by CNBC Markets | March 31, 2025 8:04 pm | US Markets
Shares of Moderna, Novavax and other biotech companies fell after FDA official Peter Marks’s resignation in protest of Robert F. Kennedy Jr.
by CNBC Markets | March 31, 2025 9:01 am | US Markets
Traders nervously awaited “Liberation Day” on Wednesday, April 2, when the Trump administration’s tariffs are scheduled to go into effect.
by CNBC Markets | March 31, 2025 8:35 am | Crypto News
Bitcoin is making its way from trading desks to corporate treasuries, and by the end of the decade, it could be standard practice, according to one analyst.“Across all the different strategies and implementations, I anticipate that by 2030, a quarter of the S&P...
by CNBC Markets | March 31, 2025 8:35 am | Crypto News
Terraform Labs, the firm behind the collapsed Luna token and the TerraUSD stablecoin, will open a portal on March 31 to allow investors to file claims for crypto losses tied to the company’s downfall and subsequent bankruptcy.The online system, operated by claims...
by CNBC Markets | March 31, 2025 8:35 am | Crypto News
It’s a bloodbath for digital assets, with traders hitting the sell button, wiping out over $160 billion of the total cryptocurrency market cap since Friday. Few things have compounded as the first quarter of this year closes out, leading to the sell-off,...
by CNBC Markets | March 31, 2025 8:35 am | Crypto News
Bitcoin mining company MARA Holdings (MARA) is launching a fresh $2 billion stock offering to buy more bitcoin, continuing its plan of buying BTC in the open market through capital raise while sticking to its “Hodl” strategy. According to a Form 8-K and a...
by CNBC Markets | March 31, 2025 8:35 am | Crypto News
Cryptocurrency prices have experienced a sharp decline over the last few hours, with bitcoin (BTC) now being down around 3% over the last 24 hours, while major altcoins including XRP, BNB, and SOL are down between 4% and 5% over the same period.The broader...
by CNBC Markets | March 31, 2025 8:35 am | Crypto News
FTX, the collapsed cryptocurrency exchange once helmed by Sam Bankman-Fried, plans to begin paying its main creditors at the end of May, Bloomberg reported based on court proceedings in Delaware this week.The company has gathered $11.4 billion in cash to distribute to...
by CNBC Markets | March 31, 2025 8:35 am | Crypto News
The U.S. Securities and Exchange Commission has dropped or paused over a dozen ongoing cases (and lost one) since U.S. President Donald Trump retook office just over two months ago and appointed Commissioner Mark Uyeda as acting chair.You’re reading State of Crypto, a...
by CNBC Markets | March 31, 2025 8:35 am | Crypto News
Arthur Hayes, the former CEO of crypto exchange BitMEX, has been granted a pardon by U.S. President Donald Trump, a White House official confirmed Friday. Trump also pardoned Hayes’ co-founders at BitMEX, Samuel Reed and Benjamin Delo, as well as senior employee Greg...
by CNBC Markets | March 31, 2025 8:35 am | Crypto News
Hopes for the crypto recovery to continue vanished on Friday, as a market-wide rout erased virtually all gains from earlier this week.Bitcoin (BTC), hovering just below $88,000 a day ago, tumbled to $83,800 recently and is down 3.8% over the past 24 hours. The...
by CNBC Markets | March 31, 2025 8:35 am | Crypto News
The Federal Deposit Insurance Corp. will no longer instruct banks to get prior sign-off before they engage in crypto activities — a standard that was set in 2022 and that effectively severed institutions from the digital assets sector as they waited for approvals that...
by CNBC Markets | March 31, 2025 8:35 am | Crypto News
Baanx, a cryptocurrency debit card enabler for the likes of MetaMask and 1inch, has introduced a rewards wallet combining on-chain finance with traditional loyalty perks and discounts, using underlying technology from Circle, the provider of the USDC stablecoin.Built...
by CNBC Markets | March 31, 2025 8:35 am | Crypto News
Shares of CoreWeave (CRWV) opened at $39 apiece during the company’s debut on Nasdaq on Friday afternoon, just under its initial public offering which closed Thursday evening.The cloud computing firm had sold roughly 37.5 million shares at $40 each, raising about $1.5...
by CNBC Markets | March 31, 2025 8:34 am | Crypto News
It was a bad week for crypto prices, with BTC and ETH both falling and the CoinDesk 20, which covers 80% of the market, losing 7% since Monday. But less speculative assets showed plenty of volume. Stablecoins, in particular, were the name of the game this week. The...
by CNBC Markets | March 31, 2025 8:34 am | Crypto News
Is Strategy (MSTR) in trouble?Led by Executive Chairman Michael Saylor, the firm formerly known as MicroStrategy has vacuumed up 506,137 bitcoin (BTC), currently worth roughly $44 billion at BTC’s current price near $87,000, in the span of about five years. To...
by CNBC Markets | March 31, 2025 8:34 am | Crypto News
An investment firm with ties to U.S. President Donald Trump’s sons, Eric and Donald Trump Jr., is putting some of its excess cash into a spot bitcoin exchange-traded fund (ETF) — an unusual twist on the increasingly popular strategy of holding bitcoin as a corporate...
by CNBC Markets | March 31, 2025 8:34 am | Crypto News
U.S. Representatives Zach Nunn (R-Iowa) and Jim Himes (D-Conn.) reintroduced a bill to help combat illicit finance and terrorist financing on digital asset platforms after the previous version passed the House of Representatives last year failed to make progress in...
by CNBC Markets | March 31, 2025 8:34 am | Crypto News
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 2616.04, down 4.5% (-123.93) since 4 p.m. ET on Thursday.None of the 20 assets are trading...
by CNBC Markets | March 31, 2025 8:34 am | Crypto News
Galaxy Digital (GLXY), the Mike Novogratz-led digital asset financial services firm, will pay $200 million as a settlement with the New York Attorney General’s (NYAG) office relating to the collapse of the Terra-Luna ecosystem in 2022.The firm will pay $200...
