About $1 billion guaranteed by some 260,000 market investors was liquidated due to margin calls in the past 24 hours, according to data from CoinGlass, the Wall Street Journal reported on Tuesday (Jan. 14). Get the Full Story Complete the form to unlock this article...
The lower house of Russia’s parliament is considering legislation that would bar crypto platforms from hosting purchases with crypto assets, Bitcoin.com reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
An investor in the doomed Terra blockchain ecosystem filed a federal lawsuit seeking class action status and naming, among defendants, Binance.US, Bloomberg reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
MicroStrategy Inc.’s purchase of nearly 130,000 bitcoins at a cost of about $3.97 billion over the past two years is taking a toll on the software firm’s balance sheet as the value of bitcoin has plummeted, Bloomberg reports. Get the Full Story Complete the form...
With most major cryptocurrencies down 15% to 20% over the past 24 hours and the idea that bitcoin is a hedge against inflation on par with gold relegated to the dustbin of crypto hype history, it’s time to ask if the glory days of decentralized...
A pair of stablecoins broke the buck over the last 24 hours as inflation-fueled economic worries fueled a broader crypto market collapse that saw bitcoin fall below $24,000. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
As bitcoin collapsed over the weekend, dropping nearly 14% in just 24 hours to below $24,000 in the morning Monday (June 13), it’s impossible to say that it is doing anything but reacting to the stock market. Get the Full Story Complete the form to...
Bitcoin has lost more than 10% of its value in the past 24 hours, dropping to its lowest level since December 2020 at less than $24,500 early Monday morning (June 13), part of a $150 million selloff of cryptocurrency that is also seeing investors walk...
Bitcoin and ether have pared losses after they fell on Sunday (June 12), as a bigger retreat was happening in reaction to the 40-year-record inflation, a Bloomberg report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...