Singapore-based artificial intelligence company Genius Group said it has adopted bitcoin as its primary treasury asset, committing 90% of its current and future reserves to be held in the largest cryptocurrency.
Time for Crypto to Put the Pedal to the Floor
Trump's victory presents a unique opportunity to reshape regulation and ensure no future SEC Chair can hamstring the industry again. Expect pushback.
Swagger Returns to Crypto as Bitcoin Soars
(Bloomberg) -- Sean McNulty frets about not having enough time to work on his bench press. Raagulan Pathy is starting to think about buying an Aston Martin.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictFrom New York to Singapore, cryptocurrency traders large and small are pulling all-nighters and f
Bitcoin goes ballistic: Investors see quick march to $100K as governments move to enter market
"A regime shift is underway," said one crypto hedge fund manager.
Fed's Waller says private sector should lead on payment system innovation
NEW YORK (Reuters) -Federal Reserve Governor Christopher Waller said on Tuesday that he believes the private sector should take the lead when it comes to payment sector innovations. "What is the fundamental market inefficiency that would be solved by government intervention and can only be solved by government intervention?" Waller asked, noting that "if there isn't a satisfactory answer, then I believe government shouldn't intervene in private markets." Waller did not comment on the monetary policy and economic outlook in his prepared remarks, which centered on the role the Fed plays in the payment system.
Trump Wave Drives Bitcoin Near $90K: 5 ETF Leaders
Bitcoin has been riding the wave of crypto-friendly Donald Trump's win, nearing the $90,000 level.