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
A representation of cryptocurrency Ethereum is placed on a PC motherboard in this illustration taken on June 16, 2023. Dado Ruvic | Reuters The price of ether jumped on Wednesday as investors moved into the cryptocurrency ahead of key upside catalysts expected in January. Ether was last higher by 6%, according to Coin Metrics. Solana’s … 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
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 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
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
Cryptocurrencies rose broadly on Tuesday in opposition with the inventory market after the scores company Moody’s put the U.S. banking sector on watch. Bitcoin superior about 2.5% and was final buying and selling at $29,785.88, based on Coin Metrics. The worth of the flagship cryptocurrency failed to maneuver greater than 1% in both path for … Read more
Crypto costs climbed to finish the week Friday, a day after the biggest asset supervisor on this planet jumped into the race to launch the primary spot bitcoin exchange-traded fund within the U.S. Bitcoin ended the day larger by 3.75% at $26,355.04, in response to CoinMetrics, whereas ether superior 3% to $1,718.32. Even altcoins rose, … Read more