Bitcoin/USD Coin Metrics
Crypto will be ‘big boon’ for financial services over time, Robinhood CEO says: 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, Steven Lubka, […]
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Bitcoin rebounds from its worst week in more than a year, jumping above $57,000
Bitcoin jumped Monday evening and topped $57,000 after Wall Street’s rebound from its worst week of the year. The price of the flagship cryptocurrency was last higher by 5.6% at $57,4449.00, according to Coin Metrics. Last week, bitcoin tumbled 9% for its worst weekly performance since August 2023. Stock Chart IconStock chart icon Bitcoin performance […]
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The new Trump trade is bitcoin, price could top $80,000 if he wins election, according to Bernstein
As November’s Election Day draws nearer, so does bitcoin’s eventual breakout from this year’s narrow trading range, according to Bernstein. The flagship cryptocurrency has been stuck between $55,000 and $70,000 for most of the year — after reaching its all-time high in March — and is likely to remain in limbo until the U.S. determines […]
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The bitcoin ATM has emerged as one of cryptocurrency’s biggest threats
Bitcoin ATMs are a rapidly growing presence in the United States and, some experts say, a rapidly growing cybercrime menace. ATMs dealing in bitcoin are similar to their cash cousins: there are PINs to punch and withdrawal fees, just like any other ATM. Unlike cash ATMs, though, the high value of crypto makes them prime targets […]
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Ether has been dramatically underperforming bitcoin as the investment case for the cryptocurrency weakens
Crypto investors are starting to question the investment opportunity in ether . Ethereum has always been seen as the blockchain with a stronger and more easily understood value proposition as a smart contracts platform that could power many different types of applications. Now, investors are reckoning with the possibility that ether may have lost some […]
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Coinbase has worst week of the year as crypto stocks plummet
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 […]
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Bitcoin and ether head for second week of losses: 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, Hong Fang […]
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Bitcoin ETFs saw heaviest outflows in four months on Tuesday as crypto prices plunged
CFOTO | Future Publishing | Getty Images Spot bitcoin exchange-traded funds had their worst day in over four months on Tuesday as investors pulled some of their money alongside a broader market selloff. More than $287 million was withdrawn from the 11 U.S.-listed ETFs, the biggest day for outflows since May 1, according to Farside […]
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Bitcoin overnight sell-off takes it below $56,000 before stabilizing
Vertigo3d | iStock | Getty Images Bitcoin slid back toward $55,000 overnight as it caught up with Tuesday’s broader market sell-off. On Wednesday, the price of the flagship cryptocurrency was lower by 2% at $56,589.80, according to Coin Metrics. It fell sharply Tuesday night — to as low as $55,673.80 — with the start of […]
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CNBC Daily Open: Bitcoin isn’t really a currency (yet)
People walk past a neon sign advertising a Bitcoin and Ethereum crypto currency exchange in Warsaw, Poland on 19 May, 2024. Jaap Arriens | Nurphoto | Getty Images 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 […]
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