Crash


Markets

Crypto Traders Suffer $320M Losses in Liquidations as SEC Lawsuit Against Binance Spurs Market Plunge

Cryptocurrency prices nosedived Monday as the U.S. Securities and Exchange Commission (SEC) sued the crypto exchange and its chief executive for multiple federal securities law violations.

(Getty Images)

Markets

Crypto Traders Suffer Over $300M of Losses in Liquidations Amid Market Crash

The largest long liquidation in at least a month suggests Thursday’s crash in crypto prices has caught traders off-guard. Bitcoin traders suffered the most losses, some $112 million in the past 24 hours, while ether liquidations surpassed $73 million, per data from CoinGlass.

(DALL-E/CoinDesk)

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Black Thursdays: Bitcoin's 5 Worst Crashes

Oct. 24, 1929, (aka “Black Thursday”) is infamous in stock market history. As part of CoinDesk's Trading Week, we are taking a look back at some of the worst crashes in crypto history.

A crowd gathers outside the New York Stock Exchange following the Crash of 1929. (Library of Congress)

Markets

How Financial Advisors Should Think About the Crypto Crash

Billions of dollars have just been erased from the crypto market, but that shouldn’t spook FAs.

Bitcoin plunges below $20K (OGNYAN CHOBANOV/Getty Images)

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