Here’s How the Archegos Debacle May Have Spilled Over to Bitcoin
The difference between bitcoin futures premium on CME and other crypto exchanges has widened since the end of March, when Bill Hwang’s troubles surfaced.
The U.S. Securities and Exchange Commission (SEC) sent out a second note to investors urging to reevaluate bitcoin futures-focused funds.
Interactive Brokers Chairman and CEO Thomas Peterffy announced the company will begin trading cryptocurrencies “by the end of the summer."
Bitcoin has quadrupled in price since the last time Goldman's consumer division declared bitcoin not "suitable" for clients.
“We continue to closely and actively follow developments around cryptocurrencies,” said Wells Fargo CEO Charles Scharf in a statement.
Stocks drop on lingering inflation scare. Bitcoin fails to draw hedging bids.