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The Latest Breaking News from Crypto

Bill Gates blasts crypto, NFTs as based on ‘Greater-Fool’ theory

Billionaire Bill Gates dismissed cryptocurrency projects such as nonfungible tokens as shams “based on the greater-fool theory” at a climate conference Tuesday, reviving past criticisms of digital assets.

The Times of India

Bitcoin, Ethereum, Dogecoin Subdued Ahead Of Fed Meet: Crypto Layoffs Abound As Bear Market Bites

Bitcoin, Ethereum and other major coins were trading lower on Tuesday evening as the global cryptocurrency market cap fell 0.6% to $986 billion at press time.

Benzinga

Celsius Faces Liquidity Crisis, But How Are Other Crypto Firms Faring?

Global markets took a catastrophic hit yesterday, as the Nasdaq was down 4.60% and the S&P 500 was down 3.88%. Crypto suffered the most, as Bitcoin dropped over 20% to reach a low of $20,800. Ever since the crypto rally in November, in response to Bitcoin ETF Futures product being…

Benzinga

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Do You Believe Bitcoin Is Heading Below $15K, Ethereum Below $1K And Dogecoin Below 5 Cents By The End Of October?

Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. This week, we posed the following questions to over 1,000 Benzinga visitors on cryptocurrency investing:

Benzinga

Coinbase lays off 18% of its workforce. The CEO cites an upcoming crypto winter

The company's platform allows people to buy and sell cryptocurrency. It had just gone public last year.

WEKU

If You Held $1,000 In Bitcoin, Ethereum, And Dogecoin On New Year's Day, Here's How Much You Would've Lost This Year

The cryptocurrency markets have been in a sharp downtrend over the last week. The market cap of the crypto sector currently sits at $977 billion, which is approximately one-third of its all-time high. Consequently, retail investors globally have suffered major losses, as most cryptocurrencies are trading 70% below their all-time…

Benzinga

A Ponzi scheme is a Ponzi scheme, crypto or otherwise

A facet of the crashing crypto game has reminded me of a journalistic failure 25 years ago, a story that got away and cost mugs millions of dollars.

The New Daily

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What Is The Price Of Bitcoin Right Now?

The worldwide cryptocurrency market capitalization is at $947.8 billion, up from $943.6 billion on Tuesday morning.

Benzinga

Mistaken Identity? Drink Maker Celsius Falls 10% On Monday

“What’s in a name? That which we call a rose by any other name would smell just as sweet.” A beverage company might be wishing it didn’t share a name with a cryptocurrency platform after being mistakenly linked.

Benzinga

Crypto Valley Exclusive: Partisia CEO Discusses Changing The Internet Economy's Business Model

Kurt Nielsen, CEO and co-founder of blockchain company Partisia, recently spoke with Benzinga at the Crypto Valley ev

Benzinga

Mike Novogratz Says Bitcoin Will 'Explode North' The Moment This Happens

The cryptocurrency market has been following traditional markets lower since the start of the year, but one investor said crypto will lead markets higher on the other side of the Federal Reserve's most aggressive tightening cycle in more than 40 years.

Benzinga

Bitcoin prices crash to 18-month low - what experts think will happen next

Bitcoin prices are falling after a series of blows, and now financial professionals say cryptocurrencies could crash even further as investors stand to lose even more money

Daily Mirror

Ethereum Whale Moves 16,518 ETH Off Gemini

What happened: An Ethereum (CRYPTO: ETH) whale sent $20,027,194 worth of Ethereum off Gemini. The ETH address associated with this transaction has been identified as: 0xeb37033cf75339ee581a652acb1552e7ac9db485

Benzinga

Someone Just Sent 6,800 Bitcoin Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $150,847,252 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: 1BDDP24sXewavb22C5cTEiQQDU5Qcn9957

Benzinga

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Benzinga

$300M In Bitcoin Was Just Transferred Between 2 Wallets

What happened: $300,214,336 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: 3C6zA5jP5f8s6CNihAgBWXrmEdtvUypxbc

Benzinga

This Wallet Just Transferred $300M Worth Of BTC

What happened: $300,313,043 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: 3HpLwTSsQJAARos9uD6sjd5euL8UV7SXua

Benzinga

$304M In Bitcoin Was Just Transferred Between 2 Wallets

What happened: $304,616,694 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: bc1q772l2adplfnzlfv9ywtwmhmrykt66kvwql08tw

Benzinga

Celsius Posts 7000+ Bitcoin As Collateral: Here's The Updated Price Of A Complete Liquidation

Over the past 3 days, Celsius (CRYPTO: CEL) has added over 7000 Wrapped Bitcoin (CRYPTO: WBTC) to avoid the risk of mass liquidation.

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Benzinga

Cryptocurrency Is Becoming an Absolute Game Changer in Today's Real Estate Transactions

In just a few short years, the public’s perception of cryptocurrency has evolved dramatically. It began with many first seeing it as a novel but impractical idea, then as a scam, then as a valid but volatile investment, and now, it’s finally starting to be seen as a legitimate form…

Axios

Coinbase lays off 1,100 full-time workers over recession fears

CEO Brian Armstrong said managing costs would be critical with the possibility of recession leading to a crypto winter.

Benzinga

Not Bitcoin Or Gold: 'Rich Dad Poor Dad' Author Says This Is The Best Investment To Beat Inflation Right Now

“Rich Dad, Poor Dad” author Robert Kiyosaki reminded his 1.9 million Twitter followers that they cannot eat Bitcoin (CRYPTO: BTC), gold and silver.

The Guardian - UK

Crypto exchanges Coinbase and BlockFi lay off hundreds of staff

Employees hit by cryptocurrency crash as bitcoin price has plummeted in recent weeks

Benzinga

Coffee And Crypto: What's The Price Of Bitcoin Right Now?

The worldwide cryptocurrency market capitalization is at $943.6 billion on Tuesday morning, down from $968 billion just 24 hours ago. Investors are continuing to sell off crypto assets amid heightened inflationary pressures and a looming recession.

Benzinga

Dogecoin Daily: Is Now The Time To Drown Sorrows With DOGE Vodka or Be 'Hangry?'

Dogecoin (CRYPTO: DOGE) traded 2.2% lower at $0.6 over 24 hours leading up to early Tuesday morning. DOGE dropped lower along with other major coins amid a market-wide rout that extended until press time.

Benzinga

'Plan For The Worst So We Can Operate The Business Through Any Environment,' Coinbase CEO Announces 18% Staff Reduction

Cryptocurrency trading platform Coinbase Global (NASDAQ: COIN) announced a restructuring plan and the expectation for job cuts Tuesday morning, sending shares lower. Here are the details.

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