Bitcoin rips through $54,000 for the first time since December 2021

Bitcoin rips through ,000 for the first time since December 2021

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 $54,460.00, according to Coin Metrics. At its session high, bitcoin hit $54,965.26 and reached its highest level since December 2021. “Today … Read more

Binance CEO Changpeng Zhao to plead guilty to federal charges, step down

Binance CEO Changpeng Zhao to plead guilty to federal charges, step down

Binance chief Changpeng Zhao will plead guilty to criminal charges and step down as the company’s CEO as part of a $4.3 billion settlement with the Department of Justice, according to court documents. The plea arrangement with the government resolves a multi-year investigation into the world’s largest crypto exchange. Zhao and others are charged with … Read more

Ether tops $2,000 for the first time since April, bitcoin climbs to an 18-month high

Ether tops ,000 for the first time since April, bitcoin climbs to an 18-month high

Jakub Porzycki | NurPhoto | Getty Images The price of ether jumped Thursday, topping the key $2,000 level for the first time since April, after BlackRock filed for a spot ether ETF. Ether was last higher by 7.5% at $2,037.39, according to Coin Metrics. Meanwhile, bitcoin rose 5% to $37,504.34, its highest level since May … Read more

Bitcoin tops $37,000 for the first time in six months as optimism about a forthcoming ETF builds

Bitcoin tops ,000 for the first time in six months as optimism about a forthcoming ETF builds

Bitcoin has had a strong start to the year with the cryptocurrency seeing a huge rally. Jakub Porzycki | Nurphoto | Getty Images Bitcoin rose to a new high for 2023 on Thursday as optimism around a potential bitcoin ETF approval continued to build. The price of the flagship cryptocurrency rose more than 3.5% to … Read more