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The Latest Breaking News from Crypto

Anonymous Bitcoin Whale Just Moved $71M Worth Of BTC Off Coinbase

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $71,901,921 worth of Bitcoin off Coinbase. The BTC address associated with this transaction has been identified as: 3GoyTuGqJUC6PhLx2PzVXcz86rjsAMBtoS.

Benzinga

Bitcoin Whale Moves 2,500 BTC Off Gemini

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $73,455,145 worth of Bitcoin off Gemini. The BTC address associated with this transaction has been identified as: 1Vk33ji69jjC5HE8kxmjPA2QiYSTKkej9.

Benzinga

$85M In Bitcoin Was Just Transferred Onto Gemini

What happened: An anonymous cryptocurrency wallet holding $85,646,174 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Gemini. The bitcoin wallet address tied to this transfer has been identified as: 3Kzh9qAqVWQhEsfQz7zEQL1EuSx5tyNLNS

Benzinga

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Crypto Futures: The Mental Battle

By Augusto Novoa, Finanflix.

Benzinga

Can USDC Follow UST's Footpath? Probably Not, And Here's Why

On Wednesday, the cryptocurrency community saw TerraUSD (CRYPTO: UST) the native algorithmic stablecoin of the Terra (CRYPTO: LUNA) protocol lose its peg while bringing LUNA down with it.

Benzinga

Stablecoin volatility shows an urgent need for regulation to protect consumers

Some cryptocurrencies have always been fairly volatile, with values soaring or plunging within a short space of time. So for the more cautious investor, “stablecoins” were considered the sensible place to go. As the name implies, they are designed to be a steadier and safer bet.

The Conversation

Thursday's Morning Update On Crypto Gainers and Losers

According to Benzinga Pro, the following are the crypto gainers and losers at the time of publication:

Benzinga

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CEO Of 'India's Robinhood' Echoes Coinbase's Warning: Crypto Exchanges Carry A Risk

Indian financial services firm Zerodha's co-founder and CEO Nithin Kamath sounded the alarm for crypto investors as the U.S. cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN) shot a bankruptcy-related warning.

Benzinga

Dogecoin Crashes Sharply As Crypto Market Goes Down Bottomless Pit: Who Is To Blame?

Dogecoin (CRYPTO: DOGE) plunged sharply by over 30% to $0.07 in the 24 hours leading up to the early hours of Thursday. The meme coin fell amid a wide rout in the market as the global cryptocurrency market cap dropped 19.15% to $1.2 trillion.

Benzinga

Crypto Billionaires See Wealth Eroded With This Week's Market Crash

The billionaire CEOs of major crypto exchanges saw their personal fortunes diminish as Bitcoin (CRYPTO: BTC) and the wider crypto market extended losses this week.

Benzinga

NFT scams, toxic ‘mines’ and lost life savings: the cryptocurrency dream is fading fast

It was supposed to be a financial revolution. Instead, crypto has become an environmentally disastrous gift to con artists, says academic David A Banks

The Guardian - UK

Turmoil and panic in crypto market as ‘stablecoin’ slump prompts wider collapse

The near-total crash of terra has fuelled real panic that the crypto sector may face existential problems

The Guardian - UK

Billions wiped off Bitcoin and Ethereum as cryptocurrencies hit by huge overnight crash

The UK financial watchdog has urged Brits to be cautious as cryptocurrency values crash overnight following stalling stock markets and the shock performance of Bitcoin

Daily Mirror

Shanghai High Court Deems Bitcoin 'Virtual Property'

The Shanghai High People’s Court classified Bitcoin (CRYPTO: BTC) as virtual property protected by Chinese law despite a nationwide cryptocurrency trading ban still in place.

Benzinga

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Evening Standard

$400 billion crypto sell-off worsens as bitcoin slumps 10%

Trouble at a major “stablecoin” called TerraUSD, combined with interest rate rise fears, has sparked “extreme fear across the crypto market”

The Independent UK

England's crypto club takes plunge into the unknown

An American consortium has bought an English soccer team with the ultimate aim of winning the Premier League title

Benzinga

Crypto Market Panic Worsens As Tether (USDT) Loses Dollar-Peg

Market-wide panic ensued after Tether (CRYPTO: USDT) – the largest stablecoin by market cap – began losing its peg to the U.S. dollar.

The Independent UK

Ezra Miller claims they film themself getting assaulted for ‘NFT crypto art’ in bodycam footage

‘I got assaulted in this bar, twice in a row. I film myself when I get assaulted for NFT crypto art’

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news in one place.

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The Independent UK

Crypto comes to Washington. Will the millions buy influence?

Cryptocurrency tycoons are emerging as the new power players in American politics

Daily Mirror

Chelsea 'strike £20m-a-year' shirt sponsorship deal with cryptocurrency firm

Chelsea are set to become the second Premier League club after Manchester United to agree a crypto sponsorship deal - despite the restrictions imposed on the Blues

Football London

Chelsea secure crypto shirt sponsor despite UK government sanctions amid Todd Boehly takeover

Chelsea are set to pen the first sponsorship deal of the Todd Boehly era, despite restrictions on the club

Bangkok Post

M Vision organises expo to showcase digital assets

Driven by the hype surrounding crypto investment, M Vision Plc, the organiser of Thailand Mobile Expo, is holding Thailand Crypto Expo to showcase digital assets, exchanges and crypto mining equipment, in parallel with its four-day flagship mobile phone fair, which kicks off today.

Benzinga

5 Top Investors Who Lost Millions From The Terra Luna Crash

TerraUSD (CRYPTO: UST) billed itself as the gold standard of algorithmic stablecoins, but the once-"stable" coin lost its peg over the weekend, plummeting by 71% at its lows and taking its sister coin Terra (CRYPTO: L

Benzinga

Fear Selling Hits Dogecoin But Here's Where To Watch For The Bounce

It was a rough morning for Dogecoin (CRYPTO: DOGE), as the crypto dropped about 32% between 8:15 a.m. and 8:45 a.m. on Wednesday before beginning to recoup some of the losses. By early afternoon, Dogecoin was trading down about 20% lower.

Benzinga

4 Coinbase Analysts On Q1 Earnings, Stock Plummet: Projections Include Short-Term Crypto Winter, Long-Term Growth

Cryptocurrency trading platform Coinbase Global Inc (NASDAQ: COIN) reported first-quarter financial results Tuesday.

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