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Bitcoin

Markets 1 year ago

Stocks inch lower, dollar firm as Fed focus intensifies; crypto soars

Asian stocks drifted lower while the dollar held firm on Tuesday as investors awaited minutes of the Federal Reserve's latest policy meeting to gauge the timing and extent of possible interest rate cuts this year.

Markets 1 year ago

Volatile bitcoin falls from record high as crypto frenzy hits pause

Bitcoin eased to a one-week low in volatile trade on Friday, as investors took profit from its run to a record high and as another upside surprise on US inflation dimmed prospects of early rate cuts there and dented demand for riskier assets.

Markets 2 years ago

Dollar waits on US inflation reading, bitcoin tops $60,000

The US dollar was firm and the yen was headed for a monthly loss in the lead up to US inflation data that could ruffle the interest rate outlook, while bitcoin surged above $60,000.

Markets 2 years ago

Bitcoin breaks $50,000 for first time since 2021

Bitcoin spiked above $50,000 Tuesday for the first time in more than two years as investors grow optimistic that US approval of broader trading in the unit will ramp up demand.

Markets 2 years ago

Asia stocks rally ahead of US CPI, Nikkei breaches 35,000

Asian stocks rose on Thursday ahead of US inflation data that could influence the Federal Reserve's thinking on rate cuts, while the crypto world got a boost after exchange-traded funds (ETFs) to track bitcoin were approved in the United States.

Markets 2 years ago

Bitcoin defies its doubters in 2023

If 2022 was the year that "broke bitcoin", 2023 has been the year of trauma recovery.

Tech 2 years ago

Bitcoin soars past $40,000 on optimism for US trading approval

The digital asset has skyrocketed this year, gaining nearly 150 percent, with expectations growing that US regulators will allow the creation of exchange-traded funds (ETFs).

Tech 2 years ago

Crypto investors cheer talk of Binance criminal probe resolution

Binance founder and CEO Zhao Changpeng will admit violating US laws as part of a deal to resolve a US probe into illicit finance breaches, according to a source familiar with matter.

Markets 2 years ago