John Phillips/Getty Images for TechCrunch Ethereum's price rose roughly 40% to briefly touch $2,500 per coin on Monday. The jump in price came after a brutal sell-off last week for the second-largest cryptocurrency by market cap. Despite a recent drop in prices, new research shows ether miners made a record $1.93 billion in revenue in May. Sign up here for […]

REUTERS/Fred Prouser Bitcoin is not a currency, nor is it an asset, economist Nouriel Roubini told Goldman Sachs on Friday. Roubini reiterated his view that cryptocurrencies are in a bubble because their current prices far exceed their fundamental value. "Even the Flinstones had a more sophisticated system by using shells as a single numeraire to compare the price of different […]

Photo by S3studio/Getty Images May has ben a record-setting month for ethereum miners, who have so far made $1.93 billion in revenue, research from The Block shows. The strong figures were revealed following a brutal selloff in the cryptocurrency market in the last week. Most crypto assets have regained some ground Monday, with ether is trading 30.36% higher to $2,521. […]

The impact of Biden’s policies on the US economy The Lindsey Group CEO Larry Lindsey weighs in on Biden’s spending plans and its potential strain on the U.S. economy. The Lindsey Group CEO Larry Lindsey told FOX Business’ Maria Bartiromo, the U.S. is headed towards inflation due to "bad supply policies" under the Biden administration.  LARRY LINDSEY: I would say […]

Virgin Galactic Virgin Galactic shares rose 20% in pre-market trading following a successful Saturday test flight. Social media chatter took off, with Redditors saying the company's shares would "go to the moon." Shares have largely declined this year after reaching an all-time highs in February. See more stories on Insider's business page. Virgin Galactic shares jumped 20% early on Monday […]