Stocks close lower Traders work on the floor of the New York Stock Exchange during morning trading on February 29, 2024 in New York City. Michael M. Santiago | Getty Images The three major indexes finished Monday’s session lower. The Dow lost 0.3%, while the S&P 500 ticked lower by around 0.1%. The Nasdaq Composite … Read more
Jaap Arriens | NurPhoto | Getty Images The price of bitcoin rose 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 4% at $65,508.57, according to Coin Metrics. Earlier, it rose to as much as $65,658.10, its … Read more
Michael Saylor, chairman and CEO of MicroStrategy, speaks during the Bitcoin 2022 conference in Miami on April 7, 2022. Eva Marie Uzcategui | Bloomberg | Getty Images When MicroStrategy’s Michael Saylor came on CNBC’s “Closing Bell: Overtime” in December to talk about crypto, he said, “the one thing we can count on is bitcoin goes … Read more
Rafael Henrique | Sopa Images | Lightrocket | Getty Images Bitcoin continued its surge on Wednesday, shooting above $60,000 for the first time since November 2021. The price of the flagship cryptocurrency was last higher by 7% at $61,064.20, according to Coin Metrics. Earlier, it rose as high as $61,359.00. It’s now sitting just below … Read more
MicroStrategy CEO Michael Saylor speaks at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. Joe Raedle | Getty Images MicroStrategy‘s HODL strategy is continuing to reward investors. The company said on Monday that it acquired an additional 3,000 bitcoins for a … Read more
The bitcoin halving is an event that happens roughly every four years where rewards to miners are cut in halve, effectively limiting supply of the token. S3studio | Getty Images Bitcoin, the world’s largest cryptocurrency by market cap, extended a rally in Asia trading on Tuesday, reaching a two-year high of over $56,000 and uplifting … Read more
Bitcoin. Nurphoto | Getty Images The price of bitcoin shot above the $54,000 level on Monday after waking up from a week of tepid trading. The flagship cryptocurrency was last higher by 5% at $54,460.00, according to Coin Metrics. At its session high, bitcoin hit $54,965.26 and reached its highest level since December 2021. “Today … Read more
Jonathan Raa | Nurphoto | Getty Images Crypto had a big bounceback year in 2023. Now, venture investors are returning. Venture funding for crypto-related companies in the fourth quarter of 2023 totaled $1.9 billion, a 2.5% increase from the prior quarter, PitchBook said Thursday. It marks the first time that venture VC investments in crypto … Read more
An image of Bitcoin and US 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 down 3% to $48,535.17, according to Coin Metrics. The day … Read more
Jaap Arriens | NurPhoto | Getty Images Bitcoin jumped to almost $50,000 Monday, reaching its highest level in more than two years. The price of the flagship cryptocurrency was last higher by 3% at $49,692.10, according to Coin Metrics, a level it hasn’t seen since December 2021. Earlier, it rose to as much as $49,998.57. … Read more
