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The Latest Breaking News on Crypto

Bitcoin, Ethereum, Dogecoin, XRP Recover As Crypto Sentiment Switches From 'Fear' To 'Neutral:' Analyst Highlights Where BTC May Find Support

Leading cryptocurrencies rallied on Wednesday, despite hawkish Federal Reserve minutes dampening hopes for rate cuts.

Benzinga

SoFi Stock Is Falling Wednesday: What's Driving The Action?

Shares of SoFi Technologies Inc (NASDAQ:SOFI) are falling Wednesday afternoon, swept up in a broader market sell-off impacting technology and growth-oriented stocks.

Benzinga

Bitcoin, Ethereum, XRP Hold Steady As Dogecoin Gains

Cryptocurrency markets are slightly up on Wednesday as markets shift their attention to Fed Chair Powell’s speech at Jackson Hole on Friday.

Benzinga

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Bitcoin Could Go To $175,000 Thanks To Global Retirement Accounts Could Drive, Says Bill Miller IV

Bill Miller IV, chairman and CIO of Miller Value Partners, on Wednesday said even minimal exposure from global retirement accounts could significantly boost Bitcoin's (CRYPTO: BTC) valuation, highlighting what he sees as early but growing institutional interest.

Benzinga

Bitcoin, Ethereum Bounce To $114,000 And $4,300: Was This The Dip?

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) are testing crucial support levels following sharp corrections from recent highs, with traders closely monitoring whether these zones hold or break.

Benzinga

Goldman Sachs Projects Stablecoin Market Could Reach Trillions

Goldman Sachs (NYSE:GS) expects the global stablecoin market to expand into the trillions of dollars in the coming years, a forecast that underscores Treasury Secretary Scott Bessent's efforts to position the sector as a major buyer of US government debt.

Benzinga

Retail Investors Drove Opendoor Up 500%, Now The Party's Over

Opendoor Technologies Inc. (NASDAQ:OPEN) shares sank on Wednesday, extending a sell-off that began after the company’s second-quarter results and the abrupt resignation of CEO Carrie Wheeler. The downturn comes after a two-month, retail-fueled rally that had lifted the stock more than 500%.

Benzinga

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Thailand’s $15B TouristDigiPay scheme will let visitors convert crypto to Baht — 18-month pilot program is engineered to revive slumping tourism in the region

Thailand has launched TouristDigiPay, an 18-month sandbox program letting foreign tourists convert crypto into Baht for local spending. With strict KYC/AML safeguards and 500,000-Baht caps, officials hope the $15B scheme offsets a sharp drop in Chinese visitors and boosts the tourism economy.

Tom’s Hardware

This Litte-Known Plan By The US Treasury Could Derail The Bitcoin, Ethereum Bull Run

The U.S. Treasury's plan to refill its General Account (TGA) with $500–600 billion over the next two months is set to test one of the most fragile liquidity environments in a decade.

Benzinga

Over $500 Million In Outflows From Bitcoin ETFs: What Does It Mean For The Bull Market?

Bitcoin's (CRYPTO: BTC) summer rally is facing its first real test as institutional ETF flows, which helped fuel the move to fresh highs, show signs of strain.

Benzinga

Listen up finance bros, this is how you nail a crypto rebrand

Solflare builds a 'Stronghold of the Free'.

Creative Bloq

Tim Scott Seeks Bipartisan Backing For Crypto Bills, But Says This Leading Democrat Is The 'Real Force To Overcome'

Senate Banking Committee Chair Sen. Tim Scott (R-S.C.) said Tuesday that Sen. Elizabeth Warren (D-Mass.) is “standing in the way” of bipartisan agreement on cryptocurrency industry regulation.

Benzinga

Anthony Scaramucci's SkyBridge Leverages 'Ethereum Killer' Avalanche To Tokenize $300 Million In Real-World Assets

Anthony Scaramucci, the founder and managing partner of SkyBridge Capital, has revealed plans to tokenize approximately $300 million from two of the firm’s funds on Avalanche.

