(Bloomberg) -- Bitcoin has spent the weekend so far trading well shy of the landmark $100,000 level, once again dashing enthusiasts’ hopes that the oldest of digital assets would breach that significant financial — and psychological — threshold. But the momentum hasn’t quite been enough for the largest crypto token to set a major new milestone. While Bitcoin came within $300 of the $100,000 mark on Friday afternoon, it seemed unable to push past $99,000 on Saturday. Charles Schwab Corp.’s incoming Chief Executive Officer Rick Wurster said Thursday the firm will get into offering spot crypto trading once regulatory changes materialize. “These digital assets are structurally vulnerable to runs and lack a comprehensive federal prudential regulatory framework,” the Fed said in its semi-annual financial stability report.

Source: Mint November 24, 2024 16:01 UTC