btc


Videos

Bitcoin Slumps Below $28K; Genesis, FTX Strike Deal for $175M Bankruptcy Claim

“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as bitcoin (BTC) trades below $28,000. FTX’s Alameda Research strikes a deal with bankrupt crypto company Genesis, according to new court filings. Valkyrie Digital Assets is doubling down on ether futures products. And, a closer look at where is PayPal pressing pause on crypto transactions.

CoinDesk placeholder image

Markets

Altcoin Plunge Leads Crypto Lower; Bitcoin Slips 0.7% to $29,150

Traditional markets fell sharply as well, with the major U.S. stock indexes shedding more than 1% on Tuesday.

Bitcoin plunges below $40K (Eva Blue/Unsplash)