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Stocks making the biggest moves midday: Hertz, Ford, Keurig Dr Pepper and more

Check out the companies making the biggest moves midday: Hertz — Shares of the rental car company jumped 4.42% after…

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FTX in talks to raise up to $1 billion at valuation of about $32 billion, in-line with prior round

Sam Bankman-Fried speaks onstage during the first annual Moonlight Gala benefitting CARE – Children With Special Needs at Casa Cipriani…

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Bitcoin drops 5% to its lowest level in 3 months as risk assets continue to get crushed

Ether has hugely outperformed bitcoin since both cryptocurrencies formed a bottom in June 2022. Ether’s superior gains have come as…

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How crypto billionaire Sam Bankman-Fried survived the market wreckage and still expanded his empire

FTX CEO Sam Bankman-Fried has been shopping for bargains amid the industry’s recent carnage and said he still has cash…

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Bitcoin drops below $20,000 to lowest level since mid-July as investors dump risk assets

Bankruptcy filings from Celsius and Voyager have raised questions about what happens to investors’ crypto when a platform fails. Rafael…

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Ether surges to a two-month high after ethereum inches closer to long-awaited upgrade

Omar Marques | LightRocket | Getty Images Ether soared to a two-month high after developers successfully completed a final dress…

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What ‘crypto winter?’ Schwab launches ETF giving investors significant cryptocurrency exposure

Investors have a new way to buy cryptocurrencies. Schwab Asset Management released its Schwab Crypto Thematic ETF (STCE) this month…

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Binance raises $500 million fund to invest in ‘Web3’ as crypto slides into bear market

Binance is the world’s biggest cryptocurrency exchange, handling $490 billion of spot trading volumes in March 2022. Akio Kon |…

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Terra backers vote to revive luna — but not UST — after $60 billion crypto collapse

The UST stablecoin plunged below its intended $1 peg in May, causing panic in the crypto market. Gabby Jones |…

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Christine Lagarde says crypto is worth nothing

The European Central Bank is exploring whether to issue its own digital alternative to cash. Olivier Matthys | AFP |…

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