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Markets
Ethereum Drops Below $250 as Price Hits Inflection Point
Eher may be set to head lower. If analysis is any indication, traders may be turning bearish as the market readies to retest July lows.

BTCC to Cease China Trading as Media Warns Closures Could Continue
China-based exchange BTCC has announced it will be closing its doors to domestic trading, while Shanghai media indicates a broader crackdown.

Coinbase Vets Talk New Fund: Want Returns? Think Beyond Bitcoin
Linda Xie's investment fund will leverage lessons learned working at Coinbase about scaling, governance and the importance of tech prowess.

Crypto Is Here to Stay (Whatever Jamie Dimon Might Say)
The JPMorgan CEO's bitcoin comments? They're a symptom of the very problems bitcoin is trying to solve, according to one venture investor.

Russian Minister: It's 'Impossible' to Ignore Cryptocurrencies
A minister in Russia's government said this week that cryptocurrencies and blockchain are "impossible to ignore."

Bitcoin Exchanges Lack Legal Foundation, China Internet Finance Association Says
A self-regulatory body in China focused on online finance has issued a new warning on bitcoin exchange risks.

Correction Not a Crash: Bitcoin Price Eyes $3,000 as Traders Take Profits
Bitcoin's price may be down, but there's not enough evidence to suggest a crash is ahead, chart analysis projects.

Herd on the Street? Bank of America Survey Calls Bitcoin 'Most Crowded Trade'
Money has piled into bitcoin, portending an eventual stampede to sell, according to 26% of fund managers surveyed by Bank of America.

Bitcoin Drops Below $4,000 as Market Turns Uncertain
Bitcoin prices fell below $4,000 Tuesday, a move that comes at a time when traders are uncertain of whether the asset's first-half gains can continue.

Analyst: Cryptocurrency Mining Is Boosting AMD and Nvidia Stock Prices
AMD and Nvidia's work to attract cryptocurrency miners is paying off in the stock market, analyst Jefferies said today.
