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The Latest Breaking News from Crypto

Users owed £4 billion by bust crypto lender Celsius

A staggering $4.7 billion (£4 billion) of assets is owed to users of bankrupt crypto lender Celsius Network, court filings show, as crypto holders struggle to recover their investments in the wake of the Bitcoin price crash.

Evening Standard

Bitkub deal delay casts doubts over SCB’s makeover

A delayed deal between Thailand’s oldest bank and its largest cryptocurrency exchange is raising doubts about the 115-year-old financial group’s ambition to become a regional fintech powerhouse.

Bangkok Post

Bitcoin, Ethereum, Dogecoin Unfazed By Upcoming Rate Hike: Why This Analyst Is Waiting For A 'Big Short Squeeze'

Major coins, including Bitcoin, traded in the green at press time on Thursday, as the global cryptocurrency market cap rose 2.8% to $925.2 billion.

Benzinga

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Are Bitcoin, Ethereum About To Lead The Stock Market Higher?

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) were trading higher by over 2% and 7%, respectively on Thursday, compared to the S&P 500, which closed down slightly under Wednesday’s closing price.

Benzinga

PlayStation Stars digital collectibles sound too much like NFTs

My “definitely not NFTs” T-shirt has people asking a lot of questions already answered by my T-shirt.

Inverse

2023 Grammy Awards will return to usual LA venue for first time in three years

LOS ANGELES — Thanks to pandemic-related setbacks, for the first time in three years the Grammy Awards are set to return to their usual Los Angeles home at Crypto.com Arena.

Los Angeles Times

Celsius bankruptcy signals more pain for users with frozen funds

The crypto exchange paused withdrawals in June and has now officially filed Chapter 11. Meanwhile, users' money is still stuck in limbo with no end in sight.

Input

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EXCLUSIVE: Kevin O'Leary Says 'Idiots' Are Holding Crypto Back, But Regulation Can Bolster Bitcoin Value

Bitcoin (CRYPTO: BTC), the world’s largest — and first — decentralized cryptocurrency, will quadruple in value if the sector gets regulated, according to Shark Tank's Kevin O'Leary in an exclusive interview with Benzinga.

Benzinga

Dogecoin Daily: Crypto Reacts To Record Inflation Numbers, Co-Creator Recommends Reading Karl Marx

Dogecoin (CRYPTO: DOGE) traded nearly flat at $0.06 over 24 hours leading up to early Thursday morning. DOGE saw minimal movement while other major coins traded slightly in the green at press time. The global cryptocurrency market cap registered a 2.4% increase to $892.7 billion.

Benzinga

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

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

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Input

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.

USA Today Sports Media Group

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.

Benzinga

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

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StockNews.com

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…

Evening Standard

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.

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…

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.

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