Markets

Bitcoin briefly cleared $29,000 on Thursday morning as crypto markets enjoy a welcome return to risk-on attitude

Markets aren’t as frozen solid as they were in December, but talks of a thaw may be premature

The price of bitcoin reflects similar bets made by equity investors on waning inflation, following favorable consumer index data last week

The Dow Jones rose 0.23% by close, while the S&P 500 was up 0.36% and the Nasdaq increased 0.35%

Crypto lender adds David Barse and Alan Jeffrey Carr, terminates three others

A look back at June indicates declining trading volumes but healthy demand, especially among blue-chip collections

Some employees have been laid off, but the exchange is still hiring for product, engineering and other strategic roles

High correlation between crypto and the broader equity markets and concerns over inflation still need to be watched in the second half of the year, analysts say

Major stablecoin supplies point to an abundance of patient investors ready to scoop up cheaper cryptocurrency prices, according to analysts

Citadel Securities reportedly names CEO for its planned crypto-focused platform

Bitfinex’s LEO is once again the best performing cryptocurrency month over month and the only digital currency in the top 50 to gain value in June

CoinShares reports record outflows, driven by redemptions from Purpose Investments offerings

Market turmoil is not expected to let up until a shift in monetary policy occurs, analysts said

Singapore-based cryptocurrency exchange Vauld is the next firm to downsize, despite raising $25 million one year ago

Bitcoin dominance dropped more than 7% over the past week, as smaller names bounce harder relative to BTC

The crypto financial services provider suspended redemptions and withdrawals from its products on Friday

Starting this week, the Dubai-based cryptoasset exchange will review some of its roles and functions, a spokesperson said

Blockworks exclusive: Many protocols backed by Three Arrows kept their funding round capital, plus portions of their own treasuries, with the fund manager

Central bankers predict elevated unemployment rates, prolonged higher prices and a slowdown in economic activity going forward

The risk-off sentiment in markets is here to stay, analysts say

Blockworks caught up with SkyBridge Capital’s Anthony Scaramucci and Arca’s CIO Jeff Dorman for their take on why crypto is down heavily

Swaths of employees in the crypto space have been let go from their jobs this month

The company’s stock fell Monday after crypto lending platform Celsius announced it would pause withdrawals

Blockworks exclusive: Rival crypto lending firm Nexo reached out to Celsius, offering to help with liquidity