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The Latest Breaking News on Crypto

Bitcoin Steady On Thanksgiving; Ethereum, Dogecoin, XRP Dip: Analyst Zeroes In On 'Support That Matters' For BTC

Leading cryptocurrencies paused on Thanksgiving as trading volumes eased over the holiday break.

Benzinga

Bitcoin Rises To $91,500, Brazilian Stocks Hit Record Highs: What's Moving Markets Thursday?

Global markets drifted through a quiet session on Thursday as Wall Street remained shut for Thanksgiving, leaving cryptocurrencies as the day's main source of price action.

Benzinga

S&P Calls Tether 'Weak' — Meanwhile It's Buying More Gold Than Central Banks

Tether (CRYPTO: USDT) just got slapped with the lowest possible stability score from SP Global — and in the same breath, it's quietly buying more gold than sovereign nations. Only in crypto does the market's bedrock stablecoin get labeled structurally fragile the very week it starts stockpiling bullion like a…

Benzinga

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Bitcoin Surges After Cramer's Bearish Call — Inverse-Cramer Strikes Again

Bitcoin (CRYPTO: BTC) just delivered another chapter in the long-running Wall Street meme that refuses to die: when Jim Cramer turns bearish, traders pile in the other way. Days after Cramer publicly warned on CNBC that the recent bounce in crypto "makes no sense" and flagged fragility in leveraged positioning,…

Benzinga

South Korean crypto exchange Upbit reports $30 million theft — hack discovered hours after country’s largest search engine announced $10 billion acquisition of crypto platform's parent company

The largest South Korean crypto platform was hit by a hack just hours after a massive deal to acquire it was announced.

Tom’s Hardware

Tether CEO Paolo Ardoino Slams Traditional Rating Agencies After S&P Downgrades Its Dollar Peg Ability

Paolo Ardoino, the CEO of Tether (CRYPTO: USDT), questioned on Wednesday the methodologies adopted by traditional rating agencies after the SP downgraded the stablecoin issuer’s stability rating.

Benzinga

Michael Saylor Says Bitcoin's Volatility Is A Feature, Not A Bug: Warren Buffett 'Would Own All Of It' If It Wasn't Volatile

Michael Saylor, Executive Chairman of Strategy Inc. (NASDAQ:MSTR), said on Wednesday that Bitcoin’s (CRYPTO: BTC) volatility is a feature, not a bug, and is crucial for its “high performance.”

Benzinga

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Anthony Scaramucci Cheers JPMorgan's New Bitcoin-Linked Offering, Says Market Is Missing Scale Of The 'Huge' Milestone

Anthony Scaramucci, the founder of SkyBridge Capital, highlighted on Wednesday the significance of JPMorgan Chase Co.'s (NYSE:JPM) move to offer a Bitcoin (CRYPTO: BTC)-backed bond.

Benzinga

Bitcoin, Ethereum, XRP, Dogecoin Rally Ahead Of Thanksgiving: Analyst Notes BTC Holding A 'Crucial Level' And Looking To Attack The Highs

Leading cryptocurrencies rallied alongside stocks on Wednesday, as investors shifted to risk-taking ahead of Thanksgiving festivities.

Benzinga

Bitcoin, Ethereum, Dogecoin Are Down Since Last Thanksgiving: Prepare For Some Awkward Dinner-Table Questions

The Thanksgiving Day holiday brings many families together and also invites topics among family members. One topic of conversation that has likely increased in recent years is the potential for investing in cryptocurrency.

Benzinga

Crypto's Biggest Risk Is Not Volatility

Chainalysis estimates that hackers stole about 2.2 billion dollars in crypto in 2024 alone, a 21 percent increase over the previous year, and notes that this was the fourth year in a row that hacking losses stayed above 1 billion dollars.

International Business Times

XRP Rebounds Above $2.20: Does Technical Analysis Support A Rally?

XRP (CRYPTO: XRP) rebounded 2% after tagging an important support level, with derivatives traders trying to push the price higher.

Benzinga

Grayscale Dogecoin ETF Logs The First $1.8M Inflow As Bitwise Launches Rival DOGE ETF

Bitwise launched its new Dogecoin (CRYPTO: DOGE) ETF on Wednesday, while Grayscale's Dogecoin ETF (NYSE:GDOG) finally posted $1.80 million in inflows after a flat debut.

