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The Latest Breaking News from Crypto

Another Prominent Crypto Lender Goes Down

Celsius Network was one of the first crypto lenders to prevent its customers from withdrawing their money last month.

The Street

Celsius Network files for bankruptcy amid continued crypto woes

Crypto lender Celsius Network has filed for bankruptcy as it becomes the latest victim of the Bitcoin price crash.

Evening Standard

Crypto lender Celsius files for bankruptcy

NEW YORK: US crypto lender Celsius Network said on Wednesday it has filed for bankruptcy, becoming the latest victim in the cryptocurrency sector to wilt under a dramatic plunge in prices.

Bangkok Post

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Inside Celsius: how one of crypto’s biggest lenders ground to a halt

Former employees and internal documents suggest a reckless pursuit of high returns put the company in a poor position to ride out this year’s market turbulence

Financial Times

Celsius Network: cryptocurrency lender files for bankruptcy

Company enters Chapter 11 process as fallout continues from collapse of global cryptocurrency networks

The Guardian - AU

Bitcoin, Ethereum, Dogecoin Surge Despite Red Hot Inflation: Is Apex Crypto Showing Signs Of Stabilizing?

Bitcoin and other major cryptocurrencies rose Wednesday, brushing off hotter than expected inflation, as the global cryptocurrency market cap rose 4.6% to $902.7 billion.

Benzinga

Hostess announces new crypto-themed snack called, um, 'Twinkcoin'

Yes it is really called that, and it actually has nothing to do with the blockchain.

Input

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Soaring Inflation Could Dampen Crypto, Analysts Say

Soaring inflation will make investors less inclined to buy cryptocurrencies, some analysts say, while others see a silver lining amid the high numbers.

The Street

For Bitcoin Believers Musk and Saylor, a Reckoning Looms

Elon Musk and Michael Saylor lead, respectively, Tesla and MicroStrategy, which bet big on the king of cryptocurrencies.

The Street

Barracuda Championship is first PGA Tour stop to accept cryptocurrency for tickets

The Barracuda Championship is the first PGA Tour event to accept cryptocurrency payments for tickets.

USA Today Sports Media Group

Dogecoin (DOGE) Drops As Nervousness Persists

Dogecoin (CRYPTO: DOGE) traded 2.05% lower at $0.06 over 24 hours leading up to the early hours of Wednesday. DOGE fell in tandem with other major coins as the global cryptocurrency market cap declined 1.5% to $873.1 billion at press time.

Benzinga

Benzinga Before The Bell: Most Effective Covid-19 Vaccine, Google's Hiring Slowdown, Panasonic's New EV Battery And Other Top Financial Stories Wednesday, July 13

CNBC Bankrupt Crypto Firm Three Arrows Capital’s Assets Frozen By New York Judge

Benzinga

Is the Crypto Collapse Finally Over? Which Ticker to Look at First

Crypto assets have seen a massive fall from their late 2021 highs. Coinbase Global (COIN) has fallen 78.5% year-to-date due to the highly uncertain macroeconomic environment. Despite its poor financials, the company remains bullish on its investments in decentralized finance and NFTs. However, given the unfavorable analyst estimates about COIN’s…

StockNews.com

Cardano price prediction: What’s on the horizon?

Down to £0.38 from £1.02 at the start of the year, Cardano (ADA) is at its lowest price since February 2021, having suffered as much from the crypto winter of 2022 as bitcoin, Ethereum and many other tokens.

Evening Standard

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Benzinga

Bitcoin, Ethereum, Dogecoin Continue To Bleed: Analyst Points To Key Level To Watch For 'Oversold' Apex Coin

As investors await inflation data, Bitcoin and other major coins continue to tread red waters. The global cryptocurrency market cap declined 2.85% to $864.3 billion on Tuesday.

Input

Bitcoin miners pause operations in Texas to curb blackouts

For miners eating the cost of a massive crypto nosedive, the temporary pause may actually be welcome.

Benzinga

Bitcoin, Ethereum Investors Remain Hopeful As Crypto Faces Its Worst Year Yet: Benzinga Exclusive Finds

In a recently conducted exclusive survey, Benzinga found that a majority of investors believe it is a good time to invest in cryptocurrencies.

Benzinga

7 Ways To Profit During A Crypto Bear Market

All financial markets experience different cycles and market conditions. Since crypto asset prices also go through prolonged periods of bullish and bearish movements, the crypto market is no exception. The most dreaded market phase for crypto traders and investors is a declining or bearish phase, especially one that sustains itself…

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Benzinga

Top 10 Celebrity Crypto Fails

This article was originally published on Investingoal and appears here with permission. Crypto has exploded over the past few years with people making massive returns on investment by investing in assets like Bitcoin and Ethereum as well as digital art projects or NFTs.

Benzinga

The State of Crypto Investing Right Now: A Flashback TO The 90's And How to Minimize Risk

By CK Zheng, Co-founder and CIO, ZX Squared Capital

Asharq Al-Awsat

Binance Served Crypto Traders in Iran Despite US Sanctions

The world's largest crypto exchange, Binance, continued to process trades by clients in Iran despite US sanctions and a company ban on doing business there, a Reuters investigation has found. In 2018, the United States reimposed sanctions that had been suspended three years earlier as part of Iran’s nuclear deal…

Evening Standard

Collapsed crypto fund co-founder hits back at liquidators after ‘threats of physical violence’

A co-founder of a collapsed crypto hedge fund reportedly once worth $10 billion has hit back at accusations by liquidators that he is refusing to cooperate with them.

The Guardian - UK

‘They couldn’t even scream any more. They were just sobbing’: the amateur investors ruined by the crypto crash

Fuelled by hype and hysteria, the market in bitcoin and other cryptocurrencies went from an obscure niche to a $3tn industry. Then the house of cards collapsed

Benzinga

Bitcoin, Ethereum, Dogecoin Plunge As Diamond Hands Feel The Pain: How Much Longer Will Crypto Slide Last?

Bitcoin traded below a key psychological level on Monday evening, while other major coins also slid, as the global cryptocurrency market declined 4.05% to $888.7 billion at press time.

Investors Business Daily

Texas Crypto Mining: Firms Feel The Heat Of Grid Stress

A heat wave causing record electricity demand in the Loan Star State is also cause for concern among Texas crypto mining operations.

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