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.

Asset management firm One River sought to list on the NYSE Arca exchange, but the Securities and Exchange Commission ruled the ETF did not meet standards

The Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.

The TerraUSD stablecoin crash has prompted some analysts to warn of a long ‘’crypto winter’’ of sustained price falls. Others say it's only a temporary setback

The fund outperformed all other actively managed US equities in 2020 on the strength of its portfolio of companies such as Zoom Video Communications and Teladoc Health

Bitcoin has lost 15% of its value in the past five days, is off 21.2% over the past month, and has plunged 29.4% so far this year.