President Donald Trump is set to host the inaugural cryptocurrency summit at the White House next Friday. This event marks a significant step in his administration's engagement with the crypto industry.
In the fourth quarter, several prominent hedge fund managers sold Nvidia ( NASDAQ: NVDA ) and bought the iShares Bitcoin Trust ( NASDAQ: IBIT ) , an exchange-traded fund issued by BlackRock that tracks the price of Bitcoin.The three billionaires mentioned above manage the ...
Shares of Block ( NYSE: XYZ ) were tumbling after the fintech company reported weaker-than-expected Q4 results that missed analyst expectations. The big drop now leaves the company down more than 20% on the year, as of this writing.Here's a closer look ...
Bitcoin typically trades loosely in line with assets like tech stocks that rise when investors are optimistic about economic growth. The tech heavy Nasdaq is at its lowest since November. Investors fear the so-called exceptionalism of the U.S. economy ...
Crypto traders expect Bitcoin price to remain choppy in the short term as a new range must be established after this week's double-digit drawdown.
XRP's ( CRYPTO: XRP ) token price is heading lower in Friday's trading. The cryptocurrency was down 2.4% over the previous 24 hours as of 6:50 p.m. ET. Meanwhile, Bitcoin was down 0.3% over the stretch, and Ethereum was down 3%.The cryptocurrency market's pullback is ...
Stablecoins have emerged as a force in global finance, with transaction volumes reaching $27.6 trillion last year and mainstream financial institutions increasingly drawn to their potential, The Economist reported Monday.
While all three of the day's market averages DJI IXIC GSPC close Friday's session with...
BlackRock, the world's largest asset manager, is including its Bitcoin ETF in a sliver of its Target Allocation with Alternatives portfolios.
Is the Bitcoin bottom in, or is today's price action simply an oversold bounce that will trap overleveraged bulls?
A group of analysts say various data points support an XRP rally to $18,000 per coin. Cointelegraph takes a closer look at the data.
US Senator Cynthia Lummis expects progress toward a Bitcoin reserve to be slower at the federal level.