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Cryptocurrencies

“Ethereum just hit an all-time high of above $4,400 after a recent upgrade. Here’s what to know”

October 29, 2021

“Altair, an important upgrade to the Ethereum network, went live on Wednesday. Following, the price of ether hit an all-time high of over $4,416 on Friday, according to CoinGecko. It’s currently trading at around $4,325 as of 9:32 a.m. EST on Friday…” https://www.cnbc.com/2021/10/28/what-to-know-about-ethereum-altair-upgrade-and-proof-of-stake.html For… Continue Reading…

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Cryptocurrencies

“Bitcoin tops $60,000 for first time in six months as traders bet on ETF approval”

October 15, 2021

“Bitcoin climbed above $60,000 Friday, pushing the digital coin further toward its all-time high, as traders speculated U.S. regulators would clear the first bitcoin futures exchange-traded fund. The world’s biggest cryptocurrency surged as high as $60,314, notching its highest level since… Continue Reading…

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Cryptocurrencies

“US Bank launches bitcoin custody service as institutions race to cater to crypto demand”

October 5, 2021

“…U.S. Bank, the fifth biggest retail bank in the nation, is expected to announce Tuesday that its cryptocurrency custody service is available to fund managers, CNBC has learned. The offering will help investment managers store private keys for bitcoin, bitcoin cash… Continue Reading…

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Banking, Cryptocurrencies

“Bitcoin could rise 10 times in price but I just don’t care, says JPMorgan CEO”

September 29, 2021

“JPMorgan CEO Jamie Dimon said that Bitcoin may rise 10 times in price in the next five years. The long-term Bitcoin critic also warned that it would be foolhardy to borrow money to buy Bitcoin. Recently, the bank moved to… Continue Reading…

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Cryptocurrencies

“Over 60 S.Korean crypto exchanges set to suspend services next week”

September 17, 2021

“More than 60 cryptocurrency exchanges in South Korea must notify customers of a partial or full suspension of trading by Friday midnight, a week before a new regulation comes into effect. To continue operating, exchanges must register with the Financial… Continue Reading…

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Cryptocurrencies

“Coinbase could jump up to 16% after earnings this week, trader says”

August 9, 2021

“Coinbase shares ended trading at $258.26 on Friday, up about 1%. They climbed an additional 3.8% to $268 in Monday’s premarket trading session. A run to $290 or $300 would be a 12-16% increase from Friday’s closing levels…” https://www.cnbc.com/2021/08/09/buy-disney-coinbase-ahead-of-earnings-this-week-traders-say.html Coinbase… Continue Reading…

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Cryptocurrencies

“Bitcoin retakes $46,000 as rebound continues”

August 9, 2021

“The price of bitcoin broke past $46,000 on Monday morning after a high stakes weekend for the crypto industry as the Senate continued debating the details of its part in the still yet-to-be-passed infrastructure bill. Bitcoin traded as high as $46,050.61. That… Continue Reading…

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Cryptocurrencies

“Bitcoin Nears $40,000 as Shorts Fuel Rally on Amazon Speculation”

July 26, 2021

“Bitcoin surged near $40,000 as a flurry of short-covering intensified a rally apparently sparked by speculation over Amazon.com Inc.’s involvement in the crypto industry… As the largest digital token gained on the speculation, investors rushing to cover bearish bets fueled… Continue Reading…

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Cryptocurrencies

“Core Scientific, a major U.S. bitcoin mining company, is going public via SPAC”

July 21, 2021

“Cryptocurrency mining operator Core Scientific said Wednesday it is listing on the Nasdaq through a merger with Power & Digital Infrastructure Acquisition Corp. The deal with the special purpose acquisition company values Core Scientific at roughly $4.3 billion. It’s not… Continue Reading…

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Cryptocurrencies

“Bitcoin Price Drops Below $30K for the First Time Since January”

June 22, 2021

“Bitcoin dipped below the long-held support at $30,000 on Tuesday, hitting the lowest level since Jan. 28. The cryptocurrency traded at $29,700 shortly before press time, bringing the year-to-date gain down to just 3%, according to CoinDesk 20 data. The drop… Continue Reading…

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