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Browsing: Sinks
Federal prosecutors in Manhattan just charged two former Robinhood engineers over crypto trades, and the fallout is already hitting brokerages that had nothing to do with it.
American traders are apparently sitting this one out. A key gauge of Coinbase Bitcoin demand — the Coinbase Premium Index — has slid to its lowest level in roughly a month, sinking deep into negative territory just as Bitcoin hovered near the $75,600 to $75,800 range. The move suggests that whatever US buyers were doing…
XRP led a broad crypto sell-off on Wednesday as the failure of the CLARITY Act in the U.S. Senate added fresh regulatory uncertainty to an already weak market.