collapse

U.S. Treasury secretary Janet Yellen has warned countries around the world are moving away from the U.S. dollar—as the spiraling $34 trillion U.S. debt pile fuels fears of collapse—with bitcoin and crypto slowly chipping away at dollar…

Alex Dovbnya Those who made bullish bets on Bitcoin, Ethereum, and other cryptocurrencies have taken a severe beating…

As the sell-off in bitcoin (BTC) becomes unhinged, one analyst is pinning hopes on Friday's U.S. jobs report to temper the decline.Bitcoin, the leading cryptocurrency by market value, dipped below $54,000 early Friday amid reports that…

In the wake of a major cryptocurrency crash, FTX has unveiled plans to reimburse most of its clients within two years. The exchange pledges to repay nearly all outstanding funds, with…

Customers of the failed cryptocurrency exchange FTX are poised to recover all of the money they lost when the firm collapsed in 2022 and receive interest on top of it, the company’s bankruptcy lawyers said on Tuesday.The announcement was…

Billions of dollars in value evaporated in a few hours on Friday. The crypto market took an absolute nosedive at 8:30 a.m. ET on Friday after the stock market opened. Bitcoin (BTC -4.49%) has fallen over $4,000 in value to $66,440 as of…

Two Australian cryptocurrency companies have collapsed into liquidation owing hundreds of investors more than $160 million ($174 million NZD).The Australian Security and Investments Commission (ASIC) has launched civil proceedings…

With investors worldwide looking at a collective $1.5tn in recent cryptocurrency losses, a blizzard of class-action lawsuits are being prepared. One big question is: who, if anyone, is to blame – and who could be held to account?With…

CNBC's Jim Cramer on Thursday said that the rapid slide in the cryptocurrency market shows that the Federal Reserve is making progress in its arduous struggle to tamp down inflation."There is one front in the war on inflation that's been…

With the fall of Terra (LUNA), a lot of FUD and negative speculation has spread throughout the cryptocurrency community with many believing that there could be another crypto collapse on the horizon. In the…