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Cryptocurrencies whipped by flight from risk

Cryptocurrencies whipped by flight from risk

By Rae Wee Cryptocurrencies were caught in a broad flight from risk assets on Friday, sending bitcoin and ether to multi-month lows as worries persisted about lofty tech valuations and bets on near-term Federal Reserve policy easing faded.Bitcoin , the world's largest cryptocurrency, fell 2.1%, b…

Cipher Mining, Bitfarms and Hut 8 jump after Jane Street reveals stake

Cipher Mining, Bitfarms and Hut 8 jump after Jane Street reveals stake

** Shares of crypto mining and data center infrastructure firms Cipher Mining , Bitfarms and Hut 8 jump premarket ** CIFR shares up 6.8% and Hut 8 up 3.7%, while U.S.-listed shares of BITF jump 9.2%** Trading firm Jane Street disclosed a 5% stake each in CIFR, BITF, and HUT late on Thursday ** Jan…

Ether-linked stocks jump as crypto coin hits 6-month high

Ether-linked stocks jump as crypto coin hits 6-month high

Cryptocurrency-related stocks rose in premarket trading on Friday, with shares linked to ether leading the charge after the No. 2 crypto hit a six-month high.Shares of BitMine Immersion Technologies , which holds about $1 billion worth of ether, soared 14%. Other ether holding firms Bit Digital …