Crypto

Pantera Capital CEO Dan Morehead thinks the crypto market has passed the bottom of the cycle and is about to start rebounding. In a new interview with Real Vision CEO Raoul Pal, the crypto hedge fund executive says his firm was “heavy” on Bitcoin (BTC) in May, June and July because the top crypto asset goes down less in times of market stress.

Aug 9 (Reuters) - Coinbase Global Inc (COIN.O) reported a larger-than-expected quarterly loss as investors worried by this year's rout in risky assets shied away from trading in cryptocurrencies, sending its shares down 6% after the bell on Tuesday.

ARK Invest founder Cathie Wood thinks BlackRock’s entry into the crypto space could have huge implications for the price of Bitcoin (BTC). Last week, US-based crypto giant Coinbase announced that it teamed up with BlackRock, the biggest asset manager in the world, to bring cryptocurrency trading to wealthy clients.

A robot that’s earned a reputation for outperforming the markets is unveiling its latest altcoin allocations as most cryptocurrencies give up their recent gains. Every week the Real Vision Bot conducts surveys in order to generate algorithmic portfolio assessments that reveal a “hive mind” consensus. The bot’s...

For both Bitcoin and Ethereum, the buy-and-hold approach can lock in long-term gains for your portfolio.

Crypto is in a bad way. Bitcoin and ether, the two biggest cryptocurrencies, are down over 50% since the year began. It's not only crypto traders who are feeling the pain; crypto exchanges are too. On Tuesday, Coinbase, the biggest exchange in the US, reported a loss of $1.094 billion in the second quarter.

If you have paid casual attention to crypto news over the past few years, you probably have a sense that the crypto market is unregulated—a tech-driven Wild West in which the rules of traditional finance do not apply. If you were Ishan Wahi, however, you would probably not have...

Voyager Digital bankruptcy court proceedings and financial documents show a complex relationship between the company and Sam Bankman-Fried's crypto firms. Lawyers from the two sides firms sparred in court Thursday over the FTX bid to buy Voyager. Documents reviewed by CNBC show the financial relationship between Alameda and Voyager date...

The crypto market turned red Wednesday with almost every cryptocurrency dropping significantly. Leading cryptocurrencies Bitcoin (BTC) and Ether (ETH) dropped 3.94% and 5.91%, respectively. According to CoinMarketCap data, BTC and ETH failed to hold above respective resistances present at $23,000 and $1,700, respectively. The prices of these cryptocurrencies as of...

Cryptocurrency lender Hodlnaut is the latest firm to respond to tumultuous market conditions by halting withdrawals (via Coindesk). In a post on its website, the Singapore-based company announced that it’s freezing withdrawals, token swaps, and deposits due to an uncertain economy that some say triggered a “crypto winter.”

Say you had millions of dollars to spend. If you’re an automotive enthusiast, perhaps you’d buy the latest Ferrari or a 1956 Aston Martin. But would you spend an exorbitant amount for a car you can’t physically drive?. It may sound illogical, but research by Vanarama shows...

This blue chip crypto has rallied nearly 100% since its recent low -- but there are still miles of runway for growth ahead.

The July consumer-price index to be released on Wednesday may determine whether the recent rally for stocks and crypto can be sustained.

Shares of Coinbase Global Inc. fell in after-hours trading Tuesday after the cryptocurrency exchange said that volumes and monthly user counts could be lower in the current quarter than what was seen in the latest one, as "soft" crypto market activity continues.

The US is ramping up its efforts to crack down on shady cryptocurrency mixers. The Treasury Department has imposed sanctions on Tornado Cash, a mixer that allegedly helped launder more than $7 billion in stolen crypto funds since its inception in 2019. Like a previous sanctions target, Blender, Tornado Cash is accused of "indiscriminately" helping thieves by hiding transaction details while failing to institute meaningful anti-laundering safeguards. North Korea's state-sponsored Lazarus Group hackers are believed to have funneled $455 million through the mixer.

Coinbase posted dismal results Tuesday as the crypto powerhouse got slammed by a downturn that “came fast and furious.”. Coinbase reported second-quarter financials that missed Wall Street estimates as the company swung to a loss and posted a 64% year-over-year drop in revenue. Coinbase shares, which fell about 11% in regular trading, tumbled more than 5% in after-hours trading. The stock has dropped more than 60% year-to-date.

DUBAI, Aug 9 (Reuters) - Iran made its first official import order using cryptocurrency this week, the semi-official Tasnim agency reported on Tuesday, a move that could enable the Islamic Republic to circumvent U.S. sanctions that have crippled the economy.

The US Treasury Department blacklisted the virtual currency mixer Tornado Cash on Monday, saying the system "has been used to launder more than $7 billion worth of virtual currency since its creation in 2019." The platform was added to the Specially Designated Nationals and Blocked Persons List (SDN), prohibiting all transactions on Tornado Cash by people in the US "unless authorized by a general or specific license issued by OFAC [Office of Foreign Assets Control]", the Treasury Department announcement said.

Hackers believed to be associated with the North Korean-based cybercriminal group Lazarus have attempted yet another digital heist by targeting cryptocurrency firm deBridge Finance. As reported by Bleeping Computer, deBridge operates as a “liquidity transfer protocol that allows decentralized transfer of data and assets” between multiple blockchain platforms.

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Mauricio Di Bartolomeo of Ledn discusses crypto markets and whether liquidity risks for crypto businesses are over.