Bitcoin/USD Coin Metrics
Investors are pumping money into the Trump trade. Here’s how it did last time
Wall Street has been pumping money into the Trump trade, but investors should be wary before committing capital based on campaign promises, if history is any indication. Investors have been pouring money into stocks tied to Donald Trump’s policies in the weeks before the presidential election and the days since, hoping the President-elect’s return to […]
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Dogecoin soars after Trump taps Elon Musk for department of government efficiency: CNBC Crypto World
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Fried Thiel […]
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BlackRock expands its tokenized money market fund to Polygon and other blockchains
The BlackRock logo is pictured outside the company’s headquarters in the Manhattan borough of New York City on May 25, 2021. Carlo Allegri | Reuters BlackRock has expanded its tokenized money market fund to include several more blockchains. The investment manager said Wednesday that its USD Institutional Digital Liquidity Fund (BUIDL) is now available to […]
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Bitcoin climbs above $91,000 for the first time as investors digest postelection gains, inflation data
Bitcoin rose above $91,000 for the first time on Wednesday, adding to its postelection rally, as traders pored through October inflation data Wednesday. The price of the flagship cryptocurrency was last higher by more than 2% at $91,705. At one point it briefly rose to a fresh record of $92,066.16. Traders were digesting the most recent […]
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Dogecoin surges 20% after Trump announces a Department of Government Efficiency — DOGE
Dogecoin shot higher on Tuesday night, extending its postelection surge after President-elect Donald Trump formally announced the creation of the Department of Government Efficiency, which he referred to as “DOGE” in his statement. Tesla CEO Elon Musk and Vivek Ramaswamy, former Republican presidential candidate and Strive Asset Management co-founder, will lead the department, Trump said […]
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Bitcoin to top $100,000 before year-end, according to bettors on Kalshi
Bitcoin is trading near record levels, and Kalshi users are betting that the cryptocurrency could rise above $100,000 before the end of 2024. Kalshi data on Tuesday showed that 60% of users are betting that bitcoin could hit the $100,000 mark before January. Additionally, 45% of users wagered the flagship cryptocurrency could reach the level this […]
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CNBC Daily Open: Best to stay prudent even in the postelection afterglow
Traders work at the New York Stock Exchange (NYSE), Friday, November 8, 2024. Source: NYSE This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you […]
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Bitcoin is closing in on $90,000 for the first time ever
Bitcoin was trading just shy of $90,000 Monday night after breaching $80,000 just a day earlier. The flagship cryptocurrency was last higher by 12% at $89,100, according to Coin Metrics. Earlier Monday, it rose as high as $89,623.00. Its price is expected by many investors to continue making fresh records on its way up to […]
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Bitcoin tops $82,000 as crypto euphoria over Trump win shows no sign of waning
Budrul Chukrut | SOPA Images | Lightrocket | Getty Images Bitcoin hit another high on Monday, as the rally in cryptocurrencies continued following Donald Trump’s election win. By 5:30 a.m. ET, bitcoin was trading 3.6% higher at $82,171, according to Coin Metrics. It comes after the flagship cryptocurrency touched $80,000 on Sunday for the first […]
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CNBC Daily Open: Trump kicked off the market rally, but he could also halt it
A trader wears a hat in support of Republican Donald Trump, after he won the U.S. presidential election, at the New York Stock Exchange (NYSE) in New York City, U.S., November 6, 2024. Andrew Kelly | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up […]
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