Cryptocurrency

Listings for pairs of Donald Trump’s limited-edition orange Bitcoin-themed sneakers have already made their way onto eBay, with scalpers hoping to sell their spot in the pre-order queue for as much as $2,500. At the time of writing, there are 12 listings on eBay for the ‘Bitcoin orange’ colored high-tops. Prices start as low as […]

Bitcoin has fallen below $65,000 following a decision from the United States Federal Reserve to keep interest rates unchanged, along with reports of escalating conflicts in the Middle East. On July 31, Bitcoin dipped to $64,549, the first time it has fallen below $65,000 since July 25, according to CoinMarketCap data. It briefly spiked to […]

Grayscale Investments’ Bitcoin Mini Trust began trading Wednesday with an expense ratio of 0.15%, offering a lower-cost option for bitcoin exposure in the market. The Mini Trust, which has the ticker BTC and is trading on the NYSE Arca, is structured as a spin-off of the Grayscale Bitcoin Trust (GBTC). New shares will be distributed […]

U.S. Senator Cynthia Lummis’s plan for a new Strategic Bitcoin Reserve would finance purchases of the cryptocurrency partly by revaluing gold certificates held by the Federal Reserve System, according to a draft of the legislation obtained by CoinDesk. Lummis, a Wyoming Republican who is known for her Bitcoin-friendly policy stance, announced her intention to propose […]

Bitcoin traders may have finally grown tired of Mt. Gox Bitcoin “FUD,” with markets barely reacting to a new $3 billion transfer from a Mt. Gox-affiliated wallet. On July 30, Mt. Gox moved around 47,229 Bitcoin to three “unknown wallets” over a three-hour period, according to Lookonchain. Over the period, Bitcoin stayed above $66,000 but briefly […]

Bitcoin risked losing $66,000 after the July 30 Wall Street open as a long liquidation event appeared on the horizon. BTC/USD 1-hour chart. Source: TradingView BTC price weakness builds on 5% downside Data from Cointelegraph Markets Pro and TradingView showed Bitcoin price action producing 1.5% losses on the day. These followed a steeper rejection from $70,000, the latest in a […]

Bitcoin futures’ open interest has reached a new all-time high, suggesting that investor demand for the world’s largest cryptocurrency is increasing. Could a price breakout be imminent? Bitcoin open interest, a metric monitoring the total number of open positions in the underlying asset, has reached an all-time high of $39.46 billion across all exchanges. The […]

Shares of New York-listed crypto firms fell on Monday as bitcoin dipped after breaching the $70,000-mark for the first time since mid-June. The sell-off erased gains from earlier in the session, when optimism fueled by Republican presidential candidate Donald Trump’s pro-crypto speech lifted stocks. The volatile cryptocurrency has often seen pullbacks after reaching key milestones […]

Cryptocurrencies slipped to begin the final week of July as traders digested a slew of political developments that took place over the weekend and looked ahead to central bank meetings this week. Bitcoin fell more than 1% Monday, trading at $67,264.00, according to Coin Metrics. Earlier, it rose as high as $69,982.00. Ether also pared gains, but […]

Former President Donald Trump pitched his plan to make the United States the “crypto capital of the planet and the Bitcoin superpower of the world,” pledging to establish the nation’s first strategic Bitcoin stockpile, if elected. Trump is the first presidential candidate from a major political party to make Bitcoin and cryptocurrency a campaign issue, […]