San Francisco Financial News
06.04 / 23:17
UPS
Ethereum
Provident
Lowe's
FTX.US Review 2022: A Crypto Exchange With NFTs, But Limited Coins
FTX.US offers advanced trading options, plus access to NFTs and low fees. But if you’re looking for more obscure cryptocurrencies, you might want to check out other exchanges that offer a wider variety crypto assets.
06.04 / 01:41
NASDAQ
DOW
Stock futures inch higher ahead of Fed minutes release
Stock futures inched higher in overnight trading Tuesday as investors await the latest insights into the Federal Reserve's policy tightening.
05.04 / 23:41
DOW
Action
Assurant
Key people from the Fed just spooked the markets — here's what they said
If there was any question about where the Federal Reserve stands on the key issue of the day — inflation — two important officials brought even more clarity on Tuesday.
05.04 / 22:31
COST
UPS
rate hikes
NOT
Fed's Mary Daly says high inflation 'is as harmful as not having a job,' pledges rate hikes ahead
San Francisco Fed President Mary Daly is worried about inflation, telling an audience Tuesday that the high cost of living is causing a heavy burden on society.
29.03 / 19:29
29.03 / 15:57
28.03 / 15:01
business
coinbase
Bitcoin
Coinbase to reportedly buy the $2.2B Brazilian unicorn behind Mercado Bitcoin
Coinbase is set to continue its global acquisition strategy, reportedly buying the Brazilian company 2TM, the parent company of Mercado Bitcoin.
18.03 / 06:03
cryptocurrency price today
Tether
Usd Coin
Top cryptocurrency prices today: Bitcoin, Avalanche, Ethereum gain up to 9%; Terra drops 2%
cryptocurrencies climbed up to 9 per cent in the last 24 hours, with Bitcoin topping the $41,000 mark and Avalanche and Ethereum seeing big swings. Bitcoin, the largest crypto by market value, was trading 0.69 per cent higher at $41,124.58, taking its seven-day gains to 0.8 per cent. Ethereum surged 2.9 per cent in the last 24 hours to $2,769. The second-largest cryptocurrency by market value has risen 3.9 per cent in the last one week. Tether, the third-largest, was almost flat at $1 and so was USD Coin, which was flat at $0.99. BNB added 1.19 per cent, XRP gained 2.01 per cent but Terra fell 2.12 per cent.
17.03 / 14:45
Blockchain
Adoption
Lightning Network
Bitcoin
The Internet of Beer: Robotics startup taps Bitcoin to deliver automated beverage
Pubinno, a San Francisco-based technology firm that creates the "Internet of Beer" with artificial intelligence, robotics and cloud computing platforms, has now integrated Bitcoin (BTC) payment infrastructure into its system.
12.03 / 14:35
Ripple
XRP
SEC
CEO
XRP soars >15% as Ripple wins the “Fair Notice Defense, but what’s next
The San Francisco-based payments company has long argued that the SEC didn’t give adequate notice of considering XRP to be a security. In fact, Brad Garlinghouse, CEO at Ripple hadreiterated the same in a 19 February tweet. Nonetheless, sensing a possible victory, defendant had clamped down on the SEC with different significant strikes.
07.03 / 19:25
Ripple
XRP
SEC
Action
end
Can SEC vs. Ripple case end this year or instead ‘ANYTIME’? Here’s the clue
The SEC vs Ripple lawsuit has consumed a full calendar year and naturally, many holding XRP – one of the biggest yet most controversial crypto assets on the market today – are worried that the court case might take up all of 2022 as well.
01.03 / 13:35
Blockchain
JPMorgan
Platform
JPMorgan Conducts Strategic Investment to Blockchain Firm TRM Labs, Expanding Crypto Business
On Monday, financial tycoon JPMorgan Chase (JPM) said it is making a “strategic investment” in San Francisco-based blockchain intelligence platform TRM Labs.
24.02 / 20:55
BLOCK
CEO
MicroStrategy
Bitcoin
How Square grew from a scrappy hardware start-up to payments powerhouse in a just over decade
In this weekly series, CNBC takes a look at companies that made the inaugural Disruptor 50 list, 10 years later.
24.02 / 14:15
Provident
Time
San Francisco Fed President Says March a Good Time to Raise Rates
Federal Reserve Bank of San Francisco President Mary Daly said on Wednesday she remains on board with the central bank raising interest rates next month.
13.02 / 13:47
Citi
Inflation Was Hottest in Atlanta, Mildest in San Francisco in 2021
Consumer prices rose faster last year in large U.S. metropolitan areas seeing an influx of new residents than in the nation overall, while inflation was milder in large coastal cities with less population growth.
12.02 / 08:25
Blockchain
Scams
Bitcoin
week
FBI warns against rising crypto romance scams during Valentine's week
The United States Federal Bureau of Investigation (FBI) has issued a warning against the rise in romance scams in the San Francisco Bay Area, with the latest trend involving cryptocurrencies.
11.02 / 16:45
FIVE
Action
Remark
rate hikes
The Fed is likely to still take a measured approach to rate hikes despite calls for bigger action
Several Federal Reserve officials, both privately and publicly, are pushing back against calls by St. Louis Fed President Jim Bullard Thursday for super-sized rate hikes, and instead suggesting the central bank is likely to embark initially on a more measured path.
10.02 / 06:41
business
NFT
Crypto Collectibles
FarmVille developer Zynga set to release first NFT game this year
San Francisco-based game developer Zynga, best known for the FarmVille and CSR Racing series, has announced plans to release its first blockchain and NFT-based games this year.
09.02 / 00:07
Ripple
XRP
CEO
Bitcoin
Why Does Ripple Want More Government Regulation?
Ever since their inception, cryptocurrencies have railed against government interference and regulation. But Ripple wants governments to step in.
09.02 / 00:07
Digital
Ripple
XRP
CEO
Ripple Execs Are Now Billionaires Thanks to XRP's Success
As the total value of the digital currency industry tops $600 billion, scores of new millionaires (and even billionaires) have emerged. Two of the newest billionaires who have enjoyed massive windfalls from the success of XRP are Ripple's current and former CEOs Chris Larsen and Brad Garlinghouse.
05.02 / 03:09
Blockchain
Digital
coinbase
acquires
Coinbase Acquires ID Startup, Distributed Systems
Leading cryptocurrency exchange Coinbase has announced the acquisition of Distributed Systems, a San Francisco-based startup that is working on decentralized identity solutions. As a part of the acquisition, the five-person team at Distributed Systems will join the group at Coinbase involved in building identity solutions. Coinbase did not reveal the terms of the deal.
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