[MarketWatch As the Federal Reserve raised its benchmark interest rate for the fourth time this year on Wednesday to cool off inflation, I caught up with Ben McMillan, founder and chief investment officer at IDX Digital Assets, to chat about the recent status of the crypto market. Crypto in a snap […]
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[Fortune] Trading will “continue to be range-bound, perhaps at a slightly higher range,” Michael Safai of Dexterity Capital tells Fortune of the Bitcoin, Ether price movement. The cryptocurrency market jumped on Thursday following news that the U.S. economy shrank for the second straight quarter. Bitcoin is trending upward, currently […]
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[Fortune, Solana Spaces] In the expansive world of Web3, there isn’t much use for anything IRL, right? Wrong. Just ask the team behind Solana, which is opening a permanent physical retail space dedicated to all things tied to its cryptocurrency. Located at The Shops, a fancier-than-average mall at Hudson Yards in […]
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[CNBC] KEY POINTS Morgan Stanley’s Mike Wilson believes stocks are on a collision course with more pain due to the economic slowdown. The firm’s chief U.S. equity strategist and chief investment officer said on CNBC’s “Fast Money” that investors should resist putting their money to work in stocks despite the […]
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[MarketWatch] Ongoing dispute over whether certain digital assets are actually securities The Securities and Exchange Commission is reportedly investigating Coinbase Global Inc. over whether it has allowed the trading of unregistered securities. Bloomberg News reported late Monday that regulatory scrutiny has increased since Coinbase expanded the number of digital tokens it […]
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[Insider Business] James Howells’ life changed when he threw out a hard drive about the size of an iPhone 6. Howells, from the city of Newport in southern Wales, had two identical laptop hard drives squirreled away in a drawer in 2013. One was blank; he says the other contained […]
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[MoneyWise] It’s been a tough year for Bitcoin. After hitting an all-time high of $68,789 in November 2021, it’s down to about one-third of that value. Some analysts say it’s just a correction for this speculative and volatile asset, while others are much more damning, likening it to a house […]
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[Barron’s, Getty Images] A recent rally in cryptocurrencies lost speed on Thursday, with the price of BitcoinBTCUSD –2.97% and other cryptocurrencies sliding back as investors digested news that Tesla TSLA +5.52% had sold the lion’s share of its digital asset holdings. The price of Bitcoin fell 3% over the past 24 hours to below $23,000, having advanced […]
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[Fortune, Getty Images] Bitcoin has traded higher on seven of the past eight days. A rally in crypto markets over the past couple weeks has suddenly built into something substantial, with Bitcoin (BTC) climbing to its highest price in a month, now approaching $24,000. The cryptocurrency has traded higher on […]
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[Barron’s, Dreamstime] BitcoinBTCUSD +8.49% and other cryptocurrencies were trading mixed Tuesday, with prices wavering amid fragile investor sentiment following a selloff in the stock market on Monday. The price of Bitcoin rose slightly over the past 24 hours to $22,171, having moved as high as $22,700 on Monday. Bitcoin continues to hold […]
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