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This Week In Coins: Wipeout for Bitcoin, Ethereum, Solana, Dogecoin, Almost Everything Else
This week in coins. Illustration by Mitchell Preffer for Decrypt. Global crypto markets fell 8.5% overnight. That’s right: in 24 hours, the total market capitalization of cryptocurrencies across the globe plunged down to $1.63 trillion. […]
Fed Chair Powell Calls for Congressional Action on Crypto Amid Ukraine, Russia Conflict
Federal Reserve Chairman Jerome Powell today reiterated his view that there is a growing need for cryptocurrency regulations during a testimony before the House Financial Services Committee. He said recent events in Ukraine have “underscored […]
Stablecoin Provider Circle Hits $9B Valuation After New SPAC Deal
In roughly six months, Circle has essentially doubled its valuation. Announced today, Circle’s $9 billion valuation comes after the firm announced new terms with the special-purpose acquisition corporation (SPAC) Concord Acquisition Corp. A SPAC, sometimes […]
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