Bitcoin Prices Steady After Crypto Heist. A Prominent Whale Is Getting Bigger.

Text size Bitcoin prices have held onto recent gains. Rutmer Visser/Dreamstime Bitcoin and other cryptocurrencies were mostly steady on Wednesday, holding onto recent gains and shaking off pressure on...

Coinbase Stock Is Popping. What a Rally in Bitcoin Means.

Stock in the cryptocurrency exchange Coinbase surged on Monday, rallying alongside Bitcoin, ether, and other digital assets. Analysts see more room for gains. Coinbase (ticker: COIN) shares jumped 7% ...

Opinion: Russia just made a case for owning gold—and nobody noticed

Here’s a strong argument for adding some gold bullion to your retirement portfolio right now, alongside those stocks and bonds. And it comes courtesy of Pavel Zavalny, the head of the Russian parliame...

Bitcoin Mining Stocks Look Cheap. Why Investors Are Still Skeptical.

Text size Costs per Bitcoin mined range from $4,500 to $16,000 across the industry. Dreamstime A recovery in the price of Bitcoin should fuel gains for mining companies that process transactions on th...

Opinion: The economy is in much better shape than the headlines would tell you

Inflation is through the roof. There’s an oil crisis. A looming food crisis. You name it. War is raging in Europe. Russia’s president is starting to sound unhinged. And headlines are now linking him w...

Bitcoin rallies after Russia hints at using crypto with $50,000 seen possible on short covering

Bitcoin on Friday briefly traded above $45,000, a psychological level, as financial institutions pushed further into the digital asset space, while Russia hinted at the possibility of accepting bitcoi...

Bitcoin Prices Are ‘On the Verge of a Major Breakout’

Text size The prices of Bitcoin and other digital assets rise Friday. Dreamstime Bitcoin and other cryptocurrencies moved higher on Friday, boosted by the return of risk appetite among investors and a...

It’s the beginning of the end of globalization, say BlackRock’s Larry Fink and Oaktree’s Howard Marks

“The magnitude of Russia’s actions will play out for decades to come and mark a turning point in the world order of geopolitics, macroeconomic trends, and capital markets.” That was Larry Fink, CEO of...

Bitcoin Is Bouncing but Ether Is Soaring. This Is Why.

Text size Cryptocurrencies are gaining as investors return to high-growth “risk assets.” Dreamstime Bitcoin has perked up, gaining 8% to roughly $42,600 in the past week. But Ether, the se...

The Biggest Bitcoin Fund Trades at a Discount to Its Bitcoin Holdings. Why Only the SEC Can Solve This Problem.

SEC Chairman Gary Gensler Evelyn Hockstein-Pool/Getty Images Text size The world’s largest Bitcoin fund is trading at 73 cents on the dollar. That may look like a bargain if you want crypto in your po...

Largest cryptocurrencies mixed as Cardano rises

The largest cryptocurrencies were mixed during morning trading on Thursday, with Cardano ADAUSD, -0.12% seeing the biggest move, rallying 2.82% to 85 cents. Polkadot DOTUSD, +0.62% led the decreases w...

Fed’s Powell sees the light — and turns far more hawkish than expected

After remaining stubbornly dovish last year, Federal Reserve Chairman Jerome Powell on Wednesday jumped the central bank squarely into the hawkish camp at his press conference on Wednesday. “The March...

Fed to hike interest rates Wednesday, undeterred by lack of visibility on Russia-Ukraine war’s impact

On Saturday, a strong late winter storm caused havoc on the East Coast, particularly in Pennsylvania, with drivers experiencing severely reduced visibility as winds blew snow across the roads. Speed l...

Tesla’s Elon Musk Says He’s Not Selling His Crypto Holdings. Bitcoin Is Up.

Text size Bitcoin Dreamstime Dogecoin, Bitcoin and Ether briefly spiked on Monday after Tesla (ticker: TSLA) CEO Elon Musk tweeted that he still owns the cryptocurrencies and won’t sell.   Dogecoin (D...

What the Russian Invasion of Ukraine Means for Clients Considering Crypto

When Russia invaded Ukraine on Feb. 24, cryptocurrencies posted strong gains. Bitcoin rallied from $38,300 to $44,400, and Ether jumped to $3,000, up from $2,400.  President Biden’s recent execu...

Opinion: Sanctioning Russia is a masterstroke that will cement the dollar’s dominant role in world affairs

LONDON (Project Syndicate)— The savage fighting in Ukraine has led many to wonder whether Russian President Vladimir Putin’s supposed strategic brilliance is all that it was chalked up to be. Though P...

