More stories

  • Tesla continues to lose money on its bitcoin holdings

    Tesla continues to lose money on its bitcoin holdings

    Text size Tesla CEO Elon Musk has been a strong supporter of cryptocurrencies. Frederick J. Brown/AFP via Getty Images Tesla continued to hold on to its digital assets in the midst of a brutal bear market, with the electric vehicle maker recording write-offs of its bitcoin holdings after a turbulent fourth quarter. Elon Musk’s company […] More

  • The Bitcoin rally is based on low trading volume.  This increases the risks.

    The Bitcoin rally is based on low trading volume. This increases the risks.

    Text size Bitcoin trading volume in January is about 31% lower than in the same period last year. Time to dream bitcoin soared by 37% since the beginning of the year, fully offsetting its losses after the closure of the FTX cryptocurrency trading platform. But there are good reasons why investors shouldn’t chase a rally. […] More

  • Bitcoin is falling again after a big crypto rally.  It can get ugly.

    Bitcoin falls after a big rally. It can get ugly.

    Text size Bitcoin prices look vulnerable to losses after the momentum from the recent rally faltered. Time to dream bitcoin and other cryptocurrencies fell on Thursday, falling along with the stock market as investors worry about the prospect of a recession. The big digital asset rally last week, which had little fundamental support, will now […] More

  • Bitcoin is falling again after a big crypto rally.  It can get ugly.

    Bitcoin is falling again after a big crypto rally. It can get ugly.

    Text size Bitcoin prices look vulnerable to losses after the momentum from the recent rally faltered. Time to dream bitcoin and other cryptocurrencies fell on Thursday, falling along with the stock market as investors worry about the prospect of a recession. The big digital asset rally last week, which had little fundamental support, will now […] More

  • Coinbase shares are rising.  This could be a haven in the wild crypto market.

    Coinbase shares are rising. This could be a haven in the wild crypto market.

    Text size BTIG analyst Mark Palmer reiterated his “buy” recommendation for Coinbase shares. Time to dream Coinbase Global stocks continued their winning streak on Tuesday, rising along with the price of bitcoin and amid strong support from analysts. Coinbase (Ticker: COIN) 2023 is already off to a rocky start. The company said last week that […] More