The data doesn't necessarily indicate that the traders are betting on price declines.
“There’s really no protection around fraud or manipulation,” Gensler said in his first public hearing since taking the reins at the agency.
It's the second crypto platform in a week to face troubles in a country that is banning the use of cryptocurrencies for payments.
The crypto exchange reportedly has been subject to a legal complaint by its users alleging that hundreds of millions of dollars had been stolen.
The crypto exchange's shares traded above $400, and then into the low $300s, after starting off at $381.
Slowing bitcoin volume suggests retail traders are less active with their "stimmy" checks compared to 2020.
The stimulus checks are in the mail so it might be too early to call the hyped-up episode a dud.
Retail-dominated Bybit is now a bigger bitcoin futures exchange than CME.
The company's shares jumped 55% after the announcement.
A single large sell order appears to have sent prices for trading contracts on polkadot tumbling from about $33 to 25 cents in less than a minute.
Voyager said it will suspend trading in XRP, effective Monday, Jan. 18, at 12:00 p.m. New York time.
The OKEx drama shows just how immature crypto markets are compared to traditional ones, but it also highlights their overall resilience.
AAX, a Hong Kong-based crypto exchange that uses the London Stock Exchange's matching engine technology, has officially launched.
BHB in China raised $20 million in 2018 touting a three-person team. The only problem? At least two were fake.
Nearly $1 million worth of ether left QuadrigaCX's hot wallet for other cryptocurrency exchanges in December, the same month its CEO reportedly died.