[CNBC, Getty Images] It’s been a brutal year for the cryptocurrency market. In the latest blow to the crypto space, Core Scientific, one of the largest publicly traded crypto mining companies in the U.S, which primarily mints bitcoin, filed for bankruptcy on Dec. 21, citing falling crypto prices and rising energy […]
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[Forbes] The embattled cryptocurrency industry and its wealthy pioneers face a moment of reckoning after the collapse of crypto exchange FTX and hedge fund Alameda Research In January 2022, Sam Bankman-Fried was riding high. His Bahamas-based FTX had just raised $400 million from prominent venture capitalists at a $32 billion […]
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[New York Post] A Bed Bath & Beyond exec was facing a $1.2 billion “pump-and-dump” stock fraud suit when he apparently leaped to his death from his swank 18th-floor apartment in Lower Manhattan last week. Gustavo Arnal, who was the chief financial officer of BBB, is among the defendants named in a […]
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[CNBC, Getty Images] KEY POINTS The share of Americans who are comfortable with their emergency savings dropped to 42% in June from 54% two years ago, a survey shows. Households with cash for unexpected expenses are less likely to dip into retirement savings, experts say. It’s uncertain whether either of […]
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[Insider Business] James Howells’ life changed when he threw out a hard drive about the size of an iPhone 6. Howells, from the city of Newport in southern Wales, had two identical laptop hard drives squirreled away in a drawer in 2013. One was blank; he says the other contained […]
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[Barron’s, Getty Images] A recent rally in cryptocurrencies lost speed on Thursday, with the price of BitcoinBTCUSD –2.97% and other cryptocurrencies sliding back as investors digested news that Tesla TSLA +5.52% had sold the lion’s share of its digital asset holdings. The price of Bitcoin fell 3% over the past 24 hours to below $23,000, having advanced […]
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[Fortune, Getty Images] Bitcoin has traded higher on seven of the past eight days. A rally in crypto markets over the past couple weeks has suddenly built into something substantial, with Bitcoin (BTC) climbing to its highest price in a month, now approaching $24,000. The cryptocurrency has traded higher on […]
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[Benzinga, Pixabay] Cryptocurrency-related stocks, including Coinbase Global Inc COIN+8.95%, Marathon Digital Holdings Inc MARA+17.6% and Riot Blockchain Inc RIOT+11.3%+, are trading lower Tuesday amid strength in cryptocurrencies, led by Bitcoin and Ethereum. The crypto market has been trending lower amid a selloff in broader risk assets, but crypto bounced off the lows last week and has since staged a recovery. Bitcoin has traded higher by nearly 15% over […]
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[CNN] Heat alerts cover more than 20 states today and Wednesday across the Southern Plains and parts of the Northeast, and temperatures will soar above the century mark for 60 million people over the next week. All while a similar heat wave is bringing all-time record temperatures to Western Europe. “Dangerous […]
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[Benzinga] ZINGER KEY POINTS Ethereum Classic negated its downtrend during Saturday’s 24-hour trading session by printing a higher high. Eventually the crypto will fall lower to consolidate, which may provide a solid entry for bullish traders. Ethereum Classic ETC/USD was skyrocketing over 18% during Sunday’s 24-hour trading session, in continuation after […]
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