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☆ Ether takes center stage as bitcoin heads into one of its strongest months
▼ + stars: | 2024-01-31 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +5 min

Ether is ready to take the limelight in the month ahead after bitcoin and newly-launched bitcoin ETFs dominated crypto investor attention in January. Both bitcoin and ether are on pace to finish the month higher by nearly 2%, according to Coin Metrics. As investors came to expect slow, steady flows into bitcoin through newly institutionalized ETFs in coming months, ether and altcoins have been ready for a breakout. February is a historically strong month for both bitcoin and ether. The SEC is due to give decisions on spot ETH ETF applications beginning in May.

Persons: Darius Tabatabai, Bitcoin, Jeff Dorman, Ethereum, Dorman, Jason Urban, bitcoin, they've, Polygon's, — CNBC's Michael Bloom Organizations: Metrics, ETH, Securities and Exchange Commission, SEC, BlackRock, Standard Chartered, Solana, Arca, Galaxy Locations: U.S, bitcoin, Invesco, Solana

☆ Arca's Jeff Dorman explains why major cryptocurrencies are stuck in a tight range
▼ + stars: | 2023-08-15 | by ( Talia Kaplan | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailArca's Jeff Dorman explains why major cryptocurrencies are stuck in a tight rangeJeff Dorman, CIO at crypto hedge fund Arca, weighs in on what's currently driving cryptocurrency prices.

Persons: Jeff Dorman Locations: what's

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSam Bankman-Fried faces new campaign finance charge: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Arca CIO Jeff Dorman weighs in on what's currently driving crypto prices.

Persons: Sam Bankman, explainers, Jeff Dorman Organizations: CNBC Crypto, CNBC, Arca Locations: what's

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNew report highlights FTX mismanagement, and Arkansas passes crypto mining bill: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Arca's CIO Jeff Dorman explains what's moving crypto markets and what to expect from Ethereum's Shanghai upgrade.

☆ Bitcoin, ether on track for a positive February despite mid-month drop and fading 2023 risk rally
▼ + stars: | 2023-02-28 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Bitcoin and ether are on pace for a modest February win, even after suffering a big drop earlier in the month. Bitcoin had eked out a 0.2% gain for the month by 4:15 p.m. That led to a brief sell-off in crypto assets that took bitcoin and ether down about 6% and 8.5%, respectively, in the three-day period ended Feb. 10. In the U.S., however, investors are on Fed watch, said James Lavish, managing partner at the Bitcoin Opportunity Fund. "Bitcoin has been the tip of the spear for risk assets for a long time," he said.

☆ Premarket stocks: Wall Street picks hope over reality after inflation report
▼ + stars: | 2022-11-11 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

New York CNN Business —Stocks surged on Thursday in their best day since 2020 after a key inflation indicator came in softer than expected. Investors broke out their party hats as they interpreted the report to mean that peak inflation may finally be behind us. Crypto-advocates were hoping that rising interest and inflation rates would drive investors away from the dollar and into alternative assets like gold and Bitcoin. Then, central banks started raising rates to fight inflation, and the dollar strengthened significantly, seducing investors as the ultimate safe haven. Mortgage rates have risen throughout most of 2022, spurred by the Federal Reserve’s regime of interest rate hikes.

☆ Crypto crash and gold sell-off show there’s no place for investors to hide
▼ + stars: | 2022-11-10 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +5 min

Bitcoin prices are currently hovering around $16,500, down from a level of $20,000 just a week ago. Gold, like bitcoin, then surged in the latter part of 2020 as a sort of safe haven trade. Why buy gold or digital assets when the greenback is proving to be the king of currencies? Bitcoin prices have been notoriously volatile over the past few years, but they have still done better than many major stock market indexes. One venture capitalist who focuses on bitcoin and crypto assets agreed that FTX’s problems won’t derail the entire digital assets universe.

