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The Latest Breaking News from Crypto

Bitcoin Has Cried Wolf Too Many Times On 'Fake Moves' Up, Says Analyst

Bitcoin’s (CRYPTO: BTC) sudden surges and declines have some traders worried that the average retail investor may be deterred from investing in the cryptocurrency even when it begins to make a true recovery.

Benzinga

Morning Brief: Top Financial Stories Dominating on Wednesday, June 8

CNBC

Benzinga

Crypto legislation comes into focus

The one thing that crypto companies and skeptics can agree on is that more regulation is needed, especially in the U.S.

Axios

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'Cryptocurrency A Threat To The Safety Of Global Payment Systems,' Starling CEO Says

The CEO of Goldman Sachs (NYSE: GS) backed digital bank Starling has stepped up her criticism of cryptocurrency, calling it a threat to the security of payment infrastructure,

Benzinga

Bitcoin Price Action May Not Show it But On-Chain Fundamentals Point Upward

On-chain data of the world's first cryptocurrency Bitcoin (CRYPTO: BTC) is showing bullish colors for the future market movements on this asset. Despite this, short-term market forces pushed Bitcoin's price over 6.4% down today to a value of $29,555 as of press time on Tuesday.

Benzinga

Dogecoin Founder Thinks Joker 2 Is 'Unnecessary'

Dogecoin (CRYPTO: DOGE) co-creator Billy Markus is not keen on Joaquin Phoenix reprising his role as the villainous Joker in a sequel to the 2019 film with the eponymous title.

Benzinga

PayPal Gets A Full Virtual Currency License In Crypto Push

Payments company PayPal Holdings Inc (NASDAQ: PYPL) has converted its conditional virtual currency license into a full-fledged “BitLicense.”

Benzinga

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$53M Bitcoin Shorts Liquidated In 1 Hour After Apex Coin Sharply Rises

Bitcoin (CRYPTO: BTC) short positions saw $53.21 million in liquidations over a one-hour period during the early hours of Wednesday.

Benzinga

'Lawyers Are On It:' Fortnite Developer Dubs Crypto Project A 'Scam'

Tim Sweeney, the CEO of Tencent Holdings Ltd (OTC: TCHEY) owned Epic Games, has labeled the Fornite Token (FNT) “a scam.”

Benzinga

Citadel And Virtu Hone Crypto Executions For Retail Brokerages

Citadel Securities, alongside Virtu Financial Inc (NASDAQ: VIRT) and venture capital firms Sequoia Capital and Paradigm, is building a cryptocurrency trading ecosystem.

Benzinga

Fintechs Swyftx, Superhero in $1.5b merger

Brisbane-based crypto exchange Swyftx and Sydney-based low-cost share brokerage Superhero have agreed to merge into a single "superapp".

AAP

New rules for crypto assets will protect consumers and innovators

If you spend any time among the cryptocurrency community you’ll come across the mantra “HODL”. Originally a typo for “hold” on a Bitcoin forum, it has become all-purpose advice to anyone looking at the day’s price fluctuations and thinking of selling their assets.

The Conversation

Bitcoin, Ethereum Rise, Dogecoin In The Red — Crypto Divergence From Stocks Could 'Get Ugly,' Says Analyst

Bitcoin and Ethereum traded higher Tuesday evening, even as the global cryptocurrency market cap fell 1% to $1.3 trillion over 24 hours leading up to press time.

Benzinga

Four Good Reasons to Be Optimistic About Bitcoin: Is Bitcoin the cryptocurrency of the future?

So far in 2022, the entire crypto market has been impacted by wider economic and political uncertainties, led by Bitcoin (CRYPTO: BTC), with prices down more than 50% over the past six months and the price heading for the ninth consecutive red weekly candle.

Benzinga

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The Independent UK

Crypto meltdown is wake-up call for many, including Congress

Meltdowns in the cryptocurrency space are common, but the latest one has served as a vivid reminder that investors, both professionals and rookies, can be rolling the dice when putting money into digital assets

Benzinga

PayPal Allows Transfers Of Cryptos Like Ethereum, Bitcoin: What You Need To Know

PayPal Holdings Inc (NASDAQ: PYPL) said Tuesday will offer cryptocurrency withdrawal services, allowing funds to be withdrawn to external wallets and exchanges.

Benzinga

EXCLUSIVE: Ethereum Layer 2 Boba Network Raises $45M To Scale DeFi — Here's What's Next

While Ethereum (CRYPTO: ETH) is the preferred blockchain for most developers, users, and applications, it struggles to scale with user demand. At peak times, transactions on Ethereum can cost hundreds of dollars, as users essentially bid against each other to process their transactions.

Daily Mirror

Austin McBroom vs AnEsonGib: Date, fight card and stream for Social Gloves 2

Austin McBroom and AnEsonGib will square off in the main event of a major influencer boxing event that is set to take place at the Crypto.com Arena in Los Angeles later this year

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Benzinga

Why Are Bitcoin Miners Capitulating?

Bitcoin (CRYPTO: BTC) yet again failed to sustain its rally over $30,000 yesterday, as it was harshly rejected by the key $31,500 level. As previously mentioned, this level is critical to overcome for Bitcoin to rally towards $35,000.

Benzinga

Half of Affluent Asian Investors Hold Digital Assets: Report

Over half of the affluent investors in Asia (52%) held digital assets like cryptocurrencies, stablecoins, and crypto investment funds in the first quarter of 2022 and the figure could reach 73% by the end of this year, according to a report.

Benzinga

English Premier League Could Launch NFTs, Its Own Crypto: Here Are The Details And A Stock To Watch

A leading soccer league has filed several trademarks in the world of cryptocurrency and non-fungible tokens. Here are the details. What Happened: The English Premier League filed for several new trademarks on June 6, according to a report from Decrypt.

Input

Epic Games’s CEO begs Twitter not to invest in 'Fortnite' crypto 'scam'

Tim Sweeney has taken to Twitter in an effort to call out an unaffiliated, fan-made crypto project called "Fortnite Token."

Benzinga

Bitcoin Whale Moves 3,500 BTC Off Gemini

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $104,142,802 worth of Bitcoin off Gemini. The BTC address associated with this transaction has been identified as: bc1qg2v98m3p22myv3dtn8wmaeg0s6ffyyhanzcrw3.

Benzinga

Anonymous Bitcoin Whale Just Moved $68M Worth Of BTC Off Coinbase

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $68,986,964 worth of Bitcoin off Coinbase. The BTC address associated with this transaction has been identified as: 1EBGwhTFcpWnKBpdycQRyFQx59KzLbUwm5.

Benzinga

Anonymous Bitcoin Whale Just Moved $73M Worth Of BTC Off Coinbase

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $73,174,552 worth of Bitcoin off Coinbase. The BTC address associated with this transaction has been identified as: 17jz5AMUvW5AdLvo6PyYx2T6FVvS1AxzoV.

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