Analysis: Cryptocurrencies

US FTC refers complaint about Snapchat use of AI chatbot to Justice Department

WASHINGTON -The U.S. Federal Trade Commission said on Thursday it has referred to the Justice Department a complaint against Snap Inc., that alleges its messaging app Snapchat used an artificial...

Is bitcoin price heading for a correction?

Since the beginning of the year, BTC has regained volatility, mostly on the downside. After reaching a lower high of $103,800 on January 6 and a lower low of $89,500 on January 13, it might be poised...

IBIT, MSTR Draw Different Investor Types: BlackRock's Mitchnick

BlackRock Head of Digital Assets Robert Mitchnick compares BlackRocks's IBIT and MicroStrategy's MSTR and says they draw different investor types. He speaks with Sonali Basak and Tim Stenovec on...

Starting to See More Wealth Advisors in Crypto: BlackRock's Mitchnick

It's been just over a year since BlackRock's iShares Bitcoin Trust ETF launched and became one of the most successful beginnings for an ETF in history. BlackRock's head of digital assets, Robert...

Sygnum hits $1 billion valuation after latest funding round

Crypto-focused bank Sygnum secured a valuation of $1 billion after raising $58 million in its latest funding round, it said on Tuesday. The round was backed by bitcoin-focused venture...

Thailand's Thaksin bullish on legalising online gambling, crypto

Thailand's political heavyweight Thaksin Shinawatra believes Southeast Asia's second largest economy should push to legalise online gambling, which he said could net the government as much as 100...

US Supreme Court rejects Binance's bid to avoid crypto lawsuit

The U.S. Supreme Court turned away on Monday a bid by Binance and founder Changpeng Zhao to avoid a lawsuit by investors who accused the world's largest cryptocurrency exchange of illegally selling...

European Central Bank joins Bluesky, rival to Elon Musk's X

The European Central Bank began posting on the Bluesky micro-blogging platform on Monday, joining a rival to Elon Musk's X just as the U.S. billionaire ramps up his political campaigning in Europe. ...

Potential Trump pick to lead bank regulator signals lighter rulewriting touch

The potential next head of a U.S. banking regulator laid out a sweeping plan on Friday to adopt a lighter touch on the banking industry on matters ranging from capital to cryptocurrency. ...

Ethereum: The blockchain enters a new dimension in 2025 - Crypto Recap

What if ether was about to take off? With decisive updates such as Dencun and Pectra, Ethereum is equipping itself to meet the needs of the crypto sphere. Enhanced scalability, optimized staking and...

Dollar gains extend ahead of US jobs reading

The dollar looked set to extend its longest weekly winning streak in over a year on Friday, underpinned by rising bond yields and expectations of another strong set of U.S. jobs numbers. ...

AI and Web3: key trends and tokens that marked 2024

The year 2024 witnessed an explosive rise in AI-related protocols, with their tokens appreciating by an impressive 550% by year's end. Established trends like providing decentralized infrastructure...

Adding More Exchanges for RLUSD 'Imminently': Ripple CEO

Ripple President Monica Long expects to see their new stablecoin RLUSD on more platforms 'imminently' and says we will see an XRP ETF soon. She speaks with Sonali Basak and Tim Stenovec on...

Gemini agrees to $5 million fine, injunction over CFTC charges, filing shows

NEW YORK -Gemini Trust Company agreed to pay a civil penalty of $5 million to settle U.S. Commodity Futures Trading Commission charges in connection with statements it made in connection with its...

Former crypto executive Do Kwon due in US court on criminal fraud charges

Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, was set to appear in U.S. court on Thursday to face criminal fraud...

The Digital Chamber CEO on Trump Admin's Crypto Impact

The Digital Chamber CEO Perianne Boring discusses her outlook for crypto and the Trump administration's impact on crypto regulation. She speaks with Romaine Bostick and Emily Graffeo on Bloomberg...

Russia is using bitcoin in foreign trade, finance minister says

Russian companies have begun using bitcoin and other digital currencies in international payments following legislative changes that allowed such use in order to counter Western sanctions, Finance...

Exclusive-US plans to blacklist company that ordered TSMC chip found in Huawei processor -- source

The Biden administration plans to blacklist a Chinese company whose TSMC-made chip was illegally incorporated into a Huawei AI processor, according to a person familiar with the matter. ...

Russia's Nabiullina on rate decision, rouble and monetary policy

Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin addressed a news conference on Friday after the central bank unexpectedly held its key rate at 21%. ...