Cryptocurrencies fell on Tuesday evening 1st October 2024, with Bitcoin retreating to the $60,000 level following an unstable beginning to what is typically one of its best performing months. Shares associated with digital currencies also fell in after-hours trading. Crypto exchange Coinbase saw a decline of about 1%, and MicroStrategyRead More →
New rules and risk assessments for UK Crypto traders Coinbase and Gemini, for example, are among cryptocurrency exchanges that now require U.K. users to fill out risk assessments. These questionnaires are designed to test their financial knowledge. The measures are a response to new rules in the UK. The rulesRead More →
After years of regulatory rejection, the U.S. Securities and Exchange Commission on Wednesday 10th January 2024 finally approved the Bitcoin EFT. It has approved what are known as ‘spot’ Bitcoin Exchange-Traded Funds (ETFs), which can be purchased by anyone from pension funds to retail investors. This now means that some of theRead More →
Crypto related stocks climbed Monday 8th January 2024 as the price of Bitcoin increased again to its highest level since April 2022. Crypto exchange Coinbase rose 3%, while Block and Robinhood, which also offer Bitcoin trading services, added 3% and 5%, respectively. Mining stocks enjoyed gains too: Marathon Digital and Riot Platforms advanced some 8% each. CleanSpark and Iris Energy both added 6%. ETF decisionRead More →
For true cryptocurrency bulls, the most lucrative investments in 2023 were in the stock market. While Bitcoin rallied over 150% for the year, shares of Coinbase, Marathon Digital, MicroStrategy and the Grayscale Bitcoin Trust, which are all tied closely to the digital currency, did substantially better, rising more than 300% in value. Bitcoin miner Marathon Digital soared someRead More →