88.65 -0.02 (-0.02%)
After hours: 4:11PM EDT
|Bid||0.00 x 2900|
|Ask||0.00 x 1000|
|Day's Range||87.91 - 89.99|
|52 Week Range||79.60 - 106.50|
|PE Ratio (TTM)||16.50|
|Forward Dividend & Yield||3.05 (3.40%)|
|1y Target Est||N/A|
Bitcoin's price was above $8,000 at the end of July. Now, in the middle of August, the cryptocurrency is down to around $6,500 . "What you're seeing now is a bit of panic selling" Brian Kelly said on CNBC's "Power Lunch" on Tuesday.
Moody's Investors Service ("Moody's") has today downgraded the senior unsecured debt and deposit ratings of four Chilean banks - Banco de Chile, Banco del Estado de Chile (Banco Estado), Banco Santander-Chile (Santander), and Banco de Crédito e Inversiones (Bci) - and changed their outlooks to stable from negative. Moody's also downgraded the long-term deposit rating of Banco Estado, New York Branch, as well as its long-term counterparty risk ratings and assessments.
Despite a sluggish cryptocurrency market, stock trading app Robinhood is adding two new digital currencies to its platform.
Banco de Chile (BCH) seems well-positioned for future earnings growth and it is seeing rising earnings estimates as well, coupled with a solid Zacks Rank.
Bitcoin bounced back 12 percent from its lows last week, hitting a high of $6,609.50 Monday. It remains to be seen whether bitcoin will live up to some of the bullish calls for it made earlier this year, including Fundstrat Global Research's Tom Lee's $25,000 year-end target. The cryptocurrency rose 4 percent Monday to near $6,550 as of 9:30 a.m. ET, hitting a high of $6,609.50, according to data from CoinDesk.
Bitcoin hits its lowest level since November as investor interest sours on the world's largest cryptocurrency. "There’s no real spark in the market right now to get it moving, it’s just more sellers than buyers," says Matthew Newton, analyst at eToro. Bitcoin prices dropped to a low not seen since November as investor sentiment fails to rebound after hacks in recent weeks and crackdowns from global regulators.
The digital currency hit a four-month low of $6,092.38 and broke below $6,400 for the first time in about a week. The order led bitFlyer — the largest crypto exchange in Japan — to suspend the creation of new accounts while it makes changes. The agency gave the same order to five other exchanges after finding weaknesses in their controls against money laundering.
Moody's Investors Service has today assigned Counterparty Risk Ratings (CRRs) to 32 banks in Chile, Colombia, Paraguay, Peru, Central America and the Dominican Republic, and four of their foreign branches. At the same time, Moody's assigned a Counterparty Risk Assessment (CRA) to Corporación Financiera de Desarrollo S.A. (COFIDE) and to Banco de Desarrollo de El Salvador (Bandesal).
Bitcoin dropped 5 percent to its lowest level since February following reports of price manipulation. The digital currency fell below $6,200 Wednesday and has struggled to regain footing after dropping 10 percent this weekend. Prices began stumbling after a study was released by the University of Texas saying most of bitcoin's rise last year was due to price manipulation on popular exchange Bitfinex.
Chile's government and financial institutions will seek advice on cybersecurity practices from an unnamed international organization after hackers robbed $10 million from the country's second-largest commercial bank, its finance minister said on Tuesday. Banco de Chile suffered a cyber heist on May 24, with most of the funds ending up in Hong Kong, the bank's chief executive Eduardo Ebensperger said over the weekend. "We will review best practices in cybersecurity to prevent and respond to these attacks," finance minister Felipe Larrain said in a statement.
Cryptocurrency-exchange Coinbase soared to $1 billion in revenue as a result of the bitcoin bubble. Now it's spreading bets to dominate a vast crypto economy.
Bitcoin dropped about 10 percent this week despite calls that it would rally on the back of major blockchain conference held in New York City.
Top cryptocurrency exchange Coinbase is launching four new products designed for institutional investors.
Huawei has teamed up with BTC.com to add the latter's bitcoin wallet to its new AppGallery. The move comes as China cracks down on speculative trading in the cryptocurrency market. The AppGallery will be pre-installed on all new Huawei and Honor phones and rolled out to other devices in the second quarter.
In the ever-developing cryptocurrency world, everything from "bitcoin mining" to "airdrops" may be subject to tax.
The blockchain start-up Ripple's cryptocurrency is not a security, one of its top executives told CNBC on Wednesday, seeking to put to rest speculation that it has not been added to popular exchange Coinbase ...
CoinMarketCap data showed eos climbed more than 30 percent over the last 24 hours for a market capitalization of nearly $7.1 billion, topping litecoin's $6.8 billion.
Cryptocurrency ripple is leading the top digital currencies by market cap as the worst performer as the first quarter comes to a close.