Bitcoin, ether, stablecoins, CBDCs and the regulated edge of digital money.
83 report(s) in the archive
The Clarity Act, the industry's top legislative priority, collapsed after last-minute disputes tied to conflict-of-interest concerns around President Trump.
The Senate split over Trump ethics concerns, killing the crypto market-structure legislation the industry had spent record sums lobbying for.
The Clarity Act has not secured enough support to clear its first scheduled Senate procedural hurdle, with both parties holding firm.
The Clarity Act, a bill meant to set clear market-structure rules for crypto, is short of the votes needed to clear its first Senate hurdle absent a late turnaround.
Bitcoin fell to $76,200 ahead of a Clarity Act vote and this week's Fed meeting, while long-term borrowing costs reached levels last seen before the financial crisis.
Treasury yields climbed to their highest since 2007 during the September 15 session, coinciding with rising oil prices and a bitcoin slide to $76,200 ahead of a pending Clarity Act vote and the Federal Reserve's meeting.
Crude gained and bitcoin slid below $80,000 as the U.S. Navy targeted Iranian crude carriers, with one report flagging $120 a barrel as a possible next stop.
Bitcoin dropped below $80,000 in the session as U.S. strikes on Iranian crude carriers pushed oil higher and stoked expectations the Federal Reserve could still hike rates.
A hotter-than-expected payrolls print pressured bitcoin-linked stocks and gold miners, with a September 15 catalyst now in focus.
Gold miners and bitcoin-related stocks fell after a strong August jobs report reduced expectations for near-term Fed easing.
Traders point to cooling expectations of further rate hikes and rising hopes for friendlier crypto regulation as the drivers behind the move.
Bitcoin rose above $81,000 as investors grew less worried about additional rate hikes and more optimistic about regulatory treatment of crypto.
One bitcoin now buys roughly 18 ounces of gold even as the two hard assets climb together on debt-debasement fears.
Bitcoin traded back above $81,000 and pulled further ahead of gold in relative terms, with the bitcoin-to-gold ratio at its highest since January.
The fintech's deal ties its banking infrastructure and stablecoin directly to the crypto exchange.
SoFi Technologies has struck a deal connecting its banking network and stablecoin to Kraken, deepening the fintech's push into crypto infrastructure.
Every major cryptocurrency fell over the past 24 hours as fresh strikes near the Strait of Hormuz pushed energy prices higher and hit risk assets broadly.
High-beta crypto tokens gave up roughly triple what bitcoin lost as oil traded near $90 following renewed US-Iran strikes.
Historically bitcoin's worst month collides this year with fresh hawkish Fed signals and rising bond yields.
CoinDesk reported that bitcoin enters September, historically its weakest month, at the same time rate-hike risk from the Federal Reserve is rising, a combination it labeled 'Rektember.'
BofA, Rosenblatt and Morgan Stanley all raised targets this week, citing AI-driven growth and, for Robinhood, upside independent of crypto trading.
Morgan Stanley raised its Robinhood price target from $124 to $150, implying a 43% gain from current levels, while BofA lifted Microsoft's target to $600 and Rosenblatt raised Snowflake's to $345.
Crude rose and equities fell on the Gulf missile exchange, but bitcoin barely moved, keeping its spot as August's best-performing major asset.
Oil climbed and stocks fell after US strikes on Iran, but bitcoin held steady, underscoring a split reaction across asset classes.
The divergence comes as Japan's yen weakened again despite a $97 billion intervention effort, a currency move some are watching for spillover into risk assets like bitcoin.
US bitcoin ETFs broke a nine-day streak of inflows even as ether ETFs kept extending their own run, a split that comes alongside renewed yen weakness despite $97 billion in aid.
Strategy's chairman hints at his company's first bitcoin purchase in two months just as bitcoin dominance climbs above 60%, even as analysts keep warning about treasury-company structures.
Bitcoin's rebound toward $79,000 has coincided with bitcoin's share of total crypto market value climbing above 60%, but coverage from The Motley Fool says bitcoin treasury companies still carry serious red flags.
H.C. Wainwright reiterated a Buy rating and $90 price target on AI revenue growth, even as analysts flag the strategy shift as high-risk.
H.C. Wainwright reiterated its Buy rating on IREN with a $90 price target, citing growing AI revenue, while independent analysis calls the stock's pivot from bitcoin mining to AI cloud computing a high-risk, high-reward bet.
A US-exchange price premium that had been negative for months flipped positive, a signal some traders read as returning US demand.
Bitcoin held above $80,000 and the Coinbase premium indicator turned positive for the first time since May, while solana led major tokens higher.
The chipmaker's results and outlook lifted technology stocks broadly and pulled bitcoin higher in the same session.
Nvidia shares rose 8% after an earnings beat and strong outlook, and the move spilled over into bitcoin and AI infrastructure names.
The rally coincided with fresh US sanctions targeting Iran, a pairing that has previously driven safe-haven flows into crypto.
Bitcoin reached its highest level in three months after the US Treasury announced new sanctions on Iran.
Options traders spent $2.9 million wagering on a fast move higher, even as some analysts flag the rally as overbought.
Bitcoin traded above $80,000 after a 25%-plus weekly gain, with $2.9 million in options bets targeting a rapid push past $82,000.
Treasury Secretary Scott Bessent's push on the $1 trillion bond market has not lowered yields, and investors are instead bidding up scarce assets like gold and bitcoin.
Gold and bitcoin gained as Treasury yields failed to fall despite Bessent's efforts, pushing investors toward assets seen as scarce.