PayPal shares soar after the company beat expectations on earnings and revenue and announces positive news about its peer-to-peer app Venmo.
Venmo, which has struggled to prove its money-making ability for PayPal, had a breakout third quarter with volumes surging nearly 80 percent.
PayPal reported third-quarter earnings and revenue that topped Wall Street estimates on Thursday.
Merger and acquisition activity for cryptocurrency companies has more than doubled in the past year amid a slump in prices, according to JMP Securities and data from PitchBook.
Billionaire owner of the Golden Nugget Casinos Tilman Fertitta plans to offer Caesars Entertainment $13 per share in a potential merger, sources tell CNBC.
Fidelity Investments, which handles more than $7.2 trillion in client assets, announced a new and separate company called Fidelity Digital Asset Services on Monday.
The entire market capitalization for cryptocurrencies fell by $18 billion over the course of three days, according to CoinMarketCap.com.
J.P. Morgan is telling its clients to make the most of the market's massive sell-off this week.
Circle has been buying up exchanges and other start-ups in a bet that despite a slump in prices, the crypto economy is here to stay.
Fundstrat's Tom Lee says the equity pullback this week looks more like a changing of leaders and laggards than a reason to sell.