Crypto’s $130 million election binge has boosted Utah’s John Curtis

Crypto’s 0 million election binge has boosted Utah’s John Curtis

U.S. Rep. John Curtis speaks during the Utah Senate primary debate for Republican contenders battling to win the seat of retiring U.S. Sen. Mitt Romney, June 10, 2024, in Salt Lake City. Rick Bowmer | AP SALT LAKE CITY — John Curtis, a Republican congressman from Utah, has become a favorite of the crypto industry … Read more

BlackRock’s ETF chief says 75% of its bitcoin buyers are crypto fans new to Wall Street

BlackRock’s ETF chief says 75% of its bitcoin buyers are crypto fans new to Wall Street

Marquee at the main entrance to BlackRock headquarters building in Manhattan. Erik Mcgregor | Lightrocket | Getty Images SALT LAKE CITY — A year ago, Samara Cohen believed there was so much pent-up demand for bitcoin that she and her team at BlackRock launched one of the first-ever spot bitcoin exchange-traded products in the U.S. … Read more

Bitcoin tumbles back toward $60,000 as Middle East tensions rise

Bitcoin tumbles back toward ,000 as Middle East tensions rise

Jonathan Raa | Nurphoto | Getty Images Cryptocurrencies were under pressure Wednesday, after bitcoin slid back to $60,000 to kick off what is usually one of its strongest months. The flagship crypto was last off by more than 1% at $60,767.64, according to Coin Metrics. Earlier it briefly dipped as low as $59,983.64. Ether last … Read more

Bitcoin and crypto stocks sink after last week’s rally

Bitcoin and crypto stocks sink after last week’s rally

Bitcoin. Nurphoto | Getty Images Bitcoin and crypto stocks retreated on the final trading day of September, following a rally last week, but are still poised to post a positive month. The flagship cryptocurrency was last lower by 3.5% at $63,612.63, after briefly reclaiming the $65,000 level last week, according to Coin Metrics. Crypto stocks … Read more

Bitcoin rebounds from its worst week in more than a year, tops $57,000

Bitcoin rebounds from its worst week in more than a year, tops ,000

Bitcoin held steady on Tuesday following an early evening rebound on Monday from Wall Street’s worst week of the year. The price of the flagship cryptocurrency was last higher by 1.8% at $57,950, after jumping as much as 6% on Monday night, according to Coin Metrics. Last week, bitcoin tumbled 9% for its worst weekly … Read more

Coinbase, Marathon Digital, Riot Platforms lead drop in crypto stocks

Coinbase, Marathon Digital, Riot Platforms lead drop in crypto stocks

SAN ANSELMO, CALIFORNIA – JUNE 06: In this photo illustration, the Coinbase logo is displayed on a screen on June 06, 2023 in San Anselmo, California. The Securities And Exchange Commission has filed a lawsuit against cryptocurrency exchange Coinbase for allegedly violating securities laws by acting as an exchange, a broker and a clearing agency … Read more

Bitcoin trims losses after overnight sell-off briefly pulls it below $56,000

Bitcoin trims losses after overnight sell-off briefly pulls it below ,000

Vertigo3d | iStock | Getty Images Bitcoin slid back toward $55,000 overnight as it caught up with Tuesday’s broader market sell-off. On Wednesday, the price of the flagship cryptocurrency hovered under the flat line at $57,813.84, according to Coin Metrics. It fell sharply Tuesday night — to as low as $55,673.80 — with the start … Read more

Wyoming is pushing crypto payments, trying to beat the Fed to a digital dollar

Wyoming is pushing crypto payments, trying to beat the Fed to a digital dollar

Long gone are the days when venture capital was flowing into fintech startups with bold ideas — and little to show in terms of business metrics and fundamentals. Bloomberg | Getty Images As crypto investing becomes more mainstream and institutionalized with bitcoin ETFs, Wyoming is already pushing into the next phase of growth for crypto: … Read more

Crypto companies are pouring money into 2024 election: Public Citizen

Crypto companies are pouring money into 2024 election: Public Citizen

As the 2024 U.S. elections reach their home stretch, crypto companies are opening their wallets to try and influence the results. Nearly half of all the corporate money flowing into the election has come from the crypto industry, according to a report this week from the nonprofit watchdog group Public Citizen. The sum, approximately $119 … Read more

Cryptocurrencies resume their rebound, bitcoin tops $60,000

Cryptocurrencies resume their rebound, bitcoin tops ,000

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