Analysis: Cryptocurrencies

Bitcoin widens the gap on Ethereum

The year 2024 cemented Bitcoin's position as the dominant asset in the crypto market. With its price doubling in twelve months, Ether grew at a much more modest pace, despite major technical advances....

Bitcoin widens the gap on Ethereum

The year 2024 cemented Bitcoin's position as the dominant asset in the crypto market. With its price doubling in twelve months, Ether grew at a much more modest pace, despite major technical advances....

Israel's eToro seeks to raise up to $620 million in upsized US IPO

eToro Group is planning to raise around $620 million in an upsized U.S. initial public offering priced above market range, the company said on Tuesday. The stock and cryptocurrency...

Robinhood woos Canadian crypto users with nearly $180 million WonderFi purchase

Robinhood said on Tuesday it will buy Canadian crypto firm WonderFi for C$250 million , as the popular commission-free brokerage looks to expand its international footprint. The...

Buyers of $TRUMP meme spent $148 million to win dinner with President Trump

NEW YORK -Buyers of U.S. President Donald Trump's $TRUMP meme coin spent an estimated $148 million in the contest to win the opportunity to dine with the president at his private golf club outside of...

Dollar set for weekly gain amid US trade deal optimism

NEW YORK -The dollar was on track for a weekly gain against major currencies, including the Swiss franc, yen and euro on Friday, after a U.S.-UK trade deal increased optimism about upcoming...

Celsius founder Alex Mashinsky gets 12 years prison for crypto fraud

Alex Mashinsky, the founder and former chief executive of bankruptcy cryptocurrency lender Celsius Network, was sentenced on Thursday to 12 years in prison after pleading guilty in December to...

Stablecoin bill fails to clear key hurdle in U.S. Senate

Legislation that would create a regulatory framework for U.S. dollar-pegged cryptocurrency tokens known as stablecoins faced a setback on Thursday as the bill failed to clear a key hurdle in the U.S....

Bitcoin tops $100,000 on trade deal optimism

Bitcoin topped $100,000 on Thursday for the first time since early February, bolstered by a wide-ranging deal between the United States and the United Kingdom in a sign that perhaps U.S. President...

Coinbase buys Deribit in $2.9 billion deal to expand crypto options base

Coinbase, the largest publicly traded cryptocurrency exchange, said on Thursday it will buy derivatives exchange Deribit in a $2.9 billion deal to expand into the crypto options markets. ...

Trump's crypto ventures cause tensions to bubble over as Democratic lawmaker scuttles key hearing

Tensions on Capitol Hill over President Donald Trump's various cryptocurrency ventures escalated on Tuesday and threatened to derail the digital asset sector's hope of legislation by the end of this...

Ethereum's Pectra upgrade: can it break ETH out of its slump?

The upcoming Pectra upgrade marks an important step for Ethereum and could provide a compelling narrative for the ETH price.

Britain to bar consumers from borrowing to buy crypto under new regime

LONDON -Britain is to restrict consumers' use of credit cards to buy crypto and their access to crypto lending products, the regulator said on Friday, a move aimed at improving protection as ...

US moves to ban Cambodia's Huione over alleged money laundering

The U.S. Treasury plans to ban Cambodian financial firm Huione Group from the U.S. financial system, deeming it of primary money laundering concern over its alleged role in laundering illicit funds...

Nigerian judge adjourns Binance tax evasion case to May 12

ABUJA -A Nigerian judge on Wednesday adjourned a tax evasion case against the world's largest crypto exchange until next month after the revenue service asked for permission to serve court documents...

UK sets out new rules for crypto as it aligns with US on approach

LONDON -Britain will bring cryptocurrencies under compulsory regulation, finance minister Rachel Reeves said on Tuesday as the government signalled it would cooperate closely with the United States...

US senator raises concern about SEC oversight of Trump Media investment products

NEW YORK -Democratic Senator Elizabeth Warren asked the U.S. securities regulator on Friday about its plans to supervise exchange-traded funds due to be launched by a company founded and...

New US SEC chair says crypto sector deserves clear regulations

WASHINGTON -The new head of the U.S. Securities and Exchange Commission on Friday said that the agency has stifled innovation for the cryptocurrency sector by fostering regulatory uncertainty in...

South Korea says DeepSeek transferred user data, prompts without consent

South Korea's data protection authority said on Thursday that Chinese artificial intelligence startup DeepSeek transferred user information and prompts without permission when the service was still...