Category: FINANCE

Bitcoin sold off sharply Wednesday. The slump represented an acceleration of a downtrend in the world's No. 1 crypto that had begun over the past 10 days ... ( read original story ...)

Stocks fell broadly in afternoon trading Wednesday as the market's downturn entered a third day. Meanwhile the price of Bitcoin and other cryptocurrencies dropped sharply. ( read original story ...)

Fried, the 29-year-old founder of quantitative crypto trading firm Alameda Research. A former Wall Street trader, Bankman-Fried was worth $16.7 billion at Bitcoin’s peak on May 10, but is now down to ... ( read original story ...)

"We need to accept the beatdown in speculative assets for the greater good of the entire stock market," the "Mad Money" host said. ( read original story ...)

There "still was a lot of leverage, so this correction we've seen is healthy. A pullback is normal in crypto," Meltem Demirors told CNBC Wednesday. ( read original story ...)

The world’s biggest crypto-trading platforms were hit by disruptions as digital currencies from Bitcoin to Ethereum slid in a collapse that wiped out billions of dollars in market value. ( read original story ...)

China's move to restrict crypto activity may have helped spark a broad selloff for digital assets. But the move, which appears aimed at bolstering ... ( read original story ...)

It follows falls in Bitcoin of more than 10% last week after Tesla said it would no longer accept the currency. On Wednesday afternoon, Bitcoin recovered some ground, although it was still down -10.4% ... ( read original story ...)

Stocks dropped Wednesday for a third straight day as inflation fears kept investors on edge.By the closing bell: The Dow was down 164 points. The S&P gave up 12. The Nasdaq slipped 3.Minutes from the ... ( read original story ...)

Japan's exports surged 38.0% in April from a year earlier, Ministry of Finance data showed on Thursday, pointing to solid recovery in overseas demand. The rise compared with a 30.9% increase expected ... ( read original story ...)

Bitcoin and other cryptocurrencies are plunging as anxiety spreads through the market — this time, after China took more steps to crack down on the digital coins. ( read original story ...)

Bitcoin’s been in the limelight for months but a frenzied crash and subsequent mini snap-back in its price in the course of a single day in May was remarkable even by its own volatile standards. The ... ( read original story ...)

Crypto markets are in the midst of a substantial selloff that has shaken the conviction of some new investors in the nascent sector. Here's what some ... ( read original story ...)

All of the top 10 cryptocurrencies by market cap, except the stable coin Tether, fell by double digits on Wednesday in a crypto rout. ( read original story ...)

Mike Novogratz, a major cryptocurrency investor, told CNBC on Wednesday that the breakdown in bitcoin won't be fixed quickly. ( read original story ...)

Stocks closed broadly lower on Wall Street Wednesday, extending the market’s downturn to a third day. The price of Bitcoin and other cryptocurrencies dropped sharply in a surge of selling. ( read original story ...)