Business

The New Hampshire Business Finance Authority is set to issue what appears to be the first bitcoin-backed rated bond of its kind, marking a step toward integrating crypto into traditional public finances. The bonds received a provisional Ba2 rating from Moody’s Ratings, two notches below investment grade. They will be issued through the Business Finance […]

Bitcoin BTC$67,265.60 is on pace to tie a joint record of six consecutive monthly losses, set just once between August 2018 and January 2019, according to Coinglass data. Currently at $66,600, BTC is expected to rebound just over 1% over the next 15 hours to close above the $67,300 level where it began the month.

Bitcoin’s fall in the first quarter ended an unusual trend: nearly six months of underperformance against U.S. stocks, an unprecedented streak. “This has never happened,” said Mark Connors, founder of Risk Dimensions, pointing to data showing bitcoin has consistently lagged stocks since early October. This trend has raised new questions about whether the asset behaves

Bitcoin BTC$67,636.70 rose alongside U.S. stocks after Iranian President Masoud Pezeshkian reportedly said the country would be ready to end the conflict if it received security guarantees. The crypto asset was trading at $67,762, up almost 2% in the last 24 hours. The Nasdad nearly doubled its gain on the news, now up 3.1%. WTI