Cryptocurrencies are still reeling from a brutal 2022 but the overall global crypto market cap has risen 5% to $871 billion since January 1

Tesla’s second-quarter net profit fell 32% to $2.26 billion compared with the previous quarter. Total revenue fell to $16.93 billion from $18.76 billion in the previous quarter

The regulator has rejected more than a dozen proposals for spot bitcoin ETFs over the past year, with much of its focus on the lack of any "surveillance-sharing agreements"

Recent crypto chaos proof that Beijing’s ban on cryptocurrency trading was justified, says Chinese state-run newspaper The Economic Daily

Energy consumption on the bitcoin blockchain network has declined by up to 35% amid a meltdown in the value of the cryptocurrency, Mint reported, citing trackers of crypto energy usage

Moody's placed its ratings on review for further downgrades, saying Thursday's move "reflects Coinbase’s substantially weaker revenue and cashflow generation"

The crypto lender said it carried out an emergency assessment of its business operations to determine the company's liquidity status.

The crypto sector was fearful on Monday as investors worried that contagion from problems linked to several large crypto players may lead to a major shakeout if not contained.

CBDCs such as China's digital yuan (e-CNY) are centralised by design and don't need a decentralised ledger, such as in the case of bitcoin

The biggest cryptocurrency is down about 32% over the past month and almost 60% this year

The world's largest cryptocurrency was trading at $22,338.49 on Thursday in Asia, according to Coinbase, after falling to $20,079.72, its lowest level since December 2020

Falling values could turn into a vicious downward selling spiral as buyers willing to provide price support evaporate.