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
Omar Marques | Lightrocket | Getty Images Bitcoin hovered around the flat line higher late Wednesday 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 trimmed earlier losses and was last trading flat at $46,671.22, according to Coin Metrics. … Read more
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
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
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 12% at $62.38. Earlier in the day it climbed … Read more
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 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
Jakub Porzycki | Nurphoto | Getty Images The price of bitcoin bounced on Tuesday, reversing losses from the previous day that were driven by fears around FTX liquidations. Bitcoin was last higher by 4.5% at $26,185.72, according to Coin Metrics. On Monday, bitcoin dipped below the key $25,000 support level for the first time since … Read more
The cryptocurrency market fell to start the week as traders turned their focus to new inflation data and digested the latest in the SEC’s legal battle with Ripple. Bitcoin fell more than 2% to trade at $25,108.53, according to Coin Metrics. Ether, whose moves follow those of bitcoin as a “blue chip” crypto asset rather … Read more