How nontraditional thinkers are winning big in the world of crypto
Unconventional investors thrive in crypto, proving success isn’t bound by traditional financial expertise.
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Why Bitcoin’s institutional acceptance marks a new era for crypto
Institutional embrace of Bitcoin signals a turning point for cryptocurrency’s future in traditional markets.
Trump’s pro-crypto cabinet sparks optimism in Bitcoin and blockchain future
A pro-crypto administration signals regulatory changes poised to reshape the blockchain and digital asset industries.
US bankers cautious on crypto despite expected regulatory easing
U.S. bankers struck a cautious tone on cryptocurrencies at the Reuters NEXT conference in New York this week, despite expectations that friendlier rules under President-elect Donald Trump will pave the way for lenders to expand into digital assets. Trump courted crypto campaign dollars with promises to be a "crypto president" and end the Biden administration's crackdown on the sector, but banks are nevertheless unlikely to rush head-first into the volatile asset, bankers said. "The regulatory framework has to evolve ... and everyone's speculating as to how that regulatory framework will evolve, but it's still unclear," said Goldman Sachs Chief Executive David Solomon.
Italy to backtrack on increasing crypto taxes, report says
A previous proposal looked at increasing the capital gains tax on crypto from 26% to 42%.
Why Bitcoin, Ethereum, and Dogecoin Popped Today
Bitcoin (CRYPTO: BTC) is once again trading above $100,000, which is a critical psychological level for traders. As of 3 p.m. ET, in the past 24 hours alone, Bitcoin is up 5.3%, Ethereum (CRYPTO: ETH) has jumped 5.2%, and Dogecoin (CRYPTO: DOGE) is up 7.9%. The Bureau of Labor Statistics announced this morning the closely watched Consumer Price Index (CPI) was up 2.7% from a year ago, 0.1% higher than in October, but in line with estimates.
MicroStrategy’s Bitcoin Play Raises Questions About Nasdaq 100 Inclusion
(Bloomberg) -- Michael Saylor’s MicroStrategy Inc. checks all the boxes for inclusion in the Nasdaq 100 Index, a development that would trigger purchases of the shares by the $451 billion worth of exchange-traded funds around the world that directly track the benchmark.Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersHong Kong's Expat Party Hub Reshaped by Chinese InfluxAmerican Institute of Architects CEO ResignsCity Hall Is HiringCloud Computing Tax Threatens Chi