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The Latest Breaking News from Bitcoin

Hut 8 Mining Registers 67% Revenue Growth In Q1

Hut 8 Mining Corp (NASDAQ:HUT) (TSX:HUT) reported first-quarter FY22 revenue growth of 67% year-on-year to C$53.3 million. EPS was C$0.31. Hut 8 currently has an installed hash rate of 2.54 EH/s, up 27% from December 31. As of March 31, Hut 8 had a total Bitcoin balance of 6,460 with a market…

Benzinga

Thursday's Morning Update On Crypto Gainers and Losers

According to Benzinga Pro, the following are the crypto gainers and losers at the time of publication:

Benzinga

Dogecoin Crashes Sharply As Crypto Market Goes Down Bottomless Pit: Who Is To Blame?

Dogecoin (CRYPTO: DOGE) plunged sharply by over 30% to $0.07 in the 24 hours leading up to the early hours of Thursday. The meme coin fell amid a wide rout in the market as the global cryptocurrency market cap dropped 19.15% to $1.2 trillion.

Benzinga

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Crypto Billionaires See Wealth Eroded With This Week's Market Crash

The billionaire CEOs of major crypto exchanges saw their personal fortunes diminish as Bitcoin (CRYPTO: BTC) and the wider crypto market extended losses this week.

Benzinga

NFT scams, toxic ‘mines’ and lost life savings: the cryptocurrency dream is fading fast

It was supposed to be a financial revolution. Instead, crypto has become an environmentally disastrous gift to con artists, says academic David A Banks

The Guardian - UK

El Salvador's bet on bitcoin has been as volatile as expected

Fluctuations in the cryptocurrency's value have led to plummeting credit rates amidst fears of a default.

Input

Market Wrap: Battered Bitcoin, high inflation and melting gold prices dominated markets this week

Another tough week for the ASX200, falling over 3 per cent, as May lived up to its reputation as a volatile one for local markets.

The New Daily

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Billions wiped off Bitcoin and Ethereum as cryptocurrencies hit by huge overnight crash

The UK financial watchdog has urged Brits to be cautious as cryptocurrency values crash overnight following stalling stock markets and the shock performance of Bitcoin

Daily Mirror

Shanghai High Court Deems Bitcoin 'Virtual Property'

The Shanghai High People’s Court classified Bitcoin (CRYPTO: BTC) as virtual property protected by Chinese law despite a nationwide cryptocurrency trading ban still in place.

Benzinga

$400 billion crypto sell-off worsens as bitcoin slumps 10%

Trouble at a major “stablecoin” called TerraUSD, combined with interest rate rise fears, has sparked “extreme fear across the crypto market”

Evening Standard

Crypto comes to Washington. Will the millions buy influence?

Cryptocurrency tycoons are emerging as the new power players in American politics

The Independent UK

Bitcoin Bull Jack Dorsey Likens Coinbase To A Casino

Twitter Inc (NYSE: TWTR) founder and CEO of Block Inc (NYSE: SQ) Jack Dorsey equated rival Coinbase Gobal, Inc (NASDAQ: COIN) with a cas

Benzinga

Bitcoin, Ethereum, Dogecoin Extend Losses On Inflation Report, Terra (LUNA) Fiasco: Whales Become 'Extremely Active' For This Coin

Major coins crashed sharply with Ethereum down more than 10% as the global cryptocurrency market cap dropped 10.25% to $1.3 trillion at press time.

Benzinga

Why Dogecoin Spin-Off Floki Inu Is Up 50% Today, Leaving Bitcoin And Ethereum In The Dust

Floki Inu (CRYPTO: FLOKI) is trading higher by some 49.13% to $0.00001159 Saturday morning.

Benzinga

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Benzinga

Why Bitcoin Gold Is Falling Sharply Today

Shares of several popular altcoins, including Bitcoin Gold (CRYPTO: BTG), are trading lower again Wednesday in sympathy with apex cryptocurrency Bitcoin (CRYPTO: BTC) and second-largest market cap crypto, Ethere

Benzinga

Why Baby Dogecoin Is Diving Today

Shares of several popular altcoins, including Baby Dogecoin (CRYPTO: BABYDOGE), are trading lower again Wednesday in sympathy with apex cryptocurrency Bitcoin (CRYPTO: BTC) and second-largest market cap crypto, Ethereum

Reason

Will Bitcoin Billionaire Investor Michael Saylor End up at McDonald's?

The MicroStrategy CEO and biggest corporate owner of bitcoin is HODLING for the long haul, come bull or bear market.

Bangkok Post

JTS shares rise despite crypto slump

Shares of Jasmine Technology Solutions (JTS), a Bitcoin mining operator, rose on Wednesday despite the current downturn in the global cryptocurrency market after the company reported impressive first-quarter revenues.

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Benzinga

Bitcoin Whale Moves 2,273 BTC Off Coinbase

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $71,948,439 worth of Bitcoin off Coinbase. The BTC address associated with this transaction has been identified as: 1G9kJwHJMcSTHSQFgpXmRzxWvzu8qYtUzA.

Benzinga

Bitcoin Whale Moves 2,500 BTC Off Coinbase

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $77,357,065 worth of Bitcoin off Coinbase. The BTC address associated with this transaction has been identified as: bc1qfmztq2lcdvp5qrkkea2sf864yfgu4gaxdvvkj5.

Benzinga

Anonymous Crypto Wallet Moves $79M Worth Of Bitcoin Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $79,261,873 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: bc1qpkw9m9uzep2tk34dgrn74j6lnmzwp6vr7nh67r

Benzinga

Bitcoin Whale Just Transferred $96M Worth of BTC Onto Gemini

What happened: An anonymous cryptocurrency wallet holding $96,174,846 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Gemini. The bitcoin wallet address tied to this transfer has been identified as: 3Kzh9qAqVWQhEsfQz7zEQL1EuSx5tyNLNS

Benzinga

We Asked 1,000 Readers Why They Invested In Dogecoin Instead Of Bitcoin, Ethereum

Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios.

Benzinga

Bitcoin Finds A Price Level That Could Halt Its Decline

It seems like there has been no end to the drop in the price of Bitcoin (CRYPTO: BTC) since the high of November 2021, slumping almost 60% during that time. May, so far, has brought a 14% drop, taking the price back to the June 2021 level of $30,000.

Wales Online

Bitcoin crashes to a quarter of its value in just a week - and 50% down from peak

Cryptocurrency crashes to a quarter of its value in just a week

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