Coinbase CFO reveals Kamala Harris Super PAC will accept crypto donations
Speaking at Citi’s 2024 Global TMT Conference, Coinbase chief financial officer Alesia Haas says the exchange has increased its policy spend leading up to the election
Speaking at Citi’s 2024 Global TMT Conference, Coinbase chief financial officer Alesia Haas says the exchange has increased its policy spend leading up to the election
These three top cryptocurrencies are edging higher despite clear macro risks.
Here is an easy-to-follow guide on the most important things to know about digital currencies.
A change in the regime could result in lower taxes for some crypto investors.
In this week's issue of CoinDesk's weekly newsletter on blockchain tech, we've got the secret details underpinning the former president's plan for World Liberty Financial, as well as the rankings of which tokens performed the least-poorly in ugly August crypto markets.
Stock markets (^DJI, ^IXIC, ^GSPC) are off to a bumpy start at the beginning of September trading, with Big Tech leading the downturn. Charles Schwab chief global investment strategist Jeffrey Kleintop joins Morning Brief to discuss more on the market dynamics he sees playing out. Kleintop advises investors to "watch the [Japanese] yen for clues on the tech trade." He notes that the trade dynamics of the yen and Big Tech are interconnected among investors, and this can be observed in the continued tech sell-off and the yen's rise Wednesday morning. Kleintop also suggests that the unwinding of the yen carry trade may not be finished and could persist throughout the remainder of 2024. However, Kleintop says the tech sector unwind "benefits sectors that are undervalued and under-owned," recommending areas like financials (XLF), energy (XLE), and materials (XLB) "What we're seeing is the average stock in the S&P 500, look at the equal-weighted index (^SPXEW), is outperforming the capitalization-weighted index. So we're seeing strength outside of tech, and that's been our story about the second half of the year — a broadening of the market," he tells Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
(Bloomberg) -- The US Commodity Futures Trading Commission fined Uniswap Labs $175,000 as part of a settlement of allegations that the decentralized crypto exchange illegally offered leveraged retail trading in digital assets.Most Read from BloombergHow Air Conditioning Took Over the American OfficeThe Outsized Cost of Expanding US RoadsHong Kong’s Arts Hub Turns to Selling Land to Stay AfloatUniversal Navigation Inc., which does business as Uniswap Labs, has been ordered to cease and desist fro
Needham analyst John Todaro initiated coverage on TeraWulf Inc (NASDAQ:WULF) with a Buy rating and a price target of $6. Todaro noted that TeraWulf is one of the best miners for converting data center capacity to High-Performance Computing (HPC). HPC represents a high-margin, large, and growing revenue opportunity with long-term contracts that provide revenue and margin transparency longer term. Todaro noted that TeraWulf will be early to market in bringing a 100MW+ site online for HPC. Addition
The shift to proof-of-stake has raised worries about over-centralization. By reaffirming its commitment to decentralization, the blockchain can realize its goals, says James Wo, Founder & CEO of DFG.
Bitcoin fell, and investors pulled money out of bitcoin ETFs amid a broader stock market sell-off. Its correlation to equities raises questions about bitcoin's effectiveness as a hedge.