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The Latest Breaking News from Crypto

1 Stock That's Likely to Keep Falling for the Rest of 2022

Cryptocurrency exchange Coinbase Global (COIN) is currently trading nearly 82% below its 52-week high, given its poor fundamentals and the crypto market’s downtrend. Analysts cut their price targets on the stock, citing deteriorating crypto trading. So, we think it could be wise to avoid the stock now. Continue reading….

StockNews.com

Bitcoin, Ethereum, Dogecoin Slip: Analyst Says Apex Crypto's Stabilization 'A Welcome Sign' Despite Lack Of Catalyst

The two largest coins were in the red Tuesday evening, as the global cryptocurrency market cap slipped 0.6% to $933 billion at 8:12 p.m. EDT.

Benzinga

Crypto: Hemorrhage of CEOs Continues

At least five CEOs or senior level executives have stepped down from cryptocurrency companies recently.

The Street

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Terra founder wanted by Interpol tweets he is making ‘zero effort’ to hide

Search for crypto entrepreneur Do Kwon after Luna and UST collapse drags down rival currencies

The Guardian - UK

Billionaire Bankman-Fried’s FTX snaps up assets of bankrupt crypto firm Voyager Digital

Voyager had snubbed an earlier offer from FTX to purchase its assets, describing the proposal as a ‘low-ball bid dressed up as a white knight rescue.’

Evening Standard

Luna Foundation Guard Moved Over 3,000 Bitcoin After Do Kwon's Arrest Warrant: Report

In a new turn of events surrounding the beleaguered founder of Terra (CRYPTO: LUNA) blockchain Do Kwon

Benzinga

Bitcoin ETFs: How An Ancient Farmers' Custom Got SEC Approval For Crypto

As investors awaited SEC approval for a Bitcoin ETF during the crypto heydays of 2021, they flocked to other alternatives. The ProShares Bitcoin Strategy ETF (BITO) saw $570 million in purchases when it debuted on Oct. 19, 2021. It was the first ETF that offered exposure to cryptocurrencies in the…

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Fallen Luna Crypto Founder Taunts Authorities

Do Kwon is at the center of investigations into the collapse of sister tokens Luna and UST, which wiped out at least $55 billion.

The Street

Bitcoin, Ethereum Rise, Dogecoin Flat: Why This Analyst Finds Apex Crypto's 'Modest' Weakness 'Rather Impressive'

Bitcoin and Ethereum saw gains on Monday evening as the global cryptocurrency market cap rose 1.55% higher to $938 billion at 8:03 p.m. EDT.

Benzinga

Popular Bitcoin Trust Hits New Lows And Historic Discount

A well-known Bitcoin trust that has been an early way for investors to get exposure to the leading cryptocurrency without opening crypto native accounts hit new 52-week lows recently. Here’s a look at what’s going on with the Grayscale Bitcoin Trust (OTC: GBTC).

Benzinga

Global manhunt begins for crypto boss Do Kwon after stablecoin loses $45 billion in value

South Korea’s special financial crimes unit began an investigation into Kwon’s Terra after a group of five investors filed criminal complaints

Evening Standard

Bitcoin Billionaires Return to Center Stage Amid Pound Turbulence

The weakening of the pound and the euro as governments and central banks fight inflation gives voice to crypto fans.

The Street

Interpol issues red notice for Terra crypto founder: Seoul

Interpol has issued a red notice for a South Korean cryptocurrency founder who is accused of fraud over the company's $40 billion collapse, prosecutors said Monday.

Bangkok Post

Hong Kong's crypto industry eager for policy support

HONG KONG: Hong Kong's cryptocurrency entrepreneurs and investors are looking to the government to take more measures to support the industry amid growing concerns about the city's diminishing status as a crypto hub resulting from regulatory uncertainty.

Bangkok Post

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Tribune News Service

Newsom vetoes ‘premature’ crypto oversight bill for California

California Gov. Gavin Newsom vetoed a bill that would require crypto financial-service businesses to get a special license to operate, calling it premature and costly.

Benzinga

How Has The Rise And Fall Of Dogecoin, Shiba Inu Affected The Popularity of The Shiba Inu Breed

Dogecoin (CRYPTO: DOGE) and Shiba Inu’s (CRYPTO: SHIB) popularity skyrocketed beginning in early 2021 in the midst of Bitcoin (CRYPTO: BTC) an

Asharq Al-Awsat

Bankrupt Crypto Lender Voyager’s CFO to Exit Months After Appointment

Voyager Digital Ltd Chief Financial Officer Ashwin Prithipaul is preparing to step down from his role within months of his appointment at the crypto lender that filed for bankruptcy in July. The company said on Friday the finance head would resign after a "transition period" to pursue other opportunities, and…

Investors Business Daily

Cryptocurrency News And Price Weekly Wrap-Up For Sept. 23

Crypto News Wrap-Up: Bitcoin and Ethereum fall; White House pushes for crypto regulations; Warren Buffett's indirect crypto investments; Coinbase denies proprietary trading; Jamie Dimon calls crypto a Ponzi scheme and more

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Benzinga

Dogecoin Leads Bitcoin, Ethereum Into The Weekend: What's Going To Happen Next?

Dogecoin (CRYPTO: DOGE) was showing comparative strength to much of the crypto sector during Friday’s 24-hour trading session.

StockNews.com

2 Robinhood Stocks That Are Far From Being Safe

Robinhood (HOOD) is a securities brokerage firm that offers commission-free investing services. Stocks traded on the HOOD platform are considered highly popular. However, not all the hyped stocks traded on the HOOD platform possess fundamental strength. Hence, amid the persistent market volatility and looming recession, fundamentally weak Robinhood stocks PayPal…

Benzinga

Why Gold Is A Better Alternative Investment Than Cryptocurrency

The Federal Reserve recently announced another 0.75% rate increase, which predictably sent the stock market tumbling. Higher borrowing costs eat into corporate earnings, which batters stock prices and sends investors into the alternative investment market.

The Street

Amazon's Twitch Deals Sharp Blow to Crypto

The livestreaming platform was facing a backlash from some of its influencers over its inaction on a growing issue.

Benzinga

Nasdaq Jumps Into Crypto

Happy Friday Everyone! 👋 With macro firmly in the driver’s seat for the time being, we’re keeping an eye on everything happening “off the field”.

Benzinga

Interview: Laguna Labs CEO Responds To SEC Chair's Comments On Regulating Ethereum

At the end of last week, the White House followed up on its March executive order with the "First-Ever Comprehensive Framework for Responsible Development of Digital Assets."

The Street

Crypto Crash Causes Big Damage Among CEOs

The collapse of cryptocurrency prices, including bitcoin, has had a sharp and unexpected impact at the top of crypto firms.

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