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The Latest Breaking News from Crypto

New York Puts Bitcoin Mining in the Crosshairs

It’s one of many anti-cryptocurrency policies emanating from the Empire State

Reason

SEC’s new crypto enforcers are coming for DeFi, lawyers say

WASHINGTON — The Securities and Exchange Commission’s decision to beef up its cryptocurrency enforcement staff could signal new worries for digital asset exchanges and others in the industry, as the agency broadens its view of whether some cryptocurrencies are securities.

Tribune News Service

Shanghai Tries New Tactics to Stamp Out Crypto Mining

Companies running data centers are required to conduct self-checks and pledge not to engage in the power-hungry activity

Caixin Global

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SEC's new crypto enforcers are coming for DeFi, lawyers say - Roll Call

Lawyers say the SEC's boosting of cryptocurrency enforcement will put more scrutiny on decentralized finance platforms and NFTs.

Roll Call

Cathie Wood's Ark Notes Ethereum Arbitrage Opportunity Amid Celsius-Induced Crypto Bloodbath

Cryptocurrency lending platform Celsius' (CEL) move to halt withdrawals has rocked the already bearish cryptocurrency markets, but Cathie Wood's Ark Investment Management sees a silver lining in this cloud for patient investors.

Benzinga

There's a new plan to regulate cryptocurrencies. Here's what you need to know

Two senators have unveiled a new bill with bipartisan support. But skeptics are already warning it's a step backwards and is far too crypto-friendly.

WEKU

Bitcoin, Ethereum, Dogecoin Crash: Liquidity Crisis, Celsius Fallout Weigh On Crypto Market

Bitcoin, Ethereum and other major coins nosedived on Monday evening as the global cryptocurrency market cap fell below the psychologically important $1 trillion mark to $944.9 billion — a decline of nearly 12.5% intraday.

Benzinga

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The crypto landslide is finally here

If you “bought the dip” in March, your $1,000 Ethereum investment would now be worth less than $500.

Input

Coinbase Stock Nosedives Alongside Cryptocurrencies, Celsius Chaos: What The Charts Say

Whether you are investing in stocks, bonds, commodities or cryptocurrencies, it can be very stressful. Not being able to withdraw or transfer your funds if so desired on your chosen platform can even be more stressful.

Benzinga

EXCLUSIVE: Voyager Digital CEO Says 'Customer Assets Are Safe' Amid Crypto Collapse

Cryptocurrency lending platform Celsius announced Monday that it was pausing withdrawals, which sent the crypto market spiraling lower.

Benzinga

Dogecoin Continues To Fall As Elon Musk Goes Silent On The Crypto: Here's What To Watch

Dogecoin (CRYPTO: DOGE) was plummeting about 15% lower at one point during Monday’s 24-hour trading session, in sympathy with the Bitcoin (CRYPTO: BTC) and the S&P 500, which plunged about 14% and 3%

Benzinga

As Ethereum Continues To Plunge, Here's Why The Bulls Must Hold This Key Level

Ethereum (CRYPTO: ETH) plunged more than 15% on Monday, which Benzinga pointed out was likely to happen on Saturday if the crypto lost the $1,500 level as support.

Benzinga

BlockFi Lays Off 20% Of Workforce: 'Macroeconomic Environment Has Shifted Dramatically'

Zac Prince, CEO of cryptocurrency exchange and lender BlockFi, took to Twitter Inc (NYSE: TWTR) on Monday to announce the company intends to lay off 20% of its staff.

Benzinga

Bitcoin Slumps Further, But Could This Be The Start Of A Bull Rally?

At the time of writing, Bitcoin (CRYPTO: BTC) has slumped 20% since the start of the weekend into this new trading week, taking the total decline in price to 67% since November 2021.

Benzinga

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Benzinga

Cryptos' Market Cap Tanks Below $1 Trillion, Crypto.com CEO Lays Off 5% Staff

Amid a wider market rout, the total market capitalization of cryptocurrencies has fallen below $1 trillion, levels not seen since February 2021.

Tribune News Service

How Fed rate hikes could impact stocks, crypto and other investments

The Federal Reserve is set to raise interest rates at its June 14-15 meeting after hiking rates in March and May. The nation’s central bank is expected to lift the benchmark Fed funds rate by 50 basis points — one-half of a percentage point — according to the CME FedWatch…

Benzinga

Crypto Valley Exclusive: FlowBank Merges The Stability And Safety Of A Swiss Bank With Everything Technology Can Offer

Detroit-based Benzinga, a media and data provider bridging the gap between retail and institutional investors, sent its team to Switzerland June 2-3, for Crypto Valley.

Asharq Al-Awsat

Bitcoin Plunges as Major Crypto Lender Halts Operations

Bitcoin and other cryptocurrencies were collapsing in price Monday, after a major crypto lender halted all withdrawals citing "extreme market conditions." It is the second collapse of a part of the cryptocurrency world in the last two months. The stablecoin Terra imploded in early May, erasing tens of billions of…

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Benzinga

Ethereum Whale Moves 20,000 ETH Off Bitfinex

What happened: An Ethereum (CRYPTO: ETH) whale sent $24,644,819 worth of Ethereum off Bitfinex. The ETH address associated with this transaction has been identified as: 0x0aa7d42ed5373fc354544e5898d77f61b47c04d0

Benzinga

Ethereum Whale Moves 40,000 ETH Off Bitfinex

What happened: An Ethereum (CRYPTO: ETH) whale sent $49,042,773 worth of Ethereum off Bitfinex. The ETH address associated with this transaction has been identified as: 0xd275e5cb559d6dc236a5f8002a5f0b4c8e610701

Benzinga

Crypto Whale Just Moved $55M Worth Of Ethereum (ETH) Off Gemini

What happened: An Ethereum (CRYPTO: ETH) whale sent $55,662,941 worth of Ethereum off Gemini. The ETH address associated with this transaction has been identified as: 0x530e0a6993ea99ffc96615af43f327225a5fe536

Benzinga

Ethereum Whale Moves 76,090 ETH Off Gemini

What happened: An Ethereum (CRYPTO: ETH) whale sent $94,575,897 worth of Ethereum off Gemini. The ETH address associated with this transaction has been identified as: 0x002ff003073d4fc673826d8c1fac30bf7851743a

Benzinga

This Wallet Just Transferred $107M Worth Of BTC Onto Gemini

What happened: An anonymous cryptocurrency wallet holding $107,721,786 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Gemini. The bitcoin wallet address tied to this transfer has been identified as: 3Kzh9qAqVWQhEsfQz7zEQL1EuSx5tyNLNS

Benzinga

Someone Just Sent $140M In Bitcoin Onto Gemini

What happened: An anonymous cryptocurrency wallet holding $140,544,415 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Gemini. The bitcoin wallet address tied to this transfer has been identified as: 38UmuUqPCrFmQo4khkomQwZ4VbY2nZMJ67

Benzinga

Anonymous Crypto Wallet Moves $159M Worth Of Bitcoin Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $159,976,692 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: 16YzWVxsVYrT8Jtr9xxic3YxfMAkPaBvaC

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