SEC won’t approve ether (ETH) exchange-traded fund

Jakub Porzycki | Nurphoto | Getty Images PARIS — Issuers of spot bitcoin exchange-traded funds on Tuesday say the U.S. Securities and Exchange Commission is unlikely to approve such a product for the cryptocurrency ether. The regulator has a late May deadline to conclude its review on an ether ETF. That comes after the SEC in March … Read more

Bitcoin tumbles $5,000 in 24 hours as interest rates jump

A bitcoin is on a screen showing the bitcoin-U.S. dollar exchange rate. Fernando Gutierrez-Juarez | picture alliance | Getty Images Bitcoin fell for a second day to start the new month and quarter amid rising Treasury yields and strength in the U.S. dollar. The flagship cryptocurrency fell more than 4.76% on Tuesday to $66,134.00, bringing its … Read more

Inside Austin’s bitcoin underground

AUSTIN — There is a sort of clubhouse for Austin’s bitcoin believers on the second floor of the Littlefield Building at the corner of Congress Avenue and Sixth Street. The hideaway is at the crossroads of two worlds — the majestic thoroughfare that leads to the Texas State Capitol and the iconic, albeit notorious, stretch … Read more

Bitcoin briefly slumps below $63,000 after hitting $73,000 last week

Bitcoin extended its slide on Tuesday, dropping more than $10,000 at one point from its all-time high last week. The flagship cryptocurrency was last lower by 4% at $64,440.14, according to Coin Metrics. Earlier it fell to as low as $62,320.30, after reaching a record of $73,679 last week. “As ETFs buy up available supply … Read more

Bitcoin tops $67,000 as it nears 2021 all-time high

Jaap Arriens | NurPhoto | Getty Images Bitcoin jumped to start the week, edging even closer to its all-time high after the rally took a breather over the weekend. The flagship cryptocurrency was last higher by 6% at $66,660.91, according to Coin Metrics. Earlier, it rose to as much as $67,567.98, its highest level since … Read more

Bitcoin tops $61,000 as it closes out the best month since 2020

Jonathan Raa | Nurphoto | Getty Images Crypto prices rose Thursday as bitcoin and ether headed for their strongest month in more than three years. Bitcoin was last higher by more than 1% at $61,150.88 on the final day of February, according to Coin Metrics. On Wednesday, it surged to $64,000 at one point, before a … Read more

Bitcoin (BTC) regains $1 trillion market cap after price rise

Bitcoin surged to another more than two-year high on Wednesday, pushing its market cap back over $1 trillion as growing success of U.S. spot bitcoin ETFs turned investor sentiment more positive. The flagship cryptocurrency was last higher by 5% at $51,929.89, according to Coin Metrics. Earlier in the morning it rose to $52,079.00, its highest … Read more

Bitcoin falls under $50,000 following hotter-than-expected inflation data

An image of bitcoin and U.S. currencies is displayed on a screen during the Interpol World Congress in Singapore on July 4, 2017. Roslan Rahman | AFP | Getty Images Cryptocurrencies fell Tuesday amid a broader market sell-off following a hotter-than-expected CPI reading. Bitcoin was last lower by 0.8% at $49,658.57 according to Coin Metrics. … Read more

Bitcoin tops $48,000 in a big comeback to end the week

Bitcoin marched higher to end the week, with its price breaching the $48,000 level at one point for the first time since spot bitcoin exchange-traded funds began trading. The flagship cryptocurrency was last higher by 4.6% at $47,587.37, according to Coin Metrics. Ether advanced 2.69% to $2,492.97. Earlier, bitcoin rose to as high as $48,207.78 … Read more

Bitcoin bounces above $43,000, turns positive for 2024

The price of bitcoin broke above the $43,000 level on Monday as the cryptocurrency extended its recent gains. Bitcoin was last trading higher by 2.93% at $43,097.35, according to Coin Metrics. Bitcoin has fought back into the green for the year following steep losses after the long-awaited approval of spot bitcoin ETFs. Bitcoin closed out … Read more