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  • Ethereum/USD Coin Metrics
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Ethereum/USD Coin Metrics

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Bitcoin bucks stock market downtrend but lags gold rally

Sagar10 months ago02 mins

Romain Costaseca | Afp | Getty Images Bitcoin edged higher on Tuesday as stocks fell and gold shot to a new record. The price of so-called digital gold rose as much as 2% to reclaim the $111,000 level after dropping over the weekend to a low last seen in July. Spot gold hovered around $3,500…

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Ether erases gains from Jackson Hole rally after hitting new record

Sagar10 months ago02 mins

Jakub Porzycki | NurPhoto | Getty Images Ether is pulling back to start the week, after hitting a fresh all-time high over the weekend. The price of the second largest cryptocurrency fell 5% to $4,588.85 on Monday, according to Coin Metrics. On Sunday, it rose to a fresh record of $4,954.81, after hitting an all-time…

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Ether surges, trading close to record again after Powell speech teasing rate cuts

Sagar10 months ago03 mins

Omar Marques | Lightrocket | Getty Images The price of ether rebounded to near-record levels on Friday after Federal Reserve Chair Jerome Powell hinted at upcoming rate cuts and investors returned to risk-on mode. The second-largest cryptocurrency was last higher by nearly 14% at $4,817.61, according to Coin Metrics. Last week, ether nearly touched its…

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Crypto stocks tumble as investors go into risk-off mode

Sagar10 months ago02 mins

Idrees Abbas | Sopa Images | Lightrocket | Getty Images Crypto stocks suffered Tuesday as investors fled tech stocks and riskier corners of the market. Among crypto exchanges, Coinbase and eToro fell more than 5% and 6%, respectively, while Robinhood and Bullish both dropped more than 6%. Crypto financial services firm Galaxy Digital tumbled 10%….

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Bitcoin sinks to $115,000 after hitting its newest record, as macro concerns spark liquidation wave

Sagar10 months ago03 mins

A worsening macroeconomic climate and the collapse of industry giants such as FTX and Terra have weighed on bitcoin’s price this year. STR | Nurphoto via Getty Images The crypto market tumbled to begin the week as heightened macro concerns triggered more than $500 million in forced selling of long positions. The price of bitcoin…

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Bitcoin retakes $120,000, ether touches 2021 highs after breaking key $4,000 level

Sagar11 months ago03 mins

People walk past a neon sign advertising a Bitcoin and Ethereum crypto currency exchange in Warsaw, Poland on 19 May, 2024.  Jaap Arriens | Nurphoto | Getty Images Bitcoin is a stone’s throw from its all-time high after an overnight rally that also propelled ether to levels not seen since 2021. The price of bitcoin…

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Bitcoin jumps as Trump is set to sign an order that allows cryptocurrencies in 401(k)s

Sagar11 months ago02 mins

Jakub Porzycki | Nurphoto | Getty Images The crypto market jumped Thursday on excitement that bitcoin and other digital assets could soon be coming to 401(k) retirement plans. President Donald Trump is set to sign an executive order that would allow 401(k) accounts to invest in alternative assets, including private equity, real estate and digital…

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MicroStrategy copycats out of control as Canadian vape company joins fray

Sagar11 months ago02 mins

The logos of Bitcoin, Ethereum, and Tether outside a cryptocurrency exchange in Istanbul, Turkey, on Wednesday, Nov. 6, 2024.  David Lombeida | Bloomberg | Getty Images The crypto market’s bullishness may be tipping into speculative frenzy, if the latest MicroStrategy-style copycat is any indication. On Monday, a little-known Canadian vape company saw its stock surge…

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Ether in spotlight as Trump signs stablecoin bill into first big U.S. crypto law

Sagar11 months ago03 mins

Jonathan Raa | Nurphoto | Getty Images Ether climbed to end the week as President Donald Trump signed the GENIUS Act stablecoin legislation into law, while bitcoin and its proxies took a breather. The price of ether was last higher by 4% at $3,578.67, according to Coin Metrics, trading at highs not seen since January…

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Peter Thiel just bought a big stake in Tom Lee’s ether company and the shares are surging

Sagar12 months ago01 mins

Peter Thiel, president and founder of Clarium Capital Management LLC, holds hundred dollars bills as he speaks during the Bitcoin 2022 conference in Miami, Florida, U.S., on Thursday, April 7, 2022.  Eva Marie Uzcategui | Bloomberg | Getty Images Stock Chart IconStock chart icon Bitmine (BMNR) 1-month The current wave of interest in Ethereum and…

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