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Bitcoin hits highest level since July, boosting other coins and crypto-related stocks

Bitcoin hits highest level since July, boosting other coins and crypto-related stocks

Avishek Das | Lightrocket | Getty Images The price of bitcoin neared $68,400 on Wednesday, reaching its highest level since July and sparking a rally across the crypto sector. Bitcoin is up more than 9% over the past week and ether is up about 7%. Other popular coins have also rallied, with solana up close […]

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FTX creditors will make money on bankruptcy: .19 for every dollar

FTX creditors will make money on bankruptcy: $1.19 for every dollar

Almost all of the creditors of failed crypto company FTX will end up profiting from the money they put into the exchange, a federal bankruptcy judge ruled Monday. Nearly two years after FTX spiraled into bankruptcy, a Delaware judge approved the company’s reorganization plan, which involves paying out more than $14 billion to customers of

FTX creditors will make money on bankruptcy: $1.19 for every dollar Read More »

Bitcoin hits highest level since July, boosting other coins and crypto-related stocks

Bitcoin tumbles back to the $60,000 level as tensions in the Middle East heighten

Jonathan Raa | Nurphoto | Getty Images Cryptocurrencies slid on Tuesday night, with bitcoin dropping back to the $60,000 level after a shaky start to what is usually one of its strongest months. The flagship crypto was last off by nearly 4% at $60,972.62, according to Coin Metrics. Around 4:45 p.m. Eastern time, bitcoin slid

Bitcoin tumbles back to the $60,000 level as tensions in the Middle East heighten Read More »

Bitcoin hits highest level since July, boosting other coins and crypto-related stocks

Bitcoin and crypto stocks sink after last week’s rally, but still head for a positive September

Bitcoin. Nurphoto | Getty Images Bitcoin and crypto stocks retreated on the final trading day of September, following a rally last week, but are still poised to post a positive month. The flagship cryptocurrency was last lower by 3.5% at $63,612.63, after briefly reclaiming the $65,000 level last week, according to Coin Metrics. Crypto stocks

Bitcoin and crypto stocks sink after last week’s rally, but still head for a positive September Read More »

Bitcoin hits highest level since July, boosting other coins and crypto-related stocks

Bitcoin and crypto stocks rise after the Fed cuts rates by half a percentage point

Roslan Rahman | AFP | Getty Images Cryptocurrencies rose as part of a broad market rally Thursday, one day after the Federal Reserve delivered a half percentage point reduction in interest rates, the first in more than four years. The price of bitcoin was recently higher by 3.5% at $62,417.48, according to Coin Metrics, building

Bitcoin and crypto stocks rise after the Fed cuts rates by half a percentage point Read More »

Crypto spending on 2024 election hits 0 million, led by Winklevoss twins

Crypto spending on 2024 election hits $190 million, led by Winklevoss twins

Tyler Winklevoss and Cameron Winklevoss (L-R), creators of crypto exchange Gemini Trust Co., on stage at the Bitcoin 2021 Convention, a cryptocurrency conference held at the Mana Convention Center in Wynwood in Miami, Florida, on June 4, 2021. Joe Raedle | Getty Images Cameron and Tyler Winklevoss are the biggest individual crypto donors this election

Crypto spending on 2024 election hits $190 million, led by Winklevoss twins Read More »

Ripple’s XRP jumps as much as 9% as Grayscale introduces XRP trust that could pave way for an ETF

Ripple’s XRP jumps as much as 9% as Grayscale introduces XRP trust that could pave way for an ETF

The ripple cryptocurrency altcoin sits arranged for a photograph in London on April 25, 2018. Jack Taylor | Getty Images News | Getty Images The price of Ripple’s XRP token jumped Thursday after Grayscale announced the launch of a new trust that gives accredited investors direct exposure to the cryptocurrency.  XRP was last higher by

Ripple’s XRP jumps as much as 9% as Grayscale introduces XRP trust that could pave way for an ETF Read More »

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