Bitcoin investors are spooked by anticipation of an imminent Mt. Gox payout to victims of a 2014 hack on the exchange that led to its collapse.
Read Also
- Israel says negotiators to hold fresh Gaza truce talks next week
- 'We've learnt to do surgery without electricity': Ukraine's power cuts worsen
- Millennium Park renamed Cowboys Park in Calgary’s west downtown
- Donald Trump attempting to claim to ‘know nothing’ about Project 2025
- A dangerous heat wave is scorching much of the U.S. Weather experts predict record-setting temps
- ‘Scared to take the TTC’: Widow speaks out after husband dies in subway station stabbing
- Shell expects to book up to $2 billion in post-tax impairments after delaying construction of a biofuels plant.
- Lithium prices are plumbing multiyear lows in a market awash with the battery material, and it is unlikely they have hit bottom yet.
- Private-equity firm Carlyle Group is in exclusive talks to acquire medical-device maker Baxter's kidney-care spinoff Vantive for more $4 billion, including debt.
- The Nasdaq and S&P 500 gained 0.9% and 0.5% Friday to close out the week at fresh highs while the Dow edged higher after the jobs report shored up hopes that the Fed will cut rates.
Latest CNBC
- Tesla shares wipe out loss for the year with 27% rally this week
- GlobalFoundries races to find semiconductor talent as demand for chips soars
- Biden campaigns ahead of pivotal ABC News interview, as his reelection bid teeters
- Young, wealthy investors turn to alternatives instead of traditional stock and bond investments
- Britain's Labour pulled off a thumping election victory with just 34% of the national vote
- Putin's Hungarian ally Orban draws EU ire over 'peace mission' to Moscow
- U.S. economy added 206,000 jobs in June, unemployment rate rises to 4.1%
- Mt. Gox begins repaying bitcoin to creditors a decade after exchange's collapse — what it means
- Outgoing UK PM Rishi Sunak quits as Conservative Party leader after crushing election defeat
- Can Israel's Iron Dome be overrun? System's capabilities in focus amid rising risk of war with Hezbollah