Tag: Bitcoin

Stocks on the New York Stock Exchange broadly slipped lower on Monday morning as Bitcoin continued its record rally. This comes as investors await a crucial Consumer Price Index (CPI) report later in the week. The benchmark S&P 500 slipped 0.1% lower, as did the...

Bitcoin slumped by around 10% to $41,469 as investor optimism surrounding the release of exchange-traded funds holding the cryptocurrency faded into the background. This comes after Bitcoin raced to $49,000 for the first time since December 2021 once the multiple ETFs holding the cryptocurrency...

Michael Saylor must be feeling quite good at the moment. The famous cryptocurrency bull has seen the stock of his company Microstrategy reach a two-year-high at the end of last week, thanks to surging Bitcoin prices. Under Saylor’s guidance, Microstrategy started accumulating large amounts of...

Cryptocurrencies have recently been gaining a rise in support from major traditional banking and investment institutions, thereby adding momentum to digital currencies despite a recent rise in pressure from US regulators. BlackRock, the world's largest investment manager, recently announced its decision to launch an exchange-traded...

Bitcoin rose by 3% on Wednesday to $28,720; its highest level since May. The largest digital asset has rebounded by 74% so far this year. Ether, Cardano, and Solana also posted gains. The recent crypto rise follows a wave of interest in digital currencies from traditional...

Bitcoin has seen quite a few ups and down over the past couple of years. But analysts at Standard Chartered believe the world’s largest cryptocurrency will only go up from here. According to Geoff Kendrick, head of digital assets research at Standard Chartered, Bitcoin will...