Financial News

Nexchain sparks debate in the best crypto presale market as Testnet growth accelerates, challenging major names in crypto presales including Mono Protocol.

China's central bank has vowed crackdown on virtual currencies, triggering a tumble in Hong Kong-listed stocks with cryptocurrency-related businesses.

SHANGHAI: Hong Kong-listed stocks with businesses related to stablecoins tumbled on Monday, after China's central bank vowed to crack down on virtual currencies and flagged stablecoin concerns. Read full story

SHANGHAI, Dec 1 — Hong Kong-listed stocks with cryptocurrency-related businesses tumbled on Monday after China&rsq...

China's central bank has vowed crackdown on virtual currencies, triggering a tumble in Hong Kong-listed stocks with cryptocurrency-related businesses.

China's central bank has vowed crackdown on virtual currencies, triggering a tumble in Hong Kong-listed stocks with cryptocurrency-related businesses.

Cryptocurrencies fell sharply on Monday, bringing fresh momentum to a wide-ranging selloff that appeared to have settled.

The cryptocurrency market is witnessing a major correction, with Bitcoin falling sharply in early Asia trading.

Hong Kong-listed stocks with businesses related to stablecoins tumbled on Monday, after China's central bank vowed to crack down on virtual currencies and flagged stablecoin concerns.

Traders watching US$80,000 on Bitcoin as the next key support level.

The declines follow a weeks-long cryptocurrency selloff that started in early October after US$19 billion in leveraged positions were liquidated.

The crypto market is on shaky ground after a weeks-long selloff that began when some $19 billion in levered bets were wiped out in early October, just days after Bitcoin set an all-time high of $126,251.