-backed stablecoin
PayPal on Monday rolled out a U.S.-dollar back stablecoin PayPal USD (PYUSD), becoming the first major fintech firm to introduce a digital currency for payments and transfers.
'Bitcoin Bonnie and Clyde' plead guilty to money laundering hacked crypto
A husband-and-wife team dubbed "Bitcoin Bonnie and Clyde" pleaded guilty Thursday to laundering money hacked from cryptocurrency exchange Bitfinex in 2016.
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.
BlackRock's Bitcoin spot ETF will ‘democratize’ crypto: CEO Larry Fink
BlackRock CEO Larry Fink says investors are at a disadvantage without a proper Bitcoin exchange-traded-fund and his firm is hoping the SEC will feel the same way.
Bitcoin faithful embrace $31,000 level, new high
Bitcoin and cryptos got some love this week from a few of the financial world's biggest players, giving digital assets fresh tailwinds even amid a tougher regulatory overhang.
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.
Sam Bankman-Fried judge weighing two separate trials for FTX founder
FTX founder and former CEO Sam Bankman-Fried was in Manhattan federal court Thursday, where a federal judge heard arguments on whether he should face two separate trials.
Cryptocurrencies drop following week of regulatory crackdown
Bitcoin and Ethereum lost at least 3% Saturday morning following a week that saw two exchanges sued by the SEC and another delist several tokens.
Binance.US suspends USD deposits after regulators crackdown
Binance.US, an arm of the world's largest crypto exchange, announced on Thursday in a tweet, that it would be suspending U.S. dollar deposits.
'Biden Bucks stop here': DeSantis touts Florida's digital currency ban, warns of 'cashless society'
The team for Florida Gov. Ron DeSantis released a new video that touts the governor signing legislation to ban the use of a central bank digital currency.
What is ‘cash stuffing’ and how does it work?
Cash stuffing is one way to effectively budget and avoid costly credit card debt. This new spin on a classic budgeting technique helps to track spending.
Could the US dollar lose its reserve currency status to China?
China's rise and recent trade talks with Brazil and Saudi Arabia have fueled renewed speculation about the renminbi dethroning the U.S. dollar as the world's reserve currency.
Warren Buffett criticizes bitcoin, says it 'doesn't have any intrinsic value'
Berkshire Hathaway CEO Warren Buffett recently offered up his opinion on bitcoin, appearing to criticize it while talking to CNBC. He said it "doesn't have any intrinsic value."
Bank of America clients withdraw $2.3B from US securities
A note from bank strategist Jill Carey Hall says Bank of America clients sold roughly $2.3 billion in U.S. equities last week.
Bitcoin jumps above $30,000
Bitcoin is at its highest level in 10 months breaching the $30,000 marker ahead of Wednesday’s March consumer price index (CPI) data from the Labor Department and subsequent response from the U.S. Federal Reserve
Binance's US arm struggles to find a banking partner: report
Binance is shopping to find a banking partner since the two financial institutions it used failed in the recent crisis leaving them unable to handle its customers' cash.
King Dollar still looks safe from the yuan
The share of U.S. dollars in foreign-exchange reserves of global central banks has slipped in recent years, but it still accounts for nearly 60% of the total.
Dollar bull market to end as Fed tempers rate hikes: strategists
Amid a banking crisis and the hawkish Fed strategy to raise interest rates and cool inflation, the U.S. dollar is predicted to weaken further in 2023.
China, Malaysia to discuss Asian Monetary Fund to reduce dependence on US dollar
Malaysia and China are open to creating an Asian Monetary Fund to reduce U.S. dollar dependency.