|Day's Range||25,442.77 - 26,203.02|
|52 Week Range||15,599.05 - 31,489.68|
|Volume (24hr) All Currencies||19.33B|
Bitcoin is trading lower after the Securities and Exchange Commission sued both Binance and Coinbase. Yahoo Finance market reporter Jared Blikre breaks down the market reaction.
"Coinbase's alleged failures deprive investors of critical protections, including rulebooks that prevent fraud and manipulation," Gary Gensler said.
Bitcoin’s price fell to its lowest point in weeks on Tuesday as the US Securities and Exchange Commission announced it is suing crypto exchange Binance.
Cryptocurrency prices nosedived Monday as the U.S. Securities and Exchange Commission (SEC) sued the crypto exchange and its chief executive for multiple federal securities law violations.
Coinbase is currently under SEC investigation and could face an enforcement action tied to its listings of potential unregistered securities.
The 241 MW site will be powered by wind and solar energy.
The company plans to offer financial services that combine the potential of crypto with traditional financial services.
The exchange remains the largest cryptocurrency exchange by trading volume.
Cathedra will pay $55 per megawatt hour of power used plus 10% of gross bitcoin mined at the site.
AI bots could begin to represent us in online exchanges and have access to our private data and preferences.
Interest in AI is at an all-time high on Google searches, an Alliance Bernstein analyst notes. But it's still not as popular as Bitcoin at its height.
The May employment report will be released on Friday, one of the last big pieces of economic data before the Fed's next policy meeting.
LTC has outperformed both bitcoin and ether over the last 30 days.
"The dog days of summer started early in crypto," Galaxy Digital's Mike Novogratz said. "That doesn't make me thrilled."
Investors are also looking to the Fed's next policy meeting June 13-14, when central bankers will decide their next move.
CleanSpark has been buying up assets during the bear market to reach its 2023-end of 16 EH/s, but discounts are getting smaller.
The latest price moves in bitcoin (BTC) and crypto markets in context for June 1, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Insider's Phil Rosen breaks down how mega-cap names like Apple and Nvidia have powered the S&P 500 to a strong 2023.
Bitcoin is on track to post its first monthly loss of 2023, as the cryptocurrency hovers above $27,000. Yahoo Finance crypto reporter David Hollerith takes a look at how the cryptocurrency has traded over the last year and how other digital assets are faring so far in 2023.
Welcome to Bizarro Crypto, where actually launching a project is the worst possible plan.
Bitcoin has slipped in May, but is still up big in 2023. Market experts say the rally has taken a breather as traders assess the macro picture.
The bet made at Consensus 2018 hinged on how far Ethereum adoption would get by now. Crypto analysts say the blockchain appears to have met a key threshold, or at least got very close.
The legislation would have capped the industry's participation in demand response programs.