The biggest cryptocurrencies in the world dipped sharply Thursday after the latest inflation data showed wholesale prices are rising much faster than expected. The price of Bitcoin is down 3.8% on the day ($117,900), Ethereum is down 4% ($4,535), and Ripple is down 6.1% ($3.07) according to CoinMarketCap. Crypto prices are responding to the Producer
Elon Musk, the Tesla billionaire who has said he’d be backing bitcoin over the U.S. dollar, has withdrawn from bitcoin and crypto posting since helping to whip up the 2021 bull market. Sign up now for CryptoCodex—A free newsletter for the crypto-curious The bitcoin price, which crashed back from its 2021 highs before bouncing back
The crypto market is on fire again, but this time, the fuel isn’t coming from “crypto bros” on social media. It’s coming from Wall Street, and it’s all based on a massive bet that the Federal Reserve is about to cut interest rates. Ether, the second-largest cryptocurrency, is leading the charge, surging nearly 10% in
The crypto world’s biggest and most consequential legal war is finally over. Ripple Labs, a fintech giant, has just closed the book on its nearly five-year battle with the U.S. Securities and Exchange Commission, ending a fight that had become a proxy for the future of cryptocurrency regulation in America. The surprise settlement is being
The crypto world is in a state of euphoria, and it has one person to thank: President Donald Trump. Since his victory last November, the man who promised to be the “crypto president” has rolled out the red carpet for the decentralized finance industry, igniting a full-blown gold rush. In just over seven months, his
Bitcoin has seen its price rocket higher this year, topping an explosive 2024 that saw Wall Street charge into crypto—though some are predicting the bitcoin price bull run could be just getting started. Sign up now for CryptoCodex—A free newsletter for the crypto-curious The bitcoin price has doubled since this time last year, with the
By Francisco Rodrigues (All times ET unless indicated otherwise) Crypto markets rallied in the past 24 hours, with the CoinDesk 20 (CD20) index rising 5.3% as fresh U.S. policy signals and regulatory clarity supported risk appetite across the sector. Bitcoin (BTC) gained a relatively muted 1.3% to $116,500. The rally took off after President Donald
Join Our Telegram channel to stay up to date on breaking news coverage The crypto market reels as US-listed Bitcoin ETFs faced $196 million in outflows on Tuesday, marking four consecutive days of withdrawals. U.S. service sector data, showing tariff-driven inflation and weak employment, sparked stagflation fears, pushing Bitcoin to $112,650. Ethereum ETFs, however, drew
I went to a journalism convention expecting to talk about AI and politics. Instead, a chance encounter with a 24-year-old leader revealed a devastating truth about who gets left behind. I’ve been at the National Association of Black Journalists (NABJ) Annual Convention in Cleveland since August 6. I came expecting to hear about the state
Figure Technology Solutions has confidentially submitted to the US Securities and Exchange Commission (SEC) an initial public offering (IPO) in the form of a blockchain company, following a larger trend of blockchain companies moving into going public. The company specializes in blockchain-enabled financial services, tokenization of real-world assets (RWA), and lending via its Provenance Blockchain