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The Latest Breaking News from Crypto

Biden pushes for three-month suspension of US gasoline tax

US President Joe Biden has asked Congress to approve a three-month suspension of a federal tax on gasoline, as soaring energy prices weigh on households and businesses. But the 18 cent per gallon tax represents just a fraction of what's paid at the pump, so will it really help? Also…

Tron's Stablecoin USDD Remains Below $1 For 1 Week As Investor Uncertainty Grows

Tron's Stablecoin USDD Remains Below $1 For 1 Week As Investor Uncertainty Grows

USDD (CRYPTO: USDD), Tron’s stablecoin, has failed to maintain its $1 peg for the past week, floating between 92 and 98 cents.

DeFi Yield Protocol (DYP) Token Rallies 80% After Coinbase 'Experimental' Listing

DeFi Yield Protocol (DYP) Token Rallies 80% After Coinbase 'Experimental' Listing

The native crypto token of DeFi Yield Protocol (CRYPTO: DYP) surged on Tuesday following its listing on Coinbase Global Inc (NASDAQ: COIN).

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Ethereum Classic Falls With Bitcoin, Ethereum But Here's Why The Crypto's Trend May Reverse

Ethereum Classic (CRYPTO: ETC) was trading about 5% lower on Wednesday, in sympathy with Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), whi

Crypto came tumbling after

As crypto assets are digital assets, the rate of return is sensitive to changes in the global liquidity conditions

Onus of deducting TDS primarily rests on crypto exchanges: CBDT FAQ

NEW DELHI: The income tax department on Wednesday said the 1 per cent TDS on transfer of virtual digital assets would be levied on net transaction value and the onus of deducting the tax would primarily be on the exchanges.

The Times of India

Binance.US Announces Bitcoin Trading Now Free Of Fees

Binance.US (CRYPTO: BNB) announced Bitcoin (CRYPTO: BTC) trading on multiple pairs will have no trading fees.

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BoE Explains Why Crypto Crash Survivors Could Become Future Amazons, eBays

BoE Explains Why Crypto Crash Survivors Could Become Future Amazons, eBays

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…

Fed Chair Jerome Powell's Thoughts On Cryptocurrency: 'The Same Activity Should Have The Same Regulation'

Fed Chair Jerome Powell's Thoughts On Cryptocurrency: 'The Same Activity Should Have The Same Regulation'

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.

This Wallet Just Transferred $61M Worth Of BTC Onto Coinbase

This Wallet Just Transferred $61M Worth Of BTC Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $61,158,324 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: bc1qm5pzzlvs6kwjfn5fflgqnka0vwfzfmv4jh5tt2

Anonymous Bitcoin Whale Just Moved $67M Worth Of BTC Off Coinbase

Anonymous Bitcoin Whale Just Moved $67M Worth Of BTC Off Coinbase

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $67,579,625 worth of Bitcoin off Coinbase. The BTC address associated with this transaction has been identified as: bc1qmjkd7vavvq2jqq7rf2rtq8cyun58sg6cjy3n05r63alagq2m35mqp7a55f.

This Wallet Just Transferred $72M Worth Of BTC Onto Coinbase

This Wallet Just Transferred $72M Worth Of BTC Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $72,899,682 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: bc1q7xa6hs9v83876qt6vwk8ycpzqs2yayv3utvctz

Anonymous Bitcoin Whale Just Moved $101M Worth Of BTC Off Coinbase

Anonymous Bitcoin Whale Just Moved $101M Worth Of BTC Off Coinbase

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $101,945,481 worth of Bitcoin off Coinbase. The BTC address associated with this transaction has been identified as: 3A6uuecAdVwPAwLRnrSX7gF9FGc7kgrEVP.

Dogecoin Daily: Price Slumps As Crypto Goes All Red Again, Is It All Up From Here?

Dogecoin Daily: Price Slumps As Crypto Goes All Red Again, Is It All Up From Here?

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.

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Coffee And Crypto: Wednesday's Top Stories And Price Action

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.

The Conversation

Crypto crash: market volatility is testing investor will but crypto-enthusiasts still see a future for the asset class

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…

The Guardian - UK

Tether to launch stablecoin tied to pound as UK aims to become crypto hub

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

'Black Swan' Author Likens Bitcoin Backers To 'Covidopaths' And 'Trumpobarbarians'

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

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Benzinga Before The Bell: Executive Shakeup At Amazon, Boeing Supply Chain Warning, Apple's Tim Cook Says 'Stay Tuned' On AR/MR And Other Top Financial Stories Wednesday, June 22

CNBC Moderna To establish New Vaccine Facility In Britain

Crypto.com Receives Singapore Token Permits Approval Along With Two Other Firms

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.

Ethereum Down 6%, Support At $1,000 Can Fall

Ethereum (CRYPTO: ETH), the second largest cryptocurrency by market cap, is down 7% in the past 24 hours after recovering as much as 30% in recent weeks.

The Guardian - UK

TechScape: What the crypto big freeze means for your money

In this week’s newsletter: Crypto giant Celsius is freezing out users as it tries to solve a mammoth lending crisis. So what happens if money in the bank isn’t really there?

Bitcoin Hodlers Are Selling Amid Bear Market — But Adoption Keeps Growing

Bitcoin's (CRYPTO: BTC) short-term market performance has seen better times.

Shiba Inu (SHIB) Surges 17%: Musk's Dogecoin Spillover, Lead Developer Buzz And More Factors

Shiba Inu (SHIB) shot up 17.3% over 24 hours to $0.0000096 at press time in the early hours of Wednesday morning. It gained alongside well-known meme coins including bellwether Dogecoin (CRYPTO: DOGE), which was up 6.1%. The global cryptocurrency market cap declined 0.9%.

Bitcoin (BTC) Market Shouts 'Sell,' But This Fundamental Urges 'Buy'

The world's first cryptocurrency Bitcoin (CRYPTO: BTC) had a couple of bad months, which recent on-chain data analysis revealed

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