Bitcoin lost over 60% of its value in 2022—here’s how much 6 other popular cryptocurrencies lost

[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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Emergency savings are minimal or nonexistent for many households. Lawmakers want to change that — and boost retirement savings in the process

[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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Bitcoin Slides but the Crypto Market Is Worth $1 Trillion Again. Even as Tesla Sells Out

[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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Why Are Bitcoin- And Ethereum-Related Stocks Soaring Today?

[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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Here’s Why Ethereum Classic Is Soaring On Sunday

[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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