Analysis: Cryptocurrencies

Digital vs. traditional gold: September pressure builds on Bitcoin

Gold hits new highs as Bitcoin struggles with weak September seasonality, ETF outflows, and rising exchange reserves.

With dollars scarce, Venezuela currency exchanges turn to crypto

Venezuela's government is slowly allowing the use of dollar-tied cryptocurrencies in currency exchanges for the private sector, a dozen sources said, as U.S. restrictions on oil exports reduce...

After MicroStrategy's Bitcoin bet, here comes BitMine's Ethereum bet

+886%. That's BitMine Immersion Technologies' stratospheric performance since the end of June. In the space of a few weeks, the company has gone from obscurity to prominence, rising to the top of a...

US securities, commodities regulators announce joint crypto initiative

The U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission on Tuesday announced a joint initiative to coordinate efforts on digital assets. The CFTC...

Winklevoss twins-backed Gemini targets $2.2 billion valuation in US IPO

Gemini is seeking a valuation of up to $2.22 billion in its U.S. initial public offering, the cryptocurrency exchange said on Tuesday, as digital asset platforms capitalize on renewed investor...

European regulator says tokenised stocks risk 'investor misunderstanding'

PARIS -Blockchain-based assets which provide exposure to equities could lead to investor misunderstanding, as they typically do not make the buyer a shareholder in the underlying company, the...

Trump's World Liberty token falls in first day of trading

NEW YORK -The digital tokens backing the Trump family's cryptocurrency venture, World Liberty Financial, fell in value on Monday in their first day of trading. The World Liberty tokens,...

Meta to add new AI safeguards after Reuters report raises teen safety concerns

Meta is adding new teenager safeguards to its artificial intelligence products by training systems to avoid flirty conversations and discussions of self-harm or suicide with minors, and by...

Eric Trump sees bitcoin hitting $1 million, praises China cryptocurrency role

HONG KONG -Eric Trump, the second son of U.S. President Donald Trump, predicted on Friday at a conference in Hong Kong that bitcoin would reach $1 million within several years, and he called China a...

Binance resumes futures trading after brief pause

Crypto exchange Binance said on Friday that it resumed all futures trading on the platform after an issue prompted a brief suspension of the service earlier. The issue affecting Futures...

American Bitcoin, backed by Trump sons, aims to start trading in September

HONG KONG -American Bitcoin, the bitcoin miner backed by two of U.S. President Donald Trump's sons, has locked in crypto and traditional investors to back an all-stock merger that will allow the firm...

Bitcoin tanks 10% as whales pivot to ETH-what's next for the market?

BTC price correction accelerated after a major whale rotated billions into ETH, triggering liquidations and raising questions about the cycle's future.

OpenAI, Altman sued over ChatGPT's role in California teen's suicide

The parents of a teen who died by suicide after ChatGPT coached him on methods of self harm sued OpenAI and CEO Sam Altman on Tuesday, saying the company knowingly put profit above safety when it...

Polymarket secures investment from Trump Jr-backed 1789 Capital

Polymarket said on Tuesday it secured an investment from Donald Trump Jr-backed venture capital firm 1789 Capital, as prediction markets gain traction in the United States. The Trump...

Trump Media, Crypto.com launch new crypto treasury firm via SPAC deal

NEW YORK -Trump Media & Technology Group and Crypto.com on Tuesday agreed to a deal with a blank-check acquisition company to launch a new venture that will pursue a treasury-style strategy to...

Stock exchanges urge regulators to crack down on 'tokenised stocks'

A group representing the world's biggest stock exchanges has called on securities regulators to clamp down on so-called tokenised stocks, arguing that the blockchain-based tokens create new risks for...

Eric Trump plans to visit Japan in September, Bloomberg News reports

U.S President Donald Trump's son, Eric Trump, plans to visit Tokyo and will attend a shareholder meeting of Japanese Bitcoin treasury firm Metaplanet on September 1, Bloomberg News reported on...

Strategy: Saylor's secret weapon loses steam - Crypto review

Michael Saylor, who has become Bitcoin's most vocal advocate, is already adjusting the corporate financing rules he set just a few weeks ago. His bold plan-to trade massive sales of common stock for a...

US consumer watchdog kicks off redo of 'open banking' rules on customer data

WASHINGTON -The U.S. Consumer Financial Protection Bureau on Thursday kicked off a do-over of its open banking regulations governing consumer control over the sharing of their personal data between...