Cryptocurrencies
Bitcoin dips back below US$90,000 as global selloff deepens
BITCOIN slid to its lowest level in more than a week, tracking a sharp selloff across global financial markets as investors continued to de-risk amid ongoing geopolitical tensions.
Is crypto an opportunity or a threat?
The technology’s costs outweigh the benefits, especially in the absence of stronger regulation
US Senate Banking delays crypto bill after Coinbase CEO opposition
The legislation seeks to define when crypto tokens are securities, commodities or otherwise
US senators introduce long-awaited Bill to define crypto market rules
The legislation gives the industry legal clarity, and defines when tokens are securities, commodities or otherwise
Coinbase raises pressure as crypto bill moves to Senate markup
The banking industry has decried the idea of exchanges paying stablecoin rewards
Stablecoin transactions rose to record US$33 trillion, led by USDC
Stablecoins are a kind of cryptocurrency engineered to mimic the price of a mainstream asset, most often the US dollar
Trump-linked World Liberty Financial seeks license to launch trust bank
The company says that it plans to allow conversion services between US dollars and USD1 without fees at launch
Bitcoin faithful still missing even after token reclaims US$90,000
The token’s price uptick looks more like a reprieve than a resurgence
Morgan Stanley files for Bitcoin, Solana ETFs in digital assets push
The bank deepens its crypto presence as regulatory clarity under Trump pushes finance companies to adopt digital assets
Bitcoin options traders eye US$100,000 following year-end meltdown
Precious metals such as gold surging to a record high and equities buoyed by tech stocks