Bitcoin reversed higher on Wednesday as investors took a pause from the recent pullback and weighed the Federal Reserve’s latest policy decision. The price of the flagship cryptocurrency was last higher by 1% at $65,381.29, according to Coin Metrics. Earlier in the day, it fell as low as $60,793.60. Cryptocurrencies cut earlier losses at the … Read more
Bitcoin extended its slide on Tuesday, dropping more than $10,000 from its all-time high last week. The flagship cryptocurrency was last lower by 4% at $64,061.09, according to Coin Metrics. Earlier it fell to as low as $62,320.30, after reaching a record of $73,679 last week. “As ETFs buy up available supply of bitcoins on … Read more
Jaap Arriens | NurPhoto | Getty Images The price of bitcoin rose to start the week, edging even closer to its all-time high after the rally took a breather over the weekend. The flagship cryptocurrency was last higher by nearly 6% at $66,515.50, according to Coin Metrics. Earlier, it rose to as much as $66,617.06, … Read more
The bitcoin halving is an event that happens roughly every four years where rewards to miners are cut in halve, effectively limiting supply of the token. S3studio | Getty Images Bitcoin, the world’s largest cryptocurrency by market cap, extended a rally in Asia trading on Tuesday, reaching a two-year high of over $56,000 and uplifting … Read more
Bitcoin. Nurphoto | Getty Images The price of bitcoin shot above the $54,000 level on Monday after waking up from a week of tepid trading. The flagship cryptocurrency was last higher by 5% at $54,384.81, according to Coin Metrics. At its session high, bitcoin hit $54,965.26 and reached its highest level since December 2021. “Today … Read more
Jonathan Raa | Nurphoto | Getty Images Crypto had a big bounceback year in 2023. Now, venture investors are returning. Venture funding for crypto-related companies in the fourth quarter of 2023 totaled $1.9 billion, a 2.5% increase from the prior quarter, PitchBook said Thursday. It marks the first time that venture VC investments in crypto … Read more
An image of bitcoin and U.S. currencies is displayed on a screen during the Interpol World Congress in Singapore on July 4, 2017. Roslan Rahman | AFP | Getty Images Cryptocurrencies fell Tuesday amid a broader market sell-off following a hotter-than-expected CPI reading. Bitcoin was down 3% to $48,535.17, according to Coin Metrics. The day … Read more
Combination showing Former FTX CEO, Sam Bankman-Fried (L) and Zhao Changpeng (R), founder and chief executive officer of Binance. Getty Images | Reuters After a brutal 18 months of bankruptcies, company failures and criminal trials, the crypto market is starting to claw back some of its former standing. Bitcoin is up more than 150% this … Read more
Santa Claus looks on at the 98th Annual Christmas Tree lighting ceremony at the New York Stock Exchange on December 1, 2021 in New York. Bryan R. Smith | Afp | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on … Read more
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