Bitcoin (BTC) passed through the $21,000 level in European afternoon hours, adding to a steady recovery since last weekend’s plunge to almost $18,000. Current levels have acted as a resistance zone for the largest cryptocurrency by market cap, and a recovery above $21,000 could see the asset surge to $22,600.

This is an excerpt from Deal Flow, Forbes’ twice-weekly newsletter about the latest billion-dollar deals from venture capital, private equity, M&A and beyond. Want a new edition in your inbox as soon as it comes out? Subscribe here. The crypto market is looking awfully wintry these days. Bitcoin is down more than 70% from last

Hackers seized a blockchain bridge developed by Harmony and swindled roughly $100 million in cryptocurrency, the company announced.Blockchain functions as a decentralized ledger, a record of transactions that is publicly available and verifiable but not maintained by any one person, making it useful for tracking digital currency.

By Corrie Driebusch and Paul VignaJune 18, 2022 12:00 am ETOn Super Bowl Sunday, a Crypto.com ad featuring billionaire NBA star LeBron James lit up millions of Americans’ TVs. “If you want to make history, you gotta call your own shots,” Mr. James said in the 30-second spot for the popular cryptocurrency-trading platform.

Largest cryptocurrency falls as much as 4.8 percent in Asia as a period of volatility continues.Bitcoin struggled to hold above the closely-watched $20,000 level, extending a period of marked volatility that saw huge weekend swings. The largest cryptocurrency fell as much as 4.8% to $19,618 on Monday in Asia and was trading at $20,036

Another controversial cryptocurrency is causing havoc in the digital asset market — and this time, it’s not a stablecoin.
Staked ether, or stETH, is a token that’s supposed to be worth the same as ether. But for the past few weeks, it has been trading at a widening discount to the second-biggest cryptocurrency, fanning the flames of a liquidity crisis in the crypto market.