Latest Cryptocurrencies News

Dogecoin in spotlight as cryptocurrency backer Musk makes 'SNL' appearance

By Alden Bentley and Gertrude Chavez-Dreyfuss NEW YORK, May 7 (Reuters) - With the price of dogecoin surging, investors are looking ahead to Elon Musk's guest-host spot on this weekend's "Saturday Night Live" comedy sketch TV show after the billionaire's tweets this year turned the once-obscure digital currency into a speculator's dream. The Tesla

Dollar broadly weaker after U.S. jobs data disappoint

* Nonfarm payrolls rose by 266,000 jobs vs forecast of 978,000 * Dollar broadly lower * MSCI EM currency index hits record high * Graphic: World FX rates Link By John McCrank NEW YORK, May 7 (Reuters) - The dollar fell to its lowest in more than two months on Friday after U.S. jobs data for April came in well below expectations, putting a damper on

Goldman launches cryptocurrency trading team -memo

May 7 (Reuters) - Goldman Sachs Group Inc GS.N on Friday revealed details on its cryptocurrency trading group, according to a staff memo seen by Reuters. The trading group, whose formation Reuters reported in March, has been buying and selling bitcoin futures on CME Group CME.O and non-deliverable forwards, according to the memo. The announcement i

Dollar slides to more than two-month low after big U.S. jobs miss

* Nonfarm payrolls rose by 266,000 jobs vs forecast of 978,000 * Dollar down broadly * MSCI EM currency index hits record high * Graphic: World FX rates Link By John McCrank NEW YORK, May 7 (Reuters) - The dollar fell to its lowest in more than two months on Friday after U.S. jobs data for April came in well below expectations, putting a damper on

Goldman Sachs Unveils New Cryptocurrency Trading Team In Employee Memo - CNBC

May 7 (Reuters) - * GOLDMAN SACHS UNVEILS NEW CRYPTOCURRENCY TRADING TEAM IN EMPLOYEE MEMO - CNBC Source text: Link Further company coverage:

Dollar steady before U.S. jobs data; EM currency index hits record high

* Dollar index at one-week low * Sterling up 0.2% vs dollar * MSCI EM currency index hits record high * Graphic: World FX rates Link By Elizabeth Howcroft LONDON, May 7 (Reuters) - The dollar was stuck around a one-week low on Friday, under pressure ahead of U.S. jobs data that is expected to point to a strong post-pandemic economic recovery in the

Cryptocurrency ether rises to new record high over $3,600

May 6 (Reuters) - Ether ETH=BTSP , the world's second-largest cryptocurrency after bitcoin BTC=BTSP , on Thursday extended a breakaway rally to a new record high of $3,616.10, gathering momentum as investors diverted focus from its main rival. On the Bitstamp Exchange ether was last up about 4.0% at $3,568.92. Bitcoin was down 0.3% at $57,353.03 an

Crypto currency ether rises to new record high

May 6 (Reuters) - Ether ETH=BTSP , the world's second largest crypto currency after Bitcoin BTC=BTSP , on Thursday rose to a record high of $3,591.65 on the Bitstamp Exchange. Ether was last up about 3.0% at $3,568.92. Bitcoin was down 0.7% at $57,109.40 and about 12% below its record intraday high at $64,895.22 set on April 14. Reporting by Alden

Mexican cryptocurrency trading platform Bitso raises $250 million

MEXICO CITY, May 5 (Reuters) - Mexican fintech Bitso, a cryptocurrency trading platform, has raised $250 million, venture capital fund Cometa, an investor in Bitso, said on Wednesday. The resources raised represent 9% of Bitso, giving the firm an absolute valuation of about $2.2 billion, said a Cometa representative. "Bitso becomes the first fintec

U.S. court authorizes IRS to seek identities of taxpayers who have used cryptocurrency

May 5 (Reuters) - A federal court in the United States has authorized the Internal Revenue Service (IRS) to serve a "John Doe Summons" on the crypto exchange Kraken, seeking identities of U.S. taxpayers who have used cryptocurrency, the Department of Justice said Link on Wednesday. The IRS is seeking information about taxpayers who conducted at lea

