The world’s largest crypto exchange Binance will start providing proof of reserves soon, after it proposed an acquisition of the non-U.S. assets of rival exchange FTX, which faced a liquidity Read more
Tag: Money/Currency Markets
Gold, TIPS, bitcoin and alternative ETFs haven’t been the inflation hedges they were supposed to be
You may want to consider selling your inflation hedges. This coming Thursday’s report on the Consumer Price Index is projected to show U.S. inflation continuing its recent moderating trend (to Read more
Bitcoin, Ether fall sharply on as token linked to FTX takes a sharp tumble
The price of bitcoin fell below $20,000 for the first time in nearly four weeks on Tuesday, with Ether also under pressure as a token linked to crypto exchange FTX Read more
Tensions rise between crypto exchanges Binance and FTX. What it means for the market.
Some investors are concerned that tensions between major crypto exchanges Binance and FTX could weigh on the digital asset market, which has already suffered from price mayhem this year. Binance Read more
Fidelity launches waitlist to offer crypto trading to retail investors and why aren’t more financial products meeting the needs of Latinos in the U.S.?
Hi, MarketWatchers. Don’t miss these top stories. Fidelity launches waitlist to offer crypto trading to retail investors Fidelity Crypto has opened up an early access waitlist for retail investors who Read more
Coinbase prepares for likely worse 2023, Q3 revenue drops more than 50%
Coinbase Global Inc. late Thursday reported a wider quarterly loss and a 54% drop in revenue, saying the headwinds for its business will continue and likely intensify next year. Coinbase Read more
Why U.S. midterm election matters to crypto, and how
Hello, welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch. I’ll walk you through the latest and Read more
Coinbase prepares for likely worse 2023, Q3 revenue drops more than 50%
Coinbase Global Inc. late Thursday reported a wider quarterly loss and a 54% drop in revenue, saying the headwinds for its business will continue and likely intensify next year. Coinbase Read more
Fidelity launches waitlist to offer crypto trading to retail investors
Fidelity Crypto has opened up an early access waitlist for retail investors who want to trade bitcoin BTCUSD, +0.38% and ethereum ETHE, +1.99%. Fidelity Digital Assets already lets institutional clients Read more
Threat of higher ‘peak’ rate above 5% from Fed in 2023 reverberates across markets
Financial markets on Thursday were absorbing the realization of how high Federal Reserve policy makers are willing to push interest rates, even if the issue of how long borrowing costs Read more