The Latest Breaking News from Crypto

Coinbase Global Inc announced Tuesday will lay off 18% of its workforce in another sign of a worsening crypto downturn that’s shaved off trillions of the total cryptocurrency market value.

The crypto market is now worth less than $950 billion compared to $3 trillion in November.

Remember, the crypto boosters won’t read your victory lap about the market crashing, but the people who unfortunately believed them will.

Who knew? It turns out financial business models that don’t stack up don’t last. That’s why cryptos and BNPL companies are in deep trouble.

Global markets took a catastrophic hit yesterday, as the Nasdaq was down 4.60% and the S&P 500 was down 3.88%. Crypto suffered the most, as Bitcoin dropped over 20% to reach a low of $20,800. Ever since the crypto rally in November, in response to Bitcoin ETF Futures product being…

Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. This week, we posed the following questions to over 1,000 Benzinga visitors on cryptocurrency investing: 

The company's platform allows people to buy and sell cryptocurrency. It had just gone public last year.

The cryptocurrency markets have been in a sharp downtrend over the last week. The market cap of the crypto sector currently sits at $977 billion, which is approximately one-third of its all-time high. Consequently, retail investors globally have suffered major losses, as most cryptocurrencies are trading 70% below their all-time…

A facet of the crashing crypto game has reminded me of a journalistic failure 25 years ago, a story that got away and cost mugs millions of dollars.