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The Latest Breaking News from Bitcoin

Bitcoin Holds Above $31K, Ethereum Slips: Why The Apex Crypto Presents A 'Generational' Buying Opportunity

Bitcoin remained above the $31,000 level, while Ethereum slipped into the red as the global cryptocurrency market cap slipped 0.55% to $1.31 trillion at press time on Tuesday evening.

Benzinga

Cryptocurrency Wrapped Bitcoin Rises More Than 4% In 24 hours

Wrapped Bitcoin's (CRYPTO:WBTC) price has increased 4.32% over the past 24 hours to $32,032.00. Over the past week, WBTC has experienced an uptick of over 10.0%, moving from $29,338.20 to its current price. As it stands right now, the coin's all-time high is $70,643.00.

Benzinga

Why Bitcoin-Related Stock MicroStrategy Is Surging

MicroStrategy Inc (NASDAQ: MSTR) shares are trading higher Tuesday amid a weekend increase in cryptocurrency prices, led by Bitcoin (CRYPTO: BTC).

Benzinga

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Women Participation Will Shoot Bitcoin Beyond $250,000: Tim Draper

Highlighting the importance of participation of women in using Bitcoin (CRYPTO: BTC), billionaire investor Tim Draper has said women control 80% of the retail spending, and using the cryptocurrency for buying things will shoot its prices beyond $250,000.

Benzinga

What Happens When Your Bitcoin Miner Drops More Than 80%: In This Case, You Beat The Market By 25 Points

Levered Bets on Bitcoin Go Both Ways Good news for an underlying commodity tends to be even better news for companies that mine it, all else equal, thanks to their inherent operational leverage. Frank Holmes explained the concept using gold miners as an example, in an article a few years back:

Benzinga

Bitcoin Finally Sees Relief As institutions buy the dip

Bitcoin (CRYPTO: BTC) rallied tremendously yesterday, as it soared above the short-term range between $28,500 and $30,600.

Benzinga

Russia Estimates That Bitcoin, Ethereum, Crypto Mining Consumes 2% Of Total Electricity

A recent government estimate shows that nearly 2% of the total electricity consumption in Russia goes into crypto mining.

Benzinga

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$45M In Bitcoin Was Just Transferred Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $45,437,441 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: 1Dt9tpwPgXG2ECg5y34ztNaENxeLqVUHUh

Benzinga

Bitcoin Whale Moves 2,000 BTC Off Bitstamp

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $61,065,204 worth of Bitcoin off Bitstamp. The BTC address associated with this transaction has been identified as: 35WHp4Hid61peyH4tuhNunwRj2gtNB41Lo.

Benzinga

Anonymous Bitcoin Whale Just Moved $71M Worth Of BTC Off Coinbase

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $71,312,759 worth of Bitcoin off Coinbase. The BTC address associated with this transaction has been identified as: 15tiFvm5dd1s7GFHg5zrk8GAtVzNXJVoer.

Benzinga

This Wallet Just Transferred $329M Worth Of BTC

What happened: $329,220,439 worth of Bitcoin (CRYPTO: BTC) was just moved between 2 anonymous cryptocurrency wallets in a single transaction. This mysterious person's bitcoin wallet address has been identified as: bc1q2dksxduzetla363r3cz00lw7qf0fzj5xryxhqw5f7e5t2zsc3nmqc6zqua

Benzinga

40 Stocks Moving In Tuesday's Mid-Day Session

Gainers TherapeuticsMD, Inc. (NASDAQ: TXMD) shares jumped 360.8% to $9.86 after the company announced it has entered into a definitive merger agreement to be acquired by an affiliate of EW Healthcare Partners.

Benzinga

Bitcoin Rises More Than 3% In 24 hours

Bitcoin's (CRYPTO: BTC) price has increased 3.22% over the past 24 hours to $31,485.00. Over the past week, BTC has experienced an uptick of over 9.0%, moving from $29,058.54 to its current price. As it stands right now, the coin's all-time high is $69,045.00.

Benzinga

Fed Report Shows Who's Actually Using Crypto and How

Millions of lower-income or unbanked people are more likely to use cryptocurrency as a payment method.

Reason

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ABC News

Many put faith in cryptocurrency but crash could lead to regulation and new consumer protections

Bitcoin came to life in 2008 as the financial system was imploding. Now that utopian vision is under fire, and everyone is asking: Will a new era of regulation kill or strengthen cryptocurrencies?

Evening Standard

FTSE 100 Live: Oil price rises as China eases Covid curbs, Bitcoin above $30,000

China’s easing of Covid curbs and hopes that inflation in the US may be near its peak helped lift the mood for European markets today.

Newsroom.co.nz

Old sneakers as new investment - yes, really

Forget art, wine, bitcoin or NFTs: investing in sneakers could be the Next Big Thing. There's even a company doing nothing but authenticate sneakers to make sure eBay listings aren’t fakes.

Benzinga

Billionaire Mike Novogratz Says Bitcoin Will Lead Next Rally: Here's Why

Galaxy Digital CEO Mike Novogratz has some advice for crypto investors. In a recent tweet, he said that Bitcoin (CRYPTO: BTC) will lead the next cryptocurrency rally.

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Tribune News Service

Brace for crypto market to ‘get weird’ over Memorial Day

Cryptocurrencies are probably headed for more bouts of downside volatility and investors should consider reining in their risk, according to Fundstrat.

Benzinga

BIT Mining Clocks 40% Sequential Revenue Decline In Q1

BIT Mining Ltd (NYSE:BTCM) reported a first-quarter FY22 revenue decline of 40.4% Q/Q to $296.7 million. BTCM reported a sharp increase of $294.1 million from $2.6 million in revenue in 1Q21. Revenues during 1Q22 primarily consisted of $272.3 million in revenue contribution from the mining pool business. The online total hash rate capacity…

Benzinga

The RazReport Podcast: The Future Of Crypto Trading with Jakub Rehor, Co-Founder and CIO of Lucy Labs

In this edition of the RazReport we have Jakub Rehor Co-Founder and CIO of Lucy Labs. Jason Raznick:Welcome to the RazReport Podcast Jakub, lets start with basics, where did you grow up?

Benzinga

Bitcoin Whale Moves 2,473 BTC Off Coinbase

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $73,418,073 worth of Bitcoin off Coinbase. The BTC address associated with this transaction has been identified as: 1GuATydX88mysTjUXmcwPMFU2TkghrN7aa.

Benzinga

2,500 Bitcoin Was Just Transferred From Coinbase To Gemini

What happened: An anonymous Bitcoin (CRYPTO: BTC) whale just transferred $73,539,761 worth of Bitcoin off Coinbase, and the investor then sent these funds to Gemini.

Benzinga

Someone Just Sent 3,035 Bitcoin Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $88,752,155 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: bc1qfese9lnrgh8zfuvftxfy6zgdxgnm5re6uyu3gf

Benzinga

Bitcoin Whale Just Transferred $151M BTC From Coinbase To Gemini

What happened: An anonymous Bitcoin (CRYPTO: BTC) whale just transferred $151,261,609 worth of Bitcoin off Coinbase, and the investor then sent these funds to Gemini.

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