Crypto market cap falls below $1 trn for first time since early 2021
Celsius's CEL token was down about 50% to 19 cents as of 7:16 a.m. in New York Kong, according to pricing data site CoinGecko
The largest cryptocurrency, bitcoin, was down more than 9% on the day, falling to an 18-month low of $23,950
Twitter co-founder and Block CEO Jack Dorsey on Friday partnered with artist Shawn Carter, popularly known as Jay-Z, to launch The Bitcoin Academy -- an educational initiative in New York
If you're getting into crypto at these levels, a little near-term volatility could be worth a long-term payoff, says an asset manager
The crypto market could also get a boost from US consumer-price data later this week.
CRE8 tracks eight assets representing over 85 per cent of the total market capitalisation of digital assets traded in Indian Rupee.
Fewer new issuances of Ether, a smaller carbon footprint and higher yields are among the upgrade outcomes that DeFi investors say will fuel an Ethereum rally and boost the industry
Bitcoin is drawing strength from the rest of the crypto market, for example, its relative stature providing some comfort for investors fleeing altcoins
Anything not backed by a sovereign guarantee can be an asset class but not a currency, as she asserted that Bitcoin cannot be 'money' just because it has got 'coin' in its name.
Cryptocurrencies are subject to patchy regulation across the world, with traders of bitcoin and the panoply of smaller tokens typically unprotected against price slumps
Prices for the largest cryptocurrencies, bitcoin and ethereum, have both dropped by over 55% in six months, leading some to suggest that regulation is needed to contain the turmoil.
The world's largest cryptocurrency rose 2% to about $30,500 as of 9:08 a.m. in London. Other coins from Ether to Avalanche also posted modest gains.
Bank of France Governor Francois Villeroy says crypto assets could disrupt the international financial system.
The global crypto mayhem last week wiped out Bitcoin worth $3.5 billion -- created to defend and support the TerraUSD (UST) stablecoin which saw a total crash
Prices crashed, exchanges facing liquidity issues
Bitcoin, the largest cryptocurrency by market value, last rose 4.85% to $29,925, rebounding from a December 2020-low of $25,400 which it hit on Thursday
Crypto assets have been swept up in broad selling of risky investments on worries about high inflation and rising interest rates.
The sell-off has taken the combined market value of all cryptocurrencies to $1.2 trillion, less than half of where it was last November, based on data from CoinMarketCap
Bitcoin plunged by as much as 10 per cent in the last day to its lowest level since December 2020, while Ethereum dropped as much as 16 per cent