Bitcoin rallies to 2-year high of $49,000 then fizzles as crypto ETFs debut

Bitcoin rose in volatile trading Thursday after the Securities and Exchange Commission gave the green light for the first-ever spot bitcoin ETFs to trade in the U.S., as expected. The cryptocurrency was last up 1% at $46,289.15, according to Coin Metrics. Earlier, it punched above $49,000, reaching levels not seen since December 2021. Meanwhile, the … Read more

Cryptocurrencies dip as investors digest regulatory updates from Binance, Kraken

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

Bitcoin rises from a two-week buying and selling lull as Moody’s downgrade hits U.S. banking sector

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