The U.S. Securities and Exchange Commission has rescinded an accounting rule that forced banks to treat bitcoin and other tokens as a liability on their balance sheets. The guidance was a major deterrent to Wall Street banks owning bitcoin.

Top Wall Street banks say they're ready to get more active in crypto if the Trump administration rolls out favorable policies.

BlackRock chief executive Larry Fink as revealed he's had discussions with sovereign wealth funds about buying bitcoin..

Ethereum used to be seen as the most likely challenger to Bitcoin’s status as the preeminent cryptocurrency, and the one best positioned to make the blockchain a more useful technology.Most Read from BloombergWhat Happened to Hanging Out on the Street?

Tether has undeniably played a pivotal role in bridging traditional finance with the digital currency world. However, its associations with illicit activities and concerns about transparency may pose systemic risks.

While Trump’s pick to lead the SEC, Paul Atkins, is still awaiting US Senate confirmation, acting chair Mark Uyeda and another Republican commissioner, Hester Peirce, have put the regulator on a more crypto-friendly track, forming a task force and dismantling SAB 121.

Bitcoin ( BTC 1.30%) had a phenomenal year in 2024. The cryptocurrency returned 119%, easily outperforming the 23% gain in the S&P 500 (SNPINDEX: ^GSPC), which itself is commonly seen as a barometer for the overall U.S. stock market. In fact, only five stocks in the S&P 500 created more wealth than Bitcoin last year.

MicroStrategy plans to redeem $1.05B in notes amid Bitcoin tax rule concerns, due to CAMT's impact on unrealized Bitcoin gains.

Price drops reflect anxieties over fewer rate cuts, unsettling traders across cryptocurrency and broader finance.

GE Aerospace posts strong Q3 results, announces $7B stock buyback; shares soar. American Airlines expects a significant Q4 loss; EA cuts 2025 net bookings guidance.

Wall Street will closely watch the streamer's ad-supported subscriber numbers. Bitcoin hits a new high ahead of Trump's inauguration. TikTok restores U.S. service after going dark.

Ethererum was once a serious contender to challenge bitcoin’s status, but it’s struggled to keep up with the Trump-fuelled crypto rally.