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January 24, 2022

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Crypto exchange users report ‘suspicious activity’ and 5 other important updates to know in the space

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CNBC – For more and to sign up click here After a rough start to the year, the price of bitcoin is about flat in the last seven days. The largest cryptocurrency by market value is currently trading at $41,671, according to Coin Metrics. Ether, the second-largest, is up about......

Bitcoin tumbles below $40,000 to lowest since September as investors dump risky assets

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CNBC – For more and to sign up click here Vertigo3d | iStock | Getty Images The price of bitcoin fell to its lowest point since September on Monday as rising rates continue leading investors to shed positions in risky, growth-oriented assets. Bitcoin fell as much as 6% to touch......

One company is offering dividends in bitcoin—but experts say it may be better to just buy the cryptocurrency directly

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CNBC – For more and to sign up click here BTCS Inc., a blockchain infrastructure and technology company, announced on Wednesday that it will offer the “first-ever dividend payable in bitcoin by a Nasdaq-listed company.” Dubbed the “Bividend” by BTCS, the company said it will pay a dividend of five......

Bitcoin launched 13 years ago today⁠—here are 8 milestones from the past year

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CNBC – For more and to sign up click here Thirteen years ago today, bitcoin officially launched after what’s known as the Genesis Block was mined. Though the bitcoin whitepaper was released by Satoshi Nakamoto, the pseudonym used by bitcoin’s creator or creators, on October 28, 2008, many say its mint......

From bitcoin hitting $1 trillion in market value to Elon Musk’s dogecoin tweets: 12 key crypto moments from 2021

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CNBC – For more and to sign up click here It’s been a record year for the cryptocurrency market, which briefly surpassed $3 trillion in value in November. Bitcoin, the largest cryptocurrency by market value, and ether, the second-largest, hit all-time highs, while altcoins, like meme-inspired dogecoin, surged in popularity.......

‘Bubblicious’ used car prices are rising faster than bitcoin, market researcher Jim Bianco warns

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CNBC – For more and to sign up click here Your car may be more valuable than what’s in your portfolio. Used auto prices are rising faster than bitcoin and other assets, according to market researcher Jim Bianco. “If you want to know what the best investment you probably had......

From a bitcoin crash to regulatory crackdowns: Analysts give their top predictions for crypto in 2022

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CNBC – For more and to sign up click here Vertigo3d | iStock | Getty Images Crypto crash Some experts believe bitcoin is due for a sharp decline in the coming months. Bitcoin surged to a record high of almost $69,000 in November. It’s now sitting below $50,000, down almost......

Over $7.7 billion stolen in crypto scams in 2021 and 4 other updates you should know

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CNBC – For more and to sign up click here The top cryptocurrencies by market value remain in the red this week. Bitcoin is currently trading at around $46,766, according to Coin Metrics, and ether is trading at around $3,880. Both are down around 6% in the last seven days.......

Own everything but ‘bubble assets’ tech and crypto, recommends Institutional Investor hall of famer Rich Bernstein

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CNBC – For more and to sign up click here Institutional Investor hall of famer Rich Bernstein is a market bull whose playbook excludes some of Wall Street’s most popular groups. He blames a risky see-saw dynamic playing out in the marketplace. “On one side, we have all that I would......

This new CNBC stock index will track shares integral to the lives and careers of younger generations

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CNBC – For more and to sign up click here Employees of Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, watch as their listing is displayed on the Nasdaq MarketSite jumbotron at Times Square in New York, U.S., April 14, 2021. Shannon Stapleton | Reuters CNBC is launching a new......

Bitcoin stabilizes at $49,000 after Friday’s overnight plunge

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CNBC – For more and to sign up click here The Bitcoin logo is displayed on the screen of a Bitcoin ATM on November 10, 2021 in Los Angeles, California. Mario Tama | Getty Images Bitcoin prices stabilized on Sunday morning after wild trading sent the cryptocurrency tumbling more than......

Bitcoin climbs back above $57,000 as cryptocurrencies rebound from sell-off

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CNBC – For more and to sign up click here The value of Bitcoin (BTC) has exceeded the threshold of 66,895 dollars for the first time in his history. Chesnot | Getty Images Bitcoin and other cryptocurrencies surged Monday after a sharp sell-off at the end of last week. The......

Covid developments to rule the market once again in the week ahead after Friday’s rout

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CNBC – For more and to sign up click here Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 14, 2021. Brendan McDermid | Reuters Uncertainty about a new emerging coronavirus strain could continue to spook markets, just as Friday’s employment......

‘I’m still very bullish’ on a pure-play bitcoin ETF in early 2022, Gemini executive says

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CNBC – For more and to sign up click here A pure-play bitcoin exchange-traded fund may not be as far off as some think, according to one cryptocurrency executive. With its approval of three bitcoin futures ETFs, the Securities and Exchange Commission signaled that it is embracing crypto as an......

Bitcoin enters bear market territory as risk assets plunge on new Covid variant

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CNBC – For more and to sign up click here Bitcoin prices fell sharply amid the global sell-off in equities. Luke MacGregor  | Bloomberg | Getty Images Bitcoin fell sharply alongside other assets on Friday, hitting a six-week low and officially entering bear market territory. Bitcoin sank 7% in the......

Stripe says it’s open to accepting crypto for payments, three years after ending bitcoin support

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CNBC – For more and to sign up click here John Collison, President and co-founder of Stripe, attends the 2018 Viva Tech conference in Paris. Christophe Morin | IP3 | Getty Images Stripe isn’t ruling out accepting cryptocurrency as a method of payment in the future, according to co-founder John......

Ripple seeing ‘good progress’ in SEC case over XRP, outcome expected next year

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CNBC – For more and to sign up click here In this photo illustration of the ripple cryptocurrency ‘altcoin’ sits arranged for a photograph on April 25, 2018 in London, England.  Jack Taylor | Getty Images News | Getty Images Fintech company Ripple is making great strides in its legal......

Crypto start-up MoonPay hits $3.4 billion valuation as bitcoin fever reaches new heights

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CNBC – For more and to sign up click here MoonPay CEO and co-founder Ivan Soto-Wright speaking at the Bitcoin 2021 conference in Miami, Florida. Eva Marie Uzcategui | Bloomberg | Getty Images Cryptocurrency start-ups have raised record funding this year. It’s no surprise, then, that some major players in......

Criminals have made off with over $10 billion in ‘DeFi’ scams and thefts this year

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CNBC – For more and to sign up click here An illustration showing physical bitcoins alongside binary code displayed on a laptop. Jakub Porzycki | NurPhoto via Getty Images LONDON — Investors have lost billions of dollars to criminals targeting so-called “decentralized finance” platforms this year. According to a report......

A major upgrade to bitcoin is happening soon—here’s what investors should know

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CNBC – For more and to sign up click here Taproot, a highly anticipated upgrade to bitcoin, is expected to go into effect in the coming days at block 709,632 — some sources say it’ll go live as soon as Saturday. This is bitcoin’s first major upgrade since 2017, and......

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