Ether extends its rally following 20% surge on fresh ether ETF optimism

Ether extends its rally following 20% surge on fresh ether ETF optimism

Omar Marques | Lightrocket | Getty Images Cryptocurrencies rallied on Monday night amid a late surge in optimism around the U.S. Securities and Exchange Commission’s decisions on spot ether exchange-traded funds applications, the first of which is due this week. Ether led the rally, rising 9% to $3,680.98, according to Coin Metrics. Earlier in the … Read more

Bitcoin jumps 6%, verges on $70,000 to start the week

Bitcoin jumps 6%, verges on ,000 to start the week

Nicolas Economou | Nurphoto | Getty Images Bitcoin spiked to start the final week of March, reclaiming the $69,000 level. The price of the flagship cryptocurrency was last higher by about 6% at $69,778.60, according to Coin Metrics. Ether jumped 5% to $3,575.01. Most other cryptocurrencies rode the bitcoin wave, too. MicroStrategy, which trades as … Read more

Bitcoin briefly slumps below $63,000 after hitting $73,000 last week

Bitcoin briefly slumps below ,000 after hitting ,000 last week

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 6% at $62,918.35, according to Coin Metrics. Last week it climbed to a record $73,679. The move helped drag other cryptocurrencies lower. Ether lost more than 5% and was recently trading at … Read more

Bitcoin rises to a new record, ether breaks through $4,000

Bitcoin rises to a new record, ether breaks through ,000

Jakub Porzycki | Nurphoto | Getty Images Bitcoin extended recent gains and climbed to another record to start the week. The price of the flagship cryptocurrency was last higher by 3% at $72,022.16, according to Coin Metrics. Earlier, it reached an all-time high of $72,750.16. Last week, bitcoin hit new records in volatile trading for … Read more

Cryptocurrencies recover after bitcoin retreats from new record

Cryptocurrencies recover after bitcoin retreats from new record

Selim Korkutata | Anadolu Agency | Getty Images Cryptocurrencies bounced on Wednesday, recovering much of the losses from the previous day’s sell-off, which came soon after bitcoin hit an all-time high. Bitcoin jumped 7.2% to $66801.38, according to Coin Metrics, while ether rocketed more than 12% to $3,793.99, its highest level since January 2022. On … Read more

Bitcoin tops $65,000 as it nears 2021 all-time high

Bitcoin tops ,000 as it nears 2021 all-time high

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 3.7% at $65,127.00, according to Coin Metrics. Earlier, it rose to as much as $65,606.17, its … Read more

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

Crypto VC funding climbs for first time in 2 years after bitcoin rally

Crypto VC funding climbs for first time in 2 years after bitcoin rally

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

Bitcoin (BTC) regains $1 trillion market cap after price rise

Bitcoin (BTC) regains  trillion market cap after price rise

Bitcoin surged to another more than two-year high on Wednesday, pushing its market cap back over $1 trillion as growing success of U.S. spot bitcoin ETFs turned investor sentiment more positive. The flagship cryptocurrency was last higher by 4% at $51,789.58, according to Coin Metrics. Earlier in the morning it rose to $52,079.00, its highest … Read more

Stocks making the biggest moves midday: UBER, ABNB, MGM, HOOD

Stocks making the biggest moves midday: UBER, ABNB, MGM, HOOD

Check out the companies making headlines in midday trading. Uber — Uber’s shares jumped 11%, climbing to a new 52-week high, after the ride-hailing company announced an inaugural $7 billion share repurchase authorization program. Uber also said it expects gross bookings growth to be in the mid to high-teens over the next three years. Lyft … Read more