Tag: Dogecoin USD

Investment advisers ‘extremely skeptical’ about first U.S. bitcoin ETF: ‘It’s a hard thing for RIAs to recommend an inferior’ crypto product

Happy Sunday! Welcome to the penultimate installment of Need to Know Crypto Edition, ahead of the launch of a new weekly crypto newsletter “Distributed Ledger,” which will kick off next month. I’m Mark DeCambre, managing editor of markets and I’ll walk you through the latest and greatest in digital assets this week so far. There […]

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Bitcoin tops $50,000 for first time since early May

The price of bitcoin topped the $50,000 level Sunday night, as the world’s largest cryptocurrency continues to rebound from its collapse three months ago. After flirting slightly above and below the $50,000 mark late Sunday, bitcoin BTCUSD, +3.84% hit $50,190 as of 10:53 p.m., according to Coindesk data; it hasn’t been above $50,000 since early […]

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Bitcoin rallies, tops key technical level for first time since early May

The price of bitcoin rallied over the weekend, trading above its 50-day moving average for the first time since early May. Bitcoin BTCUSD, +10.42% surged Saturday and into Sunday, recently trading at $37,973. according to CoinDesk, after recovering from its dive below the $30,000 level on Tuesday. Bitcoin is up nearly 20% over the past […]

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Musk says Tesla sold about 10% of bitcoin to test market, and will ‘resume allowing crypto transactions’ when 50% of miners are green

Prices of the world’s No. 1 crypto on Sunday were trading sharply higher, as digital-asset bull Elon Musk said Tesla would resume allowing transactions at the vehicle-maker’s stores when key members of bitcoin infrastructure can confirm that 50% of the energy used to mine for bitcoin is derived from clean energy sources. The Sunday afternoon […]

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