Cryptocurrency

The price of leading cryptocurrency Bitcoin BTC/USD continues to hit new all-time highs, breaking several records since the 2024 presidential election. Investors who bought earlier this year or ahead of the election have generated strong profits, but nowhere near the gains that investors got being early believers in the cryptocurrency. What Happened: In October 2008, […]

There’s a $30 million fund that, for all intents and purposes, leaves all investment decisions to be made by artificial intelligence (AI). The firm’s name: Intelligent Alpha. Its staff includes founder and CEO Doug Clinton, a few programmers and contractors, and a trio of AIs — OpenAI’s ChatGPT, Google’s Gemini and Anthropic’s Claude. The AI […]

U.S. Bitcoin ETFs Draw $1B in Daily Inflows as Ethereum Funds See Mixed Results According to data from sosovalue.com, Blackrock‘s IBIT fund, trading on Nasdaq, led the pack with $608.41 million in inflows, showcasing a strong level of investor enthusiasm. Meanwhile, Grayscale’s NYSE-listed GBTC fund experienced an outflow of $7.81 million, while Fidelity’s FBTC bitcoin fund on CBOE […]

Bitcoin topped $98,000 for the first time Thursday, extending a streak of almost daily all-time highs since the U.S. presidential election. The cryptocurrency has rocketed more than 40% in just two weeks. Now, bitcoin is at the doorstep of $100,000 and investors do not appear to be fazed by gravity or any cautionary tales of […]

MicroStrategy (MSTR) shares plummeted more than 16% after short seller Citron Research said it had taken a new bet against the stock, which has gained over 500% this year. Even with Thursday’s decline, MicroStrategy stock has soared more than 50% since crypto-friendly President-elect Donald Trump’s victory earlier in November. Bitcoin itself is up roughly 30% […]

Options on BlackRock’s popular iShares Bitcoin Trust ETF (IBIT) began trading on the Nasdaq Tuesday, ushering in a new way to trade and speculate on the price of bitcoin. IBIT traded 73,000 options contracts in the first 60 mins of trading Tuesday, Nasdaq told CNBC, placing the fund in the top 20 of the most active nonindex […]

Bitcoin rose to a fresh record high just shy of $95,000 after a report that Donald Trump’s social media company was in talks to buy crypto trading firm Bakkt (BKKT.N), opens new tab boosted expectations of a crypto-friendly regime under his incoming administration. Bitcoin , the world’s biggest and best-known cryptocurrency, has more than doubled […]

With President-elect Trump’s incoming administration having suggested it could create a national bitcoin reserve, a selection of biotechs have this morning announced their own plans to each create stockpiles of up to $1 million of the decentralized digital currency. They include Acurx Pharmaceuticals, a Nasdaq-listed biotech with an antibiotic for Clostridioides difficile in phase 2 […]

Bitcoin advanced past $94,000 on Wednesday for the first time as traders continued to monitor President-elect Donald Trump’s transition back to the White House and weighed early options trading on bitcoin exchange-traded funds. The price of the cryptocurrency was last higher by 1.5% at $94,375.79, according to Coin Metrics. Earlier, it traded as high as $94,989.99. […]

Ark Invest CEO Cathie Wood has been a vocal bull for the cryptocurrency sector for years, specifically for leading cryptocurrency Bitcoin (CRYPTO: BTC), which she recently said could be helped by the incoming White House administration. Wood has shared price targets for Bitcoin over the years, including a high of $3.8 million for BTC by […]