The Latest Breaking News from Crypto

Bank of England Deputy Governor Jon Cunliffe sees a possibility for crypto meltdown survivors to become the future technology companies, rivaling Amazon.com Inc (NASDAQ:AMZN) and eBay Inc (NASDAQ: EBAY), Bloomberg reports from a Zurich forum. Cunliffe drew parallels between the meltdown wiping more than $1 trillion off the value of Bitcoin and other cryptocurrencies to the dot-com collapse at…

Federal Reserve Chair Jerome Powell began his two days of testimony before the U.S. Congress on Wednesday. This meeting on Capitol Hill follows the 8.6% uptick in the consumer price index (CPI), which came out last month — this was the highest increase since December 1981.

Dogecoin (CRYPTO: DOGE) traded 5.75% lower at $0.06 over 24 hours leading up to Wednesday morning.  DOGE moved lower alongside other major cryptocurrencies traded as the global cryptocurrency market cap declined 2.8% to $915 billion.

The worldwide cryptocurrency market capitalization is at $893.8 billion on Wednesday, down from $927 billion on Tuesday afternoon. Crypto asset broker and trading platform Voyager Digital announced on Wednesday that it is threatening the hedge fund Three Arrows Capital (3AC) with a default notice over its debt to Voyager.

Bitcoin, the original cryptocurrency, remains a bellweather for the sector. It hit an all-time high of more than US$68,000 (£55,600) in November 2021, when the overall value of the cryptocurrency market was close to US$3 trillion. In the months since, however, most major cryptocurrencies have fallen by more 70% and…

Launch of digital asset to track value of £1 comes despite contraction of cryptocurrency sector

“Black Swan” author  Nassim Nicholas Taleb compared Bitcoin (CRYPTO: BTC) maximalists to COVID-19 conspiracy theorists and followers of former President Donald Trump.

CNBC Moderna To establish New Vaccine Facility In Britain

Singapore will be issuing in-principle approvals for Crypto.com, Genesis, and Sparrow Tech to provide digital payment token services in the city-state, even as it maintains a strict cryptocurrency licensing regime, Bloomberg reported.