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The Federal Reserve raised interest rates, and markets now price in up to two more hikes by year's end as inflation remains above the 2% target.
A group of white hats appears to have pulled off something victims of the Coldcard exploit desperately needed, securing 52.37 BTC before malicious attackers could steal it. Galaxy Digital's Head of Firmwide Research, Alex Thorn, says the bitcoin, representing 2.
East Texas A&M's quantum-proofing of Bitcoin's Lightning Network could set a precedent for future cryptographic defenses in blockchain technology. Bitcoin's Lightning Network receives first quantum-proof defense from East Texas A&M University.
The surge in Bitcoin Cash highlights the potential for increased institutional adoption, which could drive broader market interest and investment. Bitcoin Cash leads top 100 crypto assets with 28% gain in 24 hours.
Some analysts say the upbeat data on the Nasdaq's outlook is backed up by improving fundamentals.
US hyperscalers Google, Microsoft, Meta, Oracle, and Amazon are the backbone of today's AI-driven market, with surging CapEx underpinning economic growth. AI optimism and massive spending resemble past bubbles, with moral hazard and circular financing raising systemic risk concerns if hyperscalers falter.
Gold holds key support near $4,291, with a break above $4,399 potentially opening the path toward $4,543.
Four ancient wallets moved 1,971 BTC between Sept. 6 and Sept.
Bitcoin (BTC) traded at $86,423 on Tuesday, up from below $76,000 a week ago. Tom Lee and iTrustCapital's CEO, Kevin Maloney, say the worst is now behind investors.
Large-scale whale wallets accumulated approximately 1.54 billion XRP units within a 96-hour window. The estimated value of purchases by institutional and high-net-worth holders reached $2.2 billion during that timeframe. The asset's price logged an 8.22% increase across three consecutive trading sessions.
Veteran trader Peter Brandt projects Ethereum could eventually reach $8,600 after breaking above $5,000. Brandt has spent five decades trading and previously identified major moves in gold and Bitcoin. The target would represent more than 200% upside from the level discussed in his latest analysis and roughly 75% above Ethereum's 2025 all-time high.
CNBC Business News Update with Jessica Ettinger - Markets & Business News With Expert Analysis From Top Business Names. Visit CNBC.com For More.
The S&P 500 Financial index and the benchmark's bank sector were under pressure on Tuesday as investors worried about competition from artificial intelligence and uncertainty around AI-related initial public offerings, along with moves in the bond market that potentially point to softer conditions ahead.
The exchange operator is adding standard and micro contracts for BCH and UNI, extending a pattern of altcoin rollouts that already covers Cardano, Chainlink, Stellar, Avalanche, and Sui.
State and federal regulators are rushing to fill the void to regulate digital assets after the future of the Clarity Act, a crypto market structure bill, was thrown into question. Just two days after a failed Senate vote, the SEC and CFTC started moving to build as much of the regulatory rulebook for the crypto industry as its existing authority permits.
