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The Latest Breaking News from Bitcoin

Morning Brief: Top Financial Stories Dominating on Friday, May 13

CNBC

Benzinga

Nubank Taps Paxos To Cater To Latin America's Growing Thirst For Crypto Trading

In partnership with regulated blockchain infrastructure provider Paxos, Nu Holdings’ (NYSE: NU) Nubank announced its entry into crypto trading with a simple and safe

Benzinga

Crypto billionaire Sam Bankman-Fried: ‘I got involved with no clue what a blockchain was’

The FTX founder on hype, the problem with bitcoin and how crypto can build a fairer financial system

Financial Times

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Why Veteran Investor Bill Miller Sold 'Some' Bitcoin (BTC)

Miller Value Partners founder Bill Miller has revealed the only reason why he sold some of his Bitcoin (CRYPTO: BTC).

Benzinga

Japan's Nomura Launches Its First Bitcoin Derives Amid Crypto Crash

Japanese financial services company Nomura Holdings Inc (NYSE: NMR) has started offering Bitcoin derivatives to its institutional clients due to high demand.

Benzinga

TerraUSD ‘stablecoin’ delisted from crypto exchanges

‘Algorithmic stablecoin’, whose collapse triggered multibillion-dollar selloff, turns off blockchain

The Guardian - UK

Former Facebook Crypto Chief Launches Bitcoin Payments Company

David Marcus, the former head of Meta Platforms Inc-owned (NASDAQ: FB) Facebook's crypto project Diem, has launched a Bitcoin (CRYPTO: BTC) payments startup.

Benzinga

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Bitcoin Bull 'Pomp' Reacts To Allegations He Pumped Terra (LUNA), UST Stablecoin

Bitcoin (CRYPTO: BTC) bull Anthony Pompliano, better known by the nickname "Pomp," dismissed allegations that he had been “promoting” Terra (LUNA) or Terra USD (UST) stable coin.

Benzinga

Bitcoin Set for Record Losing Streak as ‘Stablecoin’ Collapse Crushes Crypto

Cryptocurrencies nursed large losses on Friday, with bitcoin trading near $30,000 and set for a record losing streak as the collapse of TerraUSD, a so-called stablecoin, rippled through markets. Crypto assets have also been swept up in broad selling of risky investments on worries about high inflation and rising interest…

Asharq Al-Awsat

Bitcoin eyes record losing streak as 'stablecoin' collapse crushes crypto

SINGAPORE: Cryptocurrencies nursed large losses on Friday, with bitcoin pinned below US$30,000 and set for a record losing streak as the collapse of TerraUSD, a so-called stablecoin, rippled through markets.

Bangkok Post

Jack Dorsey's Block Would Shine If It Wasn't For Bitcoin Holding It Back, Says Analyst

Equity research analysts from Mizuho believe that Jack Dorsey’s payments firm Block Inc (NASDAQ: SQ) should downplay its association with Bitcoin (CRYPTO:

Benzinga

If You Invested $1,000 In Bitcoin (BTC) During 2017 Peak, Here's How Much You'd Have Right Now

Bitcoin (CRYPTO: BTC) captured the public and media’s imagination in 2017 when it soared from $1000 at the beginning of the year to $20,000 by December.

Benzinga

Elon Musk ‘still committed’ to Twitter deal after putting it on hold – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

$760M Liquidated From Crypto Markets As Bitcoin Reclaims $30,000 Level

Over 230,000 crypto traders saw liquidations worth $760 million over the last 24 hours.

Benzinga

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AAP

Conman Foster granted bail by Qld court

Conman Peter Foster has been granted bail after being extradited from Victoria to Queensland on fraud charges over an alleged multi-million-dollar Bitcoin scam.

Benzinga

Bitcoin, Ethereum, Dogecoin Just Under Key Levels After Crypto Crash — Analyst Says Investors Vulnerable To 'One Last Plunge'

Bitcoin and Ethereum hovered just under key psychological levels, as the global cryptocurrency market cap declined 2.2% to $1.2 trillion at press time.

ABC News

'Evil genius' may have caused Terra and Luna cryptocurrencies to crash in a 'death spiral'

The devastating effects of the crash of crypto "stablecoins" Terra and Luna are being felt by many but their crash may have been orchestrated in one massive piece of ethically questionable trading.

Bangkok Post

Stocks across Asia nosedive

The Thai bourse plunged yesterday, in line with global stock and cryptocurrency markets, as investors worried the Federal Reserve may implement more aggressive rate hikes to tackle runaway inflation.

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Benzinga

Celo, Arweave Among Top Crypto Movers In 24H

After pulling data from Benzinga Pro the following is the list of top crypto gainers and losers at the time of publication:

Benzinga

Shiba Inu Attempts Recovery With Dogecoin, Bitcoin: Why A Bigger Bounce May Come

Shiba Inu (CRYPTO: SHIB) was trading about 5% lower at press time, which represented somewhat of a recovery from the 27% decline the crypto had suffered earlier in the 24-hour trading period.

Benzinga

Will Ethereum Be The First Crypto To Recover?

In yesterday's article on Bitcoin (CRYPTO: BTC), I highlighted a support level where the price is trading around that has the potential to end its decline and enco

Benzinga

Why Bitcoin Looks Set For Upside Continuation

Bitcoin (CRYPTO: BTC) saw whipsaw action during the first part of the 24-hour trading session, falling almost 15% lower between 9 p.m. on Wednesday and 3 a.m. on Thursday before recovering all of its losses and trading higher by midday.

Benzinga

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

Coinbase Global Inc (NASDAQ: COIN) shares are trading higher by 3.48% at $55.59 after the company reported first-quarter results on Wednesday. The stock has been volatile following the report, initially falling late Wednesday.

Benzinga

Bitcoin Whale Moves 2,412 BTC Off Coinbase

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $66,575,526 worth of Bitcoin off Coinbase. The BTC address associated with this transaction has been identified as: 1CxKZossLsYpyRxHoxSp76EAZmvDhLULhq.

Benzinga

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

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $71,901,921 worth of Bitcoin off Coinbase. The BTC address associated with this transaction has been identified as: 3GoyTuGqJUC6PhLx2PzVXcz86rjsAMBtoS.

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