Financial Insights That Matter Fernando Gutierrez-Juarez | Picture Alliance | Getty Images Bitcoin is trading stubbornly below the $100,000 mark, putting the brakes on a blistering rally that’s seen the cryptocurrency rise to touching distance of the key psychological level. The world’s biggest cryptocurrency has risen over 40% since Nov. 5, the day of the […]
Cash News A visual representation of the digital Cryptocurrency, Bitcoin, displayed on December 23, 2017 in Paris, France. Chesnot | Getty Images LONDON — Britain is making a fresh pitch to become a global crypto hub, but faces a tough road ahead amid criticism from local entrepreneurs and U.S. competition under President-elect Donald Trump. Britain’s Labour […]
Cash News Faryar Shirzad, chief policy officer at Coinbase, speaking onstage during the 2024 Concordia Annual Summit at Sheraton New York Times Square on Sep. 24, 2024 in New York City. John Lamparski | Getty Images for Concordia Summit LONDON — Coinbase’s top policy executive expects the United States to rapidly regulate the cryptocurrency industry once […]
Cash News The price of bitcoin retreated further from the psychological $100,000 milestone, as investors booked profits from the cryptocurrency’s gains following the presidential election. The largest cryptocurrency by market capitalization was recently lower by more than 4%, at $90,999.30, according to Coin Metrics. Earlier, it fell as low as $90,702.27. The CoinDesk 20, an […]
Cash News Launched in 2018 by crypto firm Circle, USDC is now the second-biggest stablecoin globally, with more than $30 billion worth of tokens in circulation. Nurphoto | Getty Images LONDON — The U.K. is likely to see stablecoin laws introduced in a matter of “months, not years,” according to crypto firm Circle’s top policy executive. […]
Cash News Carly Rowena, a 37-year-old fitness instructor, was tricked into sending £5 716.60 worth of digital assets to a scammer who promised her sizable returns on her crypto. Carly Rowena Carly Rowena, a British fitness and wellness influencer, is embarrassed as she recalls being duped into handing over £5,700 ($7,450) worth of cryptocurrency in […]
CashNews.co Big technology companies are betting that a new wave of smaller, more precise AI models will be more effective when it comes to the needs of businesses in sectors like law, finance, and health care. Jaap Arriens | NurPhoto via Getty Images LONDON — Increasingly many financial services firms are touting the benefits of […]
Cash News Retail investing platform Robinhood on Tuesday announced that it’s offering customers in Europe the ability to transfer cryptocurrencies in and out of its app, broadening its product capabilities in the region as it presses ahead with international expansion. In a blog post on Tuesday, the company said that it’ll allow customers in the […]
CashNews.co A worker sweeps the floor at the Nasdaq MarketSite in New York, US, on Monday, Sept. 16, 2024. Yuki Iwamura | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where […]