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Cryptocurrency Market

Why Ethereum Classic Is Skyrocketing Today

[Benzinga] Shares of several popular altcoins, including Ethereum Classic ETC/USD, are trading higher again Monday in sympathy with apex cryptocurrency Bitcoin BTC/USD and second-largest market cap crypto EthereumETH/USD. Bitcoin is also trading around a 1-month high Monday afternoon at around $22,000, representing a rebound of 18.3% over the past month. Crypto is likely trading in tandem […]

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As crypto prices crash, some blockchain projects may be struggling to survive

[MarketWatch, Dow Jones] Crypto in a snap Bitcoin BTCUSD, -0.15% lost 4.9% over the past seven days, trading at around $20,497 on Thursday, according to CoinDesk data. Ether ETHUSD, 0.37% declined 9% over the seven-day stretch to around $1,174. Meme token Dogecoin DOGEUSD, 0.29% retreated 12.5% while another dog-themed token, Shiba Inu SHIBUSD, 0.56%, is trading 9.6% lower from seven days ago. […]

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7 Cryptos to Sell to Escape the Crypto Contagion

[InvestorPlace, Shutterstock] The crypto contagion could make the market sicker. Sell these cryptos while you still can. Celsius (CEL-USD) — Legal troubles and Ponzi scheme accusations surround the controversial DeFi network. Solana (SOL-USD) — Technical issues and a lawsuit are bogging down the layer-1. Monero (XMR-USD) — The future of Monero looks uncertain […]

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‘I’m out millions of dollars’: Thousands of crypto investors have their life savings frozen as Voyager files for bankruptcy protection

[Fortune] Robert first came across Voyager Digital in March 2020. Like countless others, he decided to give the cryptocurrency broker a try. The platform was easy to navigate. It offered him an up to 9% annual percentage yield (APY)—much higher than a traditional savings account. It claimed to be FDIC (Federal […]

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Bitcoin drops 14%, falling below $24,000 as $200 billion wiped off crypto market over the weekend

[CNBC, Getty Images] KEY POINTS Bitcoin tumbled below $24,000 late on Monday, hitting its lowest level since December 2020, as investors dump crypto amid a broader sell-off in risk assets. Meanwhile, a crypto lending company called Celsius has paused withdrawals for its customers, sparking fears of contagion into the broader […]

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