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Noted economist Peter Schiff on Thursday said Strategy’s Bitcoin-heavy strategy is a “bigger Ponzi” than Bitcoin itself, arguing that the company’s stock will collapse before the cryptocurrency does. Speaking in an interview with Yellow.com on the sidelines of Binance blockchain week, Schiff said th

Renowned economist Peter Schiff says BlackRock CEO Larry Fink “may be lying” about his apparent shift toward supporting Bitcoin, arguing that Fink’s recent apologies for dismissing crypto are driven by business incentives rather than genuine conviction. Schiff also made clear that his own stance on

Bank of America now allows advisers to proactively recommend cryptocurrency investments to wealthy clients across its wealth management platforms, marking a significant shift in the bank's approach to digital assets. The guidance applies to clients at Merrill, Bank of America Private Bank and Merril

Strategy chairman Michael Saylor confirmed the company is in discussions with MSCI ahead of a Jan. 15 deadline that could remove the world's largest corporate Bitcoin holder from major stock indices. The index provider is considering whether companies that primarily accumulate cryptocurrencies resem

Charles Schwab CEO Rick Wurster said the brokerage remains open to cryptocurrency acquisitions if valuations align with the firm's strategic goals. He outlined the company's broader digital asset ambitions, which include launching spot trading and potentially issuing a stablecoin. What Happened: Acq