News

Crypto Currents: SEC dismisses civil enforcement action against Coinbase

As bitcoin, ethereum and other cryptocurrencies get increasing attention from investors, Wall Street and its traditional banks continue to adjust to the shift. Catch up on this week’s top stories highlighting the intersection of these old guard and new school areas of finance with this recap compiled by The Fly. SEC DISMISSES CIVIL ENFORCEMENT ACTION AGAINST COINBASE: The Securities and Exchange Commission announced Thursday that the Commission has filed a joint stipulation with Coinbase (COIN)

Here Are All the Reasons Why Bitcoin Has Plunged From a Record

(Bloomberg) -- Attempts to decipher exactly what’s driving the price of Bitcoin are often tricky endeavors, with multiple offsetting catalysts in the mix. Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global Stadium Race With New $4 Billion Sports ParkNJ Transit to Deploy Customer-Service Teams After Record DelaysThat see

Trump will host crypto summit at the White House March 7

(Bloomberg) -- President Donald Trump will preside over the White House’s first cryptocurrency summit next Friday, further establishing his embrace of the industry.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global Stadium Race With New $4 Billion Sp

Should You Buy Bitcoin While It's Under $90,000?

Bitcoin (CRYPTO: BTC) investors were taken on quite a ride in 2024. The historic rise was driven in large part by a major shift in investor sentiment: More and more, Bitcoin is seen as a legitimate part of a well-balanced portfolio. Last year began with a crucial development in Bitcoin's ascendance: the approval of spot Bitcoin exchange-traded funds (ETFs).