Ripple’s XRP jumps as much as 9% as Grayscale introduces XRP trust that could pave way for an ETF

Ripple’s XRP jumps as much as 9% as Grayscale introduces XRP trust that could pave way for an ETF

In this photo illustration of the ripple cryptocurrency ‘altcoin’ sits arranged for a photograph on April 25, 2018 in London, England.  Jack Taylor | Getty Images News | Getty Images The price of Ripple’s XRP token jumped Thursday after Grayscale announced the launch of a new trust that gives accredited investors direct exposure to the … Read more

Coinbase, Marathon Digital, Riot Platforms lead drop in crypto stocks

Coinbase, Marathon Digital, Riot Platforms lead drop in crypto stocks

SAN ANSELMO, CALIFORNIA – JUNE 06: In this photo illustration, the Coinbase logo is displayed on a screen on June 06, 2023 in San Anselmo, California. The Securities And Exchange Commission has filed a lawsuit against cryptocurrency exchange Coinbase for allegedly violating securities laws by acting as an exchange, a broker and a clearing agency … Read more

Trump raises more than $4 million in bitcoin, other cryptocurrencies

Trump raises more than  million in bitcoin, other cryptocurrencies

Republican Presidential nominee and former President Donald J. Trump holds campaign rally at the Van Andel Arena in Grand Rapids, Michigan on July 20, 2024.  Bill Pugliano | Getty Images News | Getty Images NASHVILLE — Former President Donald Trump is headed to Tennessee this weekend to deliver a keynote address at a major bitcoin conference. … Read more

Bitcoin tumbles back to $60,000 to start the week

Bitcoin tumbles back to ,000 to start the week

A photo illustration depicting the cryptocurrency bitcoin. Jakub Porzycki | NurPhoto via Getty Images Bitcoin continued its descent to $60,000 on Monday. The price of the flagship cryptocurrency was last down by more than 4% at $61,211.00, according to Coin Metrics. Earlier, it fell to $60,666.30, its lowest level in more than a month. It’s … Read more

Bitcoin drifts back under $65,000 for the first time in more than a month

Bitcoin drifts back under ,000 for the first time in more than a month

A worsening macroeconomic climate and the collapse of industry giants such as FTX and Terra have weighed on bitcoin’s price this year. STR | Nurphoto via Getty Images Bitcoin fell with the broader cryptocurrency market on Tuesday amid concerns about the global economy and lower summer liquidity. The price of bitcoin was last lower by … Read more

Bitcoin briefly slumps below $63,000 after hitting $73,000 last week

Bitcoin briefly slumps below ,000 after hitting ,000 last week

Bitcoin extended its slide on Tuesday, dropping more than $10,000 from its all-time high last week. The flagship cryptocurrency was last lower by 6% at $62,918.35, according to Coin Metrics. Last week it climbed to a record $73,679. The move helped drag other cryptocurrencies lower. Ether lost more than 5% and was recently trading at … Read more

Bitcoin breaks below $39,000 as post-ETF tumble continues

Bitcoin breaks below ,000 as post-ETF tumble continues

Bitcoin extended its recent declines on Tuesday, falling further below $40,000 to its lowest level since the beginning of December. The price of the cryptocurrency was last lower by 3% at $38,767.10, according to Coin Metrics, adding to its 4% loss from the previous day, when the coin briefly dipped below $40,000 for the first … Read more

Bitcoin briefly dips below $40,000 for the first time this year

Bitcoin briefly dips below ,000 for the first time this year

Cemile Bingol | Digitalvision Vectors | Getty Images Bitcoin extended its losses on Monday, dipping below $40,000 for the first time this year and pulling the rest of the crypto market down with it. The price of bitcoin was last lower by 3.5% at $40,237.64, according to Coin Metrics. Earlier, it fell to $39,414.80, its … Read more

Crypto firm Ripple explored IPO outside U.S. but won’t go public soon

Crypto firm Ripple explored IPO outside U.S. but won’t go public soon

DAVOS, Switzerland — Ripple explored markets outside the U.S. for its initial public offering, CEO Brad Garlinghouse told CNBC, blaming a “hostile” regulator. However, the firm has put any plans for an IPO on hold for now, Garlinghouse said. Garlinghouse told CNBC in 2022 that Ripple, the company behind the cryptocurrency XRP, will explore a public … Read more