Latest Bitcoin News

A timeline of the downfall of Sam Bankman-Fried and the colossal failure of FTX

Mar. 28, 2024 13:33 PM EDT

Sam Bankman-Fried went from cryptocurrency golden boy to the face of the industry's collapse. The founder and former CEO of the massive cryptocurrency exchange FTX was sentenced to 25 years in prison Thursday after being convicted of fraud for stealing at least $10 billion from customers and...

Bitcoin briefly hits an all-time high, less than two years after FTX scandal clobbered crypto

Mar. 05, 2024 16:59 PM EST

NEW YORK (AP) — Bitcoin has hit an all-time high less than two years after the collapse of the crypto exchange FTX severely damaged faith in digital currencies and sent prices plunging. The world's largest cryptocurrency jumped 4% this week and briefly surpassed $68,800 Tuesday,...

Bitcoin bounces back to new high less than two years after the collapse of FTX exchange crushed prices

Mar. 05, 2024 10:37 AM EST
NEW YORK (AP) — Bitcoin bounces back to new high less than two years after the collapse of FTX exchange crushed prices.

Stock market today: Asian shares are mixed after Wall Street slips lower and bitcoin bounces higher

Feb. 28, 2024 22:22 PM EST

BANGKOK (AP) — Shares were mixed in Asia on Thursday after a lackluster day on Wall Street, where selling of technology stocks pulled benchmarks lower. U.S. futures were flat and oil prices fell. Tokyo's Nikkei 225 index fell 0.7% to 38,953.49 after data showed...

Not all bitcoin ETFs are the same. Here are some questions to consider before buying any

Jan. 25, 2024 08:02 AM EST

NEW YORK (AP) — Now that bitcoin funds are trading, which is the best to own? The answer is not necessarily the one that rises the most. The job of these funds is to track the price of bitcoin, whatever that is, in what can be a more convenient thing to own for many investors. ...

New funds will make investing in bitcoin easier. Here’s what you need to know

Jan. 11, 2024 10:57 AM EST

NEW YORK (AP) — Nearly a dozen new bitcoin funds began trading in U.S. markets for the first time Thursday, providing increased access to the cryptocurrency for everyday investors. The new exchange-traded funds, or ETFs, give investors an asset that closely tracks the price of...

Bitcoin ETFs will begin trading for the first time today. Here are the tickers to watch

Jan. 11, 2024 09:09 AM EST

Ark 21Shares: ARKB Bitwise: BITB BlackRock: IBIT Fidelity: FBTC Franklin Templeton: EZBC Grayscale: GBTC Hashdex: DEFI Invesco Galaxy: BTCO Valkyrie: BRRR VanEck:...

Regulators approve new bitcoin funds in move that could spur more investment in the digital currency

Jan. 10, 2024 19:03 PM EST

NEW YORK (AP) — The Securities and Exchange Commission on Wednesday reluctantly approved the first exchange-traded funds that hold bitcoin, saying it is still deeply skeptical about cryptocurrencies and that its decision did not mean it approves or endorses bitcoin. The SEC said it...

First bitcoin exchange traded funds are cleared by US regulators, a move that may spur investing in the digital currency

Jan. 10, 2024 16:39 PM EST
NEW YORK (AP) — First bitcoin exchange traded funds are cleared by US regulators, a move that may spur investing in the digital currency.

SEC chair denies a bitcoin ETF has been approved, says account on X was hacked

Jan. 09, 2024 23:58 PM EST

NEW YORK (AP) — The Securities and Exchange Commission said Tuesday that a post sent from the agency's account on the social platform X announcing the approval of a long-awaited bitcoin exchange-traded fund was “unauthorized,” and that the agency's account was hacked. The price...