XRP Leads Gains in Major Cryptos, Bitcoin Holds Above $42K
Stronger-than-expected U.S. jobs data and bitcoin adoption by two major credit unions supported a price recovery, analysts said. The crypto market extended its recovery during…
Tag: Cryptocurrencies
You Can Get Crypto Right and Still Play It Wrong
An irony of investing is that you can be correct about the future and still fail to profit from it Bitcoin has taken a beating.…
Bitcoin jumps 10%, climbs past $40,000 for first time in 2 weeks
The world’s largest cryptocurrency climbed by the most in more than three months. Bitcoin gained the most in more than three months as investors show…
MicroStrategy Takes $147M Impairment Charge on Bitcoin Holdings in Q4
The software firm recently told the SEC it would revise its disclosures related to adjustments for impairments on its digital assets. MicroStrategy (MSTR) reported a…
FTX Reaches $32B Valuation With $400M Fundraise
The investment values the crypto exchange at the same level as Deutsche Boerse and more than Nasdaq or Twitter. FTX raised $400 million in a…
WisdomTree to Launch Digital Assets Consumer App
Digital Wallet to allow users to save, spend and invest in cryptocurrencies and tokenized versions of physical assets ETF specialist WisdomTree has revealed plans to…
Bitcoin Worth $670M Leaves Centralized Exchanges After Hawkish Fed Comments
Most investors prefer to have direct custody of coins when they intend to hold them for a longer term. Crypto investors seem to have stepped…
Before You Click ‘I Agree’: How Binance, Coinbase and 22 Other Crypto Exchanges Handle Your Data
A CoinDesk review of privacy policies from two dozen major crypto exchanges found the industry collects a wealth of personal information about users. Some disclose…
Market Wrap: Cryptocurrencies Tumble as Global Investors Reduce Risk
Bitcoin is down about 40% from its all-time high, compared with a 10% decline in the Nasdaq 100 Index. The crypto market was in a…
Crypto-Exposed Stocks Sink Amid Bitcoin’s Decline, Broader Market Rout
The stock declines come as the price of bitcoin has fallen almost 11% in the past 24 hours, trading below $40,000 for the first time…