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The Latest Breaking News from Crypto

Why General Motors Stock Looks Poised To Charge Higher

General Motors Company (NYSE: GM) was rising Tuesday after breaking up from a descending trendline that Benzinga called out April 26.

Benzinga

Crypto Whale Just Moved $22M Worth Of Ethereum (ETH) Off Bitfinex

What happened: An Ethereum (CRYPTO: ETH) whale sent $22,576,567 worth of Ethereum off Bitfinex. The ETH address associated with this transaction has been identified as: 0xd41cdb2a35a666e8e1f9f53054e85091b67e13af

Benzinga

Ethereum Whale Just Transferred $25M Worth of ETH Onto Binance

What happened: An anonymous cryptocurrency wallet holding $25,069,660 of Ethereum (CRYPTO: ETH) just transferred their funds onto Binance. The Ethereum wallet address tied to this transfer has been identified as: 0xf3e36ad56aa85abdacc18c02d19509ae4f7d5899.

Benzinga

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Anonymous Crypto Wallet Moves $40M Worth Of Bitcoin Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $40,000,179 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: 1NeW6QdZSN46JM7hJvtQ5uhjKMCvoyR4dQ

Benzinga

Ethereum Whale Moves 14,098 ETH Off Gemini

What happened: An Ethereum (CRYPTO: ETH) whale sent $40,032,139 worth of Ethereum off Gemini. The ETH address associated with this transaction has been identified as: 0x4399f61795d3e50096e236a6d31ab24470c99fd5

Benzinga

Crypto Whale Just Moved $48M Worth Of Ethereum (ETH) Off Gemini

What happened: An Ethereum (CRYPTO: ETH) whale sent $48,206,729 worth of Ethereum off Gemini. The ETH address associated with this transaction has been identified as: 0x530e0a6993ea99ffc96615af43f327225a5fe536

Benzinga

This Wallet Just Transferred $58M Worth Of BTC Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $58,271,015 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: 1P5ZEDWTKTFGxQjZphgWPQUpe554WKDfHQ

Benzinga

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Bitcoin Whale Moves 4,002 BTC Off Gemini

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $153,852,420 worth of Bitcoin off Gemini. The BTC address associated with this transaction has been identified as: 3Kzh9qAqVWQhEsfQz7zEQL1EuSx5tyNLNS.

Benzinga

Someone Just Sent $384M In Bitcoin Onto Gemini

What happened: An anonymous cryptocurrency wallet holding $384,857,910 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Gemini. The bitcoin wallet address tied to this transfer has been identified as: 38UmuUqPCrFmQo4khkomQwZ4VbY2nZMJ67

Benzinga

Algorand To Become The Official Blockchain Platform For FIFA

Algorand (CRYPTO: ALGO) — a major proof-of-stake blockchain famous for being environmentally-friendly — will assist Fédération Internationale de Football Association (FIFA) in developing a digital assets strategy and official wallet solution.

Benzinga

Critics see risk in ‘algorithmic’ stablecoins

WASHINGTON — A new type of digital asset called an algorithmic stablecoin is gaining steam among crypto-enthusiasts — and drawing steam among critics, who warn its risks are in plain sight.

Tribune News Service

Washington Warming To Crypto? Coinbase's Brian Armstrong Says Over 50% Of People In D.C. Are 'Pro Crypto' Now

Policymakers may be slowly and steadily warming to the concept of cryptocurrencies and its adoption, according to Coinbase Global, Inc. (NASDAQ: COIN) co-founder and chief executive officer Brian Armstrong.

Benzinga

Argentina's Top Two Banks To Facilitate Crypto Purchases By Customers

Argentina's largest bank Banco Galicia and its fastest-growing challenger, digital bank Brubank, both decided to start allowing their customers to acquire cryptocurrencies such as Bitcoin (CRYPTO: BTC).

Benzinga

Want To Buy Crypto? Check Out The Top Movers For Today

After pulling data from Benzinga Pro the following is the list of top crypto gainers and losers at the time of publication:

Benzinga

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Benzinga

Morning Brief: Top Financial Stories Dominating on Tuesday, May 3

Bloomberg

Benzinga

How Do Bitcoin Miners Generate Cash Without Selling Crypto Holdings?

Bitcoin (CRYPTO: BTC) miners have embraced new strategies to finance operations without selling any of their crypto holdings.

Benzinga

Crypto.com Restarts Card Rewards After Community Backlash And Cronos (CRO) Crash

Crypto.com has opted to reverse its decision to slash card staking entirely after backlash from the cryptocurrency community. What Happened: On Monday, Singapore-based cryptocurrency exchange Crypto.com said it would reduce the rewards on its visa-based cards.

Benzinga

Venture Capitalists Exhibit FOMO, Invest in Growing Crypto Universe

Venture capital investment in crypto projects reached a record $10 billion globally in the first quarter of 2022, Reuters reports.

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Evening Standard

Mode looks to reset with launch of bitcoin cashback

Crypto fintech business Mode has sought to reset its business with the launch of a new bitcoin cashback scheme, months after an embarrassing climbdown that led to the exit of its CEO.

Benzinga

SEC Hires 20 Crypto Experts To Crack Down On Fraud

The United States Securities and Exchange Commission is in the process of hiring 20 cryptocurrency experts for its enforcement units to better confront the illegal activities conducted with the use of digital assets such as Bitcoin (CRYPTO: BTC).

Benzinga

Ken Griffin 'Still Waiting' For Crypto To Make World Better But Says Citadel Will Be 'More Involved'

Ken Griffin, the billionaire founder of Citadel Securities, is still skeptical about cryptocurrency.

Benzinga

With The ETH Merge Just Around The Corner, Should You Buy The Dip?

Despite the aggregate crypto market’s relatively sluggish start to 2022, Ethereum’s (CRYPTO: ETH) on-chain metrics look incredibly good. The utility and adoption of Ethereum have picked up the pace over the past few months, with rising capital inflow and on-chain activity.

WEKU

A new kind of 'mining' has arrived in the Ohio Valley. What will crypto mean for the region?

But Blockware Mining isn’t alone in Kentucky. As the technology takes off, a cryptocurrency mining boom is taking place in the state that’s known for mining coal. It’s a burgeoning industry that investors see as a cutting-edge economic opportunity. But critics say it’s compounding the world’s preeminent crisis – climate…

Benzinga

Enjin Coin, Synthetix Network Token Among Top Crypto Movers In 24H

According to Benzinga Pro, the following are the crypto gainers and losers at the time of publication:

Benzinga

Dogecoin Consolidates Weekend Flush: Can The Crypto Run Higher Or Is More Downside Imminent?

Dogecoin (CRYPTO: DOGE) was trading over 3% lower on Monday, in continued consolidation after a 5.5% decline on Saturday, which Benzinga called out

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