☆ Cryptocurrencies slide as worries about FTX fester in latest crypto liquidity scare
▼ + stars: | 2022-11-08 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

Crypto assets tied to Alameda, the trading company also owned by billionaire Sam Bankman-Fried, were suffering steeper losses. FTX Token (FTT), the native token of the FTX trading platform, has fallen 23% in the past 24 hours. The token tied to Ethereum competitor Solana , of which Alameda is a big backer, has lost 12%. Binance is the largest crypto exchange in the world by trading volume and was an early backer of FTX. Those revelations refer to rumors about the solvency of FTX, the second-biggest crypto exchange in the world by trading volume.

☆ Binance offers to buy FTX's non-U.S. operations to fix 'liquidity crunch'
▼ + stars: | 2022-11-08 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +4 min

Binance, the world's largest cryptocurrency firm, has reached a deal with Sam Bankman-Fried's FTX to buy the rival crypto exchange for an undisclosed amount, rescuing the company from a liquidity crisis. The deal, according to Tweets from both Zhao and Bankman-Fried, rests on a non-binding letter of intent, pending full due diligence. A major sell-off began Monday evening amid concerns surrounding the solvency of both FTX and its sister trading firm, Alameda Research. Zhao said in his tweet that Binance has about $2.1 billion worth of FTT and BUSD, the fiat-backed stablecoin issued by Binance and Paxos, combined. The revelation also sparked concern about Alameda Research, Bankman-Fried's trading firm and sister company to FTX.

☆ FTX's token plunges 80% on liquidity concerns, wiping out over $2 billion in value
▼ + stars: | 2022-11-08 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +5 min

The selloff wiped out more than $2 billion in value in the space of 24 hours. FTT , the token native to crypto exchange FTX, lost most of its value after rival Binance, the world's largest cryptocurrency firm, announced plans to acquire the company. Like many crypto companies, FTX created its own token called FTT, which could be purchased like bitcoin though it wasn't as widely available. Zhao said Binance had about $2.1 billion worth of FTT and BUSD, its own stablecoin. According to CoinMarketCap, the value of FTT's circulating supply is about $735 million, down from $2.9 billion on Monday.

☆ Cryptocurrencies continue higher, with bitcoin looking at a test of $20,000
▼ + stars: | 2022-10-14 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +1 min

Cryptocurrencies continued to climb on Friday as investors sought to extend the previous day's rally. Bitcoin was higher by more than 1% at $19,652.00, and ether gained more than 3% to trade at $1,328.80. Crypto jumped on Thursday, following the movement of stocks after the consumer price index came out showing higher than expected inflation. "Markets aren't concerned with inflation, they are concerned with the Fed's expected response to inflation, and nothing changed yesterday: 75 basis points was baked in, it was confirmed further by the CPI data." October tends to be an up month for bitcoin, according to Bespoke Investment Group.

☆ Crypto’s bear market is unlike others before it. This time the Fed's steering the ship
▼ + stars: | 2022-09-20 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +17 min

In any other year, the bitcoin price would have skyrocketed after the BlackRock announcement, but it didn't. Bitcoin hit its all-time high on Nov. 8, less than a week after the Fed first introduced the tapering . "Bitcoin OGs want to believe that it's a risk-off asset – that's a long-term trajectory," said Burak Tamac, senior researcher at CryptoQuant. It's bitcoin that's received so much hostility about being environmentally unfriendly, but myths about the cryptocurrency's environmental impact are slowly being debunked . Beyond bitcoin, crypto remains just a little too out of reach for many.

☆ 10 top crypto tokens, plus the rising stars of equity research
▼ + stars: | 2021-05-02 | by ( Business Insider | ) www.businessinsider.com time to read: +2 min

I'm Joe Ciolli, and I'm here to guide you through what's been happening in markets. Here's what's on the docket:If you aren't yet a subscriber to Insider Investing, you can sign up here. He shares 3 themes and 10 tokens he's betting on in crypto, and also walks through an example of how to execute special situations investing in digital assets. Their bearish bets have paid off amid a steep decline in SPAC market sentiment and overall performance. Exclusive data from S3 Partners details the 10 most profitable SPAC shorts in the market right now.

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