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The Latest Breaking News from Bitcoin

The global cryptocurrency market saw its value plummet amid heavy sell-offs, with the collapse of TerraUSD (UST), one of the biggest stablecoins, sending shockwaves throughout the digital asset market.

Bangkok Post

Why Bitcoin- And Ethereum-Related Stock Sphere 3D Traded Higher Tuesday

Sphere 3D Corp (NASDAQ: ANY) shares traded higher by 5.00% to $1.05 Tuesday. The company reported first-quarter earnings results during Monday's after-hours session.

Benzinga

Here's Why Bitcoin Could Plummet 30%

Bitcoin (CRYPTO: BTC) was trading slightly lower on Tuesday attempting to break down bearishly from an inside bar pattern the crypto has developed on its daily chart.

Benzinga

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No, Terra (LUNA) Founder Do Kwon Isn't Offering You Free Bitcoin Or Ethereum

A scammer is pretending to be Binance on YouTube and running a Bitcoin (CRYPTO: BTC) and Ethreum (CRYPTO: ETH) giveaway scam.

Benzinga

Bitcoin Sees $299M Weekly Inflows Despite Terra (LUNA) Disaster

Bitcoin (CRYPTO: BTC) recorded its largest weekly inflows this year even as the chaos surrounding Terra (CRYPTO: LUNA) sent markets plummeting last week.

Benzinga

Bitcoin Back Below $30K Level, Ethereum, Dogecoin In Red: Why Analyst Thinks Apex Coin Is In A 'Fight For Its Life'

Bitcoin traded below the $30,000 mark, while Ethereum and Dogecoin were also weaker over the last 24 hours at press time on Monday evening, as the global cryptocurrency market cap declined 4.4% to $1.3 trillion.

Benzinga

What's Going On With Bitcoin- And Ethereum-Related Stock Greenidge Generation?

Greenidge Generation Holdings Inc (NASDAQ: GREE) shares are trading slightly lower by 0.93% at $8.52 during Monday's after-hours session after the company reported first-quarter earnings results.

Benzinga

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Why Bitcoin- And Ethereum-Related Stocks Coinbase And Riot Blockchain Are Diving Today

Shares of crypto-related stocks, including Coinbase Global Inc (NASDAQ: COIN) and Riot Blockchain Inc (NASDAQ: RIOT), are trading higher Monday afternoon amid ongoing weakness in Bitcoin (CRYPTO:

Benzinga

Terra (LUNA) Sold 80,000 Bitcoins In A 3-Day Span Amid Depeg-Crisis: UST Holder Compensation Coming

When TerraUSD (CRYPTO: UST) — the stablecoin integrated into the Terra (CRYPTO: LUNA) ecosystem — lost its peg to the U.S.

Benzinga

Q&A: the collapse of terra and what it could mean beyond crypto

After the crash of the ‘stablecoin’ sparked panic, could the fall of the wider crypto market lead to a more permanent economic crunch?

The Guardian - UK

Bitcoin Whale Moves 9,661 BTC Off Coinbase

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $284,120,110 worth of Bitcoin off Coinbase. The BTC address associated with this transaction has been identified as: 1Prp7JxrzKoU3uhY3VkbYQ4bv8CiejgaDN.

Benzinga

Anonymous Bitcoin Whale Just Moved $284M Worth Of BTC Off Coinbase

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $284,307,013 worth of Bitcoin off Coinbase. The BTC address associated with this transaction has been identified as: 122vXUdsBkzwCq7ti5fEJDoaSWXpqsQYW3.

Benzinga

Anonymous Crypto Wallet Moves $348M Worth Of Bitcoin

What happened: $348,155,467 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: bc1qu8urg8cw9yh5phw8qfcpkhulxne6pcrhhl5hd0vjurewr0qaswgqvu79aa

Benzinga

$7.6bn of ‘stablecoin’ tether redeemed since start of crypto crisis

Figures suggest company has paid out more than total cash on hand, as terra backers prepare relaunch

The Guardian - UK

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Benzinga

Why Bitcoin-, Ethereum- And Litecoin-Related Stock Bitfarms Is Diving Today

Bitfarms Ltd (NASDAQ: BITF) shares are trading lower by 7.00% at $1.89. The company reported first-quarter earnings results Monday morning.

Benzinga

Bitfarms Clocks 42% Revenue Growth In Q1 Amid Declining Bitcoin Prices

Bitfarms Ltd (NASDAQ:BITF) reported first-quarter FY22 revenue growth of 42% year-on-year to $40.3 million. Revenues were down from $60 million in 4Q21. Bitfarms mined 961 Bitcoin (BTC) at an average cost of production of $8,700 per BTC during Q1. The gross margin contracted 2,600 bps to 42% as costs surged 155.4% Y/Y. The…

Benzinga

The Coming Proxy War With China? A Veteran Australian Diplomat Warns Of An Asia-Pacific Ukraine War.

The U.S. Proxy War With Russia A point I made last month, that the Ukraine War is a proxy war between the U.S. and Russia. Now that the U.S. House of Representatives has passed an enormous, $40 billion in aid for Ukraine, more observers are acknowledging that this is a proxy…

Benzinga

Cryptocurrency Bitcoin Cash Decreases More Than 3% Within 24 hours

Over the past 24 hours, Bitcoin Cash's (CRYPTO: BCH) price has fallen 3.0% to $200.64. This continues its negative trend over the past week where it has experienced a 19.0% loss, moving from $248.94 to its current price.

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Benzinga

Bitcoin's Fundamentals Show High Uncertainty As Number Of Addresses Sending To Exchanges Reaches 1-Year High

The on-chain fundamentals of the world's top cryptocurrency Bitcoin (CRYPTO: BTC) are showing a rather grim picture as the sentiment-tracking Fear & Greed Index reports "extreme fear" in

Benzinga

Osmosis, Kusama Among Top Crypto Movers In 24H

Pulled from Benzinga Pro here's the list of the top crypto gainers and losers at the time of publication:

Benzinga

Buffett's Bitcoin Exposure, Buterin Donates To Doge Foundation, Musk On Predatory Lending And More: 5 Key Stories You May Have Missed From This Weekend

Ahead of a new trading week, investors may want to see Friday's market rally gather momentum. With earnings season approaching its last leg, retail earnings are expected to flow in thick and fast. The market may also take cues from a slew of Fed speeches scheduled for the week and the…

Benzinga

Morning Brief: Top Financial Stories Dominating on Monday, May 16

CNBC Volkswagen CEO Shares Ambitious EV Ambitions For US Market

Benzinga

While Bitcoin, Ethereum, Dogecoin Crash — UK Crypto Platform Fetches $500M Valuation With Backing From Goldman Sachs, Barclays

United Kingdom crypto trading platform Elwood Technologies — founded by hedge fund billionaire Alan Howard — said it raised $70 million in a Series A funding round co-led by Dawn Capital and global investment bank Goldman Sachs Group Inc (NYSE: GS).

The New Daily

Market wrap: Federal election and hawkish RBA move expected to dominate markets this week

The month of May has lived up to its reputation as a volatile one for markets. The ASX200 closed the week 1.8 per cent lower at 7075.

Reason

Getting Paid in Bitcoin

Unfortunately, an automatic crypto purchase made with after-tax earnings won't lower your taxable income.

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