MicroStrategy sets 10-for-1 stock split four months after bitcoin peak

MicroStrategy sets 10-for-1 stock split four months after bitcoin peak

CFOTO | Nurphoto | Getty Images MicroStrategy, the largest corporate holder of bitcoin, announced a 10-for-1 stock split on Thursday. The company said the shares will be split into class A common stock and class B common stock “to make MicroStrategy’s stock more accessible to investors and employees.” The move comes amid a lull for … Read more

CNBC Daily Open: Are markets too optimistic?

CNBC Daily Open: Are markets too optimistic?

Traders work on the floor of the New York Stock Exchange during morning trading on January 04, 2023 in New York City.  Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more

CNBC Daily Open: Are markets overly optimistic?

CNBC Daily Open: Are markets overly optimistic?

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 1, 2023. Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. … Read more

After a 10-Year Wait, Mt. Gox Bitcoin Is Finally Being Returned

After a 10-Year Wait, Mt. Gox Bitcoin Is Finally Being Returned

In late February 2014, Daniel was at his computer trading bitcoin on Tokyo-based crypto exchange Mt. Gox. Suddenly, the website flashed white and became unresponsive. In a panic, Daniel turned for answers to internet forum Bitcoin Talk, where speculation had already begun: Mt. Gox was in trouble. Daniel, who lives in Europe, was a university … Read more

French left-wing shock victory, Boeing guilty plea

French left-wing shock victory, Boeing guilty plea

Traders work on the floor of the New York Stock Exchange, June 14, 2023. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You … Read more

CNBC Daily Open: French far-right advance blocked

CNBC Daily Open: French far-right advance blocked

Unexpected far-left victory in French run-off, estimates project, S&P 500 hits 34th record close, bitcoin sinks on Mt. Gox refund Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter … Read more

Crypto market bloodbath as Mt. Gox bitcoin (BTC) payout approaches

Crypto market bloodbath as Mt. Gox bitcoin (BTC) payout approaches

Cryptocurrencies plunged Friday as investors focused on the payout of nearly $9 billion to users of collapsed bitcoin exchange Mt. Gox. Bitcoin’s price was last lower by nearly 3% to $56,571.00, according to Coin Metrics. Earlier in the day, the world’s biggest cryptocurrency had slumped as low as $53,513.55, marking its first time trading below … Read more

Bitcoin drops for fourth day even as global stocks hit records

Bitcoin drops for fourth day even as global stocks hit records

Bitcoin sank for a fourth consecutive trading session, part of a wider crypto selloff that contrasts with recent record highs in global stocks.The digital asset shed 2.5% to change hands at about $56,870 as of 9:25 a.m. Friday in Singapore, while smaller coins like Ether and XRP also nursed losses.Crypto speculators currently face a range … Read more

Bitcoin to hit new all-time high this year if history plays out: Report

Bitcoin to hit new all-time high this year if history plays out: Report

In this photo illustration, a visual representation of the digital Cryptocurrency, Bitcoin is on display on March 5, 2024 in Paris, France. Chesnot | Getty Images News | Getty Images Bitcoin has not reached the top of its current appreciation cycle and is likely to go past its all-time high this year, according to a … Read more

‘Roaring Kitty’ gets chewed up, Nasdaq hits record

‘Roaring Kitty’ gets chewed up, Nasdaq hits record

Nasdaq closes at record high, Paramount streaming service on the block, ‘Roaring Kitty’ takes 6.6% Chewy stake Johannes Eisele | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. … Read more