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Bitcoin slumped below $27,000 Thursday for the first time in over 16 months as cryptocurrency markets extended their losses. Source

Controversial stablecoin UST — which is meant to be pegged to the dollar — plummets below 40 cents

UST, a so-called stablecoin that's meant to maintain a $1 peg, was trading at just 35 cents Wednesday. Source link

Bitcoin declined to $33,454.57 on Sunday, according to Coin Metrics, following a major stock sell-off in the U.S. last week.

The whole process behind cryptocurrency mining is underpinned by something known as "proof of work." And it uses up an

Finance professionals, athletes and celebrities choose their favorite names in the annual stock-picking competition. Source link

Russia is the world's third-biggest bitcoin mining hub, according to Cambridge University data. Source link

"Tribalism" around bitcoin and other cryptocurrencies is holding back the entire $2 trillion market, Ripple CEO Brad Garlinghouse has said.

Ronin Network said in a blog post on Tuesday that it lost around $615 million in USDC and ethereum. Source

Independent Strategy's David Roche isn't convinced cryptocurrencies are a viable investment for now. Source link