Business

Bitcoin slumps under $25,000, lowest in 18 months

Bitcoin tumbled Monday to an 18-month low under $25,000 as investors shunned risky assets in the face of a vicious global markets selloff, months after the cryptocurrency hit a record high.

Business

No slump for pump and dump cryptocurrency gangs

In a sleepy corner of the crypto-economy, the value of an obscure coin called Enzyme was tumbling downwards along with its peers earlier this month—but then something unusual happened on May 15.

Business

Cryptocurrency derivatives markets are booming: study

Markets for cryptocurrency derivatives—contractual side-bets on the future price of cryptocurrencies—have exploded in recent years. On a busy day, over $100 billion in these derivatives are traded, rivaling the daily ...

Business

Optimism abounds on cryptocurrency ETFs despite lack of action

The financial technology industry is predicting that regulators will allow investments in virtual currencies through exchange-traded funds, or ETFs, despite rejections of past efforts and with no indication by officials that ...

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