Bitcoin crash: These three metrics show how bad the carnage is, and what to expect next

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’ll walk you through what’s going on in the current bear market. As usual, find me on Twitter at @FrancesYue_ to send feedback, or tell us what you think we should cover. You can also reach me through email … Read more

‘I thought it was a sick joke’: They gave up other job offers to work for Coinbase, and are now unemployed

When Hao Jia received an email from Coinbase that his job offer had been rescinded, he was on his way to watch “Top Gun: Maverick,” the blockbuster movie starring Tom Cruise. Jia’s girlfriend had asked him to watch it for her because she was in China, where the film has not been released, and she … Read more

Ethereum close to its major upgrade, but why has it fallen more than bitcoin?

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m writing it in the heat of Austin, TX, where Consensus, a multi-day crypto conference kicked off today. As usual, find me on Twitter at @FrancesYue_ to send feedback, or tell us what you think we should cover. Crypto … Read more

Bitcoin’s ‘decoupling’ from stocks? Here’s why it will, or will not happen

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest and greatest in digital assets this week so far. Find me on Twitter at @FrancesYue_ to send feedback, or tell us what you think we … Read more

Ethereum could ‘take over everything’, and there won’t be a multi-chain future, says EY’s blockchain leader

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest and greatest in digital assets this week so far. Find me on Twitter at @FrancesYue_ to send feedback, or tell us what you think we … Read more

Crypto Might Have an Insider Trading Problem

Public data suggests that several anonymous crypto investors profited from inside knowledge of when tokens would be listed on exchanges. Over six days last August, one crypto wallet amassed a stake of $360,000 worth of Gnosis coins, a token tied to an effort to build blockchain-based prediction markets. On the seventh day, Binance—the world’s largest … Read more

Bitcoin records 7 consecutive weeks of losses. Could it turn around?

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest and greatest in digital assets this week so far. Find me on Twitter at @FrancesYue_ to send feedback, or tell us what you think we … Read more

Crypto crash? What investors need to know about Luna, Tether, and bitcoin

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch. Find me on Twitter at @FrancesYue_ to send feedback or tell us what you think we should cover. It has been what some called a “very dark” week for crypto, with stablecoin … Read more

Dow sheds 300 points in choppy trade as S&P 500 teeters on brink of bear market

US stocks fell Thursday, failing to stabilize amid a broad-based selloff that’s sent stocks to their lowest levels in more than a year, with the S&P 500 nearing bear-market territory. What’s happening The Dow Jones Industrial Average DJIA, -1.17% fell 306 points, or 1%, to 31,526. The S&P 500 SPX, -1.04% was down 31 points, … Read more

Opinion: You can now use bitcoin to pay college tuition — but should you?

Coming soon? Nah, it’s already here: you can pay for college tuition with bitcoin. Bentley University, a small business-focused private university outside Boston, now lets undergrads pay with bitcoin, BTCUSD, -4.51% Ethereum ETHUSD, -5.08% and the USD stablecoin USDTUSD, -0.14%. The University of Pennsylvania’s Wharton School of Business accepts crypto for its $3,800 six-week Economics … Read more