Tag: Markets
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Ether, Polkadot slide with equities as Silvergate surrenders Monday’s gains
Crypto prices were relatively steady, while ether and DOT dipped. Silvergate sank as equities were in the red. Bitcoin continues to trade around $23,000, relatively flat throughout the day, according to TradingView data. BTCUSD chart by TradingView Ether slid around 1% to $1,614 by 4:25 p.m. EST, and Polkadot’s DOT ... -
bitcoin climbs, Coinbase stock shrugs off Moody’s downgrade
The past week has seen crypto prices continue their upward trajectory, with bitcoin rising 16.8% and jumping over the $23,000 mark going into the weekend. Bitcoin was trading at $23,262 as of 2 p.m. ET. Meanwhile, ether rose 14.3% to around $1,663. Cryptocurrencies like Binance’s BNB, Polygon’s MATIC and XRP also rose by ... -
Coinflex says new exchange with 3AC founders won’t use GTX name after Twitter ridicule
Coinflex said that a proposed exchange for trading claims won’t use GTX for its name after a proposal to raise $25 million for the project had been widely mocked on Crypto Twitter. “Building a marketplace for trading claims (in addition to crypto and potentially other assets) is an evolution of Coinflex’s commitment to building ... -
The Block: Bitcoin mining report: Jan. 12
Bitcoin mining stocks tracked by The Block were higher on Thursday, with all 19 gaining. Bitcoin rose 7.5% to $18,857 by market close. Here is a look at how the individual miners performed today: © 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It ... -
ConsenSys to lay off 100 or more employees: Coindesk
ConsenSys will let go of as many as 100 or more employee, CoinDesk reported, citing a person familiar with the matter. The exact number of employees that could be laid off is not clear, as the reductions have yet to be finalized, the source told CoinDesk. ConsenSys joins a number of companies that ... -
Bitcoin dips while dogecoin drops 10% and MicroStrategy stock falls
Crypto prices fell over the past week as dogecoin led the losses. Crypto stocks traded higher for the most part, while MicroStrategy declined. Bitcoin was changing hands for $16,550 at 10 a.m. EST on Sunday, according to data via TradingView. The leading cryptocurrency by market cap was down about 1.8% over the past seven ... -
Galaxy Digital pops day after Argo mining acquisition announcement
Galaxy Digital shares rose more than 13% a day after saying it would buy Argo Blockchain’s Helios mining facility. The company will pay $65 million for the facility and will also provide a $35 million loan to Argo. GLXY Chart via TradingView Other crypto-related stocks saw mixed performances, with Silvergate ... -
Coinbase all-time low kicks off slow holiday week
Coinbase fell 8% to an all-time low of $32.65 in a slow day of trading alongside the S&P 500 and Nasdaq. Other crypto-related stocks fell, including Galaxy Digital and MicroStrategy. Bitcoin dropped 1.1% over the past 24 hours, while ether declined 0.7%. © 2022 The Block Crypto, Inc. All Rights Reserved. This ... -
Argo Blockchain tumbles 38% after bankruptcy gaffe
Bitcoin mining stocks tracked by The Block showed mixed results with about half a dozen trading up and the others down. Argo Blockchain’s shares plunged 38% in the UK and 37% in the U.S. in its first day of trading after the miner accidentally published a document saying that it had filed for Chapter ...