Stock Markets Are Enjoying a Summer Surge. What Could Rain on Gains.
The crypto industry notched its first major crypto regulatory win in the U.S. late Thursday.
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ARKK is up 34% year to date, powered by stocks like Coinbase, Robinhood and Roku.
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The Senate already passed the bill in June, and the White House on Thursday said President Donald Trump will sign it into law as soon as Friday.
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The company says it also will make crypto trading available in other markets later this year, though it didn’t specify where.
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Shares in the Bitcoin treasury company were dropping on Thursday, even as three crypto bills moved through Congress.
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Crypto bills advance to debate, United Airlines earnings beat expectations, Labubu dolls give Pop Mart a boost, and more news to start your day.
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Crypto prices had recovered but GOP lawmakers were at an impasse on crypto legislation despite President Trump’s “crypto week” declaration.
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If passed, the bills could lead to new ways to use the currencies, corporate adoption, and institutional investment.
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Billionaire venture capitalist Peter Thiel disclosed a 9% stake in a crypto-focused microcap, a regulatory filing showed Tuesday.
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Lawmakers failed to clear the way for votes on cryptocurrency-related bills.
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The company faces increasing competition in raising capital to buy Bitcoin as smaller players mimic its strategy.
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Cryptos were falling as the weeklong rally for the world’s largest coin ebbed out amid profit-taking and uncertainty about the longevity of the last few days’ gains.
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The crypto exchange is on pace to finish with a market capitalization just under $100 billion.
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The crypto-focused asset manager launched one of the first spot Bitcoin ETFs.
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Treasuries will be pulled into the shadow banking system, Derek Horstmeyer writes in a guest commentary.
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Shares of crypto-linked companies popped in early trading Monday.
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Bitcoin price continued its bull run and it soared past $120,000 for the first time early Monday.
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EU, Mexico press for trade deal, inflation data coming this week, major banks kick off earnings season, and more news to start your day.
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Each consolidation has been quicker and smaller than the prior one. This is characteristic of powerful advances.
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