Last week, bitcoin endured a double-digit loss as the largest cryptocurrency flirted with wiping out nearly all of its post-presidential election gains. Laboring around $84,500 at this writing, bitcoin would need to gain 22.37% to reclaim its all-time high, confirming it's in a bear market.
Cryptocurrencies are surging today, with Bitcoin (BTC) up 10% after President Donald Trump announced a strategic U.S. crypto reserve.
Extreme sentiment suggests a potential market bottom, President Trump announces a crypto strategic reserve, and Tesla is renewed as a "Top Pick" at Morgan Stanley.
The Securities and Exchange Commission (SEC) said Thursday (Feb. 27) that it dismissed its pending civil enforcement action against cryptocurrency exchange Coinbase.
Bitcoin (BTC) began the year on a high note, nearly reaching the $110,000 mark.
Robinhood said a regulatory probe of its cryptocurrency unit ended without incident. The Securities and Exchange Commission (SEC) last year issued a Wells notice against the financial services platform, typically seen as a warning of pending enforcement action.
Investors are cheering the latest sign of a less restrictive regulatory environment.
CNBC's MacKenzie Sigalos joins 'Closing Bell' to report on the sell-off in the crypto market and fintech stocks.
Stocks like V, HOOD and IBKR are poised to benefit from the next Bitcoin rally.
The Securities and Exchange Commission has agreed to drop its lawsuit against Coinbase, following what the crypto exchange said was a change in “political leadership” at the agency, which accused Coinbase of failing to register as a securities exchange under the Biden administration.
Coinbase says enforcers at the SEC will recommend dismissal of a two-year-old lawsuit that sought to regulate the company as a stock exchange.
The end of a court fight with the largest U.S. crypto company would be a big win for an industry that financially backed President Trump.