SAN FRANCISCO — Bitcoin was conceived more than a decade ago as “digital gold,” a long-term store of value that would resist broader economic trends and provide a hedge against […]
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Back to news homeIt’s Hard to Tell When the Crypto Bubble Will Burst, or If There Is One
Despite their volatile and occasionally inscrutable nature, cryptocurrencies are becoming more widely traded, used and held — El Salvador recently started accepting Bitcoin as legal tender, the Federal Reserve is […]
The New Get-Rich-Faster Job in Silicon Valley: Crypto Start-Ups
OAKLAND, Calif. — When Sandy Carter left her job as a vice president of Amazon’s cloud computing unit this month, she announced in a LinkedIn post that she was joining […]
A Star-Studded Production
Fed officials retire early amid trading controversy. Robert Kaplan, the head of the Dallas Fed, and Eric Rosengren, the president of the Boston Fed, both announced yesterday that they would […]
The World’s Biggest Crypto Exchange Still Lacks U.S. Footing
The quest for legitimacy in the United States is leading Binance.com, the world’s largest cryptocurrency exchange, to pursue an initial public offering of its American unit. But for a company […]
Cryptocurrency Seeks the Spotlight, With Spike Lee’s Help
Some celebrity endorsements of cryptocurrencies have run into trouble. In 2017, the Securities and Exchange Commission cautioned that some famous people were hyping the virtual currency sales known as initial […]
Gary Gensler, Wall Street’s New Watchdog, Has a Full Plate
Mr. Gelzinis said Mr. Gensler would probably draw on his familiarity with the subject matter — he taught classes on blockchain technology at the Massachusetts Institute of Technology — to […]
Why Coinbase’s Trading Debut Is a Cryptocurrency Coming-Out Party
SAN FRANCISCO — Digital currency, once mocked as a tool for criminals and reckless speculators, is sliding into the mainstream.Traditional banks are helping investors put their money into cryptocurrency funds. […]
The Start-Up Enemies of Wall Street Are Booming
“The infrastructure has gone to a whole other level,” said CJ MacDonald, founder of Step, a debit card provider aimed at teenagers. Introduced in September, Step quickly reached one million […]
Payments Start-Up Stripe Surges to $95 Billion Valuation
The payments company Stripe is worth $95 billion after a new round of funding, making it the most valuable start-up in the United States.The San Francisco and Dublin-based company said […]