Crypto crash and gold sell-off show that there is nowhere for investors to hide
New York CNN Business — The spectacular implosion of cryptocurrency exchange FTX, a so-called unicorn startup that was recently valued at $32 billion, is just the...
Tagged: Stock markets
JPMorgan says fallout from FTX collapse could halve value of crypto
It’s been a wild week for cryptocurrencies, and the plunge in the asset class may be far from over, according to JPMorgan. The uproar stems from...
Crypto crash and gold sell-off show that there is nowhere for investors to hide
New York CNN Business — The spectacular implosion of cryptocurrency exchange FTX, a so-called unicorn startup that was recently valued at $32 billion, is just the...
Bitcoin briefly dips to 3-month low as risk assets continue to get crushed
Ether has vastly outperformed bitcoin since both cryptocurrencies bottomed in June 2022. Ether’s superior gains have come as investors anticipate a major upgrade to the ethereum...
Dow closes more than 600 points lower after indecisive midterm, crypto selloff
Stocks were lower on Wednesday – after recent market gains – as the results of the midterm elections did not provide any clear answers about who...
Turning point for Bitcoin? Where crypto goes from here
It has been a trying year for the crypto business. After reaching a peak of more than $68,000 in November 2021, bitcoin has plunged to hover...
Crypto’s self-proclaimed savior just reached for a lifeline
Editor’s note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. New York...
Crypto’s self-proclaimed savior just reached for a lifeline
Editor’s note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. New York...
The crypto industry is closely watching the midterm elections. Here’s what it looks for
The midterm elections are next week, and some investors are watching the outcome closely to get an idea of ​​how the next congressional lawmakers will approach...
Crypto showed strong gains in October. Why investors are optimistic about the rest of the year
Things are looking up for crypto after bitcoin and ether finally climbed enough to post gains for October. Bitcoin rose 3.8% for the month, after falling...