Market Outlook

Rising bond yields are a threat to prices of hedge assets, but bitcoin is soaring as gold falls.

Mia Khalifa, Snoop Dogg, Elon Musk and Gene Simmons are just a handful of celebrities that can't get enough of the dog-themed cryptocurrency.

The filing comes on the same day as bitcoin hit $50,000 for the first time ever.

Analysts say more spot buying is needed to bring bitcoin over the $50,000 mark.

The firm called the leading cryptocurrency "the start of a new age on the digital currency front."

The business intelligence firm said it expects to grant initial purchasers of the notes an option to buy an additional $90 million, making the total potential offering $690 million.

Bitcoin reached a new all-time high of $50,001.35 Tuesday morning, just days after breaking above $48,000.

Bitcoin had been most-crowded trade in January as prices rose to a $40,000 record.

Lack of hedging demand for long-term put options shows institutions remain unconcerned by Monday's price drop.

Last week's mining revenue eclipsed the previous record set in mid December 2017.

The sudden pullback just short of a new $50,000 high surprised many investors. Here's what probably happened.

Buyers showed up quickly to reverse the crypto market dip through Monday.