OAKLAND, California — The price of a bitcoin inched above $20,000 on Sunday after the broader crypto selloff dragged it below the significant psychological threshold a day earlier. The price of the world’s most popular cryptocurrency was $20,129.70 as of Sunday afternoon. On Saturday, bitcoin had plunged as much as 9.7% to less than $18,600 … Read more
Bitcoin snapped a 12-day slide, bouncing along with the rest of the cryptocurrency market after a record-breaking string of declines. Analysts cautioned the respite may be brief. The world’s largest cryptocurrency climbed as much as 12% early Sunday, recouping much of its losses from a steep drop Saturday that sent the token to as low … Read more
NEW YORK (AP) — Bitcoin fell below the psychologically important threshold of $20,000 on Saturday for the first time since late 2020, in a fresh sign that the selloff in cryptocurrencies is deepening. The price of the most popular cryptocurrency had plunged as much as 9.7% to less than $18,600 by late afternoon on the … Read more
Coinbase is laying off almost a fifth of its workforce amid a collapse in its stock and crypto prices. The cryptocurrency exchange will cut 18% of full-time jobs, according to an email sent to employees Tuesday morning. Coinbase has roughly 5,000 full-time workers, translating to a head count reduction of around 1,100 people. Shares of … Read more