Mastercard Inc. said Wednesday that it would begin allowing merchants to accept some cryptocurrencies on its network later this year, marking the latest embrace of digital coins by a traditional payments player.
Bitcoin prices have been scaling new heights recently, and the basic dynamic of tighter supply and increased demand has underpinned that climb, according to a report compiled by London-based crypto custodian Copper.co.
A member of the World Health Organization team that traveled to the Chinese city of Wuhan to investigate the origins of the coronavirus pandemic hit back at criticism of the mission from the U.S. State Department, suggesting the former administration was “disengaged” and out of touch.
U.S. wholesale inventories rose by 0.3% in December as companies worked to increase their stockpile of goods in anticipation of higher sales and a faster economic recovery.
Stocks rise Wednesday, with major benchmarks resuming a march higher after the Dow Jones Industrial Average and the S&P 500 snapped six-day winning streaks.