Senator Pat Toomey, ranking member of the Senate Banking Committee, says he’s prepared to fix the broad definition of a cryptocurrency broker that’s contained within the Biden administration’s infrastructure bill bogged down in Congress. The comments come as the House is pushing for an imminent vote on a $550 billion so-called “hard” infrastructure bill, which would invest in…
Ethereum Ethereum fell by 1.50% on Thursday. Reversing a 0.26% gain from Wednesday, Ethereum ended the day at $4,537.15. A mixed start to the day saw Ethereum rise to an early morning intraday high $4,610.24 before hitting reverse. Falling short of the first major resistance level at $4,700, Ethereum slid to a late afternoon intraday low…
Square Inc., the digital-payments company run by Jack Dorsey, reported disappointing third-quarter sales, held back by a drop in Bitcoin-related revenue from its Cash App compared with the previous period. Shares slipped in late trading. Overall sales were $3.84 billion, up 27% from a year earlier but less than the average analyst estimate of $4.51…
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