Cash News Photo: Jon Cherry/Getty Images On Monday morning, the research firm Bernstein came out with some advice about crypto for its Wall Street clients: âBuy everything you can.â Ever since the invention of bitcoin 15 years ago, this would be the kind of bloodshot, crazy-eyed call you could ignore because it was coming from […]
Cash News Crypto traders are betting that President-elect Donald Trump will usher in a new era of regulation for digital assets that will make it easier for the industry to grow, CEOs of firms involved in those markets told CNBC on Tuesday. “We have seen basically what people are calling the ‘Trump Pump,’” Robinhood CEO […]
Cash News Nicolas Economou | Nurphoto | Getty Images The crypto market hit pause on its rocket rally that began a week ago following the U.S. election, though investors should expect it to pick up again. On Tuesday bitcoin edged lower by 1% to $87,440.88, according to Coin Metrics. On Monday, it rose more than […]
Cash News The largest crypto exchange in the U.S. is launching its own version of the S&P 500 â sort of. Coinbase is launching the Coinbase 50 Index, or Coin50, which provides investors with a broad and accessible tool to better understand how the market is performing as a whole. As the crypto industry matures […]
Cash News Collapsed cryptocurrency company FTX is suing Binance and its former CEO Changpeng Zhao, alleging that $1.8-billion was âfraudulently transferredâ by FTX management to Binance and its executives. The lawsuit relates to Binanceâs sale of its stake in Sam Bankman-Friedâs FTX, which it acquired in 2019 but then negotiated to sell back to FTX […]
Cash News The online platform for buying, selling, transferring, and selling cryptocurrency Coinbase (NASDAQ: … [+] COIN) logo seen displayed on a smartphone with an Artificial intelligence (AI) chip and symbol in the background. SOPA Images/LightRocket via Getty Images Open any news app, web browser, social media feed, or podcast this month, and youâll see […]
Cash News The oldest and best-known cryptocurrency, bitcoin, traded at well over $80,000 (âŹ75,110) at the start of this week, reaching a new high. The record rally began on November 4 after Republican candidate Donald Trump was elected the next US president. Jonas GroĂ, chairman of the Digital Euro Association â an organization that promotes digital […]
Cash News Bitcoin continued its postelection rally Monday, hitting a record price of more than $88,000. The asset has risen dramatically in value since Election Day, with investors expecting the next administration to be more crypto-friendly. During his campaign, President-elect Donald Trump promised to make the U.S. âthe crypto capital of the planet.â On Monday, […]
Cash News US President-elect Donald Trumpâs pledge to support the cryptocurrency sector could provide a fresh impetus for mainland China to revitalise its digital-asset market, according to an industry veteran, as tech competition between the two countries continue to escalate. âIf the US Congress and the [incoming] president make crypto policies clear, constantly legislate and […]
Cash News The worldâs most popular cryptocurrency has gained more than 30 percent since the US presidential election. Bitcoin is closing in on $90,000 as crypto enthusiasts bet on United States President-elect Donald Trump taking a hands-off approach to digital currencies. The worldâs most popular cryptocurrency hit a record high of $89,637 on Tuesday, continuing […]