“There is no reason to treat the crypto market differently from the rest of the capital markets just because it uses a different technology” – SEC chief Gary Gensler

““We can do without the idea that crypto loans are not subject to regulation. On the contrary, the rules have existed for decades. The platforms do not follow them.” — Gary Gensler, Securities and Exchange Commission What do automakers have to do with crypto lending platforms? Consumers and investors deserve protection: That’s true for both … Read more

“There is no reason to treat the crypto market differently from the rest of the capital markets just because it uses a different technology” – SEC Chairman Gensler

“We can do without the idea that crypto loans are not subject to regulation. On the contrary, the rules have existed for decades. The platforms do not follow them. ” — US SEC Chairman Gary Gensler What do automakers have to do with crypto lending platforms? Consumers and investors deserve protection, that’s true for both … Read more

Opinion: 3 Reasons Crypto Doesn’t Belong in Your Retirement Account—Yet

Anyone who followed Matt Damon’s advice that “fortune favors the brave” during the Super Bowl and invested $1,000 in the crypto markets has seen staggering losses, with the value of those assets dropping more than 60%. This small slice of activity in the crypto markets demonstrates two major problems with this new asset class: its … Read more

The return of crypto bulls? These are the factors that drive institutional interest

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that arrives in your inbox every Thursday. I’m Frances Yue, Cryptocurrency Reporter at MarketWatch, and I’ll walk you through the latest in the digital asset market. Find me on Twitter at @francesyue_ to provide feedback or tell us what you think we should cover. You … Read more

Dogecoin, Shiba Inu outperform bitcoin and ether. Is it a good time to bet on meme coins?

As cryptocurrencies rebounded from the lows of June this year, meme coins have outperformed bitcoin and ether over the past few days, leading some investors to question whether risk plays have turned favorable again. Dogecoin DOGEUSD, +10.75% jumped 16.3% and another Shiba Inu dog-themed token SHIBUSD, 3.52 advanced 32.7% over the past seven days, though … Read more

Coinbase looks like a meme stock. Be careful, shorts.

text size Coinbase is in a tug of war between crypto bulls and bears. Samyukta Lakshmi/Bloomberg world coinbase operates as a side bet on Bitcoin. Lately, however, the cryptocurrency brokerage firm’s stock has added meme stock volatility to the mix, taking a cue from the likes of gamestop Y AMC Entertainment . Consider the frenetic … Read more

Venture Capitalists Pour Billions Into Crypto Despite Bitcoin’s Worst Quarter Ever

Bitcoin may have hit its worst quarter in over 10 years, but venture capital doesn’t care, and private money is piling into crypto at a dizzying, historic rate. The 2020-2021 Bitcoin bull run saw prices go from $10,000 in September 2020 to nearly $69,000 in November 2021, kicking off a new round of private money … Read more

Yes, you can buy a car with crypto: this is how

Whether you think crypto is just a fad or the future of finance, it is a fascinating technology. You probably made your last car purchase with boring old dollars, but maybe your next one will be with a digital currency. If you are wondering if you can buy a car with cryptocurrencies, you are in … Read more

Coinbase earnings have Wall Street wondering if the cryptocurrency company is too bullish or misunderstood

Coinbase Global Inc. executives remain optimistic about the long-term promise of their cryptocurrency platform, but admitted on Tuesday that current challenges in the cryptocurrency market are likely to persist. After posting a $1.1 billion loss last quarter amid declining volumes and active user counts, Coinbase COIN, +6.15% projected that monthly transaction volumes and users could … Read more

Coinbase Execs See Crypto Winter Continues, Stocks Fall After Earnings Show $1.09B Net Loss

Shares of Coinbase Global Inc. fell 5% in after-hours trading on Tuesday after the cryptocurrency exchange said volumes and monthly user counts could be lower in the current quarter than seen in the latter as “soft” crypto market activity continues. The company posted a net loss of $1.09 billion, or $4.98 per share, while it … Read more