Currencies

FTX is crumbling and founder Sam Bankman-Fried is in crisis mode as he seeks a lifeline. China's Binance backed out of acquiring the company Wednesday.

Cryptocurrencies traded higher Thursday morning, stemming this week's declines following the collapse of a deal involving FTX.

The cryptocurrency Bitcoin is looking to distance itself from tech stocks like Meta and Amazon which it has seen a strong correlation with in the past.

Chinese officials have periodically discussed plans to disrupt the dollar's dominance as a global currency, but Beijing this year has bought gold in record quantities.

An auction house, GreatCollections, announced on Sunday that it bought the rare Walton 1913 Liberty Head nickel for a whopping $4.2 million.

NYDIG laid off a third of its workforce last month resulting in the loss of about 110 jobs at the bitcoin trading and banking firm.

Risk aversion amid growing fears about a global recession has sent investors fleeing toward the greenback as a safe haven, but a strong U.S. dollar has both pros and cons.

Hinman was at the center of the agency’s crypto regulation efforts under former SEC Chairman Jay Clayton

The Bank of England has moved to halt a slide in British government bonds that posed a “material risk” after plans to slash taxes spooked investors.

The British government's sweeping package of tax cuts has damaged the nation's credibility as an economic superpower, Treasury Secretary Larry Summers said.

The Bank of England said on Monday it would not hesitate to raise rates and is monitoring markets in response to the new government's financial plans.

The British currency has taken a plunge, sliding against the U.S. dollar to touch an all-time low. The currency chaos is playing out against the dollar’s rally.

Japan intervened in the foreign exchange market to buy yen for the first time since 1998, to shore up the battered currency against the strong US Dollar.

The value of the dollar has been on a tear for more than a year against everything from the British pound in Europe to the South Korean won across in Asia.

The Bank of England, the UK's central bank, is delaying its decision on interest rates as the nation mourns Queen Elizabeth's death.

An amended complaint says billionaire Tesla CEO Elon Musk and his companies allegedly drove up the value of Dogecoin in a pyramid scheme.

Washington, D.C.'s attorney general has filed a lawsuit against billionaire Michael Saylor and his former company MicroStrategy for tax fraud.

Regulators are being asked by a House oversight committee to respond with what is being done to prevent people from being taken in cryptocurrency scams.

Lawyer John Deaton, amici curiae in the landmark SEC vs. Ripple case weighs in on Gary Gensler's ruling iron fist when it comes to cryptocurrency regulation.

The move comes as the world's largest asset manager has seen "substantial interest" from some institutional clients despite the digital asset market's recent downturn.