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JPMorgan weighs crypto trading for institutions amid growing demand
The largest U.S. bank is exploring spot and derivatives services for hedge funds and pensions as regulatory clarity improves, a person familiar with the matter told Bloomberg.
U.S. inflation data surprises, with CPI higher by just 2.7% in November
Bitcoin rose above $88,000 on the pleasing news as forecasts had been for inflation to continue to run above 3%.
Bitcoin tumbles back below $88,000 as gains evaporate as quickly as they formed
It was a blink and you missed it rally as continued deflation in the AI trade sent the Nasdaq sharply lower, dragging crypto along with it.
Bitcoin re-takes $90,000 as price spikes early in U.S. session
Surging metals prices and dovish comments from leading Fed chair contender Chris Waller were among the news items possibly boosting crypto prices.
U.S. added 64,000 jobs in November, with unemployment rate jumping to four-year high of 4.6%
Combined with softer than expected October data, this morning's numbers point to at least a modestly weaker jobs market as the economy heads into the end of the year.
Bitcoin slides to $86,000 as slower rate cut risk, AI stock woes shake markets
Crypto-related stocks suffered far deeper declines as bitcoin slumped well below its recent trading range.
Bitcoin plunges below $86,000 as crypto weakness worsens
The curse of the U.S. trading session — in which bitcoin tends to fall as American stocks trade — has hit yet again.
Terraform's Do Kwon Sentenced to 15 Years in Prison for Fraud
The Terraform Labs co-founder pleaded guilty to conspiracy and wire fraud in August.
Bitcoin Rebounds to $93K From Post-Fed Lows, but Altcoins Remain Under Pressure
Downward pressure on bitcoin is losing steam, with the market stabilizing but not yet out of the woods, said one analyst.
Bitcoin Stumbles Back Below $90K as Dollar Sinks to 7-Week Low After Fed Rate Cut
The U.S. dollar, along with precious metals and bond yields, is reacting as expected to easier financial conditions, but crypto remains in a bearish trend.
