Cryptocurrencies

The dollar retreated from its two-and-a-half-month high against the Japanese yen on Friday, putting it on track for its largest weekly loss since mid-January. The dollar index, which measures the greenback against a basket of major world currencies, 0.3% to 104.60, having previously hit...

Silvergate Capital, a California-based bank that mainly deals in cryptocurrency, informed U.S. Securities and Exchange Commission (SEC) earlier this week that it will most likely fail to deliver its annual report by the already-extended March 16 deadline. Silvergate also expressed concerns about the ability...

Binance, the world’s largest exchange for cryptocurrency, has been a victim of a hack attack earlier this week. According to reports, the hackers managed to get away with $570 million in crypto before the attack was discovered and stopped. Changpeng Zhao, CEO of Binance, explained...

Many Bitcoin miners are in the process of liquidating their mining assets in an attempt to deal with the plunging price of Bitcoin and high energy costs. This led to a depression in the value of mining rigs and crypto billionaire Jihan Wu and...

It seems like the “crypto winter” isn’t going away anytime soon, but Coinbase CEO Brian Armstrong doesn’t seem to be worried about it at the moment. In a recent interview with CNBC, Armstrong said that crypto downturns are nothing unusual and that the crypto...

The period of volatility is far from over, as demonstrated by the world’s most popular cryptocurrencies, Bitcoin and Ethereum. Both coins have had an eventful weekend before opening the new week with a slide. Bitcoin dropped to $20,834.00 on Friday, its lowest since mid-July, before...