Bitcoin topped $60,000 for the first time in six months on Friday, nearing its all-time high, as hopes grew that U.S. regulators would allow a futures-based exchange-traded fund (ETF), a move likely to open the path to wider investment in digital assets. Cryptocurrency investors have been waiting for approval of …
Read More »Bitcoin price rises past $50,000, rebound slows
Bitcoin’s price surged past $50,000 on Monday for the first time since May, although its rebound from a months-long slump lost a little steam. The world’s largest cryptocurrency was last up 1.19% at $49,888. It had risen as high as $50,562 as investors bet that the prospect of more U.S. …
Read More »Cryptocurrencies tumble amid China crackdown on bitcoin miners
Cryptocurrencies tumbled on Monday as China’s crackdown on bitcoin mining expanded to the province of Sichuan. Bitcoin fell to as low as $32,288 for the first time since June 8 and was last down 7.9% at around $32,781. Bitcoin slides below $40,000 after China’s new crypto ban Smaller rival ether …
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