Big Friday Crypto Selloff Pulls Bitcoin Below $70K
Ideas about lower U.S. interest rates were foiled again and a plunge in shares of speculative favorite GameStop soured the mood in crypto.
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Jun 7, 2024 at 6:55 p.m. UTC
Jun 7, 2024
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Stephen Alpher
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GameStop Tumbles 40% as Trading Icon Roaring Kitty Returns to Livestream
Solana-based meme token GME is down 50% from earlier Friday, but remains sharply higher for the week
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Jun 7, 2024 at 5:15 p.m. UTC
Jun 7, 2024
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U.S. Added 272K Jobs in May, Blowing Past Estimates; Bitcoin Pulls Back From 2-Month High
Recent soft economic and inflation data combined with rate cuts this week in Europe and Canada had investors rethinking expectations about Fed policy.
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Jun 7, 2024 at 12:37 p.m. UTC
Jun 7, 2024
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Bank of Canada Begins G-7 Monetary Easing Cycle, Trimming Benchmark Rate 25 Basis Points
Bitcoin prices could receive a tailwind from lower interest rates in developed economies.
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Jun 5, 2024 at 2:21 p.m. UTC
Jun 5, 2024
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Uniswap Postpones Protocol Upgrade Vote; UNI Tumbles 9%
The "fee-switch" vote was supposed to take place today.
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May 31, 2024 at 5:43 p.m. UTC
May 31, 2024
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Bitcoin Breaks to Low End of Trading Range, but June Data Could Be Next Catalyst
Barring a big late move, May will still go down as a strong month for the world's largest crypto.
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May 31, 2024 at 3:47 p.m. UTC
May 31, 2024
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NYSE Plans Bitcoin Options, Bringing Another TradFi Giant Into Crypto
CoinDesk Indices' XBX is currently the benchmark for $20 billion in ETF assets under management.
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May 29, 2024 at 12:35 p.m. UTC
May 29, 2024
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Medical Device Maker Semler Scientific Stock Rises 25% After $40M Bitcoin Investment
The company announced its Bitcoin treasury strategy Tuesday morning.
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May 28, 2024 at 2:07 p.m. UTC
May 28, 2024
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BitGo to Offer Custody Services for CoinDesk 20 Constituents
The broad crypto price gauge has seen about $5 billion in perpetual futures volume since launching in January.
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May 22, 2024 at 1:00 p.m. UTC
May 22, 2024
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Ether Jumps 10% to $3.4K After Bloomberg Ups Odds of Spot ETF Approval
Markets previously had mostly priced in SEC rejections of the proposed funds beginning this week.
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May 20, 2024 at 7:34 p.m. UTC
May 20, 2024