Bitcoin rises 6.8 % to $56,852.03

May 5 (Reuters) - Bitcoin rose 6.8% to $56,852.03 by 1000 GMT on Wednesday, adding $3,622.23 to its previous close. However, the world's biggest and best-known cryptocurrency is down 12.4% from the year's high of $64,895.22 on April 14. Ether ETH=BTSP , the coin linked to the ethereum blockchain network, rose 5.92% to $3,430 by 1000 GMT on Wednesda

Meme-based cryptocurrency Dogecoin soars 40% to all-time high

By Tom Wilson LONDON, May 5 (Reuters) - Meme-based virtual currency Dogecoin soared on Wednesday to an all-time high, extending its 2021 rally to become the fourth-biggest digital coin. Dogecoin, launched as a satirical critique of 2013's cryptocurrency frenzy, has climbed 41% in the last 24 hours to a record $0.68, according to CoinMarketCap. This

Gemini Announces Trading And Custody Support For Dogecoin


Bitcoin, ethereum see strong inflows in latest week -CoinShares data

By Gertrude Chavez-Dreyfuss NEW YORK, May 4 (Reuters) - Bitcoin and ethereum, the two largest cryptocurrencies in terms of market capitalization, posted strong inflows last week that saw investments in the sector hit $489 million, the largest since February, CoinShares weekly data showed on Tuesday. Bitcoin received the lion's share of investor inf

After first quarter frenzy, NFT market shows signs of stabilising

By Elizabeth Howcroft LONDON, May 4 (Reuters) - After a frenzied first quarter for non-fungible tokens (NFTs), the market for blockchain-based digital assets ranging from art and videos to songs and tweets slowed in April, platform and product data shows. An NFT artwork fetched $69.3 million at Christie's in March, in the first ever sale by a major

'Speculative excess': ethereum finds new peak in sizzling crypto market

* ETH hits new record of $3,457, ETH/BTC at nearly three-year high * New crypto coins proliferate * BTC dips 3% to $55,625 SINGAPORE, May 4 (Reuters) - Cryptocurrency ether rose to a fresh record peak on Tuesday before dropping sharply as some investors pulled profits from a white-hot market bulging with questionable new entrants. A day after blowi

Ethereum extends gains to fresh record above $3,400

SINGAPORE, May 4 (Reuters) - Cryptocurrency ether extended gains to another record peak on Tuesday, after breaking above $3,000 for the first time a day earlier as investors bet on its growing utility. Early in Asia trade it traded as high as $3,457.64 on the bitstamp exchange ETH=BTSP , for a session rise of about 17%. Traders have attributed the

Digital Dollar Project to launch five U.S. central bank digital currency pilots

By Michelle Price WASHINGTON, May 3 (Reuters) - The U.S. nonprofit Digital Dollar Project said on Monday it will launch five pilot programs over the next 12 months to test the potential uses of a U.S. central bank digital currency, the first effort of its kind in the United States. The private-sector pilots initially will be funded by Accenture Plc

Trading platform INX estimates $125 mln raised in equity, token offerings

By Gertrude Chavez-Dreyfuss NEW YORK, May 3 (Reuters) - INX Ltd, the blockchain-based global trading platform for digital securities and cryptocurrencies, said on Monday it expects to have raised $125 million in a security token and equity offering. Proceeds from the first-ever initial public offering of security tokens amounted to $85 million, rec

Ethereum breaks past $3,000 to quadruple in value in 2021

* New record peak of $3,144.81 hit in London trade * ETH has quadrupled in 2021 vs bitcoin's doubling * BTC hovers around $58k By Ritvik Carvalho and Tom Westbrook LONDON, May 3 (Reuters) - Cryptocurrency ether broke past $3,000 on Monday to set a new record high in a dazzling rally that has outshone the bigger bitcoin, with investors betting that

Trade Ideas


Market Summary

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

We are using cookies to give you the best experience on our website. Read more or change your cookie settings.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.