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One of the hottest crypto performers thus far in 2023 is BitDAO (CRYPTO: BIT) , up more than 39% year to date. What makes BitDAO so interesting, though, is not its recent performance. Instead, it's that BitDAO has the potential to change the whole crypto game. This is a new way of investi...
The cryptocurrency market suddenly came to life on Friday night for the first time since FTX collapsed in early November. Nearly every asset was up big, and some with ties to FTX are significantly higher. Bitcoin (CRYPTO: BTC) jumped 10.9% and is trading at $20,909 at 8 a.m. ET, s...
The cryptocurrency market was on fire this week as nearly every major token jumped in value. A rising stock market, falling inflation, and dropping interest rates have all been tailwinds, but there was some potentially positive industry news as well. According to data provided by S&P Gl...
The crypto asset class was dominated by controversy for most of 2022 and contrary to popular belief, there actually were some good things that happened. At the top of this list was Ethereum 's (CRYPTO: ETH) successful implementation of The Merge. Arguably one of the most significant event...
Cryptocurrencies rose Thursday morning as new inflation data for December was in line with expectations. Since Wednesday afternoon, the world's largest cryptocurrency, Bitcoin (CRYPTO: BTC) , has traded roughly 3.3% higher and had topped $18,000 as of 10:12 a.m. ET today. The world's ...
Coinbase (NASDAQ: COIN) is struggling with the crypto winter like every other cryptocurrency company, but it has some surprises up its sleeve. The USDC stablecoin will provide hundreds of millions of dollars in revenue this year, and Ethereum (CRYPTO: ETH) staking could have a big i...
The Avalanche (CRYPTO: AVAX) cryptocurrency skyrocketed on Wednesday thanks to a freshly signed collaboration deal with Amazon (NASDAQ: AMZN) and its Amazon Web Services (AWS) cloud-computing arm. As of 4:30 p.m. ET, the cryptocurrency had gained 13.3% in 24 hours. AWS needed ...
With 2022 in the rearview mirror, investors appear to be looking at the new year with fresh eyes and a much more bullish perspective. For crypto investors, this is certainly the case, with the overall cryptocurrency market having appreciated more than 4% over the past 24 hours as of noon ET. ...
Cryptocurrency supporters will certainly want to turn the page on 2022, as last year saw the entire asset class shed roughly 64% of its value due in large part to strong risk-off sentiment among investors. Among the main drivers of that sentiment were the interest rate hikes the Federal Reserve i...
At a recent price of about $1,270, Ethereum (CRYPTO: ETH) is down nearly 75% from the all-time high of $4,891.70 it touched in November 2021. That stratospheric level now seems like a distant memory for Ethereum investors, who enter 2023 uncertain of what's next for the second-largest cry...
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2024-07-27 04:03:00 ET Ethereum (CRYPTO: ETH) joined an elite club recently. It is now just one of two cryptocurrencies to have a spot exchange-traded fund (ETF) approved alongside the world's most valuable cryptocurrency, Bitcoin (CRYPTO: BTC) . On July 23, the Securi...
2024-07-26 13:24:24 ET The crypto market fell across the board this week as the momentum of recent weeks faded. A major reason for the disappointment was a relatively weak launch of Ethereum (CRYPTO: ETH) ETFs in the U.S. According to Cointelegraph, Ethereum ETFs had $113 millio...
2024-07-25 13:31:24 ET In a dramatic shift, investors withdrew $26 million from spot Ether ETFs on the second day of trading, following an initial $100 million inflow. This notable withdrawal has significantly impacted the Grayscale Ethereum Trust (NYSE: ETHE), a major player in the cry...