Virtually all top tokens, including bitcoin and ether, have lost more than half of their value since January. Coinbase, the largest and only public crypto exchange in the U.S., has seen its shares ... ( read original story ...)
The crypto collapse shows the Fed’s job is ‘almost complete’ against inflation, Jim Cramer says
"There is one front in the war on inflation that's been an outstanding total victory for the Fed," the "Mad Money" host said. ( read original story ...)
Japan’s Nikkei tracks Wall Street lower on worries over U.S. economy
TOKYO, July 1 (Reuters) - Japan's Nikkei index erased early gains to trade lower on Friday tracking overnight Wall Street losses, as investors were worried about an economic slowdown in the United ... ( read original story ...)
Bill Gates Lambastes Crypto and NFTs, Says They’re Based on ‘Greater Fool Theory’
The tech billionaire reiterated his support for traditional investing over the crypto craze, saying that he was “not long or short” on virtual assets, which have plummeted dramatically in price amid a ... ( read original story ...)
EU agrees on landmark regulation to clean up crypto ‘Wild West’
The new law, known as Markets in Crypto-Assets (MiCA), is the first attempt at creating a comprehensive regulatory framework for digital assets in the EU. ( read original story ...)
Crypto wants its own iPhone
Apple’s relative hostility to the desires of crypto developers hasn’t gone unnoticed and as the industry buckles down for a bear market, some of its proponents are pushing forward plans to rebuild the ... ( read original story ...)
EU agrees rules to tame ‘Wild West’ crypto market
The European Union has agreed on ground-breaking rules for regulating crypto assets, EU lawmakers said on Thursday, as the rout in bitcoin piles pressure on authorities to rein in the sector. ( read original story ...)
RadioShack would like to clarify that its Twitter wasn’t hacked. They just sell crypto now.
A series of tweets filled with vulgarities and expletives from the RadioShack account drew widespread confusion on social media. ( read original story ...)
Who Is the Mystery Crypto Queen on the Run After an Alleged Scam?
The FBI is offering anyone who helps arrest OneCoin co-founder Dr. Ruja Ignatova $100,000.Some are arguing that we are in the midst of a crash that cryptocurrency won't be able emerge from. Bitcoin ... ( read original story ...)
From stocks to crypto, a punishing six months for investors
Americans with stock portfolios or retirement investment plans would likely prefer to forget the last six months. The S&P 500, Wall Street’s broad benchmark for many stock funds, was on pace Thursday ... ( read original story ...)
India’s Central Bank: Crypto Is Not Currency
On Thursday, a new report published by India's central bank declared that digital assets are not currency and have no intrinsic value. “Cryptocurrencies are not currencies, as they do not have an ... ( read original story ...)
FTX closes in on a deal to buy embattled crypto lender BlockFi for $25 million in a fire sale
Crypto giant FTX is close to finalizing a term sheet to buy BlockFi, sources familiar with the situation told CNBC. ( read original story ...)
Binance taps TikTok’s mostly silent superstar Khaby Lame to explain how crypto works
After surpassing Charli D'Amelio as the most-followed TikToker, the Italian Senegalese comedian signed on as an ambassador for Binance, ... ( read original story ...)
Crypto tranfers would have to follow bank rules under new E.U. regulations
Like the E.U.’s trendsetting data privacy policy, which became the de facto global standard, the crypto regulations are expected to be highly influential worldwide. ( read original story ...)
OP Crypto raising $100M for ‘Fund of Funds’ to back fund managers
The typical fund consists of deploying capital into certain sectors or industries, but venture capital firm OP Crypto is taking their own twist on the term. OP Crypto’s is raising $100 million for its ... ( read original story ...)
Japan Banking Chief Urges BOJ to Keep Tabs on Policy Downsides
The chief of Japan’s banking industry lobby group is calling on the nation’s central bank to pay closer attention to the adverse impacts of its ultra easy monetary policy after the yen plunged to a 24 ... ( read original story ...)