SAN ANSELMO, CALIFORNIA – JUNE 06: In this photo illustration, the Coinbase logo is displayed on a screen on June 06, 2023 in San Anselmo, California. The Securities And Exchange Commission has filed a lawsuit against cryptocurrency exchange Coinbase for allegedly violating securities laws by acting as an exchange, a broker and a clearing agency […]
Coinbase has worst week of the year as crypto stocks plummet Read More »
Cryptocurrencies fell Tuesday evening as Asia futures pointed lower, triggering a wave of liquidations on the Bybit exchange. The price of bitcoin was last lower by 6.2% at $59,504.68, according to Coin Metrics. Ether tumbled more than 8% to $2,457.61. “Crypto markets moved down sharply, triggering a leverage driven liquidation,” said Steven Lubka, head of
Cryptocurrencies tumble amid a wave of long liquidations, bitcoin falls under $60,000 Read More »
When the SEC opened the door in January for bitcoin exchange-traded funds to hit the mainstream, many traditional financial institutions across Wall Street and beyond finally had the opportunity to buy into crypto. Since then, money has poured in, but in fits and starts. On Wednesday, banks and hedge funds with more than $100 million
The crypto markets appear calm heading into the weekend after a volatile week that tested how institutional investors new to the crypto trade would react to the mammoth swings that are old hat for more seasoned digital currency investors. The selloff in bitcoin and ether began earlier this week and wiped out $367 billion in
Bitcoin plunged 28%. Institutional investors bought the dip Read More »
Omar Marques | Lightrocket | Getty Images Bitcoin and ether are gaining back ground after falling to their lowest level in six months on Monday in the first major test of the recently launched crypto exchange-traded funds. As of early Monday, roughly $370 billion Dollars had been wiped off the market cap of all digital
Crypto ETFs get first major test after $370 billion market sell-off Read More »
Cryptocurrencies on Tuesday recovered some of the previous day’s losses after bitcoin briefly fell under $50,000 for the first time in six months. The price of the flagship cryptocurrency was last higher by 3.5% at $55,051.74, according to Coin Metrics. Ether, rose more than 2% to $2,457.73. Markets broadly bounced early Tuesday, including stocks tied
Bitcoin rises slightly as crypto and other risk assets look to rebound from sell-off Read More »
Bitcoin fell sharply after a sell-off of major U.S. stock indices. Bitcoin has been correlated closely to the price movement of the Nasdaq index. Luke MacGregor | Bloomberg | Getty Images Cryptocurrencies tumbled amid a global market sell-off spurred by recession fears. The price of bitcoin sank more than 11% on Monday to $52,501.62, according
Bitcoin tumbles more than 10%, sinking below $53,000 for the first time since February Read More »
Nurphoto | Nurphoto | Getty Images The cryptocurrency market plummeted in value on Sunday, as investors continued selling out of risky assets. Led by a drop of 11% in bitcoin in the past 24 hours and a 21% plunge in ether, the overall value of cryptocurrencies sank by about $270 billion, according to CoinGecko data.
Crypto selloff wipes out $270 billion in value as bitcoin, ether plunge Read More »
Sopa Images | Lightrocket | Getty Images Cryptocurrencies rose to begin the final week of July as traders digested a slew of political developments that took place over the weekend and looked ahead to central bank meetings this week. Bitcoin was last higher by 2% at $69,640.00, according to Coin Metrics. Ether rose 3% to
Republican presidential nominee and former U.S. President Donald Trump speaks as he campaigns in Charlotte, North Carolina, on July 24, 2024. Marco Bello | Reuters NASHVILLE — Former President Donald Trump stopped short of promising to establish an official U.S. bitcoin strategic reserve currency during his Saturday keynote speech at the biggest bitcoin conference of
Trump didn’t match RFK Jr.’s promise to build a ‘bitcoin Fort Knox’ — here’s why Read More »
