People in Russia will soon no longer be allowed to use digital assets as a form of payment. Russian President Vladimir Putin has signed a bill into law prohibiting the use of digital assets, such as cryptocurrency … Read more
Bitcoin (BTC) continues to gain ground, reaching a breakeven for the week. The move has put critical technical resistance in the cross hairs. The leading cryptocurrency briefly topped the $21,000 mark, extending the recovery from … Read more
CleanSpark Inc. CLSK, -3.34% said Thursday that it has acquired 1,061 Whatsminer M30S bitcoin mining machines for use at Coinmint’s facility. CleanSpark didn’t disclose what it paid for the miners but said they were acquired at a “substantially … Read more
All of the largest cryptocurrencies were down during morning trading on Wednesday, with Uniswap UNIUSD, -4.12% seeing the biggest change, declining 4.18% to $5.42. Cardano ADAUSD, -3.42% shed 3.58% to 41 cents, and Polkadot DOTUSD, -3.02% fell 3.29% to $6.19. Dogecoin DOGEUSD, -2.63% fell 3.29% to 6 … Read more
The co-founders of failed crypto hedge fund Three Arrows Capital appear to be on the run from creditors, according to court documents recently filed in New York. Lawyers representing the creditors say the physical whereabouts of Zhu … Read more
BitcoinBTCUSD –2.66% and other cryptocurrencies slid back on Monday after rallying over the weekend. Digital asset investors are not immune to the fear of recession that has shaken wider markets, and the week ahead holds key catalysts … Read more
All of the largest cryptocurrencies were down during morning trading on Monday, with Dogecoin DOGEUSD, -5.44% seeing the biggest change, declining 5.97% to 6 cents. Cardano ADAUSD, -4.88% shed 5.29% to 44 cents, and Bitcoin Cash BCHUSD, -3.91% shed 4.21% to $103.26. Ethereum ETHUSD, -3.24% shed 4.21% … Read more
Federal Reserve Vice Chair Lael Brainard became the latest official to speak out on crypto, saying Friday that regulation is needed or the industry could become a wider danger. “Innovation has the potential to make … Read more
Crypto lender Celsius artificially inflated the price of its own digital coin, failed to hedge risk, and engaged in activities that amounted to fraud, a lawsuit alleges. Celsius on Thursday was sued by former investment … Read more
KEY POINTS Voyager commenced bankruptcy proceedings in the U.S. Bankruptcy Court for the Southern District of New York on Tuesday. The company suffered huge losses from its exposure to crypto hedge fund Three Arrows Capital, which … Read more