Bitcoin Falls to Below $40,000 as Wall Street in ‘Full De-Risking Mode’

Text size Dreamstime.com Bitcoin fell below $40,000 Friday on renewed worries of an imminent Russian invasion of Ukraine and the prospect of higher U.S. interest rates this year.  Bitcoin, the world’s...

Investors Bet Ukraine-Russia War Will Be Averted

Russian troops are continuing to build up on the Ukrainian border, but investors are piling into bets that there won’t be a war. The Russian ruble and Ukrainian hryvnia have strengthened against the d...

Bitcoin’s Price Isn’t Done Falling. How It Could Drop to $10,000.

Text size Stifel’s top equity strategist thinks Bitcoin prices could sink to $10,000. Dreamstime.com The bull case for Bitcoin is that it powers up to $100,000, from recent prices around $43,000...

Crypto is volatile, but KPMG Canada just added bitcoin and ether to its balance sheet. Here’s why

KPMG in Canada has added an unknown amount of bitcoin and ether to its corporate balance sheet.  The firm declined to disclose the amount of cryptocurrencies it purchased, but Kunal Bhasin, blockchain...

Tax season: does the IRS know if you trade crypto? Is your NFT sale or mining income taxable?

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch. It is tax season in the U.S., and I’ll ...

Why is bitcoin rallying 10% Friday? Crypto clambers to perch above $40,000 following jobs report.

Bitcoin was in rally mode on Friday, ascending to a two-week high above $40,000. More specifically, the cryptocurrency BTCUSD, +2.41% was trading at around $40,245 on Friday with a nearly 10% gain ove...

Opinion: Warren Buffett is teaching meme-stock players and crypto traders some hard lessons about why market fundamentals still apply

In early 2021, age-old investing principles of business valuation were declared passe by meme-stock buyers, SPAC enthusiasts, and crypto-traders. A new generation of market players declared that Warre...

How Low Can Bitcoin Go? The Views Vary.

Illustration by Elias Stein Text size Tighter monetary policies are weighing on speculative assets like crypto, Bitcoin crashed from $43,000 to $33,000 in four days and lost 23% of its value. On Jan. ...

Odell Beckham Jr. took his $750K salary in bitcoin — how much did it cost him?

Los Angeles Rams wide receiver Odell Beckham Jr. made headlines last November when he announced he would be converting his 2021 salary into bitcoin. The problem for Beckham: that bitcoin BTCUSD, -0.41...

MicroStrategy Stock Falls After SEC Objects to Bitcoin Accounting

Text size The price of Bitcoin has been slumping. Dreamstime MicroStrategy stock continued its downward spiral Monday, dragged down by plunging Bitcoin prices and newly released filings showing that t...

Bitcoin drops below $40,000 as global market selloff spreads to cryptocurrencies

Bitcoin prices were trading at levels not seen since August, pushing below a key support level on Friday, as a selloff of perceived riskier assets spread to cryptocurrencies. Bitcoin BTCUSD, -6.06%, t...

Brace for a volatile 2022, but cling to this tech stalwart when the storm comes, says investment adviser

The pain is piling up for equity investors after the long U.S. holiday weekend, with bond yields at levels not seen since early 2020, and oil prices tapping 2014 highs. The pace of Federal Reserve mon...

Bitcoin’s Fair Value Is a Lot Less Than the Market Thinks

Text size Dreamstime Bitcoin’s fair value is $20,851, according to the only valuation model I’m aware of for this best-known cryptocurrency. Your reaction to this depends in part on whether you see th...

First-time home buyers are selling crypto to fund down payments — here’s what to know before you do it

Many Americans are using their tendies to tap into the American Dream — and the trend doesn’t show signs of stopping. Nearly 12% of first-time buyers indicated that selling cryptocurrency holdings con...

The IRS will ask every taxpayer about crypto transactions this tax season — here’s how to report them

Cryptocurrencies, also known as virtual currencies, have gone mainstream. That’s for sure. For example, you can use bitcoin BTCUSD, -0.21% to buy a Tesla TSLA, -6.75% and to buy or pay for lots of oth...

Opinion: Citadel’s $1.15 billion cash infusion isn’t a bailout but the final test of Ken Griffin’s ‘Death Star’

When you add more than a billion dollars’ worth of liquidity to a market maker that already executed more than one of every four trades in the U.S. markets on a daily basis, while simultaneously givin...