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The Latest Breaking News from Crypto

Russian Minister Calls for Regulation on Crypto Mining

Asserting that mining of cryptocurrencies in Russia accounts for more than 2% of the total volume of energy consumed in the country, more than the electricity being used for agriculture, Vasily Shpak, Deputy Head of the Ministry of Industry and Trade said the sector needs to be regulated.

Benzinga

Indian Government 'Fairly Ready' With Consultation Paper on Crypto

The Indian government is fairly ready with a consultation paper on cryptocurrencies, a top government official Monday said, adding that organizations like International Monetary Fund and the World Bank have been consulted.

Benzinga

Bitcoin Finally Sees Relief As institutions buy the dip

Bitcoin (CRYPTO: BTC) rallied tremendously yesterday, as it soared above the short-term range between $28,500 and $30,600.

Benzinga

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Russia Estimates That Bitcoin, Ethereum, Crypto Mining Consumes 2% Of Total Electricity

A recent government estimate shows that nearly 2% of the total electricity consumption in Russia goes into crypto mining.

Benzinga

Crypto Whale Just Moved $26M Worth Of Ethereum Off Gemini

What happened: An Ethereum (CRYPTO: ETH) whale sent $26,290,541 worth of Ethereum off Gemini. The ETH address associated with this transaction has been identified as: 0x530e0a6993ea99ffc96615af43f327225a5fe536

Benzinga

Ethereum Whale Moves 23,000 ETH Off Bitfinex

What happened: An Ethereum (CRYPTO: ETH) whale sent $45,241,142 worth of Ethereum off Bitfinex. The ETH address associated with this transaction has been identified as: 0xd41cdb2a35a666e8e1f9f53054e85091b67e13af

Benzinga

$45M In Bitcoin Was Just Transferred Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $45,437,441 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: 1Dt9tpwPgXG2ECg5y34ztNaENxeLqVUHUh

Benzinga

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Bitcoin Whale Moves 2,000 BTC Off Bitstamp

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $61,065,204 worth of Bitcoin off Bitstamp. The BTC address associated with this transaction has been identified as: 35WHp4Hid61peyH4tuhNunwRj2gtNB41Lo.

Benzinga

Anonymous Bitcoin Whale Just Moved $71M Worth Of BTC Off Coinbase

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $71,312,759 worth of Bitcoin off Coinbase. The BTC address associated with this transaction has been identified as: 15tiFvm5dd1s7GFHg5zrk8GAtVzNXJVoer.

Benzinga

This Wallet Just Transferred $73M Worth Of ETH

What happened: $73,016,503 worth of Ethereum (CRYPTO: ETH) was just moved between 2 anonymous cryptocurrency wallets in a single transaction. This mysterious person's Ethereum wallet address has been identified as: 0xab7b99998206d1ccf8b13b02b7566c267f4e2313

Benzinga

This Wallet Just Transferred $329M Worth Of BTC

What happened: $329,220,439 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: bc1q2dksxduzetla363r3cz00lw7qf0fzj5xryxhqw5f7e5t2zsc3nmqc6zqua

Benzinga

Credit Suisse Slashed Snap's Price Target By 23.4%, Still Reiterated Outperform - Read Why

Snap Inc (NYSE:SNAP) recently shared its reduced expectations of Q2 FY22 revenue and EBITDA amid the challenging macroeconomic environment. Credit Suisse analyst Stephen Ju maintained an Outperform rating on Snap as it cut the price target from $77 to $59 (278.7% upside). Ju called out Snap's 1) minimal exposure to travel as consumer dollars flow from…

Benzinga

Fed Report Shows Who's Actually Using Crypto and How

Millions of lower-income or unbanked people are more likely to use cryptocurrency as a payment method.

Reason

Like the gig economy, crypto gaming is sold with promise of convenience and riches. In practice it’s deeply exploitative

Video games are increasingly incorporating blockchains, the decentralised databases that underpin cryptocurrencies, as well as NFTs and other “digital assets”. New games are emerging expressly to support blockchain technology, while traditional games are being updated to incorporate blockchains.

The Conversation

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Bangkok Post

Luna 2.0 coin crashes after rocky launch

The relaunch of the highly controversial Luna cryptocurrency faces a rocky start after losing 75% of its value.

ABC News

Many put faith in cryptocurrency but crash could lead to regulation and new consumer protections

Bitcoin came to life in 2008 as the financial system was imploding. Now that utopian vision is under fire, and everyone is asking: Will a new era of regulation kill or strengthen cryptocurrencies?

The Times of India

India finalising consultation paper on crypto currencies: DEA secretary

NEW DELHI: The government will soon finalise a consultation paper on cryptocurrencies with inputs from various stakeholders and institutions, including the World Bank and the IMF, economic affairs secretary Ajay Seth said on Monday.

The Guardian - AU

‘Complex and volatile’: cryptocurrencies should be regulated by financial watchdogs, say consumer advocates

Treasury inquiry told ‘crypto is high-risk and unsophisticated investors are at high risk of losing significant funds’

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4 Ways To Make Tax Time A Breeze If Yr Not Into Rocking Back And Forth In The Fetal Position

Get on top of it for once.

USA Today Sports Media Group

Celtics alumnus Paul Pierce reportedly being sued for involvement in cryptocurrency kerfuffle

There is increasing scrutiny on athletes lending their endorsements to NFTs and crypto after investments go wrong.

ABC News

The 'SlumDoge Millionaire' made it big with crypto. His fortune is now vanishing but he's all in

Crypto has made some investors overnight millionaires but for others it's a fad propped up by celebrity endorsements. Four Corners investigated the hype.

Benzinga

Crypto-Connected Chelsea Football Club Sale Imminent; Russian Billionaire's 20-Year Ownership To End

The much-hyped Chelsea Football Club’s sale to the Todd Boehly group may be completed as soon as by Monday. Clearlake Capital will back the deal.

Benzinga

Ethereum Whale Buys $1.5M Worth Of Shiba Inu In One Shot

Even though the price of Dogecoin (CRYPTO: DOGE) rival Shiba Inu (CRYPTO: SHIB) continues to fall, Ethereum (CRYPTO: ETH) whales seem to have a good

Benzinga

Billionaire Mike Novogratz Says Bitcoin Will Lead Next Rally: Here's Why

Galaxy Digital CEO Mike Novogratz has some advice for crypto investors. In a recent tweet, he said that Bitcoin (CRYPTO: BTC) will lead the next cryptocurrency rally.

Benzinga

Terra (LUNA) Community Approves Proposal To Burn 1.3B TerraUSD (UST)

Terra (CRYPTO: LUNA) tokenholders voted on proposal 1747 and decided to burn 1.388 billion TerraUSD (CRYPTO: UST) tokens after the stablecoin collapsed earlier this month.

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