China Crypto Crackdown Drags Bitcoin Down 5 Percent
(MENAFN) The People's Bank of China (PBoC) has reinforced its prohibition on digital asset operations within the nation, intensifying its cryptocurrency restrictions in a move that sent shockwaves ...
U.S. Stocks Close Monday Down
(MENAFN) US equities tumbled Monday as investors grappled with disappointing manufacturing figures and surging Treasury yields, shifting attention toward critical domestic economic releases ...
Crypto market sell-off clears around $1 billion leveraged positions — here's what happened
A sharp drop in prices wiped close to $1 billion of leveraged crypto positions that liquidated on 1 December amid fresh wide-ranging selloff for the market.
Cryptocurrency meltdown: Bitcoin dives below $85,000; was $126,210.50 on Oct 6
American Bitcoin, in which President Donald Trump’s sons Eric Trump and Donald Trump Jr. hold a stake, fell 7.2% and is now down more than 41 per cent since September 30.
Crypto Downturn Wipes Out Almost $1 Billion In Levered Bets
Bitcoin slid as much as 8% to $83,824 in New York, bringing its decline since early October to almost 30%. Ether dropped as much as 10% to as low as $2,719, and is down 36% over the past seven weeks.
Bitcoin falls again after weak November as bearish sentiment goes on
NEW YORK/LONDON: Bitcoin slumped on Monday, with the world's largest cryptocurrency down about 6% and on track for its biggest daily percentage fall since early November, as risk aversion drove investors out of digital and other assets. Read full story
CNBC Daily Open: Crypto on the market's 'naughty list'?
After a great start to December, markets stumbled in just the second day of the month, tripped over by the cryptocurrency market.
The hidden tax costing DeFi traders billions
Nearly $2 billion has been extracted from traders on Ethereum since 2020. Most people trading crypto have no idea it is happening.
Trump’s act of genius could spark trouble in the world’s most important market
We are getting a first-hand look at just how risky the Trump administration’s plan to bring crypto assets into the mainstream of the US financial system is.
Trump’s act of genius could spark trouble in the world’s most important market
We are getting a first-hand look at just how risky the Trump administration’s plan to bring crypto assets into the mainstream of the US financial system is.
AP Business SummaryBrief at 7:42 p.m. EST
Here's why everyone's talking about a 'K-shaped' economy
AP Business SummaryBrief at 7:42 p.m. EST
Here's why everyone's talking about a 'K-shaped' economy