What's going on with the crypto crash?

The crypto crash has been fairly widespread. Bitcoin and ethereum are the flagship prices that generally signal the overall health of the industry. Since January, bitcoin has fallen as much as 60 per cent, and is currently trading at about $US23,000.

Who is Soros Fund Management investing in?

This month, Soros Fund Management has invested in crypto data provider Lukka and bitcoin financial services company NYDIG. "When it comes to crypto generally, I think we're at a really important moment in time.

What happened to bitcoin & other cryptocurrencies?

The threat of increased regulation triggered a panic, and bitcoin plunged before rebounding slightly and leveling off. Other cryptocurrencies also tanked: Ethereum fell more than 40%, while dogecoin and binance lost around 30%. By Thursday, bitcoin had recouped some losses and was back above $41,000.

What happened to cryptocurrencies in China?

Other cryptocurrencies also tanked: Ethereum fell more than 40%, while dogecoin and binance lost around 30%. By Thursday, bitcoin had recouped some losses and was back above $41,000. But a Friday statement from Chinese officials reiterating the need to crack down on cryptos beat bitcoin back down. It was trading around $37,000 on Friday afternoon.