Crypto Market

The Latest

  • Crypto Market Faces Headwinds as Rising Bond Yields Bolster US Dollar
    BITCOIN RISES
    On Monday, major cryptocurrencies experienced moderate losses as the US dollar index climbed alongside Treasury yields, indicating the market's increasing acceptance of the Federal Reserve's ongoing liquidity tightening cycle. CoinDesk's Bitcoin (BTC) price index dipped below $30,000, reflecting a 1.7% decline over the past 24 hours.
  • Judge Rules Identities Of Sam Bankman-Fried's Guarantors Be Made Public
    FTX
    Former FTX CEO Sam Bankman-Fried was released from custody in December after two unknown people signed on as sureties for the $250 million bond along with his parents
  • Coinbase Stock Price Drops To Lowest Level Ever As Crypto Market Dips
    LOSSES
    Coinbase's stock price dropped by more than 25% following the news, extending its year-to-date decline to 75%.
  • Bitcoin Dips Below $30,000 As Crypto Downward Trend Continues
    BANKRUPT
    Bitcoin was trading as low as $29,996 per coin Monday evening before recovering slightly to $30,442 per coin.
  • Diem Shutting Down, Meta-Backed Crypto Selling Assets To Silvergate
    Diem
    Meta-Backed cryptocurrency, Diem, said regulatory hurdles were the main reason for its decision to close down shop.
  • Bitcoin Drops To Nearly 50% Of This Year's High
    LEGAL ACTION
    Bitcoin and other cryptocurrencies extended their losses Monday after a rough past few days.