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The Latest Breaking News from Bitcoin

Morning Brief: Top Financial Stories Dominating on Thursday, May 5

CNBC

Benzinga

IMF Expresses Concern About Central African Republic's Adoption Of Bitcoin

According to the International Monetary Fund, the Central African Republic’s adoption of Bitcoin as legal tender poses several issues for the country and the region, reported Bloomberg. Related: A Second Country Adopts Bitcoin As Legal Tender The decision to adopt the cryptocurrency drew criticism from opposition parties and was made without consulting the…

Benzinga

Ethereum Classic Spikes 17%, Leaves Bitcoin, Ethereum Trailing: What's Going On?

Ethereum Classic (CRYPTO: ETC) shot up nearly 17.3% to $31.67 over 24 hours leading up to early Thursday morning. ETC rose alongside other major coins as the global cryptocurrency market cap rose 5.1% to $1.8 trillion.

Benzinga

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Gucci To Accept Bitcoin, Dogecoin, Shiba Inu In Several Stores

Luxury retail brand Gucci has reportedly embraced payments in the form of cryptocurrencies in some stores operated in North America.

Benzinga

Bitcoin Is Halfway To The Next Halving: Another Bull Run Incoming?

The world's first cryptocurrency Bitcoin (CRYPTO: BTC) is on its way to decreasing its inflation rate once again, with many in the cryptocurrency community believing that it will lead to another parabolic price increase.

Benzinga

Bitcoin, Ethereum, Dogecoin Rally After Fed Hikes Rates As Expected: Why This Analyst Thinks It's A 'Fakeout' Rather Than Breakout

Bitcoin traded higher and hovered just under the psychologically important $40,000 mark on Wednesday evening as the global cryptocurrency market cap shot up 5.5% to $1.8 trillion.

Benzinga

Australia is investigating a digital currency, or e-dollar, but its benefits seem slight and the risks to privacy large

We are used to thinking of money as notes and coins, the kind most of us hold in our wallets. But most money – in Australia it’s 96.3% – is digital, held by financial institutions and moved around via bank transfers, debit cards and credit cards.

The Conversation

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Bitcoin Testing 40K Resistance With Mixed Signals: What's Next?

By Lucas Montero, technical analyst at Finanflix Bitcoin (CRYPTO: BTC) is showing a dynamic resistance since its all-time high at $68,789.63. Whenever this resistance was tested, the price dropped significantly.

Benzinga

Why Bitcoin- And Ethereum-Related Stocks Are Rising

Cryptocurrency-related stocks, including Coinbase Global Inc (NASDAQ: COIN), Marathon Digital Holdings Inc (NASDAQ: MARA) and Riot Blockchain Inc (NASDAQ:

Benzinga

RCI Hospitality Opens Rick's Steakhouse & Lounge At Scarlett's Cabaret Miami

RCI Hospitality Holdings Inc (NASDAQ:RICK) has launched Rick's Steakhouse and Lounge at Scarlett's Cabaret Miami. Rick's Steakhouse will offer high-end dining and an upscale lounge, aiming to bring the Rick's Cabaret New York experience to South Florida. The 3,000 square foot Rick's Steakhouse and Lounge can seat up to 150. In addition to…

Benzinga

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

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $71,888,072 worth of Bitcoin off Coinbase. The BTC address associated with this transaction has been identified as: 1BRZ4ATawh565MBeZRufxUXbEcwKXWiDik.

Benzinga

Bitcoin Whale Just Transferred $75M Worth of BTC Onto Bitstamp

What happened: An anonymous cryptocurrency wallet holding $75,778,870 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Bitstamp. The bitcoin wallet address tied to this transfer has been identified as: 17La65bZbaj7DH8PuJLYyzE8ebABP6dDb7

Benzinga

$384M In Bitcoin Was Just Transferred Onto Gemini

What happened: An anonymous cryptocurrency wallet holding $384,857,910 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Gemini. The bitcoin wallet address tied to this transfer has been identified as: 38UmuUqPCrFmQo4khkomQwZ4VbY2nZMJ67

Benzinga

Bitcoin Whale Moves 15,794 BTC Off Coinbase

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $593,723,561 worth of Bitcoin off Coinbase. The BTC address associated with this transaction has been identified as: 3GoyTuGqJUC6PhLx2PzVXcz86rjsAMBtoS.

Benzinga

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Los Angeles Times

Cryptography pioneer Silvio Micali on where crypto is headed

Some 40 years ago, Silvio Micali and his colleague Shafi Goldwasser wanted to figure out how to play poker together on their phones. They needed a way to ensure neither could know the other player's hands.

Benzinga

Morning Brief: Top Financial Stories Dominating on Wednesday, May 4

Reuters HSBC Kick Starts Its $1B Planned Share Buyback

Benzinga

Dogecoin Daily: Fed Meeting Weighs, Cannabis Brand Adoption, Litecoin Creator's Praise

Dogecoin (CRYPTO: DOGE) traded nearly 1% lower at $0.13 over 24 hours leading up to early Wednesday morning. DOGE was weaker along with other major coins as the global cryptocurrency market cap declined 0.8% to $1.7 trillion at press time.

Benzinga

Bitcoin Traders Fooled On 'Buy The Dip' Calls: This Signal Shows Best Time To Enter

Data shows that a large number of cryptocurrency traders have been fooled by calls to “buy the dip.” What Happened: Blockchain analytics platform Santiment has established a reliable trend of the mainstream crowd being incorrect on calls to buy the dip.

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Benzinga

Bitcoin, Ethereum Accepted Here: Singapore Restaurant Draws Attention With Peculiar Sign At The Door

Cryptocurrencies continue to find backers in small businesses around the world. In a recent move, what gained limelight is a signboard at the door of Singapore’s 80-seat restaurant and bar — Maison Ikkoku — which advertises that it accepts payments in Bitcoin (CRYPTO: B

ABC News

Recession is necessary and 'ordinary people will suffer the most', warns investment guru

World-renowned contrarian investor Marc Faber says the failure of central banks to start raising interest rates sooner will lead to recession and an implosion in asset prices.

Benzinga

Self-Proclaimed Satoshi Nakamoto Sues Coinbase, Kraken Over 'Fake' Bitcoin Sales

Craig Wright, the Australian computer scientist who claims to be Bitcoin’s (CRYPTO: BTC) creator, is now suing major cryptocurrency exchanges Kraken and Coinbase Global Inc (NASDAQ: COIN<

Benzinga

Bitcoin, Ethereum, Dogecoin In 'Wait-And-See' Mode Ahead Of Fed Meet: Can A Weaker Dollar Help Cryptos From Here On?

Bitcoin and other major coins failed to find upward momentum on Tuesday evening as the global cryptocurrency market cap fell 1.6% to $1.7 trillion at press time.

Benzinga

MicroStrategy Inc (NASDAQ: MSTR) shares are trading lower in Tuesday’s after-hours session after the company announced its first-quarter financial results.

Benzinga

Anonymous Crypto Wallet Moves $40M Worth Of Bitcoin Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $40,000,179 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: 1NeW6QdZSN46JM7hJvtQ5uhjKMCvoyR4dQ

Benzinga

This Wallet Just Transferred $58M Worth Of BTC Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $58,271,015 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: 1P5ZEDWTKTFGxQjZphgWPQUpe554WKDfHQ

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