Cryptocurrencies fell on Wednesday after a news report that automated trading programs could be manipulating the price of digital coins.
Automated trading programs are manipulating digital currency prices, according to a Wall Street Journal (WSJ) report on Tuesday.
Honda Motor Co Ltd will invest $2.75 billion (2.11 billion pounds) in General Motors (NYSE:GM) Co's Cruise Automation, the second outside multibillion-dollar commitment to the self-driving vehicle unit this year and an affirmation of the U.S. automaker's strategy for the emerging technology.
Cryptocurrencies gained ground on Wednesday, as Google (NASDAQ:GOOGL) moved to partially reverse its ban on digital currency ads.
Circle Internet Financial Ltd. is joining the controversial world of stable coins.