Crypto prices soared after the market opened on Thursday, as traders responded to the Federal Reserve’s interest rate decision yesterday with a bullish sentiment. Bitcoin rose 3.5% to $23,730 ar...
Tag: Equity Movers
MicroStrategy expected to report profit despite down quarter for crypto: Preview
MicroStrategy reports fourth quarter results Thursday with the company expected to turn a profit after several down quarters even as revenue comes in slightly lower than a year earlier. The sof...
Crypto prices flat, while Dogecoin rallies
Crypto prices remained mostly flat after the market opened on Tuesday, with Dogecoin rising significantly by 8.1%, outperforming the top 10 coins. Bitcoin fell 0.3% to $23,117 around 9:50 a.m. E...
Bitcoin steady as altcoins pop, aptos hits all-time high around $20
Bitcoin was treading water at around $23,000, while ether and altcoins traded higher. Equities were mixed, with Silvergate down and Coinbase higher. Bitcoin was trading at $23,037 by 10:40 a.m. ...
Bitcoin trading around $22,400 as crypto prices pullback with equities in the red
Cryptocurrency prices began to pullback overnight, with ether leading the drop. Equities were in the red during the early session, with Block and Silvergate declining. Bitcoin was trading at $2...
Investor Jeremy Grantham dismisses bitcoin’s latest rally as crypto prices tread water
Cryptocurrency prices meandered in early trading, with bitcoin unable to break past $23,000 on a consistent basis. Crypto stocks were marginally lower. Bitcoin gained 0.1% in the past day to $2...
Bitcoin, mining stocks rise while Silvergate shares soar
Crypto prices were in the green as the market continued to rally on Monday. Equities related to blockchain and cryptocurrencies were also higher. Bitcoin traded up about 0.5% during the day, fli...
Bitcoin, ether in the red as altcoins experience sharp sell-off, crypto stocks open lower
Crypto prices were in the red, snapping a recent rally. Coinbase and MicroStrategy opened lower. Bitcoin dropped 3% in the past 24 hours to trade below $20,800 by 9:30 a.m. EST, although it was...
Binance, ether, bitcoin all lower as US economy slows
BNB, ether and bitcoin slid with traditional markets after U.S. economic data showed signs of an economy starting to take a breather. Retail sales fell more than expected, tripping up what had b...
Shiba inu jumps 15% as ether trades around $1,600 following PPI release
Ether traded above $1,600 for the first time since early November as crypto prices were elevated by lower-than-expected PPI data. Ether was trading at $1,598 by 9:20 a.m. EST, up 1.2% in the pa...
Bitcoin stays above $21,000; Silvergate, Coinbase pare earlier gains
Silvergate and Coinbase popped at the open after the crypto-friendly bank reported earnings as traditional markets were mixed. Bitcoin was trading at $21,300 at 10 a.m. EST, up 2.3% over the pas...
Shiba Inu rises after announcing Layer 2 launch as bone token pops; US markets closed
Shiba Inu and bone led gains after the announcement of a Layer 2 network for the ecosystem. U.S. markets are closed to observe Martin Luther King Jr. Day. Bitcoin was trading at $20,770 at 9 a....
Bitcoin steady above $19,000 at the US close as traditional markets rise
Bitcoin was up o.6% at the close of U.S. markets, trading around $19,460 while traditional markets reversed earlier losses to close higher. The biggest cryptocurrency is up almost 16% over the ...
Bitcoin continues flirt with $19,000 as crypto prices stay the course
Bitcoin and ether held onto two-month highs overnight as the global crypto market cap reached its highest point since the collapse of FTX. Bitcoin was trading at $18,877 at 8:30 a.m. EST, up 3....
The Block: Bitcoin mining report: Jan. 12
Bitcoin mining stocks tracked by The Block were higher on Thursday, with all 19 gaining. Bitcoin rose 7.5% to $18,857 by market close. Here is a look at how the individual miners performed...
