Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Nearly all of Bitcoin addresses now being in profit has taken on new meaning as the cryptocurrency smashed through to a new all-time high of $117,500 last week. The milestone represents one of the most profitable periods in…
Crypto briefly soared while the broader markets stagnated Friday after Congress passed a landmark bill for digital assets. The total market capitalization for all cryptocurrencies pushed past $4 trillion for the first time in history before dipping later in the day. But traditional stock indices barely budged. The S&P 500 closed the day essentially flat…
The total market value of crypto assets surged past the $4 trillion mark for the first time ever on the back of landmark legislation to regulate the industry – marking a milestone that reflects its shift from a nascent asset class to a central part of the global investment landscape. The surge came as President…
The worldwide financial system needs to rewrite its rules for a future of tokens, as the rise of stablecoins poses new challenges to the global infrastructure for instant payment, clearing and settlement, according to the gatekeeper of the world’s central banks. Stablecoins, which are digital tokens backed by fiat currencies or other reserve assets, could…
Eric Trump, the second-born son of US President Donald Trump, will attend next month’s Bitcoin Asia 2025 conference in Hong Kong as a headline speaker, as the city strives to position itself as a leading hub for digital assets, competing with the US. Trump would discuss bitcoin’s “long-term potential” and its impact on global finance,…
CMB International Securities (CMBI), the brokerage arm of China Merchants Bank, said it received a virtual asset licence from Hong Kong’s Securities and Futures Commission, making it the first mainland broker to conduct cryptocurrency trading services and other activities in the city. The licence, issued on Monday, allowed CMBI to engage in a variety of…
Bitcoin’s (BTC-USD) price headed to fresh heights against the US dollar on Monday as the US looks ahead to a potentially big week of legislative change for the crypto industry with key votes on the agenda. Bitcoin was changing hands above the $122,000 mark on Monday morning, up 3.3%, having hit all-time highs earlier. Year-on-year…
A few days after Donald Trump signed the One Big Beautiful Bill that ended most subsidies for renewable energy, among many other things, the leading artificial intelligence (AI) company, Nvidia Corporation, became the first to pass $US4 trillion ($6.08 trillion) in value. And a few days after that, on Thursday, Bitcoin hit a new record…
Bitcoin (BTC-USD) vaulted to a fresh all-time high Friday, breaking above $118,000 amid a wave of bullish momentum across risk assets. The token’s price action coincides with AI giant Nvidia’s (NVDA) surge to a $4 trillion valuation, highlighting crypto’s tie with tech. The tech-heavy Nasdaq Composite (^IXIC) hit a fresh record on Wednesday, and the…
Bitcoin has reached an all-time high, surpassing $118,000 as a flood of money moves into spot bitcoin ETFs, which have opened up cryptocurrency investing to millions Bitcoin has reached an all-time high, surpassing $118,000 as a flood of money moves into spot bitcoin ETFs, which have opened up cryptocurrency investing to millions. A soft U.S….