Bitcoin headed for its third straight winning week, as traders searched for refuge amid volatile moves in equities, currencies and bond markets. The token is also up 4.6% week to date and hit a high of $82,272.31 overnight. That marks its highest level since May 11, when bitcoin peaked at $82,499.99. It last traded at…
CNBC’s Jim Cramer said Monday that August was a comeback month for stocks that had been battered by some of Wall Street’s most powerful bearish narratives. His comments came on the final trading day of August. Several of the S&P 500‘s biggest winners in August spent months under pressure from concerns ranging from artificial intelligence…
A photo illustration showing a gold necklace, silver coins and visual representations of bitcoin placed on top of different currencies. Yuriko Nakao | Getty Images The debasement trade is gaining new traction on Wall Street as concern over the size and cost of the budget deficit mounts. The conventional wisdom behind the trade is that…
Bitcoin closed in on the $80,000 mark on Tuesday, as renewed inflows into spot bitcoin ETFs and improving risk appetite extended the cryptocurrency’s recent rally. The flagship cryptocurrency jumped 3.1% to $79,739. The latest move extends a sharp rally that began last week, when bitcoin surged more than 20% in three days, its biggest three-day…
A view of a Bitcoin ATM at Northgate Mall on Feb. 5, 2026, in San Rafael, California. Justin Sullivan | Getty Images Bitcoin’s more than 20% rally this week has sent the cryptocurrency to heights it hasn’t seen since May, but traders on prediction market platform Kalshi see it ending 2026 near current levels. Speculators…
Ray Dalio, founder of Bridgewater Associates, speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 27, 2026. Brendan McDermid | Reuters Treasury Secretary Scott Bessent’s debt buyback announcement this week fits into a broader pattern that can signal a forthcoming crisis, according…
Cheng Xin | Getty Images News | Getty Images Bitcoin miner Riot Platform has struck a $9 billion, 20-year compute deal with Anthropic, CNBC’s David Faber has confirmed. The agreement would lease 191 megawatts at Riot’s Rockdale, Texas computer campus, giving Anthropic access to scarce, grid-connected power as demand surges for computing power that can…
For years, the crypto industry’s biggest challenge has been finding users beyond traders. Now, some of its largest companies think they’ve found them in AI agents. Although speculation still underpins much of crypto’s business, companies are trying to build a second growth engine by turning agents into users of crypto wallets, stablecoins and payment networks….
This photograph taken on Jan. 21, 2026 shows signage of the Coinbase logo during the World Economic Forum (WEF) annual meeting in Davos. Ina Fassbender | AFP | Getty Images As bitcoin prices fell yet again in the second quarter, traders on prediction market platform Kalshi think Coinbase’s trading volumes suffered once again. The cryptocurrency…
Jeremy Grantham renewed his long-running criticism of bitcoin, predicting it will gradually fade into irrelevance over decades. The co-founder of investment firm GMO and a longtime market commentator known for his calls on asset bubbles, said bitcoin is a “useless, speculative” asset without intrinsic value, speaking on CNBC’s “Squawk Box” Friday. He also said bitcoin…
