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The Latest Breaking News from Crypto

Coffee And Crypto: What Is Bitcoin's Price Wednesday Morning?

The worldwide cryptocurrency market capitalization is at $909.1 billion, down from $947.8 billion on Tuesday.

Benzinga

Dogecoin Daily: No Sign Of Market Woes Ending But There's A Silver Lining

Dogecoin (CRYPTO: DOGE) traded 2.9% lower at $0.05 over 24 hours leading up to early Wednesday morning. DOGE crashed alongside other major coins as the global cryptocurrency market cap declined 2.4% to $939 billion at press time.

Benzinga

Cryptocurrency ‘bloodbath’ threatens multibillion-dollar hedge fund

Three Arrows Capital founder takes to Twitter to assuage fears after 25% drop in price of bitcoin in a single day

The Guardian - UK

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Celsius Halts Withdrawals, But The Worst May Be Yet To Come: What Investors Need to Know

This Sunday, crypto financial services giant Celsius (CRYPTO: CEL) saw its dedicated token flash crash after market pressure forced the company to suspend withdrawals from its platform.

Benzinga

Bill Gates Slams Crypto, NFTs: Shams Based On 'Greater Fool Theory'

Microsoft Corp (NASDAQ: MSFT) co-founder Bill Gates has launched a barge of criticism against cryptocurrencies and non fungible tokens (NFTs) on Tuesday.

Benzinga

TechScape: why you shouldn’t worry about sentient AI … yet

A researcher says Google has created an AI being with smarts and soul, but my own attempt reveals the truth behind those claims. Plus, the latest crypto crash

The Guardian - UK

Bitcoin crashes further as crypto market losses top £300 billion in a week

The crash has now wiped over £300 billion from the combined value of crypto assets

Evening Standard

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Coinbase to lay off 18% of workers as crypto winter worsens

Coinbase Global Inc announced Tuesday will lay off 18% of its workforce in another sign of a worsening crypto downturn that’s shaved off trillions of the total cryptocurrency market value.

Bangkok Post

Elon Musk's First Reaction To Latest Crypto Bloodbath Is Here

Tesla Inc.

Benzinga

Three Arrows Co-Founder Gives Pace To Insolvency Rumors: 'Fully Committed To Working This Out'

Zhu Su, the co-founder of the cryptocurrency investment firm Three Arrows Capital has spoken out on social media as rumors swirl around the hedge fund’s impending insolvency.

Benzinga

Bill Gates blasts crypto, NFTs as based on ‘Greater-Fool’ theory

Billionaire Bill Gates dismissed cryptocurrency projects such as nonfungible tokens as shams “based on the greater-fool theory” at a climate conference Tuesday, reviving past criticisms of digital assets.

The Times of India

Bitcoin, Ethereum, Dogecoin Subdued Ahead Of Fed Meet: Crypto Layoffs Abound As Bear Market Bites

Bitcoin, Ethereum and other major coins were trading lower on Tuesday evening as the global cryptocurrency market cap fell 0.6% to $986 billion at press time.

Benzinga

Celsius Faces Liquidity Crisis, But How Are Other Crypto Firms Faring?

Global markets took a catastrophic hit yesterday, as the Nasdaq was down 4.60% and the S&P 500 was down 3.88%. Crypto suffered the most, as Bitcoin dropped over 20% to reach a low of $20,800. Ever since the crypto rally in November, in response to Bitcoin ETF Futures product being…

Benzinga

Do You Believe Bitcoin Is Heading Below $15K, Ethereum Below $1K And Dogecoin Below 5 Cents By The End Of October?

Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. This week, we posed the following questions to over 1,000 Benzinga visitors on cryptocurrency investing:

Benzinga

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WEKU

Coinbase lays off 18% of its workforce. The CEO cites an upcoming crypto winter

The company's platform allows people to buy and sell cryptocurrency. It had just gone public last year.

Benzinga

If You Held $1,000 In Bitcoin, Ethereum, And Dogecoin On New Year's Day, Here's How Much You Would've Lost This Year

The cryptocurrency markets have been in a sharp downtrend over the last week. The market cap of the crypto sector currently sits at $977 billion, which is approximately one-third of its all-time high. Consequently, retail investors globally have suffered major losses, as most cryptocurrencies are trading 70% below their all-time…

The New Daily

A Ponzi scheme is a Ponzi scheme, crypto or otherwise

A facet of the crashing crypto game has reminded me of a journalistic failure 25 years ago, a story that got away and cost mugs millions of dollars.

Benzinga

What Is The Price Of Bitcoin Right Now?

The worldwide cryptocurrency market capitalization is at $947.8 billion, up from $943.6 billion on Tuesday morning.

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Benzinga

Mistaken Identity? Drink Maker Celsius Falls 10% On Monday

“What’s in a name? That which we call a rose by any other name would smell just as sweet.” A beverage company might be wishing it didn’t share a name with a cryptocurrency platform after being mistakenly linked.

Benzinga

Crypto Valley Exclusive: Partisia CEO Discusses Changing The Internet Economy's Business Model

Kurt Nielsen, CEO and co-founder of blockchain company Partisia, recently spoke with Benzinga at the Crypto Valley ev

Benzinga

Mike Novogratz Says Bitcoin Will 'Explode North' The Moment This Happens

The cryptocurrency market has been following traditional markets lower since the start of the year, but one investor said crypto will lead markets higher on the other side of the Federal Reserve's most aggressive tightening cycle in more than 40 years.

Daily Mirror

Bitcoin prices crash to 18-month low - what experts think will happen next

Bitcoin prices are falling after a series of blows, and now financial professionals say cryptocurrencies could crash even further as investors stand to lose even more money

Benzinga

Ethereum Whale Moves 16,518 ETH Off Gemini

What happened: An Ethereum (CRYPTO: ETH) whale sent $20,027,194 worth of Ethereum off Gemini. The ETH address associated with this transaction has been identified as: 0xeb37033cf75339ee581a652acb1552e7ac9db485

Benzinga

Someone Just Sent 6,800 Bitcoin Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $150,847,252 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: 1BDDP24sXewavb22C5cTEiQQDU5Qcn9957

Benzinga

$300M In Bitcoin Was Just Transferred Between 2 Wallets

What happened: $300,214,336 worth of Bitcoin (CRYPTO: BTC) was just moved between 2 anonymous cryptocurrency wallets in a single transaction. This mysterious person's bitcoin wallet address has been identified as: 3C6zA5jP5f8s6CNihAgBWXrmEdtvUypxbc

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