Crypto-related stocks cratered early Monday as a broader sell-off in Bitcoin (BTC-USD), Ethereum (ETH-USD) and other cryptocurrencies accelerated.
“There are literally 1,900 crypto hedge funds. My guess is two-thirds will go out of business.” - Galaxy’s Mike Novogratz.
Bitcoin miners are beginning to sell tokens they’ve hoarded to cover burgeoning costs with the prospects for industry growth slowing.
Winklevoss twins’ Gemini Trust Co. is being sued by the Commodity Futures Trading Commission for allegedly misleading the derivatives regulator.
The crypto faithful shouldn't expect Bank of America to make a major push into the sector anytime soon.
The family office of billionaires Cameron and Tyler Winklevoss will serve as test case for staying power of crypto startups after TerraUSD’s collapse.
Goldman Sachs economists have said that the recent crypto decline is small relative to household net worth.