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The Latest Breaking News from Crypto

Someone Just Sent $55M In Bitcoin Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $55,496,258 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: bc1q0t8qm6cj6dxrnvt2nsecfn2cu2pgju8jyte3fx

Benzinga

Someone Just Sent 5,000 Bitcoin Onto Gemini

What happened: An anonymous cryptocurrency wallet holding $110,992,561 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 Bitcoin Whale Just Moved $194M Worth Of BTC Off Coinbase

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $194,147,450 worth of Bitcoin off Coinbase. The BTC address associated with this transaction has been identified as: bc1qvh0hrdk97eawzmpaktj3ptkux6cueenz4699nw.

Benzinga

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World's richest Bitcoin investor loses £5BILLION as cryptocurrency crashes

A mystery billionaire cryptocurrency trader with the world's biggest stack of Bitcoin has seen their fortune halved as the price of the digital currency takes a battering

Daily Mirror

Crypto A Con? Jim Cramer Sounds Alarm After Calling Ethereum 'Terrific' And Becoming 'A Believer'

Jim Cramer is fickle when it comes to stock recommendations. The same could be said for cryptocurrency.

Benzinga

Bitcoin Plummets But Is There More Downside Ahead?

Despite the Nasdaq bouncing 0.21% yesterday and both the S&P 500 and Nasdaq futures showing gains this morning, Bitcoin (CRYPTO: BTC) continues to plummet. What are the factors contributing to this extreme sell off?

Benzinga

Coffee And Crypto: What Is Bitcoin's Price Wednesday Morning?

The worldwide cryptocurrency market capitalization is at $909.1 billion, down from $947.8 billion on Tuesday.

Benzinga

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Dogecoin Daily: No Sign Of Market Woes Ending But There's A Silver Lining

Dogecoin (CRYPTO: DOGE) traded 2.9% lower at $0.05 over 24 hours leading up to early Wednesday morning. DOGE crashed alongside other major coins as the global cryptocurrency market cap declined 2.4% to $939 billion at press time.

Benzinga

Cryptocurrency ‘bloodbath’ threatens multibillion-dollar hedge fund

Three Arrows Capital founder takes to Twitter to assuage fears after 25% drop in price of bitcoin in a single day

The Guardian - UK

Celsius Halts Withdrawals, But The Worst May Be Yet To Come: What Investors Need to Know

This Sunday, crypto financial services giant Celsius (CRYPTO: CEL) saw its dedicated token flash crash after market pressure forced the company to suspend withdrawals from its platform.

Benzinga

Bill Gates Slams Crypto, NFTs: Shams Based On 'Greater Fool Theory'

Microsoft Corp (NASDAQ: MSFT) co-founder Bill Gates has launched a barge of criticism against cryptocurrencies and non fungible tokens (NFTs) on Tuesday.

Benzinga

TechScape: why you shouldn’t worry about sentient AI … yet

A researcher says Google has created an AI being with smarts and soul, but my own attempt reveals the truth behind those claims. Plus, the latest crypto crash

The Guardian - UK

Bitcoin crashes further as crypto market losses top £300 billion in a week

The crash has now wiped over £300 billion from the combined value of crypto assets

Evening Standard

Coinbase to lay off 18% of workers as crypto winter worsens

Coinbase Global Inc announced Tuesday will lay off 18% of its workforce in another sign of a worsening crypto downturn that’s shaved off trillions of the total cryptocurrency market value.

Bangkok Post

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Benzinga

Elon Musk's First Reaction To Latest Crypto Bloodbath Is Here

Tesla Inc.

Benzinga

Three Arrows Co-Founder Gives Pace To Insolvency Rumors: 'Fully Committed To Working This Out'

Zhu Su, the co-founder of the cryptocurrency investment firm Three Arrows Capital has spoken out on social media as rumors swirl around the hedge fund’s impending insolvency.

The Times of India

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.

Benzinga

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.

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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

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:

WEKU

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.

Benzinga

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…

The New Daily

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.

Benzinga

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.

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