Joynese Speller was excited to start a new job as a project delivery specialist for a health care company on June 6. As she wrapped up at her old nonprofit job on a Friday, she emailed her new company to confirm her start time on Monday. Hours later, she got...
Bitcoin plunged to $17,749 and ether fell to $897, as of about 4:15 E.T. on Saturday afternoon, as the sell-off in the crypto market accelerates. The world’s two most popular cryptocurrencies are down more than 35% in the past week, as both breach symbolic price barriers. Bitcoin peaked at $68,789.63...
Companies are showing concerns of a recession, and in the crypto space, many are preparing for a crypto winter. Coinbase is laying off 18% of its workforce, or roughly 1,100 people, according to an email sent to employees Tuesday morning. CEO Brian Armstrong said the company grew “too quickly” during...
The S&P 500 index plunged 23.6% from its closing high on Jan. 4 through June 16. The damage have been broad — on June 16, 97% of stocks in the benchmark index were down, with more than a third dropping at least 5%. A bear market is no fun to...
Bitcoin and and other cryptocurrencies are in free fall. Dan Kitwood | Getty Images The sell-off in cryptocurrencies deepened even further on Wednesday, with bitcoin sinking very close to the key level of $20,000. The price of bitcoin plunged 9% in 24 hours to around $20,208, according to data from...
