Bitcoin soared to a new record high Monday, topping $72,000 for the first time amid increasing institutional acceptance and continuing an impressive rally that has pulled the market back from the depths of a deep “crypto winter” that has hampered momentum for years following a series of major crashes and scandals in recent years.
Bitcoin is trading near new highs. Should investors buy into other cryptocurrencies known as altcoins?
Worldcoin said the ban was “circumventing” European Union laws while spreading “inaccurate and misleading” claims.
The price of Bitcoin hit a record high Tuesday morning, and has now skyrocketed nearly 54% on the year.
Spot bitcoin ETFs are finally here, attracting billions and challenging all pre-existing crypto-based ETFs. Does that spell the end for bitcoin futures funds? Not so fast. ProShares is doubling down.
Never mind the recent rally, for a decade the crypto industry has been selling the promise of decentralisation, a new financial system without middlemen, but many blockchain projects have recreated the very elements they tried to overthrow, and regulators are adamant about keeping the status quo.
Bankman-Fried’s favored cryptocurrency has nearly doubled in recent weeks. Along with gains in bitcoin and other assets, the crippled exchange now seems to have sufficient funds to meet small-investor claims.
Sam Bankman-Fried is an albatross around the neck of blockchain entrepreneurs – and that’s a problem.
PayPal became the first online payment giant to enter the cryptocurrency arena on Monday by rolling out a stablecoin pegged to the U.S. dollar, sending its shares up nearly 3% despite a turbulent crypto market and as PayPal’s stock dipped to a six-year low in the wake of decreased consumer spending last year.
CFTC complaint against Binance raises hopes for some digital assets qualifying as commodities, limiting U.S. regulation as securities.