|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||0.00 - 0.00|
|52 Week Range|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||8.35|
Bitcoin slumped on May 23 and was trading at $7,873 as of 6:00 AM EST, below the psychological support level of $8,000. It has fallen about 5% over the last 24 hours, and its market cap is also down to $134 billion. Ethereum, ripple, bitcoin cash, EOS, and litecoin, other top cryptocurrencies, have also dropped 10.2%, 8.1%, 11.1%, 11.6%, and 6.7%, respectively, in the last 24 hours.
The cryptocurrency market continued its losing streak Tuesday, with most major currencies trading down more than 2 percent on the day. Here’s a look at some of the headlines that were moving the cryptocurrency ...
Cryptocurrencies have continued their fluctuation, alternating between gains and losses. As of 7:30 AM Eastern Time on May 22, bitcoin had fallen ~2.5% over the last 24 hours and was trading at $8,273. Top cryptos Ethereum and Ripple also fell, declining 3% and 2.7%, respectively.
NEW YORK , May 22, 2018 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Ethereum Classic Investment Trust (OTCQX: ...
The cryptocurrency market couldn’t shake its Blockchain Week hangover on Monday, with most major currencies trading down more than 2 percent on the day. Here’s a look at some of the headlines that were ...
Genesis Mining, which is the largest blockchain mining company based out of Iceland, put up billboards outside Warren Buffett’s office last week. The billboards said, “Warren: you said you were wrong about Google and Amazon. The billboards were put up soon after Buffett discussed bitcoin during his annual Berkshire Hathaway (BRK.A) meeting.
Cryptocurrencies seem to be moving towards gains slowly but surely as of Monday, May 21, at 6:00 AM EST. Bitcoin has risen about 2.0% over the last 24 hours and was trading at $8,497. Bitcoin has witnessed a fall of almost 1% after seeing a $1,000 drop in the previous week.
Bitcoin has plunged 58% from its December highs, Warren Buffett has compared it to rat poison, and few people use it for everyday purchases. Other digital coins are stuck in legal limbo. In any other industry, ...
Maybe I shouldn't have bought Bitcoin with my credit card? CoinDesk's Consensus 2018 conference is over and it failed to pump up cryptocurrencies. Since Rule #2 of my 3 Rules of Bitcoin is there are no rules when it comes to hyping crypto, this was an ideal opportunity for the crypto community to hype demand and drive prices higher. Tom Lee, or @fundstrat on twitter, was one of those regularly calling for ever higher prices, who predicted #Consensus2018 to deliver higher prices. Of course, according on CNBC, he doubled down after the conference (I guess if you first don't succeed, try and try again?).
The cycle of alternating days of gains and losses continues to stir the cryptocurrency markets. Bitcoin and other top-ten cryptos fell once again. Bitcoin was down about 2.3% over the last 24 hours and trading at $8,130. Its market capitalization was at $138 billion. The overall market cap for all the cryptos was at $369 billion. Bitcoin’s (GBTC) dominance relative to other cryptos was at 37.5%. Often, a slump in cryptos raises the bitcoin’s dominance. The cryptocurrency market has fallen about $42 billion over the last three days.
The cryptocurrency market continued its rough week on Thursday, with most major currencies trading down more than 1 percent on the day. Here’s a look at some of the headlines that were moving the cryptocurrency ...
Benzinga CEO Jason Raznick sat down with eToro CEO Yoni Assia for a fireside chat Wednesday at the 2018 Benzinga Global Fintech Awards, to discuss eToro's rise and the future of cryptocurrency. Of the many exciting outlooks Assia broke down regarding the future of the markets, none stood out more than his assessment of cryptocurrency.
The world’s second largest producer of bitcoin mining hardware could soon become the first cryptocurrency company to hit the public markets in Hong Kong. China’s Canaan Inc. applied Tuesday to trade on ...
