Crypto News
Cryptocurrency news covering Bitcoin, Ethereum, and altcoins. Track crypto prices, blockchain developments, DeFi trends, and regulatory updates.
Bitmine Shares Drop 7.8% as Ether Slumps Following Fed Decision
Bitmine shares declined 7.8% in extended trading Wednesday, pressured by a 5.9% drop in ether following the Federal Reserve's policy announcement. The company holds 4.6 million ETH and reported $11.5 billion in total assets.
XRP Retreats 5% as Fed's Hawkish Stance Dampens Crypto Rally
XRP declined approximately 5% to $1.46 on Wednesday, reversing gains from a prior rally after the Federal Reserve maintained a cautious interest rate outlook. The SEC provided regulatory clarity, classifying XRP alongside Bitcoin and Ethereum as digital commodities.
Bitcoin Retreats Below $72K as Fed Signals Limited Rate Cuts, Crypto Assets Slide
Bitcoin dropped below $72,000 following the Federal Reserve's decision to maintain interest rates and signal just one reduction in 2024. The broader crypto market and related equities faced selling pressure amid elevated inflation forecasts.
XRP Surpasses BNB in Market Cap as Ripple Expands Brazilian Operations
XRP has reclaimed the fourth position among cryptocurrencies by market value, trading around $1.54 after reaching a one-month high. Ripple revealed plans to expand its services in Brazil and secure a local license.
Bitcoin Holds Near $75K Amid ETF Inflows, Citi Lowers Target on Regulatory Delays
Bitcoin hovered around $74,756, approaching the $76,000 level, supported by renewed ETF inflows. Citigroup reduced its price forecast, pointing to slow progress on U.S. crypto regulation.
MARA Shares Dip on Insider Sale Plan as Bitcoin Holds Firm
MARA Holdings shares edged lower following a regulatory filing indicating an insider-linked trust intends to sell stock. The move coincides with the company's strategic shift to allow bitcoin sales from its balance sheet.
Bitmine's $11.5B Crypto Treasury Fuels Ether Bet, Stock Gains
Bitmine Immersion Technologies disclosed a $11.5 billion crypto and cash reserve, including 4.6 million ether, with staking generating $180M in annualized revenue. Shares advanced.
XRP Surges 9% Amid Broader Crypto Rally Despite Persistent Fund Outflows
XRP climbed roughly 9% to $1.54, outpacing Bitcoin but lagging Ether, even as its investment products recorded $76 million in outflows for a second consecutive week.
Bitcoin Surges Past $74K on Strategy Purchase, ETF Inflows
Bitcoin reclaimed the $74,000 level Monday, rising over 3% as Strategy added to its holdings and spot ETFs saw robust inflows. Related equities advanced in tandem.
Bitmine's $11.5B Crypto Treasury Fuels 12% Stock Surge
Bitmine Immersion Technologies shares jumped 11.6% Monday after revealing a $11.5 billion treasury of cryptocurrency and cash. The company holds 4.6 million ether and generates $180 million in annual staking revenue.
Bitcoin Rally Fuels Gains for Mining Stocks as ETF Inflows Surge
MARA Holdings shares rose as Bitcoin approached $74,420, with spot Bitcoin ETFs seeing $763 million in net inflows last week. The mining sector broadly advanced, while investors monitored Fed policy and Middle East tensions.
Bitcoin Tests $74K Resistance Amid ETF Inflows and Geopolitical Tensions
Bitcoin retreated to $70,587 after failing to breach $74,000, despite sustained ETF inflows. Macro pressures from elevated oil and reduced Fed cut expectations weigh on sentiment.