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The Latest Breaking News from Cryptocurrency

Bitcoin, we have a problem

7 of U.S.’s largest Bitcoin mining companies set to use nearly as much electricity as all of the homes in Houston

Salon

Celsius Bankruptcy Hearing: Lawyers Claim Users Gave Up Legal Rights To Crypto

Bankrupt cryptocurrency lender Celsius’ lawyers have asserted that the platform’s users gave up rights to the digital coins deposited in the borrow-and-earn programs.

Benzinga

ETH/BTC Chart Hits 2-Month High: What Analysts Are Saying

Ethereum's (CRYPTO: ETH) three-day price rally has pushed the cryptocurrency’s price past $1,500 and seen it reach a two-month high against Bitcoin (CRYPTO: BTC).

Benzinga

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Singapore plans further strengthening of crypto regulations

Singapore intends to broaden the scope of cryptocurrency regulations and pushed back against claims that some recently collapsed digital-asset outfits were regulated in the city state.

Bangkok Post

Ethereum Outshines Bitcoin, Dogecoin In Crypto Surge: Is Second-Largest Coin On A 'Hopium' Trip?

Major coins rallied on Monday, with the global cryptocurrency market crossing the psychologically important $1 trillion mark. At press time, the market capitalization of all cryptocurrencies rose 7.9% to $1.03 trillion.

Benzinga

On my radar: Marina Abramović’s cultural highlights

The artist on an exhibition made by spiders, cryptocurrency activism and her love of astrology

The Guardian - UK

Limiting crypto helped the Texas power grid weather a heat wave

Cryptocurrency mining requires huge amounts of electricity, prompting concerns over the industry’s environmental impact — and whether the state’s grid can keep up.

The Texas Tribune

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Crypto bankruptcy adds to Thai woes

The collapsing value of Thai digital assets has been exacerbated by the bankruptcy of US-based Celsius Network, following months of rapidly deteriorating sentiment in the global and domestic cryptocurrency markets and a series of insolvencies among high-profile crypto lenders.

Bangkok Post

GameStop NFT Marketplace Takes Two Days To Pass Coinbase NFTs In Sales Volume: Could Launch Be Underestimated By Market Experts?

Leading video game retailer GameStop Corp (NYSE: GME) has highlighted plans for an NFT marketplace as one of its key growth items moving forward. After a slight delay, the marketplace is live and putting up sales volume that is already ahead of a leading cryptocurrency platform.

Benzinga

EXCLUSIVE: Why Tim Draper Stands By His 2018 Prediction For $250K Bitcoin

The world's leading cryptocurrency is sagging under the same pressure of the record-breaking inflation that is plunging the S&P 500 and Nasdaq. The U.S. Consumer-Price Index (CPI) has shown a bleak 9.1% jump in inflation year-over-year, the highest in more than 40 years.

Benzinga

Crypto Crash Blues: Bitcoin Trader Harvested $3 Million Bounty Now Cut In Half

A crypto trader said he traded in his $8,200 Rolex watch to buy cryptocurrency and is now worth a little more than $1.18 million – but admits the crashing market has halved his wealth.

Zenger

DOGE Daily: Market Goes Green, 'Dogecoin Millionaire' Names 4 Coins That Can See Upside

Dogecoin (CRYPTO: DOGE) traded 3.1% higher at $0.06 over 24 hours leading up to early Friday morning. DOGE was seen trading higher along with other major coins as the global cryptocurrency market cap rose 4% to $927 billion.

Benzinga

Bitkub deal delay casts doubts over SCB’s makeover

A delayed deal between Thailand’s oldest bank and its largest cryptocurrency exchange is raising doubts about the 115-year-old financial group’s ambition to become a regional fintech powerhouse.

Bangkok Post

Bitcoin, Ethereum, Dogecoin Unfazed By Upcoming Rate Hike: Why This Analyst Is Waiting For A 'Big Short Squeeze'

Major coins, including Bitcoin, traded in the green at press time on Thursday, as the global cryptocurrency market cap rose 2.8% to $925.2 billion.

Benzinga

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Benzinga

Dogecoin Daily: Crypto Reacts To Record Inflation Numbers, Co-Creator Recommends Reading Karl Marx

Dogecoin (CRYPTO: DOGE) traded nearly flat at $0.06 over 24 hours leading up to early Thursday morning. DOGE saw minimal movement while other major coins traded slightly in the green at press time. The global cryptocurrency market cap registered a 2.4% increase to $892.7 billion.

Benzinga

Benzinga Before The Bell: Tesla's AI Exec Quits, Hyundai Unveils Ioniq 6 EV, Taiwan Semiconductor's Massive Q2 Profit Surge And Other Top Financial Stories Thursday, July 14

CNBC United Airlines, Pilots’ Union To Improve Agreement By Renegotiating

Asharq Al-Awsat

Crypto Platform Celsius Files for US Bankruptcy

Cryptocurrency investment platform Celsius announced on Wednesday that it had filed for bankruptcy in the US, a month after it froze withdrawals from its platform, in the latest sign of an industry in turmoil. In its statement, Celsius, which suspended withdrawals in mid-June, said it was seeking to restructure in…

Bangkok Post

Crypto lender Celsius files for bankruptcy

NEW YORK: US crypto lender Celsius Network said on Wednesday it has filed for bankruptcy, becoming the latest victim in the cryptocurrency sector to wilt under a dramatic plunge in prices.

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The Guardian - AU

Celsius Network: cryptocurrency lender files for bankruptcy

Company enters Chapter 11 process as fallout continues from collapse of global cryptocurrency networks

Benzinga

Bitcoin, Ethereum, Dogecoin Surge Despite Red Hot Inflation: Is Apex Crypto Showing Signs Of Stabilizing?

Bitcoin and other major cryptocurrencies rose Wednesday, brushing off hotter than expected inflation, as the global cryptocurrency market cap rose 4.6% to $902.7 billion.

USA Today Sports Media Group

NFL and NFT: Is there a Connection These Days?

The American football league (NFL) has always been known as an odd pick. It generates billions of dollars each season and the NFL Final is said to be the most expensive event in sports history, with ad costs reaching $6.5 million per 30 seconds of ...

USA Today Sports Media Group

Barracuda Championship is first PGA Tour stop to accept cryptocurrency for tickets

The Barracuda Championship is the first PGA Tour event to accept cryptocurrency payments for tickets.

Benzinga

Dogecoin (DOGE) Drops As Nervousness Persists

Dogecoin (CRYPTO: DOGE) traded 2.05% lower at $0.06 over 24 hours leading up to the early hours of Wednesday. DOGE fell in tandem with other major coins as the global cryptocurrency market cap declined 1.5% to $873.1 billion at press time.

Los Angeles Times

Commentary: The Sriracha shortage, or as my wife might call it: Our long, heatless summer

We all have a very full platter this summer. A sinking economy. Scandalously high gas prices. An obstinate, and reemerging, coronavirus. War in a foreign land. Cryptocurrency collapse. And then there are the shortages. Tampons, baby formula and the one my wife brought to my attention — the Sriracha shortage.

Benzinga

Bitcoin, Ethereum, Dogecoin Continue To Bleed: Analyst Points To Key Level To Watch For 'Oversold' Apex Coin

As investors await inflation data, Bitcoin and other major coins continue to tread red waters. The global cryptocurrency market cap declined 2.85% to $864.3 billion on Tuesday.

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