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The Latest Breaking News from Crypto

Ethereum To Test Merge With Ropsten By The End Of Tomorrow: But What Does It Even Mean?

Ethereum (CRYPTO: ETH) — the blockchain that introduced Turing-complete smart contracts to the world — is about to take yet another step towards its transition to the proof-of-stake (PoS) consensus protocol as part of Ethereum 2.0 development.

Benzinga

New Capitol Hill Legislation Would Make Crypto Payments Below This Amount Tax-Free

The Responsible Financial Innovation Act introduced by Sens. Cynthia Lummis and Kirstin Gillibrand would exempt cryptocurrencies that are below $200 from capital gains taxes.

Benzinga

Solana Ecosystem Looks To Pour $100 Million Into South Korean DeFi and Web3 Projects

The Solana (CRYPTO: SOL) Foundation and Solana Ventures announced on June 7 a pledge of up to $100 million for cryptocurrency and NFT projects across South Korea.

Benzinga

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Dogecoin Continues To Play Dead, But Here's How To Find Signs Of Life

Dogecoin (CRYPTO: DOGE) was trading mostly flat on Wednesday after a slightly volatile 24-hour session dropped the crypto about 5% lower at one point on Tuesday.

Benzinga

SEC Chair Gensler Says Crypto Exchanges 'Operating Outside Of The Law': What You Need To Know

Securities and Exchange Commission Chair Gary Gensler spoke at the Piper Sandler Global Exchange and Fintech Conference on Wednesday. One of the topics Gensler discussed in the Q&A session was cryptocurrency regulation.

Benzinga

Terra Designer Says Do Kwon Purposely Increased UST Interest Rates From 3.6% To 20% After Being Warned

A new report claims that Do Kwon, Founder of TerraForm Labs and Terra (CRYPTO: LUNA), intentionally hiked Anchor Program’s interest from 3.6% to 20%, despite warnings.

Benzinga

Top 10 Cryptocurrencies In The World By Twitter Followers

Cryptocurrency has taken the world by storm. What was once a murky and confusing arena to engage in has now grown to a $1.24 trillion industry, home to a host of alternative investments such as NFTs, which utilize various cryptocurrencies as the purchasing instrument to acquire digital assets such as art…

Benzinga

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Galaxy Digital CEO Mike Novogratz Shines Light On What's Holding Back Cryptocurrency Markets

Galaxy Digital Holdings Ltd (Pink: BRPHF) CEO Mike Novogratz maintained expectations for strength in cryptocurrency markets

Benzinga

Bitcoin Whale Moves 2,264 BTC Off Coinbase

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $69,286,813 worth of Bitcoin off Coinbase. The BTC address associated with this transaction has been identified as: 18C36UcjfF1LdnESLtW2UWq7WAemxxW6ct.

Benzinga

Bitcoin Whale Moves 2,334 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.

Benzinga

Anonymous Bitcoin Whale Just Moved $104M Worth Of 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

Someone Just Sent $147M In Bitcoin Onto Gemini

What happened: An anonymous cryptocurrency wallet holding $147,616,283 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Gemini. The bitcoin wallet address tied to this transfer has been identified as: 38UmuUqPCrFmQo4khkomQwZ4VbY2nZMJ67

Benzinga

Edge Mastercard to Allow Payment With Cryptos

Self-custody exchange Edge on Wednesday announced the launch of Edge Mastercard, which enables crypto holders to spend with digital currencies like Bitcoin (CRYPTO: BTC) , Bitcoin Cash (CRYPTO: BCH) , Dogecoin (CRYPTO:

Benzinga

Dogecoin Daily: Price Flat In Volatile Markets, How Thing Could Get Ugly And More

Dogecoin (CRYPTO: DOGE) traded 0.75% higher at $0.08 over 24 hours leading up to early Wednesday morning.

Benzinga

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Benzinga

Umee And MakerDAO Initiate Dai Into The Cosmos Ecosystem

Umee brings Dai (CRYPTO: DAI) into the Cosmos (CRYPTO: ATOM) Ecosystem, in partnership with MakerDAO (CRYPTO: MKR).

Benzinga

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

Axios

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.

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Benzinga

'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

$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.

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