Bitcoin, the largest cryptocurrency by market cap, traded near US$19,600 – well below June’s closing price, extending its rout to almost 60% for this year.
Wall Street professionals and individual investors believe the meme stock will become a durable feature of the market landscape.
The People’s Bank of China (PBoC) had so far been capping the yuan’s losses in the run-up to Jackson Hole by setting stronger-than-expected currency fixings.
FTX and Alameda Research merge their VC operations in an effort to consolidate parts of billionaire Sam Bankman-Fried’s vast digital asset empire.
A Delaware judge has ordered Twitter to hand over more data to Elon Musk relating to how it calculates bot and fake accounts on its platform.
As the standoff comes to a head, there are some signs that China and the U.S. are working towards a solution as no one stands to gain from a wave…
Voyager Digital asked a federal judge to approve US$1.6 million of its funds for a “Key Employee Retention Plan”, including bonuses to 34 employees that the company claimed were vital…
According to Bloomberg data, two-thirds of the more than 500 outstanding dollar bonds issued by Chinese developers are now priced below 70 cents on the dollar, a common threshold for…
With many up-coming holidays such as Halloween, Thanksgiving and Christmas around the corner, some of the country’s largest chain stores have reported robust back-to-school sales in recent days.
As Ether denominated loans increased in dollar terms, the value of NFT collateral pledged to secure such loans continued to depreciate triggering BendDAO to liquidate collateral through auctions.