The price of digital currency bitcoin surged Tuesday, briefly topping $5,000 and hitting its highest level since November. The cryptocurency traded at...
The price of digital currency bitcoin BTCUSD, +15.94% surged Tuesday, briefly topping $5,000 and hitting its highest level since November. The cryptocurency traded at $4,796.73 in recent action, a gain of 648.82, or 15.6%, from its level at 5 p.m. Eastern Monday on the Kraken exchange. Analysts struggled to identify a trigger for the rally.
Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Software tycoon Mike Lynch shoots back at 'floundering' HP during its $5 billion fraud trialMike Lynch's lawyers painted HP as a company in the doldrums before its Autonomy acquisition.
Read more »
US Air Force says it needs nearly $5 billion for hurricane and flood damageThe US Air Force said Wednesday that it needs nearly $5 billion in additional funding to help rebuild two bases damaged by hurricanes and floods.
Read more »
Publicis’ $5 bln deal would push data fad to limitThe French group may buy Alliance Data’s digital-marketing unit. The mooted price tag is manageable given Publicis’ pristine balance sheet. But the low returns on offer suggest that CEO Arthur Sadoun is worried about keeping up with data-rich ad rivals and tech giants.
Read more »
The Outlandish Story Of Ollie’s: A $5 Billion Retail Empire That Sells Nothing Online (But Is Beating Amazon)36 years ago, Mark Butler skipped college to start Ollie's Bargain Outlets with 3 much-older cofounders. Butler, now the only living founder, has lost none of his enthusiasm for managing the smallest details of his business
Read more »
Darktrace, the security startup worth $1.65 billion, posts massive growth as its executives get dragged into a $5 billion fraud trialDarktrace has distanced itself from Mike Lynch, currently being sued for alleged fraud, but its executives will act as his witnesses during the trial.
Read more »
The Outlandish Story Of Ollie’s: A $5 Billion Retail Empire That Sells Nothing Online (But Is Beating Amazon)Ollie’s is very possibly the only company in America whose brick-and-mortar stores are not just surviving but thriving.
Read more »
The Outlandish Story Of Ollie’s: A $5 Billion Retail Empire That Sells Nothing Online (But Is Beating Amazon)Ollie’s is very possibly the only company in America whose brick-and-mortar stores are not just surviving but thriving.
Read more »
The Outlandish Story Of Ollie’s: A $5 Billion Retail Empire That Sells Nothing Online (But Is Beating Amazon)Shopping at Ollie's Bargain Outlet is like a treasure hunt, says CEO, chairman, president and cofounder Mark Butler. “This is the insulating factor that I tell all the investors: It’s virtually impossible to duplicate my shopping experience online.”
Read more »
The Outlandish Story Of Ollie’s: A $5 Billion Retail Empire That Sells Nothing Online (But Is Beating Amazon)Ollie's moves more than $1 billion a year of low-priced goods from its large, no-frills stores—and while other retailers are closing brick-and-mortar locations, Ollie's is opening more by abebrown716
Read more »
Boeing Selloff Is About Social Media, Not Legal BillsInvestors have wiped $40 billion off Boeing’s market value this month, even though the 737 MAX crisis is unlikely to add more than $5 billion to its costs.
Read more »