Crypto market stands like Nasdaq in the early 2000s. Here’s why

Crypto market stands like Nasdaq in the early 2000s.  Here’s why

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest in this bear market. Find me on Twitter at @FrancesYue_ to send feedback, or tell us what you think we should cover. You can also … Read more

When will crypto winter end? Bitcoin halves may not be enough to explain market cycles

Crypto market stands like Nasdaq in the early 2000s.  Here’s why

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest in this bear market. Find me on Twitter at @FrancesYue_ to send feedback, or tell us what you think we should cover. You can also … Read more

Peter Thiel-Backed Crypto Lender Vauld Suspends Withdrawals

Peter Thiel-Backed Crypto Lender Vauld Suspends Withdrawals

A cryptocurrency lender backed by Peter Thiel and Coinbase Global Inc. suspended withdrawals, trading and deposits on its platform, citing volatile market conditions and financial difficulties facing key business partners. The platform, Vauld, said Monday that it froze the operations after users pulled almost $ 200 million over the last three weeks. A sharp decline … Read more

Weekend reads: How to tell when the bear market is almost over

Weekend reads: How to tell when the bear market is almost over

Experienced investors have lived through bear markets and learned they present opportunities to buy stocks at low prices. But waiting through the cycle of decline is no fun, and there can be several rallies before the bear market finally ends. Mark Hulbert explains how you can tell when the bear market is near its end. … Read more

5 things to know before the stock market opens Tuesday, June 14

5 things to know before the stock market opens Tuesday, June 14

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set to rise after S&P 500 officially closed in bear market Traders on the floor of the NYSE, June 13, 2022. Source: NYSE US stock futures bounced after Tuesday’s cooler inflation report and what could … Read more

Crypto crash gathers steam as inflation marks fastest pace of rise since 1981

Crypto crash gathers steam as inflation marks fastest pace of rise since 1981

Bitcoin and other cryptocurrencies tumbled on Sunday, with losses for the asset class building over the weekend following US data that showed persistent inflation pressures in May, marking the fastest pace of increase since December 1981. Bitcoin BTCUSD, -1.45% has dropped around 3% to $ 27,743, with Ethereum falling more than 3.8% to around $ … Read more

Coinbase CEO tells workers to quit if they do not believe in top execs, after petition for leadership changes

Coinbase CEO tells workers to quit if they do not believe in top execs, after petition for leadership changes

Coinbase Global Inc. has had a rough stretch lately, as plunging prices for cryptocurrencies have dampened trading interest and prompted the company to curtail rapid hiring plans. The company also seems to be suffering from some internal tensions, judging by a petition posted to decentralized publishing platform mirror.xyz that called for the removal of several … Read more

5 things to know before the stock market opens Friday

5 things to know before the stock market opens Friday

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures are lower after release of May jobs report Traders on the floor of the NYSE, May 27, 2022. Source: NYSE Stock futures were down Friday morning, as Wall Street digested the release of May’s better-than-expected … Read more

Binance raises $ 500 million fund to invest in Web3 startups

Binance raises $ 500 million fund to invest in Web3 startups

Binance is the world’s largest cryptocurrency exchange, handling $ 490 billion of spot trading volumes in March 2022. Akio Kon | Bloomberg | Getty Images Binance, the world’s largest cryptocurrency exchange, is launching its own venture capital fund. The company’s venture arm, Binance Labs, said Wednesday it has raised $ 500 million for its debut … Read more

Ethereum could ‘take over everything’, and there won’t be a multi-chain future, says EY’s blockchain leader

Crypto market stands like Nasdaq in the early 2000s.  Here’s why

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest and greatest in digital assets this week so far. Find me on Twitter at @FrancesYue_ to send feedback, or tell us what you think we … Read more