Bitcoin losses accelerate after ETF launch, ether heads for 18% gain

Bitcoin slid on Friday to end what should have been a momentous week for the cryptocurrency, with the launch of 11 bitcoin exchange-traded funds in the U.S. after a yearslong battle for institutional acceptance of the asset. The price of bitcoin dropped nearly 6% to $44,022.22, according to Coin Metrics, pulling most of the crypto … Read more

Bitcoin falls, ether surges to highest level since May 2022

Nurphoto | Nurphoto | Getty Images Bitcoin tread water on Wednesday as investors awaited the official U.S. Securities and Exchange Commission approval on spot bitcoin exchange-traded funds, a day after the regulator’s X account posted a false announcement on the highly anticipated news. The price of bitcoin was last lower by more than 2% at … Read more

Bitcoin wavers, ether soars after SEC greenlights launch of U.S. bitcoin ETFs

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

Bitcoin rises above $47,000 for the first time since April 2022

Bitcoin rose to a 21-month high to start the week as investors awaited the potential approval of a U.S. bitcoin exchange-traded fund this week. On Monday, the cryptocurrency rose more than 6% to $47,020.57, according to Coin Metrics, as BlackRock, Grayscale and other potential bitcoin ETF issuers submitted final updates to the U.S. Securities and … Read more