Omer Taha Cetin | Anadolu | Getty Images Cryptocurrencies resumed their rebound from their big sell-off earlier in the week, with bitcoin topping $60,000 late Thursday. The price of the flagship cryptocurrency was last higher by 11% at $61,232.36, according to Coin Metrics, rising above the $55,000 floor that has supported it for much of … Read more
The crypto markets appear calm heading into the weekend after a volatile week that tested how institutional investors new to the crypto trade would react to the mammoth swings that are old hat for more seasoned digital currency investors. The sell-off in bitcoin and ether began earlier this week and wiped out $367 billion in … Read more
Semler Scientific, a little-known medical technology company, saw its shares surge Tuesday after it said it has adopted bitcoin as its primary treasury reserve asset, taking a page out of MicroStrategy’s playbook. The company, which develops products used in the detection of peripheral arterial disease, also announced a purchase of 581 bitcoins for about $40 … Read more
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
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
CostFoto | Nurphoto | Getty Images Shares of MicroStrategy tumbled on Tuesday alongside the price of bitcoin, as the company bought even more of the cryptocurrency. The stock was last lower by 12%. Earlier, it fell as much as 18%. The move came as MicroStrategy bought an additional 9,245 bitcoins for about $623 million, according … 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 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
Michael Saylor, chairman and CEO of MicroStrategy, speaks during the Bitcoin 2022 conference in Miami on April 7, 2022. Eva Marie Uzcategui | Bloomberg | Getty Images Whenever Michael Saylor utters the word bitcoin, MicroStrategy shares pop. He’s been doing a lot of uttering lately. On Monday, the MicroStrategy founder posted on X that his … Read more
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
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