News

(Bloomberg) -- It was only three years ago that a dispute between an infamous crypto billionaire and a titan of the financial establishment became the center of attention at an annual event known as the Davos of the derivatives market.Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsElectric Construction Equipment Promises a Quiet RevolutionNYC Congestion Pricing Toll Gains Support Among City ResidentsOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsProsp

Gold rallies on strong ETF inflows, geopolitical uncertainty, and market volatility.

The Merchants Payments Coalition and the Payment Choice Coalition locked arms to advance stablecoins as the Senate Banking Committee passed a stablecoin bill.

Cathie Wood’s Ark Invest buys 997 BTC worth $80M as Bitcoin struggles to stay above $83K.

Bitcoin (CRYPTO: BTC) finally tipped into the mainstream last year, thanks to the launch of the new spot Bitcoin exchange-traded funds (ETFs). Suddenly, it became as easy to buy and trade Bitcoin as any tech stock. For example, billionaire Ricardo Salinas -- one of the five richest people in Mexico right now -- says that 70% of his personal portfolio is in Bitcoin right now.

When it comes to crypto investments, there aren't too many that are more appealing to buy with $3,000 than XRP (CRYPTO: XRP). XRP's utility is the main thing that will cause its value to continue increasing over time. Because users can't execute international financial transfers at similar speeds or as cheaply with older money-transfer technologies, they're incentivized to buy and hold XRP themselves so that they can use it to make transfers.

Bitcoin (CRYPTO: BTC) is an asset most people have heard of but few really understand. Similarly, while it's easy to say you're going to buy something and hold it forever, without knowing a few key details to tie an investment's narrative together firmly in your mind, it's hard to have enough conviction to hold good investments through hard times. Here's what it is and why it's so important to the coin's supply dynamics.