Robinhood shares slipped 5% in intraday trading, while Coinbase was down nearly 2.5%.
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Bitcoin, Ethereum Jump as Fed Chair Signals Slowing Rate Hikes
Bitcoin and the wider crypto market jumped Wednesday after Federal Reserve Chair Jerome Powell said in a speech that December would likely bring smaller interest rate hikes. The biggest cryptocurrency by market cap was trading […]
Bitcoin's Energy Consumption Drops By A Quarter Following Crypto Crash
The Bitcoin network’s power consumption has fallen to 11 GW as of yesterday, down 27% from 15 GW in April, according to the Cambridge Bitcoin Electricity Consumption Index (CBECI). The index, which estimates the amount […]
Double-Digit Weekly Gains for Bitcoin and Ethereum Send BTC Over $22,000
Bitcoin, the largest cryptocurrency by market capitalization, has soared more than 12% over the past seven days. The leading cryptocurrency has since retaken $22,000 at press time, a figure not seen since August. Over the […]