| Mobile Web

Search results for Wall Street Journal

Crypto

Clarity bill pushed to September as bitcoin sets August high

The crypto industry’s main focus was the U.S. Senate’s Clarity Act, but a vote before the August recess fell through and consideration moved to September. A White House crypto adviser blamed Democrats for the delay, while the industry voiced disappointment and warned of widening regulatory gaps. Despite uncertainty, bitcoin climbed above $65,300 to an August high and held above $65,000, with institutional buying continuing. Altcoins moved unevenly as technical and policy risks resurfaced.

AI & Enterprise

SaaS end debate enters second round as AI-unadapted firms face crisis talk

A debate over whether AI will squeeze out software-as-a-service companies has resurfaced, intensifying after second-quarter results from major global SaaS firms. While growth has not collapsed, many companies face pressure in valuations and share prices, with some reporting sharp declines. The Wall Street Journal cited acquisitions and restructuring among private firms and warned that SaaS providers that fail to adapt to AI could weaken. Interest is rising in SaaS firms using AI to boost efficiency and profitability.

Crypto

Ripple CLO rebuts WSJ editorial calling crypto backers \'Crypto Bros\'

Ripple Chief Legal Officer Stuart Alderoty pushed back against a Wall Street Journal editorial that described cryptocurrency supporters as “Crypto Bros,” arguing U.S. crypto ownership is not confined to a young male group. He said about 67 million Americans hold crypto, about one third of them women, and that holders aged 55 and older outnumber those under 25. The dispute stems from a WSJ opinion piece on the Clarity market-structure bill and has broadened into a debate over public perceptions of the industry.