Benzinga

Retail Traders' Stress Signals Could Form A 'Retail VIX,' Says Leverage.Trading Founder

Retail traders' behavior in moments of stress may hold the key to building a forward-looking volatility index that regulators and institutions could use to monitor systemic risk, according to Anton Palovaara, founder of Leverage.Trading.

Benzinga

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Benzinga

Ex-IMF Economist Kenneth Rogoff Explains Why His Bitcoin Crash Call Fell Flat— Blames Everyone But Himself For Missing It, Says Anthony Pompliano

Kenneth Rogoff, former Chief Economist at the International Monetary Fund, on Tuesday evaluated his failed 2018 projection that Bitcoin (CRYPTO: BTC) would be worth $100 rather than $100,000 within a decade.

Benzinga

Brian Armstrong Hails 'Great Progress' As Coinbase Rolls Out Advanced Trading For Popular Coins Solana, XRP

Brian Armstrong, CEO of Coinbase Global Inc. (NASDAQ:COIN), cheered the addition of XRP (CRYPTO: XRP) and Solana (CRYPTO: SOL) to its perpetual futures offering on Tuesday.

Benzinga

Peter Thiel-Backed Bullish Sets New Trend, Accepts $1.15 Billion Going Public Money In Stablecoins Like USDC: 'New Normal' In Making?

Cryptocurrency exchange Bullish (NYSE:BLSH) announced Tuesday that it received $1.15 billion of its initial public offering proceeds in stablecoins, marking a historic first in the U.S. IPO scene.

Benzinga

Anthony Scaramucci Maintains Year-End Bitcoin Target Between $180,000-$200,000, Says He Owns 'A Lot' Of BTC

Anthony Scaramucci, the founder and CEO of SkyBridge Capital, reiterated on Tuesday Bitcoin’s (CRYPTO: BTC) year-end price target between $180,000-$200,000 despite the ongoing pullback.

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Benzinga

Bitcoin Falls As 'Fear' Overtakes Investors; Ethereum, Dogecoin, XRP, SOL Also Slide: Analyst Expects More Dips, But Predicts A Bullish September

Leading coins plunged deeper on Tuesday as “Fear” sentiment took over the cryptocurrency market.

Benzinga

Is Strategy Becoming A Risk To The Bitcoin Bull Market?

Bitcoin's (CRYPTO: BTC) long-term price stability could increasingly depend on corporate treasuries rather than organic market demand, according to analysts raising concerns about Strategy's (NASDAQ:MSTR) capital strategy and the broader role of treasury-driven buying in setting floors.

Benzinga

Wyoming State Debuts US Dollar Stablecoin On Seven Blockchains

Wyoming has become the first U.S. public entity to issue a blockchain-based stablecoin, launching the Frontier Stable Token (FRNT) on seven different blockchains.

Benzinga

Cathie Wood's ARKK Is Beating Big Tech Like It's 2020 Again — But With A Twist

Five years after the explosive rally that turned Cathie Wood's ARK Innovation ETF (CBOE: ARKK) into a retail phenomenon, ARKK is once again outshining Big Tech — but the dynamics fueling this rally feel more grounded than the zero-rate, stimulus-fueled mania of 2020.

Benzinga

Why VCI Global Stock Is Gaining Today

VCI Global Limited (NASDAQ:VCIG) shares surged Tuesday after the company unveiled a joint venture with a major digital asset holder to launch a sovereign-grade infrastructure project backed by 18,000 Bitcoin, valued at over $2.16 billion at current market prices.

Benzinga

Bitcoin Faces Slide To $110,000, But Ethereum Offers Superior Risk-Reward, Analyst Concludes

Bitcoin (CRYPTO: BTC) is struggling to maintain key support levels, whereas Ethereum (CRYPTO: ETH) is holding rather well during recent volatility, according to a prominent market analyst.

Benzinga

Caitlin Long Lauds The Fed's Crypto Shift, But There's A Twist

The Federal Reserve's recent decision to end its "novel activities" supervision program marks a turning point in U.S. oversight of digital assets, according to Caitlin Long, founder and CEO of Custodia Bank.

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