Bitcoin, ripple, and some other cryptocurrencies have recently been on torrid paces. Still, others have yet to reclaim previous record highs, perhaps signaling that many retail investors are sitting out in the current crypto bull market.
Crypto has again gripped investors, with the asset class going on a massive run over recent months.
Coinbase Global Inc. COIN has been riding a wave of bullish momentum, and the charts just delivered a major technical milestone: a golden cross.
Political changes, public company adoption, and the $100k price "magnet" are three reasons Bitcoin and Bitcoin proxies are poised to move higher into year-end. Stock Strategist Andrew Rocco divulges 3 crypto stocks to buy now.
The launch of the new spot Bitcoin (BTC 1.13%) exchange-traded funds (ETFs) in January has arguably been the biggest story in the crypto market this year. These ETFs have powered Bitcoin to new all-time highs, with Bitcoin now close to breaking through the $100,000 level.
Jordan Finneseth is a Crypto Market Reporter for Kitco Crypto. Coming from a background in Psychology and Human Behavior, he began to focus his attention on the cryptocurrency space in early 2017 after noticing the rapid growth of this emerging market.
Bitcoin (BTC-USD) struck above $99,000 in Friday's early hours as the cryptocurrency nears a $100,000 milestone in its post-2024 election rally. Crypto traders have become even more optimistic around Securities and Exchange Commission (SEC) Chair Gary Gensler's plans to step down in January and what that could signal for crypto regulation under a second Trump administration.
Is now the time to get into crypto? Many investors may be looking to get into the space for the first time as the regulatory outlook improves.
SCHW plans offering spot cryptocurrency trading upon the easing of the regulatory norms related to crypto, which is likely to occur under the new administration.
Devin Ryan of Citizens JMP and Sarah Kunst of Cleo Capital discuss the surge in crypto interest, with Ryan noting growth in volumes and opportunities in payments and stablecoins, while Kunst highlights increasing institutional interest and potential acquisitions in the crypto space. Both see strong growth ahead for companies like Coinbase and Robinhood.
A crypto payments platform might allow DJT to make money from the industry.
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