To Donald Trump, the rallying stock market is evidence that Wall Street likes tariffs. But investors say they're just counting on the US president to back down.
Stocks lost momentum and the dollar strengthened after President Donald Trump ratcheted up trade tensions yet again by floating a higher "blanket tariffs" rate on most trading partners.
The US Senate confirmed Jonathan Gould to lead the Office of the Comptroller of the Currency, adding him to the roster of Trump administration officials who favor lighter regulation of the nation's lenders and an embrace of crypto assets.
Bitcoin options traders are already setting their sights on much higher prices while the original cryptocurrency extends its record-breaking rally for a second day.
Europe's markets regulator criticized crypto oversight in Malta, which has granted licenses to several large exchanges this year, for falling short in several areas related to an unidentified entity it authorized.
The UK's National Crime Agency has arrested four people over a series of disruptive cyberattacks that targeted leading British retailers earlier this year.
Jack Ma-backed Ant Group Co. is working with Circle Internet Group Inc. to adopt its stablecoin on the Chinese fintech company's blockchain platform, according to people familiar with the matter.
YZi Labs, the family office of Binance co-founders Changpeng Zhao and Yi He, will back investment firm 10X Capital's plan to set up a publicly traded company in the US to invest in BNB, a token linked to the crypto exchange the pair started.