You Searched For "cryptocurrency crash" and got 20 results
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6 mins read
Bitcoin’s bizarre hike renewed enthusiasm last quarter! What does the future hold for investors?
In the ever-evolving landscape of finance, few phenomena have captured the imagination and attentio…
1 min read
Crypto exchange Coinbase to lay off more employees amid FTX saga
The layoffs were announced internally and the company is likely to sack around 60 employees in i…
1 min read
Billionaire investor Bill Ackman says Terra's algorithm sounds like the 'crypto version of a pyramid scheme'
Ackman tweeted his disapproval of Terra, suggesting that the crypto industry should "self-regulate"…
Cheryl Teh
1 min read
Bitcoin and Ethereum hit a record low amid the crypto winter
The crypto winter hammered cryptocurrencies on Monday as the price of a single Bitcoin fell sharply…
1 min read
Terra revives failed luna cryptocurrency after its major meltdown but it falls sharply after launch
The new token "luna" (LUNA), which serves as the main staking asset of the Terra blockchain, droppe…
Zahra Tayeb
3 mins read
Donald Trump's Truth Social has crashed 70% from its peak and experts say the meme stock may fall further
TMTG, which owns Trump's Truth Social, needs to build a real business to deliver sustained stock-pr…
Theron Mohamed
3 mins read
Black investors say crypto is still key to building wealth even as digital assets see steep sell-off in 2022
Black investors are twice as likely to say crypto is their best investment option, according to a s…
Jennifer Sor
Eetika Kapoor
1 min read
Failed crypto lender Celsius says it's filing for bankruptcy
"This is the right decision for our community and company," Celsius's chief executive and co-founde…
George Glover
1 min read
Billionaire crypto bull Mike Novogratz says the market is 90% through its deleveraging cycle but prices will be choppy until there's a narrative shift
"The problem is for you to go much higher, you need the narrative to go much higher and you need ne…
Jennifer Sor
3 mins read
Crypto lender Vauld has frozen withdrawals, and hedge fund Three Arrows Capital has filed for bankruptcy. Here are the crypto firms hit by the sell-off.
The crash in crypto prices is spurring a liquidity crisis among lenders and exchanges. Here are the…
George Glover
3 mins read
India’s crypto players bullish on hiring; say crash is just a phase
The global crypto marketcap plunged from $1.7 trillion from the start of May to $929 billion, as of…
1 min read
El Salvador's lost $56 million on its bitcoin bet after massive rout – but its crypto-bull president hints he may buy the dip
Since September, El Salvador has bought 2,301 bitcoins for an average of $45,908 per token and at a…
Phil Rosen
1 min read
MicroStrategy's Michael Saylor touts bitcoin as the answer to DeFi, and says other tokens can't protect investors even as the cryptocurrency crashes
Michael Saylor says bitcoin will play an integral role for decentralized finance even as the crypto…
Phil Rosen
7 mins read
Some crypto investors say TerraUSD and Luna's $60 billion crash pushed them to the brink and led to thoughts of self-harm
"Considering all the hardships, including ... the war that is now going on, the situation with Terr…
Weilun Soon
2 mins read
Tether investors have redeemed $10 billion worth of the token since the crypto rout rattled faith in stablecoins
Tether investors pulled $10 billion worth of the stablecoin in exchange for US dollars after the to…
Zahra Tayeb
2 mins read
Bitcoin's bull run may be over and the next move could see it drop nearly 50%, says a market vet who predicted the token's 2018 crash
"It has happened. It is real. You may not want to believe it, but I place a 25% chance that Bitcoin…
Yuheng Zhan
3 mins read
Crypto crashed this week as 2 stablecoins broke the buck. Here's what that means, and where the market goes next.
Bitcoin showed signs of stabilizing above $30,000 on Friday, but experts say this week's crash felt…
Carla Mozée
2 mins read
As Terra's stablecoin collapses and luna hits zero, the crypto project simply switches off its network
Terraform Labs has completely halted the network after luna plunged more than 99%, having earlier f…
Harry Robertson
2 mins read
Bitcoin crash erases $36 million in value from El Salvador government's massive crypto investment as national debt grows
El Salvador became the first country to make bitcoin legal tender in September despite multiple war…