Representation of Bitcoin cryptocurrency in this illustration taken Sept. 10, 2025. Dado Ruvic | ReutersBitcoin dipped below $95,000 on Friday, pushing the world’s oldest cryptocurrency further into the red and continuing its four-day decline amid a broader artificial intelligence-linked stock pullback.The digital asset was last trading at $94,896.03, down 3.5% on the day. Bitcoin was in the red most of this week, although it reclaimed $107,000 at one point on Tuesday before rolling over.The largest crypto by market capitalization attracts many of the same investors that have poured funds into BigTech stocks, linking the two trades. Several of those stocks…
Author: BProud
Ripple Labs has become one of the world’s largest cryptocurrency companies, but executives aren’t stopping there, CEO Brad Garlinghouse told CNBC. Over the past year, the firm has ramped up efforts to bridge the Web3 world and an industry that has long been viewed as its foil — traditional finance.In an interview with CNBC’s “Crypto World” at the Ripple Swell 2025 conference in New York, Garlinghouse said his firm aims to offer a wide range of traditional financial services built on blockchain infrastructure, capitalizing on growing institutional adoption of digital assets.A blockchain is a decentralized digital ledger that logs transactions…
It’s no secret that buying a home is expensive. The average sales price for U.S. homes has hovered around $400,000 since the end of 2021, according to the Federal Reserve Bank of St. Louis. Most homebuyers looking to cover that cost turn to mortgage lenders, who pore over financial details like salaries, bank balances and retirement accounts to determine how risky it is to lend the money.That review process has typically excluded crypto assets. But for the roughly 15% of Americans who invest in digital assets, that could soon change.In June, a directive issued by the Federal Housing Finance Agency ordered…
Bitcoin’s fall below $100,000, its lowest level since June, has sparked fears that the worst is yet to come, another so-called crypto winter (a prolonged bear market in cryptocurrencies) that the market wrestles with every time digital currencies sell off hard in a short period of time.But Bitwise chief investment officer Matt Hougan says that while the retail investor is in “max desperation” mode, he sees that as a reason to bet that a bottoming in crypto prices may materialize sooner rather than later. With Wall Street institutional investor and financial advisor support for bitcoin, and growth in crypto ETFs,…
Carlos Domingo, chief executive officer of Securitize Inc., speaks during the Messari Mainnet summit in New York, US, on Thursday, Sept. 21, 2023. Photographer: Michael Nagle/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesSecuritize, the “real world assets” platform that powers BlackRock’s tokenized money market fund, will go public through a merger with a special purpose acquisition company, CEO Carlos Domingo told CNBC in an exclusive interview.The fintech firm will merge with Cantor Equity Partners II, Inc., a blank-check company sponsored by an affiliate of Cantor Fitzgerald that trades under the CEPT ticker. The deal values Securitize’s business at $1.25…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOn today’s episode of CNBC Crypto World, cryptocurrencies notch higher following delayed CPI data reporting a 3% annual rate in September. Also, President Donald Trump addresses his reasoning behind the pardon of Binance founder Changpeng Zhao. Finally, Rebecca Rettig of Jito Labs discusses her conversations with lawmakers to push for crypto market structure legislation.11:25Fri, Oct 24 20253:00 PM EDT Source link
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailCleanSpark CEO Matt Schultz shares why the company pivots from pure-play bitcoin mining to include artificial intelligence, plans for its facilities and more. Source link
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOn today’s episode of CNBC Crypto World, major cryptocurrencies rebound from Wednesday’s pullback. Plus, the White House said that President Trump has pardoned Binance founder Changpeng Zhao, who previously pleaded guilty to enabling money laundering while serving as CEO of the crypto exchange. And, Georgios Vlachos, the co-founder of the Axelar Network, explains the factors driving crypto’s recent volatility.11:19Thu, Oct 23 20253:27 PM EDT Source link
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOn today’s episode of CNBC Crypto World, bitcoin drops to the $108,000 level. Plus, Coinbase says the crypto exchange acquired the digital asset investment platform Echo for approximately $375 million. And, Sergey Nazarov, co-founder of Chainlink, shares what was discussed during meetings with senators on Capitol Hill about crypto regulation.12:07Wed, Oct 22 20253:33 PM EDT Source link
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOn today’s episode of CNBC Crypto World, bitcoin crosses back above $113,000 Tuesday morning as crypto continued its recovery from the October sell-off. Plus, CleanSpark shares retreat from Monday’s rally after the company announced an expansion into AI computing services. And, Michael James of Douro Labs breaks down the rise of financial and economic data on the Pyth Network.10:24Tue, Oct 21 20253:00 PM EDT Source link