It's been a mixed day for stocks in the US, with some losses but also some gains, as investors try to make sense of recent comments from the Federal Reserve and new data from ADP. Meanwhile, crypto companies are making headlines for a variety of reasons. Crypto.com is being sued for attempting to recover a $10.5 million refund it gave to a woman, while Sam Bankman-Fried is speaking out about the mixed results of his recent bailouts of sputtering crypto firms. And as Bitcoin's price fluctuates, there is debate about whether now is a good time to buy Bitcoin mining stocks.
Bitcoin Claws Back Above $20K; Stocks Extend Losses to 4th Straight Session
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Outline
- Crypto.com refunded a woman's $10.5 million purchase, but now wants the money back
- US stocks trade mixed, with investors assessing new Fed comments and the ADP report
- Sam Bankman-Fried says his bailouts of sputtering crypto firms were snap judgments, with mixed results
- US stocks extend losses to a fourth straight session as the summer rally fizzles to end the month
- Goldman Sachs' Marcus has halted aggressive hiring plans as it mulls a sharp pivot in its consumer-banking ambitions
- Is now a good time to buy bitcoin mining stocks?
- How Fed watchers are interpreting the bitcoin narrative
- Is now the time to start investing in speculative altcoins?
- Love dividends? Try staking your cryptocurrency
- Why VC Jocelyn Cheng, the CEO of Luno Expeditions, believes the next big opportunities for crypto are in Kenya, Nigeria, and other emerging markets
- Former MicroStrategy billionaire Michael Saylor sued over alleged tax fraud
- InnovationRx: FDA greenlights Omicron boosters; plus: biotech's cash cushion
- Three ways how blockchain technology is already changing the lives of thousands of workers in emerging countries
- More volatility ahead for bitcoin as Federal Reserve keeps quiet
- Ether futures see unusually high liquidations as funding rates point to bearish sentiment
- First mover Americas: a bleak month for crypto as bitcoin slides, ether stalls and Solana tanks
- Bitcoin miners' profitability may narrow as mining difficulty hits second-biggest increase this year
- EU lawmakers vote down green crypto mining study
- Market wrap: bitcoin's price rises amid uncertainty
- First mover Asia: bitcoin claws back above $20K; Singapore bank head’s speech reflects growing crypto hostility
- District of Columbia suing MicroStrategy founder Michael Saylor for tax fraud
- Binance froze Russian gun maker's crypto assets, likely at Ukraine’s request
- FASB crypto accounting review won’t include NFTs, certain stablecoins: report
- The SEC provides more regulatory clarity
- Credit Suisse held $31M in ‘digital assets’ for clients last quarter
- Paraguay’s president vetoes bill that would regulate crypto mining and trading
- As the gun market moves to crypto, deeply private owners reveal more than they may know
- Can crypto save the cannabis industry?
- We’re in a bull market for off-chain bitcoin