Caroline Mauron News Today

Bankman-Fried (pictured) was found guilty on seven counts of fraud and money laundering after he conned some £8bn from users of his crypto exchange FTX.

Bankman-Fried (pictured) was found guilty on seven counts of fraud and money laundering after he conned some £8bn from users of his crypto exchange FTX.

Technical analysis comparing the largest digital assets rally to $52,000 with past surges spits out projections of more gains in coming weeks.

(Bloomberg) -- A year ago the crypto market was on its knees and the notion that Bitcoin might retest a record high of nearly $69,000 was almost risible. Fast forward 12 months and some studies now point to just that possibility.Most Read from BloombergLargest Covid Vaccine Study Yet Finds Links to Health ConditionsTrump Keeps NY Empire Intact as Judge Rescinds Asset-Sale OrderWall Street’s Moelis Bet Big on the Middle East. Now He’s Cashing InRecord US Stock Rally Is Under Threat ...

Bitcoin’s price has tripled since the start of 2023 amid optimism over dedicated US exchange-traded funds as well as a looming reduction in the token’s supply growth known as the halving.

Bitcoins 21% year-to-date gain pushed its market capitalization above $1 trillion for the first time since December 2021, data from CoinGecko show. Ether rose 4.1% in London on Wednesday, and altcoins like Avalanche, Polkadot and Polygon also climbed.

Sector-specific factors have been supporting Bitcoin, including the debut of US exchange-traded funds dedicated to the token

Bitcoins rally continues, reaching $46,166, with smaller tokens also seeing gains. The launch of US spot Bitcoin exchange-traded funds and the conversion of the Grayscale Bitcoin Trust into an ETF has attracted $8 billion in net inflows.

(Bloomberg) -- Bitcoin advanced past $46,000 to a one-month high, supported by signs of steady inflows into a batch of US funds for the token as well as growing attention on the so-called halving due in April.Most Read from BloombergA 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on ChinaUkraine’s Army Chief Replaced After Rift With ZelenskiyBiden Assails Special Counsel for Questioning Mental AcuityNew York City Is Considering a Laundry Pods CrackdownEinhorn Says Markets ‘Fund...

Bitcoin rose about 2% to $46 166 as of 11:06 a.m. in Singapore on Friday, taking its 2024 rally to roughly 9%.