Tag: Cryptocurrency Markets
-
Husband-wife ‘crypto-couple’ reach plea deal in $4.5 billion bitcoin heist
[ad_1] The husband and wife “crypto couple” charged in connection with a $4.5 billion bitcoin heist in 2016 have reached a plea agreement with prosecutors, according to a court filing on Friday. The couple, Ilya Lichtenstein and Heather Morgan, are slated to appear for a plea hearing in federal district court in Washington, D.C., on…
-
Retirement savers: This is the most important investing decision you can make
[ad_1] Do an online search for the most important investment decisions, and you’ll get a lot of answers. When I did my own search, Google offered up 860 million results. I didn’t study them all, but the most common top-ranked item seemed to be asset allocation. ChatGPT came to the same conclusion. Asset allocation is…
-
A ‘wild outcome’: How the Ripple decision scrambles the battle between SEC and crypto industry
[ad_1] A federal judge dealt a significant blow Thursday to Security and Exchange Commission Chair Gary Gensler’s quest to bring the crypto industry to heel, but securities-law experts warn that the legal and political implications of the decision are difficult to predict and may not prove to be a lasting victory for investors in digital…
-
Coinbase’s spectacular stock surge after Ripple ruling sparks fierce debate
[ad_1] Coinbase Global Inc. shares roared more than 24% higher Thursday in the wake of a judge’s ruling on a case involving cryptocurrency tokens, fueling debate on Wall Street over what the decision means for Coinbase’s own regulatory headaches. See more: Ripple token not a security in retail sales, judge rules in partial win for…
-
Bitcoin finally decoupled from U.S. stocks. Here’s why it matters
[ad_1] For more than two years, bitcoin and stocks often traded in tandem with each other but maybe no longer. The correlation between bitcoin BTCUSD, -0.79% and the S&P 500 index SPX, +0.31% has fallen to close to zero, according to a Tuesday note by Dan Morehead, founder and managing partner at Pantera Capital. …
-
Bitcoin to top $100,000 by end of 2024, says Standard Chartered strategist
[ad_1] Bitcoin’s price is likely to reach $50,000 by the end of this year and has upside above $100,000 by the end of 2024, according to Geoff Kendrick, head of crypto research at Standard Chartered Bank. In a previous note in April, Kendrick said he expected bitcoin BTCUSD, -0.12% to rise to $100,000 by the…
-
Why Bored Ape cartoon monkey NFTs crashed to a 2-year low this week
[ad_1] Hi everyone, welcome back to the Distributed Ledger newsletter. This is Anushree Dave, I write about digital assets at MarketWatch. Earlier this week, news spread that a non-fungible token art piece purchased by singer Justin Bieber in January 2022 for $1.24 million, is now worth around $60,000. That piece of art was a Bored…
-
Here are the top-performing ETFs in first half of 2023 as crypto-related funds soar
[ad_1] Hello! This week’s ETF Wrap looks at top performers in the first half of 2023, as well as flows, as stocks rally and crypto-related funds jump so far this year. Please send feedback and tips to [email protected] or [email protected]. You can also follow me on Twitter at @cidzelis and find me on LinkedIn. Isabel Wang is on…
-
Crypto can become regular parts in portfolios once regulations are clear, says Franklin Templeton
[ad_1] Cryptocurrencies can become “regulator parts of people’s portfolios” once regulations become clear in the U.S., according to Franklin Templeton, which manages over $1.4 trillion in assets. While investors now can buy crypto directly, there are limited ways for them to include digital assets in traditional portfolios, said Sandy Kaul, head of digital asset and…