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Opening Bell: Fresh crypto crash
The crypto market is in free fall. This and more, in today's Opening Bell newsletter.
Phil Rosen
Bitcoin falls to its lowest price in weeks as crypto markets tumble amid Silvergate troubles
Bitcoin saw its largest one-hour drop since the blowup of FTX in November, as the crypto industry's…
Morgan Chittum
Bitcoin and other cryptos slump as the Fed gets ready to raise interest rates again
Dogecoin bucked the wider downward trend. The meme token surged 10% on Tuesday amid reports of Elon…
Morgan Chittum
Dow jumps 526 points as earnings beat from Nike and upbeat sentiment data show resilience of the consumer
The stock market is approaching its favorable year-end "Santa Claus rally" trading window, which st…
Matthew Fox
Crypto markets face a long road back after bitcoin plunges below $20,000 as an 'every man for himself' attitude spreads, UBS strategist says
Bitcoin plunged as low $17,600 over the weekend as the mood in cryptocurrency markets continued to …
Harry Robertson
Institutional and retail investors believe that crypto will become mainstream within a decade, according to a new report
Investors are betting on emerging markets being drawn to blockchain technology with the promise of …
Who is Satoshi Nakamoto? Crypto fans just celebrated the bitcoin inventor's birthday and his legend is as mysterious as ever.
Theories swirled this week that Apple visionary Steve Jobs was the legendary Satoshi Nakamoto after…
Phil Rosen
Circle CEO says Terra's implosion has given lawmakers the impetus to speed up crypto regulation
Circle CEO Jeremy Allaire said the collapse of Terra has accelerated the need for the federal gover…
Zahra Tayeb
Bitcoin hits a 6-month high as the total crypto market regains $85 billion in value
Crypto investors aren't in the clear yet, as macro conditions remain uncertain and risk appetite hi…
Morgan Chittum
Bitcoin surges 9% toward key level of $30,000 as crypto market rallies amid fresh banking sector fears
"[Investors are] signaling risk-on sentiment, as they anticipate a potential softer Fed policy and …
Morgan Chittum
INTERVIEW: Old-school regulatory framework for traditional assets won’t work for cryptocurrencies and blockchain, says CrossTower CEO
CrossTower estimates that the crypto industry can add $1.1 trillion to India’s economy over the nex…
2 more alarms just went off for crypto, signaling a dire year ahead
The rock-bottom mood of the crypto space was apparent on Thursday after shares of Silvergate Capita…
Matthew Fox
A Belarus-linked crypto exchange says it's stopped trading for Russian clients over the war in Ukraine
Currency.com, a crypto platform founded in Belarus, stopped services for clients based in Russia fo…
Adam Morgan McCarthy
Silvergate and other crypto-linked stocks climb as bitcoin notches its highest price in 5 months
Silvergate stock surged more than 12% on Monday after bitcoin hit $23,000 over the weekend.
Morgan Chittum
Bitcoin has rallied 22% in a week, pushing the crypto to levels not seen since fall of FTX
Bitcoin erased its post-FTX losses, surging past $21,000 on Tuesday. Crypto's total market cap topp…
Morgan Chittum
Warren Buffett disciple Joel Greenblatt doesn't own bitcoin because he believes there's no intelligent way to value it — and has no FOMO about that
"It's alien to me as an investment, because I can't value it. It has no inherent value. It has no e…
Shalini Nagarajan
More than half of US bitcoin holders first jumped into the crypto this year, Grayscale study finds
Most US investors who began their bitcoin journey this year are still "hodling," or hanging onto th…
Shalini Nagarajan
Privacy coins, centralised cryptocurrencies, or being currencies — India is yet to explain what it means by ‘private’ cryptocurrency
Despite all the fear, doubt and uncertainty (FUD) in the air, the Indian government hasn’t actually…
US stocks trade mixed as GDP lifts sentiment while investors brace for next wave of mega-cap earnings
The Nasdaq was again weighed down by disappointing tech earnings, this time from Meta's quarterly m…
Jennifer Sor
Elon Musk dumped 75% of Tesla's bitcoin last quarter, and wants out of his deal to buy Twitter. Plunging asset prices and recession fears may explain why
Musk may be having second thoughts as Tesla, Twitter, and bitcoin have plunged in value this year, …