Benzinga

Legendary Short Seller Jim Chanos Just Closed His MSTR Trade—And Here's Why That Matters

Veteran short seller Jim Chanos disclosed on Nov. 8 that his firm exited its hedged trade on Strategy (NASDAQ:MSTR), unwinding a position that had been closely watched by cryptocurrency and equity market participants.

Benzinga

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Benzinga

ETF Expert Blasts Faulty Bitcoin Outflow Chart As 'Way Off' But IBIT's Slide Toward $43 Is Very Real

Bitcoin (CRYPTO: BTC) ETF traders are watching BlackRock's iShares Bitcoin Trust (NASDAQ:IBIT) slip toward the $43 support zone as fresh debate erupts over how November's outflows are being portrayed across social platforms.

Benzinga

Bitmine Immersion Technologies (BMNR) Stock Surges: What's Going On?

Shares of Bitmine Immersion Technologies Inc (NYSE:BMNR) are trading higher Wednesday morning, hovering near $30, as the company aggressively expands its cryptocurrency treasury amid market volatility. Here’s what investors need to know.

Benzinga

$6 Billion Meltdown: The Crypto ETF Crash Wall Street Didn't See Coming

U.S. spot crypto-ETFs, particularly those loaded with Bitcoin (CRYPTO: BTC), are experiencing one of their largest drawdowns on record, with billions of dollars shaved from fund flows in just a few weeks.

Benzinga

Nasdaq Deepens Regtech Alliance With Revolut

Nasdaq, Inc. (NASDAQ:NDAQ) stock traded mostly in a flat range on Wednesday after announcing it expanded its regulatory technology partnership with global fintech Revolut.

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International Business Times UK

You Can Sense the SEC Warming to Crypto as Tokenization Hits the Agenda for December

The SEC meets 4 December on tokenising stocks. Chairman Atkins argues digital assets can mature out of oversight as industry executives explain how it works.

International Business Times UK

Tortured for $1.6M Bitcoin: Parents Waterboarded as Daughter Was Forced to Strip Naked

A British Columbia family was targeted in a 13-hour home invasion, where they were waterboarded and their daughter was forced to strip naked, losing $1.6M in Bitcoin.

International Business Times UK

$1.93B Thanksgiving Crypto Crash: 396,000 Traders Liquidated; Huang, Gunden, Trump Among Casualties

A $1.93 billion crypto crash liquidated 396,000 traders. Jeffrey Huang and the Trump family face heavy losses, while Bitcoin whale Owen Gunden exits with $1.3B before the downturn.

Benzinga

Mohamed El-Erian Argues Bitcoin's Drop Is Due To Flight of Speculative 'Tourist' Investors, But This Analyst Says It's 'Not the End of the World'

Economist Mohamed El-Erian said on Tuesday that Bitcoin (CRYPTO: BTC) is still dominated by “tourist” investors who fuel short-term price swings, pointing to the heavy outflows from the iShares Bitcoin Trust ETF (NASDAQ:IBIT).

Benzinga

CleanSpark Executive Says Company Will Keep Buying Bitcoin But Is 'Very Strategic' About It: 'We're Not Ideological'

CleanSpark Inc. (NASDAQ:CLSK) President and Chief Financial Officer Gary Vecchiarelli said on Tuesday that the company has a flexible approach to its Bitcoin (CRYPTO: BTC) holdings, emphasizing strategic management over any “ideology.”

Benzinga

Trump Administration Is 'Built Different,' Says Polymarket CEO Shayne Coplan After Prediction Market Gets Green Light: 'Quiet Before The Storm'

Polymarket founder and CEO Shayne Coplan announced on Tuesday that the prediction market platform has received approval from the Commodity Futures Trading Commission for intermediated trading in the U.S.

Benzinga

Bitcoin, Ethereum, Dogecoin Consolidate, While XRP Dips: Popular Analyst Spots 'Bearish' Flag On BTC Chart, Says Drop To $79,000 Possible

Leading cryptocurrencies traded sideways, while stocks climbed higher on Tuesday as optimism grew over a potential interest rate cut in December.

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