The crypto mining sector is posting the largest gains in Monday trading.

The cut to hold by the formerly bullish analyst team comes after the stock has suffered a 67% year-over-year decline.

The exchange has staying power due to its healthy balance sheet, a proactive approach to regulatory compliance, sensible risk management and legitimacy as a public company, the report said.

Even though 2022 was a bear market, it was an eventful year for all facets of the crypto industry.

The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 9, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto

The “seized assets constitute property involved in violations” of crimes such as money laundering and wire fraud the document outlined.

New York-based Metropolitan Commercial Bank (MCB) is to end its cryptocurrency offering, citing recent developments in the crypto industry.

Since mid-December, bitcoin had failed to finish a trading day (universal coordinated time or UTC basis) over $17,000, and now analysts wonder if the largest cryptocurrency has formed a market

Officials with the U.S. Department of Justice’s Eastern District of New York and the Securities and Exchange Commission are examining transfers between Digital Currency Group and Genesis, one of its

CEO John Crain said the company overhired during the market upswing and could not sustain its growth in recent months.