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JPMorgan Cuts Coinbase to Neutral With $68 Price Target; Shares Slump
It will be challenging for the exchange to generate a profit in the near future, the bank’s analysts said.

Morgan Stanley Says Ether Underperformance Echoes Crypto Downturn of 2018
One difference this time round is that it's largely institutional investors driving sales. In 2018, the share of retail trading activity was...

Cryptos See Over $1B in Liquidations as Bitcoin, Ether Lose Major Support Levels
Bitcoin lost the $25,000 level, while ether briefly slid to nearly $1,200.

Web 3 Service Provider ScienceMagic.Studios Raises $10.3M From Coinbase Ventures...
ScienceMagic.Studios has raised a $10.3 million pre-seed round from Digital Currency Group, Coinbase Ventures, among others.

NY City Mayor Eric Adams Wants State's Governor to Veto 2-Year Moratorium on Po...
The city's pro-crypto mayor plans to ask Gov. Kathy Hochul to veto a mining bill that would stop Proof of Work mining for two years.

First Mover Asia: What Analysts Are Saying After Crypto Lender Celsius Paused Wi...
Some observers of digital asset markets criticized the move but others said that Celsius could be protecting user funds; cryptos plummet.

Market Wrap: Bitcoin Tumbles Most in 1 Year as Crypto Cracks Appear
Bitcoin slumped to about $23,000, as the Celsius withdrawal halt combined with a sell-off in traditional markets to sour trader spirits.

Binance Clarifies What Caused Earlier Bitcoin Withdrawal Issues
The crypto exchange said the problem had to do with stuck transactions related to some hardware headwinds.

Crypto.com y BlockFi eliminarán 400 puestos en medio de la caída del mercado
Las compañías son las empresas cripto más recientes en anunciar reducciones de puestos de trabajo, uniéndose a Gemini y Rain Financial, entr...

Tron’s Stablecoin Peg to Dollar Wobbles; Justin Sun Swears to Deploy $2B to Prop...
Decentralized USD (USDD) fell to as low as 91 cents on crypto exchanges early Monday as crypto markets crashed in the wake of the latest liq...

Bank of England Chief Takes Victory Lap as Crypto Crumbles
Bank of England Governor Andrew Bailey has said that crypto has no intrinsic value following the implosion of crypto lending platform Celsiu...

The 5 ‘Unsolved Problems’ of Crypto According to Dragonfly’s Haseeb Qureshi
TK

MicroStrategy Now Down $1B on its Bitcoin Bet
MicroStrategy's unrealized bitcoin losses now stand at $1 billion following the asset's fall to $23,000 on Monday.

Crypto.com to Cut Almost 260 Jobs Amid Market Rout
The company is the latest crypto firm to announce job cuts, including Gemini, Rain Financial and others.

Bank of America Survey Shows Consumers Aren’t Done With Crypto Yet
Results showed growing interest in the use of cryptocurrencies as a payment method.

First Mover Americas: Bitcoin, Ether Plunge Anew as Celsius Halts Withdrawals
The latest price moves in bitcoin ($BTC) and crypto markets in context, for June 13, 2022.

Binance Temporarily Pauses Bitcoin Withdrawals
CEO CZ attributes the problem to a “stuck transaction.”

Capitalización de mercado cripto cae por debajo de $1B por primera vez desde pri...
Bitcoin perdió 13% de su valor en las últimas 24 horas.

Solana, Dogecoin Lead Plunge in Majors as Traders Warn of ‘Severe Losses’ Ahead
Higher inflation will continue forcing higher interest rates which would be negative for economic growth, one analyst said.

Silvergate Capital Could Benefit From Institutional Crypto Adoption, Wells Fargo...
The Wall Street bank initiated coverage of the stock with an "overweight" rating and a $120 price target.

Michael Saylor's Microstrategy Leads Plunge in Crypto-Related Stocks
Cryptocurrency-related stocks are down heavily in pre-market trading as Bitcoin slumps to its lowest point in 18 months.

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