Cryptocurrency

This story is excerpted from Capitolized, a weekly newsletter featuring expert reporting, analysis and insight from the reporters and editors of Montana Free Press. Want to see Capitolized in your inbox every Thursday? Sign up here. It wasn’t long after the crypto crash of 2022 that U.S. Sen. Jon Tester summed up the…

Bitcoin's 10% sell-off since June 7 signals a warning for the broader stock market.Stifel strategist Barry Bannister highlighted a strong correlation between bitcoin and the Nasdaq 100.Bannister said he expects  a summer correction in stocks, influenced by higher-for-longer interest rates.…

U.S. spot Bitcoin ETFs have witnessed net outflows of almost $300 million in the past two days. The Bitcoin price has successfully reclaimed the $65,000 mark after it sank down towards $64,000 yesterday. The leading cryptocurrency is seemingly range bound between $65,500 and $64,000, according to analysts. Bitcoin’s short-term price movement…

A group of FTX customers say $8 billion of the company’s forfeited assets are rightfully theirs. As Coindesk reported Tuesday (June 17), these customers are seeking a ruling that those forfeited assets do not belong to the failed cryptocurrency exchange’s bankruptcy estate. This latest legal action comes weeks after the…

Volatility in the prices of Bitcoin, Ethereum, and Dogecoin today didn’t substantially affect most traders, as each of the three cryptocurrencies ended up roughly where they started by Monday evening. But price spikes along the way appear to have triggered a wave of crypto liquidations—over $290 million worth across the market.  Ethereum led the…

It's been a great time to be an owner of Bitcoin (CRYPTO: BTC). Since the start of 2023, the top digital asset has soared 307%. The approval of spot exchange-traded funds (ETFs), as well as the April halving, were recent catalysts.Investors might be surprised to know that gold is also near record highs thanks to bullish sentiment. Bitcoin and…

Sat 15 Jun 2024 ▪ 3 min of reading ▪ by Luc Jose A. The cryptocurrency market is in full swing, attracting the attention of major investors. JPMorgan recently took a close look at the source of these fund inflows. According to the largest American bank, Bitcoin ETFs are largely responsible for this massive influx of capital into the crypto…

Billionaire Mark Cuban warns that President Joe Biden could lose the Oval Office if he doesn't listen to "crypto voters" and change the U.S. Securities and Exchange Commission's (SEC) registration process.On Thursday, Cuban, the NBA Dallas Maverick's minority owner and cryptocurrency advocate, spoke at crypto exchange Coinbase's State of Crypto…

As the price of leading cryptocurrency Bitcoin cools off, gaming tokens are among the worst-hit tokens over the last week, with one major game’s token dropping 40% during the span. After a broadly strong first half of the year for crypto, Bitcoin has dipped by nearly 6% over the past week to $66,830, while Ethereum has fallen a larger 10% to…

Consumer price increases slowed notably in May, according to data released today, suggesting that inflation is easing again after proving stubborn earlier this year. Gasoline prices fell, car insurance prices dropped and so-called core inflation, which strips out volatile food and fuel prices, eased to 3.4 percent, its lowest level since April…