|Bid||0.000 x 0|
|Ask||0.000 x 0|
|Day's Range||4.800 - 5.340|
|52 Week Range||4.800 - 38.714|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||8.35|
Tether’s USDT is one of several so-called “stable coins,” cryptocurrencies that claim they're backed by fiat currencies. Tether claims its currency is backed by the U.S. dollar, but the DoJ is reportedly investigating those claims along with how new Tether coins are created and why they have entered the market primarily via Bitfinex.
Canada Goose, Western Digital, Square, Goldman Sachs and Bitcoin Investment Trust highlighted as Zacks Bull and Bear of the Day
Bitcoin and several other major cryptocurrencies--including ripple, ethereum, and litecoin--have tumbled in the past day after a rash of headlines sparked concern about uncertainty among investors and traders.
The cryptocurrency market finished a disastrous week on a low note on Friday, with most major currencies trading down on the day. Here’s a look at some of the headlines that were moving the cryptocurrency ...
Cryptocurrencies were hammered Wednesday as the 2018 bursting of the bitcoin bubble took another leg down. Bitcoin traded below $6,000 to new 52-week lows on uncertainty related to the upcoming Bitcoin ...
When the market is volatile, investors flee to safety. Often, investors will retreat out of growth names and into more established industries. We saw that trend play out in October on the over-the-counter ...
The hackers changed the profile names and photos on the Twitter accounts to match Musk's. They used the accounts to impersonate Musk and promote a bitcoin scam claiming that Musk is giving away 10,000 bitcoins to participants. The cryptocurrency market has been rampant with criminal activity and fraud, and Carbon Black Security reports that more than $1.1 billion of cryptocurrency was stolen in the first half of 2018.
The cryptocurrency market finished a string week on a low note on Friday, with most major currencies trading down on the day. Here’s a look at some of the headlines that were moving the cryptocurrency ...
The cryptocurrency market finished a rough week on a high note on Friday, with most major currencies trading up more than 1 percent on the day. Here’s a look at some of the headlines that were moving the ...
The cryptocurrency market finished a solid week on a high note on Friday, with most major currencies trading up on the day. Here’s a look at some of the headlines that were moving the cryptocurrency market ...
Bitcoin and other cryptocurrency prices soared Monday after Fidelity announced the launch of a new company that could help increase access to digital currencies. What Happened? One of the biggest criticisms of cryptocurrencies in the early stages of their development are that they're difficult for the average investor to access and that they will need to become mainstream in order to survive and thrive. While a number of cryptocurrency-oriented financial services companies have sprung up in recent years, Fidelity is the first traditional Wall Street form to provide cryptocurrency solutions like custody.
Cryptocurrencies have been turning in a forgettable performance so far this year, with bitcoin — the most widely traded crypto — losing a whopping 56 percent year-to-date after a stellar performance in 2017. The digital currency soared to a high of $6,950, but has since then given back some of the gains and was trading at $6,665.91 at the time of publication, according to CoinMarketCap. The cryptocurrency Tether is making a downward move, losing 2.38 percent against the dollar and 8.08 percent against bitcoin.
On Wednesday, Yahoo Finance reported the U.S. Securities and Exchange Commission has issued a second wave of subpoenas to cryptocurrency startups who used initial coin offerings to raise funding. The Dow Jones dropped 800 points on the day, but the 2.4 percent decline in the S&P 500 was less than half of the 6 percent decline in bitcoin prices that day.
The cryptocurrency market finished a difficult week on a low note on Friday, with most major currencies trading down on the day. Here’s a look at some of the headlines that were moving the cryptocurrency ...
There is no question that there is a connection between blockchain and cryptocurrencies — without blockchain, cryptocurrencies wouldn’t exist. One stock that is as close to a pure play on cryptocurrencies as you can get is Bitcoin Investment Trust (OTCMKTS:GBTC), which basically tracks the price of bitcoin. As goes the price of bitcoin, so goes GBTC’s share price.
NEW YORK, Sept. 6, 2018 /PRNewswire/ -- Grayscale Investments, LLC, a global leader in digital currency asset management, today announced the launch of Zen Investment Trust, a single-asset investment vehicle solely comprised of ZEN, a privacy-focused digital currency. Zen Investment Trust is the eighth single-asset investment product introduced by Grayscale, and the first security solely invested in ZEN.
Bitcoin plunged back below the $7,000 on reports Goldman Sachs has abandoned plans to establish a cryptocurrency trading desk.
Institutional investors looking for exposure to the fast-growing universe of cryptocurrencies have a new vehicle to consider. On Tuesday, Bitwise Asset Management and Morgan Creek Digital, the digital ...
Bitcoin investors are no strangers to volatility and market-moving headlines, but the past few days have been particularly eventful for crypto investors. On Friday, Fundstrat Global Advisors analyst Tom Lee said bitcoin prices have started to correlate positively with emerging markets. Lee said the selling pressure in both cryptocurrencies and emerging market stocks could reverse in the second half of the year, especially if the U.S. dollar weakens and the Federal Reserve slows down its tightening.
Wall Street is desperate to get in on the bitcoin game, but the Securities and Exchange Commission remains wary, and industry insiders don't expect that to change anytime soon. As much as bitcoin trading has matured over the past year—price spreads between different exchanges are tighter, for instance—there's still too much evidence that digital currencies can be manipulated, and the exchanges where most trading occurs are vulnerable to hacking and shady operators. Regulators don't yet have the legal authority to conduct steady surveillance of those markets.