Yuichiro Chino | Moment | Getty Images Crypto prices have recovered from a big dip earlier in the week, with bitcoin hitting a new high for 2023 on Friday. Bitcoin was last higher by 1.42% at $37,862.76 for the first time since May 2022, according to Coin Metrics. It’s on pace to end the week higher … Read more
The logo of HTX, formerly known as Huobi, is seen on the screen of a mobile device in this photo. Nurphoto | Nurphoto | Getty Images Two cryptocurrency platforms linked to high-profile digital entrepreneur Justin Sun were hacked in two exploits that may have stolen an estimated $115 million to date. The targeted projects include … Read more
Founder and CEO of Binance Changpeng Zhao, commonly known as “CZ”, attends the “CZ meets Italy” at Palazzo Brancaccio on May 10, 2022 in Rome, Italy. Antonio Masiello | Getty Images Cryptocurrencies were slightly lower Tuesday, as investors weighed a batch of regulatory updates from Washington involving some of the biggest names in crypto: Binance, … Read more
The logo of cryptocurrency platform Solana. Jakub Porzycki | NurPhoto via | Getty Images The price of the Solana token jumped Wednesday amid an ongoing rally in altcoins and bullish remarks on the token from famed tech investor Cathie Wood. Solana was last higher by nearly 10% at $61.36. Earlier in the day it climbed … Read more
Bitcoin. Filip Radwanski | Sopa Images | Lightrocket | Getty Images The price of bitcoin briefly topped $35,000 for the first time since May 2022, bolstered by positive sentiment about a bitcoin exchange-traded fund that led to a spike in short liquidations. On Tuesday bitcoin was up by more than 10% at $34,624.82, its highest … Read more
Bitcoin extended its weekly gains on Friday, briefly topping $30,000 at one point for the second time this week, as confidence a spot bitcoin ETF will soon be greenlit grew and crypto investors continued weighing uncertainty in the U.S. and abroad. The price of the flagship cryptocurrency was last higher by 2.4% on Friday at … Read more
Investor appetite for ether futures exchange-traded funds has remained muted, despite a surge in new listings. Six new ether futures funds from Bitwise Asset Management, ProShares and VanEck launched on Oct. 2. As of Thursday’s close, all six funds have posted losses of 5% or greater since their debuts. The broader outlook for crypto is … Read more
Brian Armstrong, chief executive officer of Coinbase Global Inc., speaks during the Messari Mainnet summit in New York, on Thursday, Sept. 21, 2023. Michael Nagle | Bloomberg | Getty Images Coinbase CEO Brian Armstrong is unhappy with JPMorgan Chase’s decision to block crypto-related transactions at its U.K. digital banking subsidiary, Chase UK. Chase UK earlier … Read more
A worsening macroeconomic local weather and the collapse of business giants resembling FTX and Terra have weighed on bitcoin’s worth this 12 months. STR | Nurphoto through Getty Pictures Cryptocurrency costs remained below strain to finish the week. Bitcoin ended the day decrease by about 6% at $26,038.41, based on Coin Metrics. It wavered over … Read more
Cryptocurrencies have been underneath strain Thursday as buyers grappled with renewed considerations concerning the U.S. economic system. Bitcoin was final decrease by about 4% at $27,901.60, in accordance with Coin Metrics. The slide started after the minutes of the Federal Reserve’s July coverage assembly have been launched Wednesday. The minutes cautioned that Fed officers see … Read more