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Markets

Crypto Shares Slammed, BTC Heads Back to $100K Alongside Thursday Stock Market Sell-Off

Continuing a steep slide begun in July, Michael Saylor's Strategy has now turned lower on a year-over-year basis.

Higher interest rates and energy shortages have triggered concerns over a potential global recession (Getty Images)

Markets

Ripple Raises $500M at $40B Valuation in Fortress-Led Round

Pantera, Galaxy Digital and Citadel Securities joined the deal, which expands Ripple’s institutional base as its payments and stablecoin businesses surge.

Brad Garlinghouse, the CEO of Ripple Labs (Jesse Hamilton/CoinDesk)

Markets

Bitcoin Plunges Below $100K for First Time Since June as Crypto Correction Worsens

The largest crypto has now tumbled more than 20% since hitting a record high above $126,000 only one month ago.

Bitcoin Logo

Markets

Bitcoin Careens Toward $100K as Morning Bounce Fails

Ether, XRP, dogecoin and solana are all lower by 15%-20% over the past week.

Bitcoin plunges below $40K (Eva Blue/Unsplash)

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Markets

Bitcoin Slides Below $106K as Cryptos Tumble, Nearing October Crash Lows

The downturn in prices rippled across derivatives markets, liquidating over $1 billion in leveraged trading positions across all digital assets Monday, CoinGlass data showed.

A bear roars

Finance

Animoca Brands Files for Nasdaq Listing Via Reverse Merger

The deal aims to expand Animoca's investor base and enhance access to its digital assets and growth companies.

Yat Siu, co-founder and executive chairman of Animoca Brands. (Shutterstock/CoinDesk, modified by CoinDesk)

Markets

Core Scientific Stock Gains 5% After $9B CoreWeave Merger Rejected

The widely-panned takeover attempt failed a shareholder vote on Thursday.

(Shutterstock)

Markets

Bitcoin Slides Below $108K, Crypto Stocks Sink as 'Uptober' Disappoints

With Thursday's decline, bitcoin is on track for its worst October return in more than a decade.

Bitcoin price today (CoinDesk)

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Markets

Fed Delivers Expected 25 Basis Point Rate Cut as Markets Await Powell’s Comments

Headed lower on Wednesday ahead of the decision, bitcoin remained so in the minutes following the news at $111,700, down 3% over the past 24 hours.

Jerome Powell speaking at podium

Policy

Binance's CZ Wins Pardon From U.S. President Donald Trump

U.S. President Donald Trump pardoned Binance founder Changpeng Zhao months after he said he'd asked for a pardon.

Changpeng "CZ" Zhao (Nikhilesh De/Modified by CoinDesk)