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Edited by Sheldon Reback. CoinDesk's Omkar Godbole contributed reporting.
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| Cliq crypto where to buy | Crypto evangelists have long hoped that the independent nature of crypto would make it resistant to inflation and crises. And when that happens, it tends to create a coupling between traditional markets and the crypto market. The dramatic pullback in bitcoin and other cryptocurrencies comes as a flurry of negative headlines and catalysts, from Tesla CEO Elon Musk to a new round of regulations by the Chinese government, have hit an asset sector that has been characterized by extreme volatility since it was created. Home U. CoinDesk operates as an independent subsidiary, and an editorial committee, chaired by a former editor-in-chief of The Wall Street Journal, is being formed to support journalistic integrity. Galaxy Digital's Novogratz on bitcoin's plunge: These are setbacks for investor base. |
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| Encryption in cryptocurrency | All Rights Reserved. TIME may receive compensation for some links to products and services on this website. Coinbase , a cryptocurrency exchange company, went public through a direct listing in mid-April. Tech and growth stocks, many of which outperformed the broader market dramatically during the coronavirus pandemic , have also struggled in recent weeks. China, which is developing its own government-run cryptocurrency, reasserted its rules against other digital currencies on Tuesday, banning financial companies from providing services for crypto trading. Also in the mix: a so-called long squeeze. |
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