Virtual Currencies

Block Stock Wobbles After Earnings. Why Analysts Are Upbeat.

Block Stock Wobbles After Earnings. Why Analysts Are Upbeat.

Text size Former Twitter CEO Jack Dorsey leads Block. Marco Bello/AFP via Getty Images Block’s stock price has wobbled in the wake of the fintech company’s second-quarter earnings, but there remain multiple reasons to be upbeat, according to analysts. Founded and led by former Twitter (ticker: TWTR) CEO Jack Dorsey, shares in Block ( SQ …

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How one investor applied the lessons of the meme stocks frenzy to blockchain and NFTs

How one investor applied the lessons of the meme stocks frenzy to blockchain and NFTs

Almost two years ago, during the first winter of the COVID pandemic, Roman Tirone was introduced to the world of meme stocks. “I think I had a couple of friends reach out about them to me and I took a look,” the New York City-based investor told MarketWatch. “There was a strong community that was …

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Bitcoin Soars as Crypto Traders Turn Bullish. 2 Signs the Rally Has Momentum.

Bitcoin Soars, but Don’t Get Excited

Text size Crypto prices jumped alongside etch stocks after the Federal Reserve announced it would raise interest rates by 75 basis points. Dreamstime Bitcoin and other cryptocurrencies were rallying on Thursday as investors piled back into risk-sensitive assets following the Federal Reserve’s latest decision on monetary policy. But analysts don’t see this crypto rally as …

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Bitcoin Could Keep Falling. Here's a Reason to Be Optimistic.

Bitcoin Could Keep Falling. Here’s a Reason to Be Optimistic.

Text size Crypto prices have rallied off the bottom hit in a dramatic selloff in mid-June. Dusan Zidar/Dreamstime Bitcoin and other cryptocurrencies were tumbling Tuesday amid a wider selloff in risk-sensitive assets, with the picture for cryptos indicating further declines could be on the way. But investor inflows into digital-asset funds have recently jumped, signaling …

Bitcoin Could Keep Falling. Here’s a Reason to Be Optimistic. Read More »

Bitcoin Is Soaring. 3 Signs the Rally Is Real and 25% Gains Are Ahead.

Bitcoin Is Soaring. 3 Signs the Rally Is Real and 25% Gains Are Ahead.

Text size Cryptos prices are well off their recent lows but remain down this year. Ozan Kose/AFP via Getty Images Bitcoin prices were soaring on Wednesday as investors piled back into digital assets amid a return of risk sentiment in wider markets. Analysts are keenly watching for signs that this rally has momentum—and where it …

Bitcoin Is Soaring. 3 Signs the Rally Is Real and 25% Gains Are Ahead. Read More »

Crypto crash: forced selling cools down; correlation with equities back in focus

As crypto prices crash, some blockchain projects may be struggling to survive

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest in this bear market. Find me on Twitter at @FrancesYue_ to send feedback, or tell us what you think we should cover. You can also …

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‘I just wake up and cry': Voyager and Celsius bankruptcies have destroyed some crypto investors’ confidence in centralized platforms

‘I just wake up and cry’: Voyager and Celsius bankruptcies have destroyed some crypto investors’ confidence in centralized platforms

Yotsy Ruiz recently bought his first ever crypto hardware wallet — a Nano X from Ledger. He is transferring all his crypto holdings that he can still move to the small physical device which looks like a USB flash drive, and away from large centralized exchanges such as Binance and Coinbase.  The 40-year old resident …

‘I just wake up and cry’: Voyager and Celsius bankruptcies have destroyed some crypto investors’ confidence in centralized platforms Read More »

Bitcoin Soars as Crypto Traders Turn Bullish. 2 Signs the Rally Has Momentum.

Bitcoin Is Sliding. Two Events That Might Move Cryptos This Week.

Text size Digital asset prices have collapsed in 2022. Dreamstime Bitcoin and other cryptocurrencies slid back on Monday after rallying over the weekend. Digital asset investors are not immune to the fear of recession that has shaken wider markets, and the week ahead holds key catalysts that could see more volatility. The price of Bitcoin …

Bitcoin Is Sliding. Two Events That Might Move Cryptos This Week. Read More »

Bitcoin Soars as Crypto Traders Turn Bullish. 2 Signs the Rally Has Momentum.

Bitcoin Soars as Crypto Traders Turn Bullish. 2 Signs the Rally Has Momentum.

Text size Cryptos are recovering after weeks of losses. Dreamstime Bitcoin led a rally in digital assets on Friday as cryptocurrency traders seemed to turn firmly bullish after weeks of prices under pressure. The price of Bitcoin rose 5% over the past 24 hours to $21,500. The largest digital asset moved as high as $22,400 …

Bitcoin Soars as Crypto Traders Turn Bullish. 2 Signs the Rally Has Momentum. Read More »

Crypto crash: forced selling cools down; correlation with equities back in focus

Crypto crash: forced selling cools down; correlation with equities back in focus

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’ll walk you through what’s going on in the current bear market. As usual, find me on Twitter at @FrancesYue_ to send feedback, or tell us what you think we should cover. You can also reach me through email …

Crypto crash: forced selling cools down; correlation with equities back in focus Read More »