New York City Mayor Eric Adams converts his first paycheck into cryptocurrency
CBSN
New York City's new mayor, Eric Adams, plans to convert his first paycheck this week into two cryptocurrencies, which he has been hyping as a potential economic engine for the city.
His timing couldn't have been better. Cryptocurrency prices continue to decline with bitcoin dropping to a five-month low Friday at $38,568.18 a share. Etherium, the second largest cryptocurrency after bitcoin, fell more than 12.5%, trading at just below $2,800.

Washington — President Trump said early Monday that he is postponing airstrikes on Iran's power plants after "very good and productive conversations" over the last two days about reopening the Strait of Hormuz. However, Iran's foreign ministry denied any such talks. Claire Day contributed to this report. In:












