Text size Bitcoin has torn higher to start the year, but there is reason to think the gains could be unsustainable. Dreamstime Bitcoin and other cryptocurrencies were on pause Wednesday as traders awaited a key decision on interest rates from the Federal Reserve. After the best January for Bitcoin in a decade, bad news out … Read more
Text size Bitcoin prices have had a standout January, rallying about 40% since the start of the year. Dreamstime Bitcoin and other cryptocurrencies were slightly lower Monday, paring gains after a rally over the weekend. Crypto traders are awaiting the Federal Reserve decision on interest rates due Wednesday, which is likely to be a catalyst … Read more
Text size Cryptos prices are well off their recent lows but remain down this year. Ozan Kose/AFP via Getty Images Bitcoin prices were soaring on Wednesday as investors piled back into digital assets amid a return of risk sentiment in wider markets. Analysts are keenly watching for signs that this rally has momentum—and where it … Read more
Text size Crypto prices have collapsed in recent months, but prices recently have rallied. Dreamstime Bitcoin and other cryptocurrencies were trading mixed Tuesday, with prices wavering amid fragile investor sentiment following a selloff in the stock market on Monday. The price of Bitcoin rose slightly over the past 24 hours to $22,171, having moved as … Read more
Text size Crypto prices rallied over the weekend. Dreamstime Bitcoin and other cryptocurrencies were rallying on Monday as optimism swept through the digital asset space and stock market alike. The price of Bitcoin rose 6% over the past 24 hours to $22,400—the highest levels since a selloff in mid-June drove the largest crypto down from … Read more
Text size Crypto prices have collapsed in 2022. Dusan Zidar/Dreamstime Bitcoin and other cryptocurrencies dropped on Wednesday after investor sentiment soured following the release of key U.S. inflation data. The price of Bitcoin is 4% over the past 24 hours to $19,200, having previously been edging higher, approaching the $20,000 level that it plunged though … Read more
Dogecoin has jumped 13% over the past 24 hours on Tuesday to around $0.068, after Elon Musk reiterated his support for the meme coin, even though the crypto has lost more than 90% of its value from its all-time high in May 2021. Musk, chief executive at both Tesla TSLA, +10.99% and SpaceX, said Tuesday … Read more
A dogecoin investor is suing Elon Musk and two of his companies, Tesla Inc. and SpaceX, for $258 billion, accusing them of operating a “pyramid scheme” to inflate the price of the cryptocurrency. The lawsuit, filed Thursday by Keith Johnson in Manhattan federal court, accuses Musk and his companies of committing fraud, as well as … Read more
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest and greatest in digital assets this week so far. Find me on Twitter at @FrancesYue_ to send feedback, or tell us what you think we … Read more
Bitcoin prices have suffered a rout over the past week alongside other cryptocurrencies. Dreamstime Text size Bitcoin and other cryptocurrencies remained under pressure Wednesday, but above their Tuesday lows, with the focus on the meltdown of stablecoin TerraUSD, which is designed to be pegged to the U.S. dollar. The price of Bitcoin fell 2% over … Read more