Four years ago, financial advisor Ric Edelman went out on a limb in saying everyone should hold cryptocurrencies. But how much? Low single digits was his recommendation. In his “The Truth about Crypto” book in 2021, Edelman said as low as a 1% allocation was reasonable. A lot has changed. This week, Edelman said financial…
People watch as the logo for Coinbase, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron at Times Square in New York on April 14, 2021. Shannon Stapleton | Reuters Coinbase is the top performer in the S&P 500 in June, boosted by positive regulatory updates, product launches and, of course, its…
The price of bitcoin rose again on Wednesday, reaching above $108,000 at an intraday high, as investors looked past the recent tensions in the Middle East and the stock market hovered near an all-time record. But the trading in cryptocurrencies was uneven, with ether and solana both slipping modestly in afternoon trading. Washington, D.C., figured…
MicroStrategy’s rapid rise in market value and continued bitcoin purchases have created risk, even in the portfolios of some investors aiming to ignore crypto altogether, according to JPMorgan. The company, which now calls itself simply Strategy, was the first major firm to transform itself into a bitcoin treasury company. That resulted in a surging stock…
Jeremy Allaire, CEO of Circle Internet Group, the issuer of one of the world’s biggest stablecoins, and Circle co-founder Sean Neville pose outside the New York Stock Exchange (NYSE), on the day of the company’s IPO in New York City, U.S., June 5, 2025. NYSE Shares of Circle and Coinbase rallied on Wednesday, as Wall…
Philippe Laffont, founder and chief investment officer of Coatue Management LLC. Chris Goddney | Bloomberg | Getty Images While investors may have been put off by bitcoin’s volatility in its early years, a few factors are emerging that will make the flagship crypto a key part of a portfolio, according to Coatue Management’s Philippe Laffont….
Bitcoin 2025 brought together thousands of investors, builders, and believers for a showcase of crypto’s next chapter. MacKenzie Sigalos LAS VEGAS — At the world’s largest bitcoin conference this week on the Vegas Strip, the most consequential story wasn’t about bitcoin. Stablecoins, the dollar-pegged digital tokens now driving a full-scale financial and political shift in…
Jonathan Raa | Nurphoto | Getty Images Nick Pinto is a marketing director at his family’s law firm in New Jersey. He’s also a crypto trader who spent enough money on Donald Trump’s meme coin to win a spot at a private black-tie dinner with the president scheduled for Thursday night. “I was kind of…
Romain Costaseca | Afp | Getty Images Bitcoin continued its rally on Thursday, hitting a brand new record high above $111,000. Bitcoin hit $111,886.41 in early trading hours in London, according to Coin Metrics, before paring some of those gains to trade at around $111,012.00 at 07:03 a.m. London. Bitcoin’s move has been “driven by a mix of positive…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email On today’s episode of CNBC Crypto World, Bitcoin sets a new record price. Plus, the SEC files charges against the crypto firm Unicoin and its top executives for alleged fraud. And, Eric Chen, co-founder of Injective, reacts to bitcoin’s new record and…