I don’t have to tell you that the blockchain and the technology’s resultant cryptocurrencies have singlehandedly altered the investment landscape. That said, most traditional investors don’t want to touch the crypto token’s inherent volatility with a 20-foot pole. It would seem like sector-related exchange-traded funds, or blockchain ETFs, offer a happy medium … but this too encounters resistance.
It all started last Monday when Bill Gates was quoted as saying he would short bitcoin if he could on CNBC. Tyler Winklevoss responded with this tweet that pointed out that @BillGates could short bitcoin using the CBOE futures contract. The CBOE's contract specifications clearly state that you could be net short or long up to 5,000 contracts. There don't seem to be any restrictions on who can be short (I have to check my notes, I thought at one time there were limitations on who could short - though that may have been at the clearing level - or before bitcoin dropped from almost $20,000 to under $9,000 and hasn't had a parabolic increase since late November and early December (not coincidentally, in my opinion, right as futures launched).
The nuance, the feverish buzz, and the controversy over the assets themselves echo the early beginnings of exchange-traded products. So it should surprise no one that John Hyland, who was on the team that launched the first crude oil ETF, the first natural gas ETF, and the first copper ETF, joined Bitwise Asset Management as its new global head of ETFs. Hyland joins two other ETF whisperers—Matt Hougan, former CEO of Inside ETFs, and Teddy Fusaro, who helped build Direxion and IndexIQ—at the firm. Meanwhile Bitcoin Investment Trust (GBTC) is up more than 3% so far Monday.
Blockchain Week kicked off over the weekend in New York City, and this year’s event features appearances by St. Louis Fed President James Bullard, European Parliament member Eva Kaili and Twitter, Inc. (NYSE: TWTR) CEO Jack Dorsey. Rapper Snoop Dogg will perform at a party sponsored by the Ripple cryptocurrency. The largest event of the week is expected to be CoinDesk’s Consensus conference, which will likely have as many as 8,000 attendees.
A woman dressed in a t-shirt with cryptocurrency logos shows a visual representation of the cryptocurrency Bitcoin and other cryptocurrencies. Bitcoin had been on an uptrend since April 12 when it hit a recent low of $6,850. Tom Lee, Head of Research at Fundstrat, had postulated that at least part of the weakness in Bitcoin and other cryptocurrencies in March and the first two weeks of April had been due to investors selling them to raise cash to pay for 2017 gains.
Bitcoin plunged to a three-week low after South Korean prosecutors raided the country's largest cryptocurrency exchange over fraud concerns, just before the start of Blockchain Week New York.
The cryptocurrency market continued a sluggish start to the week Thursday, with most major currencies trading down more than than 1.5 percent. Here’s a look at some of the headlines that were moving the ...
Gold was once considered money because it was a good intermediary. Gold is, in the end, a commodity. During the last five years the SPDR Gold Shares ETF (NYSEARCA:GLD) is down about 5%, while the Dow Jones Industrial Average is up 60%.
The cryptocurrency market continued a sluggish start to the week Tuesday, 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 stumbled out of the gates this week, with most major currencies trading up or down more than 2 percent on Monday. Here’s a look at some of the headlines that were moving the cryptocurrency ...
Warren Buffett is no fan of cryptocurrencies. This weekend at the Berkshire Hathaway (BRK.B) annual shareholder meeting, the billionaire said that bitcoin was "probably rat poison squared," a sentiment echoed by long-time partner Charlie Munger, who said that that cryptocurrency trading is "just dementia." Nor is Buffett backing down today, as he reiterated his dismissive stance on CNBC. "The asset itself is creating nothing," he said. "When you're buying nonproductive assets, all you're counting on is the next person is going to pay you more because they're even more excited about another next person coming along." Bitcoin and other cryptocurrencies have seen quite a bit of volatility in recent months, and while some think that the worst may be over, others warn that there may be more headwinds for investors.
Yahoo Finance's Alexis Christoforous and Jared Blikre break down the afternoon market action.