bitcoin Bitcoin-Linked Stocks Outperform Cryptocurrency in Massive 2023 Rebound Stocks tied to bitcoin surge over 300% this year, easily beating the cryptocurrency's own impressive 150% rally. Investors look past industry scandals to focus on interest rate shifts and upcoming exchange-traded funds.
bitcoin Court Overturns SEC Rejection of Grayscale Bitcoin ETF A federal appeals court rules that the SEC acts arbitrarily by denying Grayscale's Bitcoin ETF while approving similar futures products, triggering a significant crypto market rally.
bitcoin US Court Ruling Clears Path for First Bitcoin ETF Approval A federal court overturns the SEC's rejection of Grayscale's spot Bitcoin ETF application, signaling a major shift in cryptocurrency regulation. The decision opens the door for the first-ever Bitcoin exchange-traded fund in the United States.
bitcoin Digital Assets Outperform Traditional Markets in September Bitcoin and Ethereum lead a September rally as large-cap tokens outshine small-caps, driven by ETF approval hopes and a surge in real-world asset DeFi protocols.
binance Binance Unveils Bitcoin Proof-of-Reserves System Post-FTX Collapse Binance launches a proof-of-reserves website for its Bitcoin holdings, revealing a 101% reserve ratio. The system uses a Merkle tree to let users verify their balances are fully backed by the exchange.
bitcoin Bitcoin Plunges to Two-Year Low Amid Genesis Bankruptcy Fears Crypto brokerage Genesis considers bankruptcy as a possibility while seeking $1 billion in emergency funding, causing a brief but sharp drop in Bitcoin's price.
crypto Crypto Contagion Spreads as FTX Collapse Threatens Major Lenders The sudden implosion of FTX triggers a severe domino effect across the cryptocurrency industry, pushing firms like BlockFi toward bankruptcy and leaving Voyager Digital scrambling for a new buyer.
binance Binance Set to Abandon FTX Rescue Deal After Reviewing Finances Cryptocurrency exchange Binance strongly considers abandoning its planned acquisition of FTX after a brief review reveals severe financial issues. This potential withdrawal adds another shocking twist to the rapid collapse of Sam Bankman-Fried's crypto empire.
crypto Crypto Market Tumbles as Binance Moves to Rescue Rival FTX Major cryptocurrencies and crypto-related stocks experience significant declines as Binance agrees to acquire FTX's non-U.S. operations amid a severe liquidity scare.
sec Grayscale Sues SEC After Rejection of Spot Bitcoin ETF Conversion The SEC rejects spot bitcoin ETF applications from Grayscale and Bitwise, prompting Grayscale to file a lawsuit over the agency's inconsistent approval of futures-based products. The legal battle challenges the regulator's stance on market manipulation and surveillance-sharing agreements.
bitcoin Wall Street Launches Short Bitcoin Fund Amid 70% Crypto Collapse Financial firms introduce a new short Bitcoin fund as the cryptocurrency market experiences a massive 70% plunge. This product gives traditional investors a direct way to bet against the struggling digital asset.
iran Iran Halts Power to Licensed Crypto Miners Amid Seasonal Demand Iran is cutting electricity to all 118 licensed crypto mining operations starting June 22 to manage seasonal power strain. The move highlights the ongoing tension between leveraging crypto to bypass sanctions and managing domestic energy resources.
babel finance Crypto Lender Babel Finance Freezes Withdrawals Amid Market Turmoil Hong Kong-based crypto lender Babel Finance pauses withdrawals and redemptions due to severe liquidity pressures as the broader digital asset market experiences a major downturn.
crypto Cryptocurrency Market Experiences Severe Meltdown Amid Freezing Lending The cryptocurrency market plunges into a deep freeze as major digital assets lose massive value and lending platforms halt withdrawals. This widespread crash marks a sharp reversal from the recent boom that attracted millions of new investors.
cryptocurrency Major Crypto Firms Slash Jobs as Digital Currency Prices Plummet A wave of layoffs sweeps across the cryptocurrency industry as plummeting prices force major companies to drastically reduce their workforces. The job cuts highlight the deep financial struggles within the digital asset sector.