Coinbase Global Inc
The case for altcoins and memes as bitcoin, now approaching $100,000, faces a potential correction
With bitcoin closing in slowly on $100,000 this week, the crypto market saw a big rotation into other cryptocurrencies, or “altcoins” on Thursday following the resignation announcement of Gary Gensler , the current chair of the Securities and Exchange Commission whose regulation-by-enforcement approach to crypto has made him a villain to the industry. There are […]
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SEC Chair Gary Gensler will step down Jan. 20, making way for Trump replacement
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler testifies before a House Financial Services Committee oversight hearing on Capitol Hill in Washington, U.S. September 27, 2023. Jonathan Ernst | Reuters Securities and Exchange Commission Chair Gary Gensler will resign on Jan. 20, the agency announced Thursday, paving the way for President-elect Donald Trump to […]
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Stocks making the biggest moves midday: Netflix, Alphabet, Nvidia, BJ’s Wholesale Club and more
Check out the companies making headlines in midday trading. Nvidia — Shares of the chipmaker dipped about 1% in midday trading, after gyrating earlier in the session. Nvidia beat on top and bottom lines for the third quarter, posting adjusted earnings of 81 cents per share on revenue of $35.08 billion. Analysts polled by LSEG […]
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Stocks making the biggest moves premarket: Snowflake, Nvidia, BJ’s Wholesale and more
Check out the companies making headlines before the bell. Snowflake – Shares surged more than 21% following the company’s better-than-expected third-quarter results and strong guidance. Snowflake posted adjusted earnings of 20 cents per share on revenue of $942 million. Analysts surveyed by LSEG were looking for 15 cents in earnings per share on revenue of […]
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Bitcoin rises to a fresh record above $94,000 as investors watch Trump transition, ETF options
Jonathan Raa | Nurphoto | Getty Images Bitcoin advanced past $94,000 on Wednesday for the first time as traders continued to monitor President-elect Donald Trump’s transition back to the White House and weighed early options trading on bitcoin ETFs. The price of the cryptocurrency was last higher by more than 1% at $94,461.75, according to […]
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Bitcoin edges higher as tensions mount between Ukraine and Russia
Thomas Trutschel | Photothek | Getty Images Bitcoin moved higher on Tuesday even as other risk assets sold off amid rising geopolitical tensions between Ukraine and Russia. The price of the flagship cryptocurrency was last higher by less than 1% at $92,003.28, according to Coin Metrics, just below the all-time high of $93,469.08 reached last […]
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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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Stocks making the biggest moves premarket: Shopify, Home Depot, Live Nation Entertainment and more
Check out the companies making headlines before the bell. Shopify — The e-commerce platform operator popped 14% after posting third-quarter operating income of $283 million, up from $122 million in the same quarter a year ago. Shopify’s revenue of $2.16 billion also came above a FactSet estimate of $2.12 billion. Home Depot — Shares of […]
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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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Elon Musk is $70 billion richer since Trump victory due to Tesla stock surge
Elon Musk on stage before Republican presidential nominee former President Donald Trump speaks at a rally at Madison Square Garden in New York, NY on Sunday, October 27, 2024. The Washington Post | The Washington Post | Getty Images Elon Musk spent $44 billion to buy Twitter, now known as X, and at least $130 […]
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