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The Latest Breaking News from Bitcoin

This article was originally published on Investingoal and appears here with permission. Crypto has exploded over the past few years with people making massive returns on investment by investing in assets like Bitcoin and Ethereum as well as digital art projects or NFTs.

Benzinga

Binance Served Crypto Traders in Iran Despite US Sanctions

The world's largest crypto exchange, Binance, continued to process trades by clients in Iran despite US sanctions and a company ban on doing business there, a Reuters investigation has found. In 2018, the United States reimposed sanctions that had been suspended three years earlier as part of Iran’s nuclear deal…

Asharq Al-Awsat

‘They couldn’t even scream any more. They were just sobbing’: the amateur investors ruined by the crypto crash

Fuelled by hype and hysteria, the market in bitcoin and other cryptocurrencies went from an obscure niche to a $3tn industry. Then the house of cards collapsed

The Guardian - UK

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Bitcoin, Ethereum, Dogecoin Plunge As Diamond Hands Feel The Pain: How Much Longer Will Crypto Slide Last?

Bitcoin traded below a key psychological level on Monday evening, while other major coins also slid, as the global cryptocurrency market declined 4.05% to $888.7 billion at press time.

Benzinga

Could Blockchain Help Your Future Retirement Plans?

Blockchain is a peer-to-peer network of connected nodes, or blocks, linked together by cryptography. It is the technology that powers cryptocurrencies like bitcoin and Ethereum.

Benzinga

Celsius weighs bankruptcy filing as crypto trader crisis grows

Beleaguered crypto lender Celsius Network is exploring a possible bankruptcy filing as it becomes the latest victim of the crash in the sector.

Evening Standard

Anarchy in paradise: how a fringe community descended into darkness

The new HBO docuseries The Anarchists follows the journeys of several anarcho-capitalists attempting statelessness in Acapulco with deadly results

The Guardian - US

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Crypto plunge is cautionary tale for public pension funds

The plunge in prices for Bitcoin and other cryptocurrencies provides a cautionary tale for the handful of public pension funds that have dipped their toes into the crypto pool

The Independent UK

Why Are Cryptocurrency Miners Such As Riot Blockchain, Marathon Digital Holdings Relocating?

As of Friday morning, cryptocurrency miners such as Marathon Digital Holdings Inc (NASDAQ: MARA) and Riot Blockchain Inc (NASDAQ: RIOT) have risen 16% and 5.4% respectively, moving in a positive direction away from recent

Benzinga

If You Invested $1,000 In Polkadot At Its COVID-19 Pandemic Low, Here's How Much You'd Have Now

Investors who have owned stocks in the past couple of years have generally experienced some big gains. But there is no question some big-name cryptocurrencies have left the stock market in the dust.

Benzinga

With Major Nosedives, Crypto's Being Seen As A Ponzi Scheme By Skeptics. Is There Something They Don't Get Right?

Cryptocurrency and traditional finance are worlds apart. Volatility is arguably one of the major components that differentiate the two. In the wake of the most recent downturn, skeptics have re-committed their efforts to vilify crypto—even to the point of associating it with Ponzi schemes. Does this imply they’re getting something…

Benzinga

Bitcoin miner Compass slashes exec pay and fires 15% of staff

US bitcoin mining business Compass Mining fired 15% of its workforce and slashed executive pay as crypto firms tighten their belts to keep afloat amid plummeting bitcoin prices.

Evening Standard

This Low-Float Stock Jumps Around 148%; Here's 64 Biggest Movers From Yesterday

Gainers United Maritime Corporation (NASDAQ: USEA) climbed 147.6% to close at $7.08 on Thursday on heavy momentum following the company's recent listing on the Nasdaq Capital Market.

Benzinga

Bitcoin, Ethereum, Dogecoin Spike: Analyst Sees Apex Crypto Hitting $28K-$30K In 'Few Days' If This Happens

Bitcoin and other major coins saw a spike in prices Thursday evening as the global cryptocurrency market cap increased 3.7% to $958.2 billion at press time.

Benzinga

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Benzinga

Effects Of Using Cryptocurrency As A Commodities Substitute

By Zack Lindsey Raw materials are referred to as commodities, and they play an important role in the manufacture of a wide variety of other goods and services.

Benzinga

Bitcoin, Ethereum, Dogecoin Shrug Off Hawkish Fed, Voyager Crisis: Analysts Pencil Apex Coin's Next Breakout Range

Bitcoin, Ethereum and other major coins rose Wednesday night, as the global cryptocurrency market cap increased 2% to $923.5 billion at press time.

Benzinga

Bad Cryptocurrency Investments Take Shine Off Meitu

Key Takeaways: Beauty software maker Meitu said its $100 million bet on Bitcoin and Ether cryptocurrencies last year has lost nearly half its value Despite the losses, company says it remains “positive on the long-term prospects of the acquired cryptocurrencies” By Doug Young

Benzinga

Negative Sentiment Remains Amongst Institutional Investors

Bitcoin (CRYPTO: BTC) is consolidating above $20,000 at time of writing, whilst negative sentiment remains among market participants. CoinShares reported inflows of $51 million into the newly launched product ProShares Short Bitcoin Strategy ETF (BITI).

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USA Today Sports Media Group

Key Tips On How You Can Start Betting Safely On Bitcoin Casinos

With the rise in acceptance and popularity of Bitcoin, many players are beginning to switch to Bitcoin casinos . After all, Bitcoin casinos are not all that different from regular casinos, except that it has more advantages. Whether you are familiar ...

Benzinga

Why Bitcoin- And Ethereum-Related Stock SOS Limited Is Getting Hammered Today

Sos Ltd - ADR (NYSE: SOS) shares are trading lower by 13.68% to $7.29 Wednesday morning. Today, the company's ADS ratio changed from 1 ADS representing 10 ordinary shares to 1 ADS representing 500 ordinary shares.

Benzinga

Coinbase Says Two-Thirds of Crypto Price Decline Due To Macro Factors

The correlation between stock and crypto-asset prices has risen significantly since 2020 and the digital assets today share similar risk profiles to oil commodity prices and technology stocks, according to Cesare Fracassi, Chief Economist at Coinbase Global Inc (NASDAQ: COIN).

Benzinga

Cryptocurrency Wrapped Bitcoin Rises More Than 3% In 24 hours

Over the past 24 hours, Wrapped Bitcoin's (CRYPTO: WBTC) price rose 3.96% to $20,206.00. This continues its positive trend over the past week where it has experienced a 1.0% gain, moving from $20,002.51 to its current price.

Benzinga

10 Most Traded OTC Stocks In June: Where Do Danone, Adidas And Grayscale Bitcoin Trust Rank?

The month of June saw $45.2 billion in trading volume for stocks that trade on the OTCQK and OTCQB. While some of the stocks that trade over-the-counter are considered penny stocks based on their share price, they are also some of the largest companies in the world and represent a…

StockNews.com

Bitcoin Craters Nearly 40% in June, Time to Dump Coinbase Stock?

Shares of cryptocurrency exchange Coinbase Global (COIN) lost significantly, with Bitcoin witnessing its biggest monthly drop since 2011 last month. The decline in retail crypto transactions and the company’s poor financials damaged investors’ sentiment about the stock. So, is COIN a Buy at the current price level, or is there…

Benzinga

'Wolf Of Wall Street' Advises On Bitcoin Crash And Best Time To Get Into Ultra-Low Cap Crypto

Jordan Belfort, the former stockbroker known as “The Wolf of Wall Street,” shared his views on Bitcoin’s (CRYPTO: BTC) 70% drawdown and the state of the cryptocurrency market.

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