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Cryptocurrency Stocks

All articles tagged with #cryptocurrency stocks

cryptocurrency-market1 year ago•1 min saved

"Bitcoin Halving Spurs MicroStrategy Stock Surge and Coinbase Gains"

Bitcoin's price surge close to $72,000 has also boosted the stock prices of companies with exposure to the crypto industry, with MicroStrategy and Coinbase stocks up over 6%. MicroStrategy, known for aggressively adding BTC to its balance sheet, has seen its stock value more than double since January, while Coinbase, America's largest crypto exchange, has jumped by over 63% this year. Additionally, Tesla, a major public company holding Bitcoin, has also seen a 5% increase in its stock price, while Bitcoin mining companies like Hut 8 Corp and CleanSpark have experienced marginal rises.

via Decrypt|

#bitcoin #coinbase #cryptocurrency-market

cryptocurrency2 years ago•1 min saved

Bitcoin Soars to 18-Month High, Eyes $40K Amidst ApeCoin Surge

Bitcoin and Ethereum experienced a surge in value, with Bitcoin hitting an 18-month high of $38,000 per coin and Ethereum reaching an 18-month high before dipping. The rise in prices can be attributed to a surge of cash from big money investors into crypto investment products. Additionally, interest in traditional cryptocurrency stocks, such as Coinbase and MicroStrategy, also surged.

via Decrypt|

#bitcoin #crypto-markets #cryptocurrency

cryptocurrency2 years ago•2 min saved

Bitcoin Price Skyrockets to $37,000 on ETF Optimism

The price of bitcoin surged to $37,000, reaching its highest level since May 2022, as expectations of a bitcoin exchange traded fund (ETF) approval by U.S. regulators continued. The U.S. Securities and Exchange Commission (SEC) opened talks with Grayscale Investments regarding its application to convert its bitcoin trust product into a spot bitcoin ETF. A brief window for the SEC to potentially approve all 12 current spot bitcoin ETF applications opened, with a 90% chance of approval by January 10, according to Bloomberg. Additionally, about $86.8 million in bitcoin short positions were liquidated, and cryptocurrency-related stocks, such as Coinbase and Marathon Digital, saw significant gains.

via Investor's Business Daily|

#bitcoin #cryptocurrency #cryptocurrency-stocks