Bitcoin tanks on Binance-FTX deal doubts
Cryptocurrencies extended declines as Binance’s potential takeover of embattled rival exchange FTX highlighted how strains in the digital-asset industry are now buffeting some of its top players.
Bitcoin, the largest token by market value, fell as much...
Bitcoin outperforming gold and stocks
Cryptocurrencies continued to pull away from stocks as the intensifying war in Ukraine prompts investors to look for safe havens.
Bitcoin advanced as much as 2% in early trading in Hong Kong before giving up some gains. It has jumped 17% over the past...
Cryptocurrency exchanges resist pressure to block all Russian users
The Biden administration is asking crypto exchanges to help ensure that Russian individuals and organizations aren’t using virtual currencies to avoid sanctions leveled on them by Washington, according to people with direct...
FTX and ByBit respond to South African regulator crypto trading warning
South Africa’s financial regulator said traders should be “cautious and vigilant” when using FTX Trading Ltd., one of the world’s fastest-growing crypto exchanges.
The Financial Sector Conduct Authority on Wednesday issued...
Bitcoin stumbles
Bitcoin slid below $60,000 as traders liquidated the most positions in a month.
Prices for the biggest digital asset lost 5% to $58,975 as of 10:44 a.m. in London, reaching the lowest intraday price in almost two weeks. Ether also sank about 5% and smaller tokens took a hit...