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The Latest Breaking News from Crypto

Triple trouble for crypto: Liquidity crunch, bear market, new tax rules

MUMBAI: It’s a triad of negative factors, and not only the new rules relating to crypto currencies that kicked in on July 1, that’s giving jitters to crypto investors and driving some out of the market.

The Times of India

Bad Cryptocurrency Investments Take Shine Off Meitu

Bad Cryptocurrency Investments Take Shine Off Meitu

Key Takeaways: Beauty software maker Meitu said its $100 million bet on Bitcoin and Ether cryptocurrencies last year has lost nearly half its value Despite the losses, company says it remains “positive on the long-term prospects of the acquired cryptocurrencies” By Doug Young

Negative Sentiment Remains Amongst Institutional Investors

Negative Sentiment Remains Amongst Institutional Investors

Bitcoin (CRYPTO: BTC) is consolidating above $20,000 at time of writing, whilst negative sentiment remains among market participants. CoinShares reported inflows of $51 million into the newly launched product ProShares Short Bitcoin Strategy ETF (BITI).

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US, South Korea Team Up On Cryptocurrency Investigations Following Terra Collapse

On a recent visit to New York, South Korea’s Justice Minister Han Dong-hoon convened with U.S. officials to discuss ways to better investigate financial crimes — especially those related to cryptocurrencies.

Would You Invest In ETH at $1,000? 3 Bearish Factors That May Make You Reconsider

As part of the bearish downturn of the crypto market, Ethereum (CRYPTO: ETH) has been experiencing a major fall in price levels.

Coinbase Says Two-Thirds of Crypto Price Decline Due To Macro Factors

The correlation between stock and crypto-asset prices has risen significantly since 2020 and the digital assets today share similar risk profiles to oil commodity prices and technology stocks, according to Cesare Fracassi, Chief Economist at Coinbase Global Inc (NASDAQ: COIN).

Bitcoin Craters Nearly 40% in June, Time to Dump Coinbase Stock?

Shares of cryptocurrency exchange Coinbase Global (COIN) lost significantly, with Bitcoin witnessing its biggest monthly drop since 2011 last month. The decline in retail crypto transactions and the company’s poor financials damaged investors’ sentiment about the stock. So, is COIN a Buy at the current price level, or is there…

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'Wolf Of Wall Street' Advises On Bitcoin Crash And Best Time To Get Into Ultra-Low Cap Crypto

'Wolf Of Wall Street' Advises On Bitcoin Crash And Best Time To Get Into Ultra-Low Cap Crypto

Jordan Belfort, the former stockbroker known as “The Wolf of Wall Street,” shared his views on Bitcoin’s (CRYPTO: BTC) 70% drawdown and the state of the cryptocurrency market.

How Bankrupt Voyager Plans To Return Crypto To Customers

How Bankrupt Voyager Plans To Return Crypto To Customers

Editor's note: This story has been updated to better reflect Voyager's proposed plan of reorganization, which requires court approval.

Dogecoin (DOGE) price predictions: What’s on the horizon?

Dogecoin (DOGE) price predictions: What’s on the horizon?

No token exemplifies the volatility of cryptocurrencies better, perhaps, than Dogecoin (DOGE).

Evening Standard

Meta Remains Adamant On NFT Push In Contrast With Google, Apple To Secure Its Metaverse Ambitions

Meta Platforms, Inc (NASDAQ:META) pushed ahead with plans to launch access to digital collectibles to its 3 billion users amid the crypto meltdown, the Financial Times reports. Meta would in no way adjust its plans around so-called non-fungible tokens, said new fintech head Stephane Kasriel in an interview with FT. The efforts are…

Dogecoin Drops As Cryptocurrency Market Battles Dollar Rise

Dogecoin Drops As Cryptocurrency Market Battles Dollar Rise

Dogecoin (CRYPTO: DOGE) traded 2.4% lower at $0.07 over 24 hours leading up to early Wednesday. The meme coin fell along with other major coins as the global cryptocurrency market cap declined 1.5% to $903.6 billion.

Crypto ‘fear and greed’ gauge improves a bit after 60% selloff

If trader sentiment is any guide, cryptocurrencies could snap back or at least stop selling off after one of their worst quarters in history.

Tribune News Service

Voyager seeks bankruptcy as crypto mogul’s lifeline fails

Voyager seeks bankruptcy as crypto mogul’s lifeline fails

Crypto broker Voyager Digital Ltd filed for Chapter 11 bankruptcy protection just weeks after getting a lifeline from billionaire Sam Bankman-Fried’s Alameda Research, citing market volatility and the collapse of a hedge fund it had lent money to.

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The Guardian - UK

Cryptocurrency broker Voyager Digital files for bankruptcy protection

US firm latest victim of digital asset slump, blaming move on ‘volatility and contagion’ in crypto markets

Evening Standard

Crypto broker Voyager Digital files for bankruptcy

The New York-based firm suspended customer trading, deposits and withdrawals

Alert: This Malware Steals Your Crypto Via 'Free Bitcoin Mining' Links On YouTube

A new type of crypto-malware identified on Alphabet Inc-owned (NASDAQ: GOOG) (NASDAQ: GOOGL) Google's YouTube has been found to infect users' devices and steal from 30 different types of cryptocurrency wal

The Guardian - UK

Fit to burst: Inside the 8 July Guardian Weekly

Inside the cryptocurrency crash. Plus: pictures that changed the world

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Crypto Lender Voyager Files For Chapter 11 Bankruptcy Protection

Days after it suspended trading, deposits, and withdrawals on its platform, cryptocurrency lending platform Voyager Digital LLC (OTC: VYGVF) filed for Chapter 11 bankruptcy protection in New York, according to its court

The Times of India

Crypto lender Voyager files for bankruptcy

TORONTO: Voyager Digital has filed for bankruptcy, the crypto lender said in a statement on Wednesday, a week after suspending withdrawals, trading and deposits to its platform as it sought additional time to explore strategic alternatives.

The Conversation

Australians lost $2b to fraud in 2021. This figure should sound alarm bells for the future

Australian consumers and businesses lost more than A$2 billion to scams in 2021, according to the Australian Competition and Consumer Commission’s (ACCC) annual Targeting Scams report released on Monday. This figure should sounds alarm bells – it’s more than double the $851 million reported lost in 2020.

20 Trillion Tokens Sent In Largest Ever Shiba Inu (SHIB) Transaction

On-chain data shows that a whale sent 20 trillion Shiba Inu (CRYPTO: SHIB) tokens across the blockchain on Monday in what is now confirmed to be the largest SHIB transaction in history.

The Times of India

Kolkata: Cops seal fake call centre in New Town, arrest 10

KOLKATA: A 360-seater fraud call centre operating out of a premium commercial complex in New Town was sealed by Bidhannagar Police in the early hours of Tuesday. Callers posing as Microsoft executives had been duping residents in Germany, USA, Portugal and Czech Republic for the last five years in the…

Bitcoin, Ethereum, Dogecoin Fall: Will Strong Dollar Pin Down Crypto For A Year Or More?

Bitcoin and Ethereum were under pressure on Tuesday evening as the global cryptocurrency market cap fell 1% to $904.9 billion.

Three Arrows Capital Owns NFTS From Bored Ape Yacht Club, CryptoPunks And More: Report

A leading crypto lending and borrowing firm that has made headlines for declaring bankruptcy has a non-fungible token portfolio containing assets from some of the most valuable and well-known collections.

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