Cryptocurrency news

Bitcoin edged above $23,000 after Federal Reserve Chair Jerome Powell, speaking at an economics forum, said that inflation was lowering.The world’s biggest cryptocurrency climbed 1% to $23,236.80 while Ethereum rose 1.3% to $1,667.63. Bitcoin had been struggling to break back ...

Crypto markets were wobbling as the Federal Reserve's two-day policy meeting started on Tuesday. Bitcoin suffered its biggest single-day percentage fall in more than two months, sliding 4.5% to trade at around $22,600. Investors are keenly watching central bank policy decisions ...

Bitcoin, the world’s largest cryptocurrency, continued its recent climb as opportunistic investors continued to bet that the Federal Reserve will ease its pace of interest rate increases or stop them altogether.The price of the digital currency rose to $23,333.83 on ...

In a sign of increasing scrutiny of the crypto market, the US Securities and Exchange Commission (SEC) this week charged two prominent crypto firms, Genesis Global Capital and Gemini, for selling unregistered securities to investors through Gemini's Earn crypto asset ...

Major cryptocurrency exchange Kraken announced it will close its operations in Japan and deregister from the country's main financial regulator at the end of January 2023. The company is one of the world's biggest crypto exchanges, with trading volumes in ...

Nervous crypto investors withdrew as much as $3 billion from Binance on Tuesday, as reported by blockchain analytics firm Nansen.The world’s biggest cryptocurrency exchange, confronted by investor jitters amid a stream of negative headlines about the industry, said it had ...

The US Securities and Exchange Commission (SEC) is sending a letter to public companies requesting them to take a serious look at their disclosure obligations. Specifically, the SEC wants firms in the crypto ecosystem to tell their clientele how recent ...

The world’s largest cryptocurrency exchange, Binance Holdings Ltd., has seen a big boost in trading activity after rival FTX collapsed in November.Trading activity on Binance leapt by 30% last month, first picking up when FTX squared up to a liquidity ...

It is the type of development crypto insiders were hoping would not happen with crypto in so much trouble. Major cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy protection along with eight affiliates.It is the latest crypto casualty to ...

The fall of crypto exchange FTX has led some people to wonder what it would take for the whole industry to collapse. The total market cap of cryptocurrencies is currently $820 billion. That is 70% below the peak of a ...

The fall of crypto exchange FTX has led some people to wonder what it would take for the whole industry to collapse. The total market cap of cryptocurrencies is currently $820 billion. That is 70% below the peak of a ...

Bitcoin briefly slid to its lowest level in two years this week after rumors that Genesis, the prominent digital-asset brokerage and lender, could be forced to file for bankruptcy if its ongoingcapital-raising efforts failed.The price of bitcointumbled to $15,615 on ...

Investors are finding reasons to stay away from both the volatile crypto space and the normally  safe-haven investment that is gold. The price of Bitcoin is currently hovering at around $16,500, down from $20,000 just a week ago as the ...

Crypto giant Binance has signed a non-binding agreement to buy its major rival, US-based FTX.com. The latter-mentioned cryptocurrency exchange had been undergoing a dangerous liquidity crunch that placed its clients’ funds at risk.Binance, the world's largest crypto exchange, is conducting ...

Just a few months after laying off 9% of its staff members, once high-flying crypto firm Robinhood on Tuesday announced plans to cut another 23%. The latest cuts, which will affect almost 800 employees, continues the fall from grace of ...