Cardano (CRYPTO: ADA) founder Charles Hoskinson debunked the idea that cryptocurrency was to blame for the banking crisis, going so far as to say that digital assets have become an "escape valve" for those affected.
Bitcoin (CRYPTO: BTC) traded lower, with the cryptocurrency prices falling below the key $25,000 level on Wednesday.
Ethereum (CRYPTO: ETH) also moved lower, falling below the $1,700 mark this morning.
New York Attorney General Letitia James filed a lawsuit Thursday against KuCoin, a virtual currency trading platform, for allegedly operating without proper licensure and registration as a securities and commodities broker-dealer.
While cryptocurrencies are no stranger to sudden market movements and volatility, the latest market shake-up has left many in the industry reeling.
A large red bar appeared on trading charts of major cryptocurrencies on Friday, with their values plummeting by hundreds of millions of dollars within hours.
Charles Hoskinson, the co-founder of Cardano (CRYPTO: ADA), shared his thoughts on Monday on why U.S. regulators have been cracking down on cryptocurrencies.
Trader, podcaster, and Bitcoin (CRYPTO: BTC) evangelist Max Keiser says that the world’s largest digital currency has bottomed out in this cycle and is well on its way to crossing the $220,000 price point.