Cryptocurrency
‘There’s no reason to treat the crypto market differently from the rest of the capital markets just because it uses a different technology’: SEC chief Gary Gensler
“‘We can dispense with the idea that crypto lending isn’t subject to regulation. On the contrary, the rules have been around for decades. The platforms aren’t following them.’” — Gary Gensler, Securities and Exchange Commission What do car manufacturers have to do with crypto lending platforms? Cons
Bitcoin Keeps Falling. This Week Could Bring a Bounce.
Bitcoin prices tumbled last Friday and remained weak over the weekend. Ozan Kose/AFP via Getty Images Bitcoin and other cryptocurrencies were weaker on Monday, in line with the stock market, extending recent declines ahead of what could be a turbulent week of trading. The price of Bitcoin shed less
Your funds held at crypto platforms aren’t protected by government insurance. FDIC warns FTX’s U.S. arm to halt ‘false and misleading’ claims.
The Federal Deposit Insurance Corporation, which protects depositors against the failure of member banks, on Friday issued cease-and-desist order to five companies including digital-asset exchange FTX U.S., for allegedly making false representations that certain products or stocks are FDIC-insured.
Bitcoin and Stocks Are Falling Together Again. What’s to Blame.
How strong is the link between stocks and Bitcoin? AFP via Getty Images Bitcoin sank Friday and stocks did too. The world’s largest crypto posted losses for the week, as did equities. Could it be the two are inextricably linked? Bitcoin fell below $22,000 on Friday. Its steep drop came just days aft
Bitcoin Sinks Below $22,000. Crypto Stocks Coinbase and Marathon Digital Tumble.
Bitcoin fell below $22,000 on Friday. Dreamstime Bitcoin sank to below $22,000 on Friday, following global stocks lower amid uncertainty over how aggressive the Federal Reserve would be in its effort to cool inflation with interest-rate hikes. Bitcoin, the world’s largest cryptocurrency, has decline
Uniswap leads way as largest cryptocurrencies decrease
All of the largest cryptocurrencies were down during morning trading on Monday, with Uniswap UNIUSD, +2.39% seeing the biggest move, shedding 6.60% to $6.77. Dogecoin DOGEUSD, +0.44% shed 4.16% to 7 cents, and Cardano ADAUSD, -0.27% fell 3.72% to 45 cents. Polkadot DOTUSD, +1.29% dropped 3.72% to $7
Ripple leads way as most big cryptocurrencies post declines
Most of the largest cryptocurrencies were down during morning trading on Thursday, with Ripple XRPUSD, -1.55% seeing the biggest move, dropping 1.94% to 38 cents. Six additional currencies posted decreases Thursday. Dogecoin DOGEUSD, -0.64% dropped 1.61% to 8 cents, and Cardano ADAUSD, -1.14% fell 1
Crypto bulls’ comeback? Here are factors driving up institutional interest
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest in the digital asset market. Find me on Twitter at FrancesYue_ to send feedback, or tell us what you t
Largest cryptocurrencies fall as Cardano plunges
All of the largest cryptocurrencies were down during morning trading on Friday, with Cardano ADAUSD, -1.14% seeing the biggest move, tumbling 12.46% to 46 cents. Polkadot DOTUSD, -1.80% plunged 11.52% to $7.47, and Uniswap UNIUSD, -1.95% plunged 11.14% to $7.05. Dogecoin DOGEUSD, -0.64% plunged 11.1
Bitcoin slumps 7% in what could be worst fall in more than two months
Bitcoin prices fell sharply on Friday, with the cryptocurrency retreating 7% to $21,762. Bitcoin futures BTC.1, -9.24% are on track for the biggest decline since June 13. The decline came as other risky assets, including the tech-focused Nasdaq 100 NQ00, -2.02%, also retreated, though the crypto fal
Robinhood Stock Is Struggling. Blame Crypto Struggles.
The online brokerage Robinhood went public on July 29, 2021. Spencer Platt/Getty Images Robinhood Markets is having a not-so-great month. The trading platform’s latest operating data showed weaker trading activity in July largely due to lower volumes of cryptocurrency trades. The data help explain t
This is why bitcoin won’t ‘diversify’ your 401(k)
Aha! Now we know why bitcoin has collapsed this year. It was because the genius, farseeing crypto market already knew, months and months ago, that President Joe Biden would end up signing the $740 billion “Inflation Reduction Act” on Aug. 16…and that this law would be so powerful it would cause infl
20 bank stocks expected to benefit the most from rising interest rates as the Federal Reserve fights inflation
When companies report financial results, analysts tend to make comparisons to the year-earlier quarter. But there are times when sequential improvements can be telling. This is one of those times for small and mid-sized banks. Below is a screen that shows which U.S. banks are expected to show the gr
Dogecoin, Shiba Inu outperform bitcoin and ether. Is it a good time to bet on meme coins?
As cryptocurrencies bounced back from the June lows this year, meme coins have outperformed bitcoin and ether for the past few days, prompting some investors to ask if the risk-on plays are back in favor. Dogecoin DOGEUSD, -5.36% jumped 16.3% and another dog-themed token Shiba Inu SHIBUSD, -8.16 adv
Pull-up Update
