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The Latest Breaking News from Crypto

Bitcoin eyes record losing streak as 'stablecoin' collapse crushes crypto

SINGAPORE: Cryptocurrencies nursed large losses on Friday, with bitcoin pinned below US$30,000 and set for a record losing streak as the collapse of TerraUSD, a so-called stablecoin, rippled through markets.

Bangkok Post

Dogecoin Stages Sharp Recovery: What's Driving It?

Dogecoin (CRYPTO: DOGE) shot up over 23% to $0.09 over 24 hours leading up to early Friday morning. DOGE recovered alongside other major coins as the global cryptocurrency market cap rose 13.2% to $1.3 trillion at press time.

Benzinga

Jack Dorsey's Block Would Shine If It Wasn't For Bitcoin Holding It Back, Says Analyst

Equity research analysts from Mizuho believe that Jack Dorsey’s payments firm Block Inc (NASDAQ: SQ) should downplay its association with Bitcoin (CRYPTO:

Benzinga

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Elon Musk ‘still committed’ to Twitter deal after putting it on hold – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

$760M Liquidated From Crypto Markets As Bitcoin Reclaims $30,000 Level

Over 230,000 crypto traders saw liquidations worth $760 million over the last 24 hours.

Benzinga

Terra (LUNA) Founder Do Kwon Said To Ask For 'Emergency Protection' From Police

South Korean police are investigating a report that an unknown person visited the residence of Terra (CRYPTO: LUNA) founder Do Kwon.

Benzinga

Cathie Wood Adds $14M In Coinbase As Stock Weathers Massive Crypto Crash

Cathie Wood-led Ark Investment Management scooped up more shares in Coinbase Global Inc (NASDAQ: COIN) on Thursday as the cryptocurrency trading platform emerged from a massive slump

Benzinga

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Bitcoin, Ethereum, Dogecoin Just Under Key Levels After Crypto Crash — Analyst Says Investors Vulnerable To 'One Last Plunge'

Bitcoin and Ethereum hovered just under key psychological levels, as the global cryptocurrency market cap declined 2.2% to $1.2 trillion at press time.

Benzinga

Much Currency! Much Wow! Why Dogecoin Could Be Getting Another Elon Musk-Fueled Lift Thursday

Meme cryptocurrency Dogecoin (CRYPTO: DOGE) is no stranger to sudden spikes in its price.

Benzinga

'Evil genius' may have caused Terra and Luna cryptocurrencies to crash in a 'death spiral'

The devastating effects of the crash of crypto "stablecoins" Terra and Luna are being felt by many but their crash may have been orchestrated in one massive piece of ethically questionable trading.

ABC News

ASX defies Wall Street downer, as crypto struggles and $A falls

The Australian share market is ending the week on a high, despite global markets still struggling with looming rate hikes, war and inflation.

ABC News

Terra Founder Wants To Save TerraUSD As Reports Suggest He Was Behind The Basis Cash Failed Stablecoin

Terra (CRYPTO: LUNA) founder Do Kwon announced plans to attempt to save his unstable stablecoin TerraUSD (CRYPTO: UST) while some are suggesting he was also behind failed stablecoin Basis

Benzinga

How crypto bear markets work

The industry is on firmer footing today than it was in 2018's Crypto Winter.

Axios

Stocks across Asia nosedive

The Thai bourse plunged yesterday, in line with global stock and cryptocurrency markets, as investors worried the Federal Reserve may implement more aggressive rate hikes to tackle runaway inflation.

Bangkok Post

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Benzinga

Celo, Arweave Among Top Crypto Movers In 24H

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

Benzinga

Charles Hoskinson Shares Plan To Avoid Economic Collapse: How Crypto Could Help

One of the biggest names in the world of cryptocurrency shared thoughts on the current state of the global economy and inflation this week.

Benzinga

If You Invested $1,000 In The Coinbase IPO, Here's How Much You'd Have Now

Cryptocurrency platform Coinbase Global Inc (NASDAQ: COIN) had one of the biggest public listings of all time when it went public via direct listing in April 2021. Here’s a look back at how shares have done since the Coinbase IPO.

Benzinga

Shiba Inu Attempts Recovery With Dogecoin, Bitcoin: Why A Bigger Bounce May Come

Shiba Inu (CRYPTO: SHIB) was trading about 5% lower at press time, which represented somewhat of a recovery from the 27% decline the crypto had suffered earlier in the 24-hour trading period.

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Benzinga

Will Ethereum Be The First Crypto To Recover?

In yesterday's article on Bitcoin (CRYPTO: BTC), I highlighted a support level where the price is trading around that has the potential to end its decline and enco

Benzinga

Why Bitcoin Looks Set For Upside Continuation

Bitcoin (CRYPTO: BTC) saw whipsaw action during the first part of the 24-hour trading session, falling almost 15% lower between 9 p.m. on Wednesday and 3 a.m. on Thursday before recovering all of its losses and trading higher by midday.

Benzinga

Tether Untethers From Dollar: Are The Fears Justified?

Leading stablecoin Tether (CRYPTO: USDT) saw its value fall as low as 95 cents — possibly a price not seen since 2017 — after Wednesday's collapse of&

Benzinga

If You Shorted Dogecoin When Tesla CEO Elon Musk Hosted 'SNL,' Here's How Much You'd Have Now

It’s no secret meme cryptocurrency Dogecoin (CRYPTO: DOGE) fell sharply after Tesla Inc (NASDAQ: TSLA) CEO Elon Musk's perfo

Benzinga

$233M DOGE Transferred In The Aftermath Of The Terrapocalypse

Nearly 233 million Dogecoin (CRYPTO: DOGE) was moved from an unknown address to an unknown wallet in a single transaction on Thursday.

Benzinga

A Lehman Moment For Crypto? Breaking The Buck In Terra's Stablecoin UST As LUNA Collapses.

Breaking The Buck In The Crypto Collapse

Benzinga

Bancor 3 Launches With Impermanent Loss Protection Promising Sustainable DeFi Liquidity

Major Ethereum (CRYPTO: ETH)-based decentralized finance (DeFi) protocol Bancor (CRYPTO: BNT) launched the third iteration of its decentralized application (DApp) which introduced impermanent loss protection.

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