Crypto News

The market is embracing risk with the hope the Federal Reserve will intervene to provide support if the economy needs it.

The retail brokerage giant is getting more exposure to crypto trading and institutional investors.

The largest cryptocurrency broke past $70,000 this week amid high inflows into spot ETFs holding the token.

The largest crypto was rising after exchange-traded funds had their biggest inflows since March.

Bitcoin briefly passed $70,000 as fresh data pointed to a slowing U.S. economy and pushed down yields on Treasury bonds.

All eyes will be on the Bureau of Labor Statistics' publication of April employment data on Friday.

Franklin Resources said for the first six months its Franklin Ethereum ETF would waive fees on the first $10 billion in assets.

The largest crypto has lost the limelight to Ether in May but that could be short-lived.

Bitcoin and Ether are falling as risk assets such as cryptocurrencies struggle amid high bond yields.

Donations from the crypto companies seem to be winning the industry friends in Washington and producing more favorable legislation.

The sector is sensitive to borrowing costs because higher rates give fewer incentives for investors to buy riskier assets.

Bitcoin prices slip after a number of wallets linked to Mt. Gox moved billions worth of Bitcoin into a single wallet Tuesday.

Potential spot Ether exchange-traded fund issuers could still go back and forth with the agency for weeks or months before receiving final permission to launch their products. 

Ether is the second-largest digital asset, and ETFs could make the cryptocurrency easier to own for financial advisors and institutional investors.

Ether has outpaced Bitcoin amid mounting expectations that the Securities and Exchange Commission will approve an application for a spot exchange-traded fund tied to the second-largest crypto.

So far there is insufficient support for the bill in the Senate.

Nvidia earnings, gasoline prices, the Fed’s survey of household finances, and other news to start your day.

Ether has surged and brought much of the crypto market with it this week, amid rising expectation that the U.S. Securities and Exchange Commission will approve an application for a spot Ether exchange-traded fund.

The campaign said it was “the first time a major party presidential nominee has embraced cryptocurrency for donations.”