|Bid||0.00 x 900|
|Ask||0.00 x 800|
|Day's Range||27.85 - 28.46|
|52 Week Range||27.04 - 35.50|
|Beta (3Y Monthly)||0.35|
|PE Ratio (TTM)||15.61|
|Forward Dividend & Yield||1.02 (3.58%)|
|1y Target Est||32.15|
The total market capitalization of all cryptocurrencies fell to around $138.6 billion, down more than 80 percent since its January peak. Bitcoin was seen trading at a price of $4,300, down over 4 percent on the day, and well below its all-time high of nearly $20,000 last year. Investors are rattled by news of a schism in bitcoin's most notable spin-off, bitcoin cash, as well as regulatory worries.
The world's largest cryptocurrency is now down 21 percent in the past week, falling 9 percent Monday to its lowest level in more than a year. Other major cryptocurrencies ethereum and XRP dropped 13 and 5 percent respectively. Bitcoin is now down more than 30 percent since last Thanksgiving, when it gained household-name status and became a common topic around dinner tables.
Amid a plunge in the cryptocurrency markets in the last 24 hours, the market capitalization of the world's biggest cryptocurrency Bitcoin fell below $100 billion for the first time in more than a year.
Bitcoin had been coasting in recent months on fairly low volatility until "things exploded," says the cryptocurrency fund manager.
Bitcoin fell more than 7 percent Wednesday after a relatively calm few months. The cryptocurrency dropped to $5,640.36, hitting a new low for the year. Ethereum and XRP, the second and third largest cryptocurrencies behind bitcoin, dropped 13 percent and 15 percent respectively.
Moody's Investors Service (Moody's) today assigned an A1 rating to Banco de Chile's CHF115 million fixed-rate senior unsecured notes maturing on 21 November 2023. The rating has a stable outlook. The notes ...
The entire market capitalization for cryptocurrencies fell by $18 billion over the course of three days, according to CoinMarketCap.com. Bitcoin ended the week down 5 percent but other top cryptocurrencies XRP and ether were down 12 percent and 18 percent, respectively. The sell-off began after reports that cryptocurrency exchange Bitfinex was going to suspend all deposits from fiat currencies, according to Brian Kelly, founder and CEO of BKCM.
Moody's Investors Service today assigned an A1 rating to Banco de Chile's $50 million fixed-rate senior unsecured notes maturing on 2 October 2028. The rating has a stable outlook. The notes, which will be governed by New York law, are being issued under Banco de Chile's $3 billion global medium-term note program.
Bitmain has about 30 percent of its assets in cryptocurrencies, which have nosedived this year. A closely followed, secretive Chinese bitcoin mining giant revealed a little bit more of itself on Wednesday. After months of speculation about the company's plans, Bitmain released its first-ever public disclosures, confirming its intention to list on the Hong Kong stock exchange.
Bitcoin is up 0.1 percent in the last 30 days, while ether has nosedived 45 percent. “In this case, bitcoin is acting like more of a safe haven for cryptocurrencies — it’s kind of consolidating,” said Mati Greenspan, analyst at cryptocurrency exchange eToro. Pressure could also be coming from short orders, which market intelligence platform CoinFi says are at all-time high.
CNBC compiled a list of what a $1,000 at the peak of the crypto hype would have yielded in some of the most popular cryptocurrencies. Bitcoin , the world's first and largest cryptocurrency has held up better than others. The cryptocurrency became a household name as it hit a high near $20,000 on December 16, 2017.
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.