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The blame this time can't be laid on macro jitters, as stocks are up big again, with the Nasdaq and S&P 500 both more than erasing early August declines.

Goldman Sachs has bet heavily on BlackRock’s iShares Bitcoin Trust, which has garnered significant institutional interest from Wall Street.

The Bored Ape Yacht Club collection topped the NFT market with significant sales, outperforming other collections and blockchains.

(Bloomberg) -- Hedge funds, pensions and banks continued to lavish capital into exchange-traded funds that invest directly in Bitcoin, as more traditional investors embrace the asset class that US regulators begrudgingly helped push into the mainstream at the beginning of the year.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Warehouse Store Promises Housing for South LA, in BulkBiden Invests $100 Million

South Korea's National Pension Service (NPS) has revealed investments in cryptocurrency-related companies with a multi-million dollar purchase of MicroStrategy stock. According to a recent filing. South Korea’s national pension fund acquired shares in MicroStrategy (MSTR), a company known for its substantial Bitcoin holdings. The NPS purchased 24,500 shares of MicroStrategy in the second quarter of 2023, at an average price of $1,377.48 per share. This investment, totaling nearly $34 million, p...

Investment firm Bernstein has issued an outperform rating on Bitcoin (BTC) mining stocks Riot Platforms (RIOT), CleanSpark (CLSK), Iris Energy (IREN) and Core Scientific (CORZ), while rating Marathon Digital Holdings (MARA) as market-perform. For Riot Platforms (RIOT), Bernstein highlighted its significant operational power capacity and expansion plans. "RIOT has a mega 1GW site at Corsicana, Texas being energised over 2024-25," the report states. Additionally, Riot recently acquired Block minin...

The city of San Francisco has filed a sweeping lawsuit against 18 websites and apps that generate unauthorized, deepfake nudes of unsuspecting victims on Thursday. The complaint—published with the plaintiffs’ service names redacted—targets the “proliferation of websites and apps that offer to ‘undress’ or ‘nudify’ women and girls.” It asserts that collectively, the sites have been visited over 200 million times in the first six months of 2024. “This investigation has taken us to the darkest corn...