Bitcoin was on track for a weekly gain of around 20% early on Friday, following a spate of positive developments for the world’s largest cryptocurrency. Bitcoin was last seen at $75,343.01, up from $62,836.88 at the start of the week. Crypto stocks followed suit on Thursday, with Coinbase and Circle closing up 7.5% and 6.45%…
For years, the crypto industry’s biggest challenge has been finding users beyond traders. Now, some of its largest companies think they’ve found them in AI agents. Although speculation still underpins much of crypto’s business, companies are trying to build a second growth engine by turning agents into users of crypto wallets, stablecoins and payment networks….
Stablecoin issuer Circle surged after the U.S. Office of the Comptroller of the Currency, or OCC, granted it approval Friday to operate as a trust bank, the company said. Shares of the company were off their initial highs but last trading up 5%. The approval gives the company the ability to manage reserves directly for…
Andrew Feldman, co-founder and chief executive officer of Cerebras Systems Inc., center left, during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Thursday, May 14, 2026. Bloomberg | Bloomberg | Getty Images Cerebras Systems‘ raucous IPO this week gave investors a taste of what’s to come in artificial…
Circle Internet Group has raised $222 million in the presale of Arc, the native token of its new blockchain, as the company looks to expand beyond its core business of issuing the USDC stablecoin, CNBC has learned. Andreessen Horowitz served as the lead investor in the raise with a $75 million investment. Other investors include…
Costfoto | Future Publishing | Getty Images Coinbase received conditional approval from the U.S. Office of the Comptroller of the Currency, or OCC, to operate as a trust bank, the company said Thursday. If finalized, the crypto exchange will be able to operate payment products in addition to its custody business under federal supervision, Coinbase’s…
The Club’s top 10 things to watch Friday, Feb. 13 — Today’s newsletter was written by Jeff Marks , the Club’s director of portfolio analysis. 1. Stock futures are little changed this morning after the January consumer price index report came in slightly cooler than expected. CPI rose 2.4% year over year, down from 2.7%…
In this photo illustration, the StubHub logo and webpage are displayed on a cell phone and computer monitor on April 17, 2024 in Los Angeles, California. Mario Tama | Getty Images StubHub‘s stock plummeted 21% on Friday after the company withheld financial guidance for the current quarter, citing a “long-term” focus. StubHub CEO Eric Baker…
Venezuelan Bolivar and U.S. Dollar banknotes and representations of cryptocurrency Tether are seen in this illustration taken Sept. 8, 2025. Dado Ruvic | Array Tether, the issuer of the largest stablecoin, is planning to raise as much as $20 billion in a deal that could put the crypto company’s value on par with OpenAI, according…
Ticket reseller StubHub signage on display at the New York Stock Exchange for the company’s IPO on Sept. 17, 2025. NYSE After a long wait to get public, StubHub has had a rough start to life on the New York Stock Exchange. Shares of the online ticket vendor dropped 10% on Friday, falling for a…
