Posted on

Cryptocurrencies Melt Down in a ‘Perfect Storm’ of Fear and Panic

Cryptocurrency prices also dropped precipitously. The price of Bitcoin fell as low as $26,000 on Thursday, down 60 percent from its peak in November, before rising somewhat. Since the start […]




Posted on

Bitcoin Is Increasingly Acting Like Just Another Tech Stock

SAN FRANCISCO — Bitcoin was conceived more than a decade ago as “digital gold,” a long-term store of value that would resist broader economic trends and provide a hedge against […]




Posted on

It’s Hard to Tell When the Crypto Bubble Will Burst, or If There Is One

Despite their volatile and occasionally inscrutable nature, cryptocurrencies are becoming more widely traded, used and held — El Salvador recently started accepting Bitcoin as legal tender, the Federal Reserve is […]




Posted on

The New Get-Rich-Faster Job in Silicon Valley: Crypto Start-Ups

OAKLAND, Calif. — When Sandy Carter left her job as a vice president of Amazon’s cloud computing unit this month, she announced in a LinkedIn post that she was joining […]




Posted on

A Star-Studded Production

Fed officials retire early amid trading controversy. Robert Kaplan, the head of the Dallas Fed, and Eric Rosengren, the president of the Boston Fed, both announced yesterday that they would […]




Posted on

The World’s Biggest Crypto Exchange Still Lacks U.S. Footing

The quest for legitimacy in the United States is leading Binance.com, the world’s largest cryptocurrency exchange, to pursue an initial public offering of its American unit. But for a company […]




Posted on

Cryptocurrency Seeks the Spotlight, With Spike Lee’s Help

Some celebrity endorsements of cryptocurrencies have run into trouble. In 2017, the Securities and Exchange Commission cautioned that some famous people were hyping the virtual currency sales known as initial […]




Posted on

Gary Gensler, Wall Street’s New Watchdog, Has a Full Plate

Mr. Gelzinis said Mr. Gensler would probably draw on his familiarity with the subject matter — he taught classes on blockchain technology at the Massachusetts Institute of Technology — to […]




Posted on

Why Coinbase’s Trading Debut Is a Cryptocurrency Coming-Out Party

SAN FRANCISCO — Digital currency, once mocked as a tool for criminals and reckless speculators, is sliding into the mainstream.Traditional banks are helping investors put their money into cryptocurrency funds. […]