Bitcoin

Bitcoin drops to $35.5K as 1,000 point Dow correction marks the worst trading day since 2020

Global financial markets plunged into disarray on May 5 as the Dow Jones saw a 1,063 point drop and Bitcoin (BTC) price plummeted to $35,571

Invest

S&P 500 nears 12-month low: time to call a bottom yet?

The S&P 500 index gave back about 4.0% on Thursday, now trading just above its 12-month low. Still, a BTIG expert warns the pain might

Business

CFTC commissioner appoints crypto-experienced CME Group director as chief counsel

Kristin Johnson, one of five commissioners currently serving at the United States Commodity Futures Trading Commission, or CFTC, has announced that a CME Group executive

Cryptocurrencies

Descending channel pattern and weak futures data continue to constrain Ethereum price

Despite bouncing from a 45-day low on April 30, Ether (ETH) price is still stuck in a descending channel and the subsequent 9% gain over

Business

SkyBridge Capital’s Anthony Scaramucci expects a pro-crypto presidential candidacy

Anthony Scaramucci, the founder of the hedge fund SkyBridge Capital, thinks that the next United States presidential candidacy will likely be pro-cryptocurrency given that the

Invest

Twitter deal latest updates: ‘hard part for Musk is fixing Twitter’

Elon Musk on Thursday said he’s secured another $7.14 billion in outside funding to execute the Twitter Inc (NYSE: TWTR) deal. Shares of the microblogging

Bitcoin

Luna Foundation Guard purchases additional 37,863 BTC as part of reserve strategy

Luna Foundation Guard (LFG), a Singapore-based nonprofit tied to the Terra Luna ecosystem, has raised another $1.5 billion to further expand its already hefty Bitcoin

Invest

Buying SoFi Technologies, Inc. (SOFI) Stock dip? Here are the best places

SoFi Technologies, Inc. (SOFI) Stock has been dropping today after a splendid hike on May 4. Investors believe today’s dip is a pullback from yesterday’s

Cryptocurrencies

Avalanche rebounds 25% in five days as AVAX price tests key level — Big rally ahead?

Avalanche (AVAX) has rebounded strongly five days after testing a key inflection area as its support. Now, the AVAX/USD pair faces the possibility of continuing

Business

Sen. Warren asks Fidelity to address the risks to put Bitcoin in 401(k)s

The United States government is growing increasingly concerned about Bitcoin (BTC) in retirement savings, with two Senators flagging some issues in Fidelity Investments’ plans to