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The Latest Breaking News from Bitcoin

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.

Benzinga · May 13, 2022

'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.

ABC News · May 12, 2022

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.

Bangkok Post · May 12, 2022

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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 · May 12, 2022

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 · May 12, 2022

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 · May 12, 2022

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 · May 12, 2022

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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 · May 12, 2022

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 · May 12, 2022

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.

Benzinga · May 12, 2022

Bitcoin Whale Moves 2,500 BTC Off Gemini

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $73,455,145 worth of Bitcoin off Gemini. The BTC address associated with this transaction has been identified as: 1Vk33ji69jjC5HE8kxmjPA2QiYSTKkej9.

Benzinga · May 12, 2022

$85M In Bitcoin Was Just Transferred Onto Gemini

What happened: An anonymous cryptocurrency wallet holding $85,646,174 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Gemini. The bitcoin wallet address tied to this transfer has been identified as: 3Kzh9qAqVWQhEsfQz7zEQL1EuSx5tyNLNS

Benzinga · May 12, 2022

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 · May 12, 2022

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 · May 12, 2022

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Benzinga · May 12, 2022

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 · May 12, 2022

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.

The Guardian - UK · May 12, 2022

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

Input · May 12, 2022

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.

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The New Daily · May 12, 2022

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.

Daily Mirror · May 12, 2022

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

Benzinga · May 12, 2022

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.

Evening Standard · May 12, 2022

$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”

The Independent UK · May 12, 2022

Crypto comes to Washington. Will the millions buy influence?

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

Benzinga · May 12, 2022

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 · May 12, 2022

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.

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