Cryptocurrency

Bitcoin spiked to a new all-time high early Monday but pulled back following the inauguration of President Donald Trump. The flagship cryptocurrency was last lower by more than 2% at $103,558.38, according to Coin Metrics, in what appeared to be a “buy the rumor sell the news” event. Overnight, it rose as high as $109,350.72. […]

Some big institutional investors are pivoting from the AI chipmaker toward the world’s top cryptocurrency. Many billionaire investors loaded up on Nvidia’s (NVDA 3.10%) stock as it soared over the past few years. That wasn’t surprising, since its soaring sales of artificial intelligence (AI)-oriented data center GPUs turned it into one of the market’s hottest […]

The Bitcoin price appears to have finally started recovering strongly in the past few days, breaking through the $100,000 ceiling on Thursday, January 16. The premier cryptocurrency didn’t stay more than a day above this level the last time it surpassed a six-figure valuation. However, the price of Bitcoin has returned to as high as […]

Bitcoin rejoined the crypto rally on Friday amid reports that President-elect Donald Trump could soon release an executive order making crypto a national priority. The price of the flagship cryptocurrency was last higher by more than 4% at $104,672.37, according to Coin Metrics. The broader crypto market, as measured by the CoinDesk 20 index, was up another 3%, after […]

Bitcoin should rip higher under President-elect Donald Trump, according to BlackRock’s ETF chief. Samara Cohen, the firm’s ETF and index instruments chief investment officer, thinks cryptocurrency deregulation will “absolutely” propel bitcoin to another historic year. “There will be progress made on… FIT21 [“Financial Innovation and Technology for the 21st Century Act.] There will be progress made on stable coins. […]

Today’s CPI report turns out to mean a great deal to crypto investors. Bitcoin (BTC 2.50%) has made another notable 24-hour move today, increasing 2.6% since 4 p.m. ET yesterday (as of 1:30 p.m. ET), with Ethereum (ETH 4.28%) and Dogecoin (DOGE 4.13%) also catching a bid, surging 3.8% and 4.4, respectively, over the same […]

It wouldn’t take much for the United States government to become an investor in bitcoin like it is in gold — the question is whether it would do its citizenry any good. Why it matters: The idea’s being touted by President-elect Donald Trump, and seems to be catching on. Catch up quick: There’s two big proposals out […]

After a blistering rally in bitcoin this year, crypto investors and industry executives told CNBC they’re expecting the flagship cryptocurrency to hit new all-time highs in 2025. In December, the world’s largest cryptocurrency broke the highly anticipated $100,000, setting a record high price above that. That came after Donald Trump — who ran on a prominently pro-crypto policy platform — […]

US-based spot Bitcoin exchange-traded funds (ETFs) are nearing a significant milestone following record-breaking growth during 2024 as BTC crossed the $100,000 price level. The US spot Bitcoin BTC$97,025 ETFs are just 2.2%, or $2.2 billion, away from crossing $110 billion in cumulative holdings, which makes up over 5.7% of the entire Bitcoin supply, Dune data shows. Bitcoin ETFs, […]

Bitcoin BTC$95,024 has struggled to maintain prices above $95,000 since Dec. 28, but demand for leveraged positions has been on the decline. During this period, bulls faced $470 million in liquidations, while bears showed reduced appetite, especially as Bitcoin tested levels below $92,000. Measured by its open interest—the total number of contracts across all Bitcoin futures markets—the […]