Top cryptocurrency prices today: Bitcoin gains 2%; Dogecoin, Solana shed up to 4%

New Delhi: The cryptocurrency cart continued to show mixed signs on Wednesday despite the slow and steady upward movement in numero uno digital token Bitcoin. Six out of the top 10 cryptocurrencies were higher at 9.30 hours IST, whereas the remaining four tokens were trading in the red. Bitcoin rose 2 per cent, but Dogecoin … Read more

First bitcoin futures ETF rises 3% in trading debut on the NYSE

An illustration showing the cryptocurrency bitcoin with a price chart in the background. STR | NurPhoto via Getty Images Shares of the first U.S. bitcoin-linked exchange-traded fund rose slightly in their trading debut on Tuesday. The ProShares Bitcoin Strategy ETF, ticker ‘BITO,’ was last up about 3%. The fund tracks CME bitcoin futures, or contracts … Read more

First bitcoin futures exchange-traded fund starts trading Tuesday. What to know before adding it to your portfolio

Bitcoin on display. Chesnot | Getty Images The first U.S. bitcoin futures exchange-traded fund will launch on Tuesday, a milestone for the cryptocurrency industry, and others may soon follow. The long-awaited ProShares ETF will offer exposure to bitcoin futures contracts — agreements to buy or sell the asset later for an agreed-upon price — rather … Read more

Bitcoin bull Mark Yusko sees trouble at $60,000, calls the cryptocurrency ‘overbought’ right now

A bitcoin bull is on pullback watch. Hedge fund manager Mark Yusko believes investors will take profits due to the cryptocurrency’s sharp rally over the last few weeks. “There are a lot of people that think we could hit $100,000 by the end of the year. The stock to flow model says we should,” the … Read more

Crypto week at a glance: Upcoming Bitcoin ETF to drive more adoption

Bitcoin (BTC) on Friday rose above the $60,000 level for the first time since April as investors celebrated the anticipated US SEC approval for trading of Bitcoin futures exchange traded fund (ETF) in the coming week. BTC’s daily high of $62,600 brought it within 4 per cent of its all-time high of $64,800 with its … Read more

Jack Dorsey says Square may build a bitcoin mining system, adding to bitcoin price surge

Square CEO Jack Dorsey said late on Friday the company might jump into the bitcoin mining business. Dorsey tweeted that the company is considering a “bitcoin mining system based on custom silicon and open source for individuals and businesses worldwide.” The price of bitcoin rose above $62,000 following Dorsey’s string of tweets, as the world’s … Read more

The SEC is set to allow bitcoin futures ETFs to begin trading—here’s what investors should know

In a massive victory for the cryptocurrency industry, the Securities and Exchange Commission is set to let the first U.S. bitcoin futures exchange-traded funds start trading next week, CNBC reported on Friday. Sources familiar with the matter told CNBC that the SEC isn’t likely to block the futures-based bitcoin ETFs proposed by ProShares and Invesco. … Read more

U.S. officially the top destination for bitcoin miners, beating out China for the first time

The U.S. is now the number one destination for bitcoin miners, eclipsing China for the first time ever. While it was already trending in that direction, new data from Cambridge University released early Wednesday makes it official. As of July, 35.4% of bitcoin’s hashrate – an industry term used to describe the collective computing power … Read more

Is Bitcoin headed towards record high? Explained in 4 charts

Bitcoin is flirting with a run toward its all-time high after jumping more than 90% since a low in July. The largest cryptocurrency was trading just above $57,000 as of 7:52 a.m. in London, some $7,700 shy of its April record. A recent rally in digital tokens like Bitcoin and second-ranked Ether contrasts with the … Read more

Bitcoin rises to the highest since May, is now up 30% in October

Bitcoin rose above $57,000 Monday morning, extending its two-week rally. The cryptocurrency gained more than 3% Monday to reach $57,597.60, the highest level since early May, according to Coin Metrics. Ether added nearly 2% to $3,599.22. The comeback — a gain of another 12% would take it back to its all-time high of about $65,000 … Read more