There aren’t many silver linings to be found in the cryptocurrency crash. One welcome casualty is the army of laser-eyed social media “influencers”.
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Ether and bitcoin reached their highest levels in 10 days on Sunday as the market showed some signs of stabilisation.
Strip away the hype, and it looks like turtles all the way down. Crypto is not too big to fail.
The survivors of the rout in crypto assets could become the technology companies of the future, the Bank of England’s deputy governor said.
The CEOs of two of the country’s largest crypto exchanges believe the fundamental underpinnings of the industry are still strong, but asset prices may not rebound quickly.
Tether is releasing a crypto token tied to the value of the British pound as part of a push into new stablecoins.
Crypto lending may not be down and out, but it’s certainly on the ropes.
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The crypto industry was on edge on Monday morning on fears contagion from problems at major crypto players could unleash a major shakeout if not contained.
Bitcoin snapped a 12-day slide on Sunday after a record-breaking string of declines. Analysts cautioned the respite may be brief.