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Bitcoin/USD Coin Metrics

Bitcoin investors see sideways trading in June as focus turns to Washington

by Ron Morgan
Bitcoin investors see sideways trading in June as focus turns to Washington

Markets are nearing the official start of summer, but bitcoin may languish in June. The flagship cryptocurrency jumped 13% in May, according to Coin Metrics, its eighth monthly gain in …

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Semler Scientific surges on new bitcoin treasury strategy

by Edgar Davis
Semler Scientific surges on new bitcoin treasury strategy

Semler Scientific, a little-known medical technology company, saw its shares surge Tuesday after it said it has adopted bitcoin as its primary treasury reserve asset, taking a page out of …

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Ether slips after SEC opens the door to ether ETFs, but still posts best week in more than a year 107419501

by Edgar Davis
Ether slips after SEC opens the door to ether ETFs, but still posts best week in more than a year 107419501

Ether slipped on Friday even after the Securities and Exchange Commission approved a rule change that will pave the way for exchange-traded funds that buy and hold the cryptocurrency. The …

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SEC approves rule change to allow creation of ether ETFs

by Walter Watson
SEC approves rule change to allow creation of ether ETFs

A representation of cryptocurrency Ethereum is placed on a PC motherboard in this illustration taken on June 16, 2023. Dado Ruvic | Reuters The SEC has approved a rule change …

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Ether extends its rally following 20% surge on fresh ether ETF optimism

by Walter Watson
Ether extends its rally following 20% surge on fresh ether ETF optimism

Omar Marques | Lightrocket | Getty Images Cryptocurrencies rose Tuesday amid a late surge in optimism around the U.S. Securities and Exchange Commission’s decisions on spot ether exchange-traded funds applications, …

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Grayscale CEO Michael Sonnenshein steps down, will be replaced by Goldman exec

by Edgar Davis
Grayscale CEO Michael Sonnenshein steps down, will be replaced by Goldman exec

Grayscale Investments announced that CEO Michael Sonnenshein stepped down on Monday, ending a 10-year run as the leader of the largest crypto asset manager. He will be succeeded by Peter …

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Bitcoin having best day since March following cooler April inflation reading

by Edgar Davis
Bitcoin having best day since March following cooler April inflation reading

Nicolas Economou | Nurphoto | Getty Images Bitcoin jumped with stocks on Wednesday after the April consumer price index showed inflation eased from the previous month. The price of the …

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Why bitcoin hasn’t joined the latest meme stock craze this week

by Edgar Davis
Why bitcoin hasn’t joined the latest meme stock craze this week

R.Tsubin | Moment | Getty Images Bitcoin isn’t running alongside meme stocks as it did three years ago, although this week’s stock market action might indicate a big crypto rally …

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Ether supply is growing at its fastest level since the 2022 ‘merge’

by Walter Watson
Ether supply is growing at its fastest level since the 2022 ‘merge’

While the supply of bitcoin is slowing after the halving , the supply of ether is growing at its fastest rate since 2022, according to CryptoQuant – crushing some investor’s …

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Most customers of crypto firm will get all money back

by Edgar Davis
Most customers of crypto firm will get all money back

Sam Bankman-Fried, co-founder of FTX Cryptocurrency Derivatives Exchange, arrives at court in New York, US, on Thursday, Feb. 16, 2023. Yuki Iwamura | Bloomberg | Getty Images Almost all customers …

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