Bitcoin blows past $19,000 for the first time since FTX collapse
Bitcoin surpassed $19,000 for the first time since Nov. 8, when FTX had a tentative deal to sell to Binance. The biggest cryptocurrency rose more than 8% over the past day. Traditional markets a...
Bitcoin approaches $19,000, rises 8% following inflation data
Cryptocurrency prices are surging following the U.S. inflation report and crypto-related stocks were mostly higher. Bitcoin was trading at $18,677 at 1:30 p.m. EST, up 8% over the past 24 hours...
Bitcoin inches higher, GBTC discount narrows as share price perks up
Crypto prices remain in the green while related stocks were mixed in pre-market trading. GBTC’s continuing its positive start to the year. Bitcoin was trading at $17,400 at 8:45 a.m. EST, ...
MicroStrategy sells 13.5% stake to trading firm Group One
Trading firm Group One bought a 13.5% stake in MicroStrategy. The firm scooped up 1,261,744 shares of Class A common stock, according to a document filed with the U.S. Securities and Exchange Co...
Coinbase shares dip in pre-market following layoff announcement
Coinbase shares dipped during pre-market trading following the firm’s decision to cut 950 staff. Shares in the crypto exchange fell 3.1% in the early session, trading around $37 by 8 a.m.,...
Bitcoin blasts through $17,000 amid wider market rally
Bitcoin blasted past $17,000 amid a wider market rally that sent crypto-related stocks and traditional markets higher. The biggest cryptocurrency increased 1.8% in the past 24 hours to $17,260...
Galaxy Digital pops day after Argo mining acquisition announcement
Galaxy Digital shares rose more than 13% a day after saying it would buy Argo Blockchain’s Helios mining facility. The company will pay $65 million for the facility and will also provide a...
Crypto markets little changed after Christmas; Bitcoin at $16,800
Crypto prices have mostly kept steady through the beginning of the week, with bitcoin and ether fluctuating 0.2% over the past 24 hours. The coins traded at around $16,800 and $1,200, respective...
Coinbase, Silvergate reverse losses to rise alongside traditional markets
Crypto-related stocks are rising after days of losses, tracking traditional markets higher. Coinbase and Silvergate were up more than 3% at 10:40 a.m. ET, while Galaxy Digital added nearly 5%. ...
Bitcoin hurtles toward $18,000 as inflation comes in below expectations, crypto stocks soar
Bitcoin and crypto prices soared following lower-than-expected U.S. inflation data for November. Crypto stocks bounced in line with U.S. stock futures. Bitcoin was hurtling toward $18,000 shortl...
U.S. inflation shows signs of cooling at 7.1% in November, below estimates
Inflation in the U.S. came in at 7.1% in November, compared to the 7.3% year-on-year forecast. The month-on-month increase was 0.1%, down from 0.4% in October. Cryptocurrencies and traditional ...
Cumberland sees better days for crypto in 2023 after market ‘rewires itself’
Cumberland sees adoption leading to a market recovery in 2023, but only after a “spat of volatility” as the “market rewires itself.” Jonah Van Bourg, the firm’s head of trading, said he expects ...
Bitcoin flirts with $17,000 as Binance token price plunges with big week ahead for markets
Cryptocurrencies and crypto-related stocks had a mixed start to the week, while GBTC saw the discount on the fund’s net asset value approach 50%. Bitcoin whipsawed above and below $17,000 ...
Bitcoin up over the week, while Coinbase and Silvergate plummet, GBTC discount widens
Bitcoin and ether are trading higher ahead of U.S. inflation data and the Fed’s latest interest rate decision. Crypto stocks sank throughout the week. Bitcoin was changing hands at about $...
Bitcoin trades above $17,000 as Coinbase leads sell-off in crypto stocks
Crypto prices were up on Friday, while most related equities sank. Block bucked the downward trend, adding 2.4%. Bitcoin was changing hands for $17,154 at noon EST on Friday, according to Tradin...