Bitcoin/USD Coin Metrics
Bitcoin rises as crypto and other risk assets look to rebound from sell-off
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 4% at $55,342.00, according to Coin Metrics. Ether, rose more than 2% to $2,452.22. However, stocks tied to the price of bitcoin […]
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Crypto ETFs get first major test after $370 billion market sell-off
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 […]
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Bitcoin briefly drops below $50,000 for the first time since February
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 […]
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Crypto selloff wipes out $270 billion in value as bitcoin, ether plunge
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. […]
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Morgan Stanley tells wealth advisors they can pitch bitcoin ETFs in a first for a big bank
Key Points Morgan Stanley on Friday told its army of financial advisors that it will soon allow them to offer bitcoin ETFs to some clients, a first among major Wall Street banks, CNBC has learned. The firm’s 15,000 or so financial advisors can solicit eligible clients to purchase shares of two exchange-traded bitcoin funds starting […]
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Crypto slides to begin August trading, nearly erasing its July gain
A visual representation of the cryptocurrency bitcoin in London, England, on Nov. 20, 2018. Jordan Mansfield | Getty Images Stock Chart IconStock chart icon Bitcoin tumbles with stocks on Thursday Disappointing data out Thursday fueled investor worries that the U.S. economy could be at risk of a recession — a day after the Federal Reserve […]
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Trump’s bitcoin strategy was shared behind closed doors with CEOs who raised $25 million. Here’s what he told them.
Former President and 2024 Republican presidential candidate Donald Trump gestures while giving a keynote speech on the third day of the Bitcoin 2024 conference in Nashville, Tennessee on July 27, 2024. Jon Cherry | Getty Images News | Getty Images NASHVILLE — On Saturday morning at around 11:00 A.M. at the world’s biggest bitcoin conference […]
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Russia considers legalizing crypto for global payments as it faces ongoing sanctions
Key Points The lower house of the Russian Parliament will consider a law that permits making international payments via cryptocurrencies, Russia’s central bank governor Elvira Nabiullina said Tuesday. Russia’s central bank is also itself looking to move money across borders using crypto before the end of 2024, Nabiullina said. The U.S. and its allies have […]
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Bitcoin moves toward $70,000 then dips as investors digest political developments: 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, CNBC Crypto […]
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Bitcoin nears $70,000 as investors digest Trump crypto comments and look ahead to central bank meetings
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 […]
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