Editorial Independence We want to help you make more informed decisions. Some links on this page — clearly marked — may take you to a partner website and may result in us earning a referral commission. For more information, see How We Make Money. Bitcoin and ethereum have dropped by […]
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The stock market rallied late Thursday to blot out most of its losses. Investors continued to fret about the impact of inflation and the Federal Reserve’s tighter monetary policy on the economy. The Dow Jones Industrial Average retreated 104 points, or 0.3%, while the S&P 500 declined 0.1%, and the […]
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HONG KONG/LONDON/NEW YORK, May 9 (Reuters) – Bitcoin plunged to its lowest level since July 2021 on Monday, dropping in tandem with slumping U.S. equity markets amid concerns about the Federal Reserve’s aggressive tightening path. The world’s largest cryptocurrency by market capitalization, bitcoin dropped to as low as $30,331.28, falling […]
Fidelity Investments said it will give the 23,000 companies that use the firm to administer their retirement plans the option to put bitcoin on the investment menu, becoming the first major retirement plan provider to do so. The move comes a month after the U.S. Department of Labor cautioned 401(k) […]
Bitcoin fell below the $26,000 level since December 2020. (Photo credit should read CFOTO/Future Publishing via Getty Images) CFOTO | Future Publishing via Getty Images Investors have been eager to find out what happened to the $3 billion in bitcoin bought up by crypto firm Terra to back its failed […]
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U.S. President Joe Biden and Commerce Secretary Gina Raimondo (not pictured) hold a virtual meeting with business leaders and state governors to discuss supply chain problems, particularly addressing semiconductor chips, on the White House campus in Washington, U.S., March 9, 2022. REUTERS/Jonathan Ernst Register now for FREE unlimited access to […]