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The Latest Breaking News from Cryptocurrency

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

'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

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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

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

The Independent UK

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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

Embattled buy now, pay later sector to be regulated under credit laws

Financial services minister Stephen Jones says government will also move to regulate cryptocurrency exchanges like other financial markets

The Guardian - AU

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.

Benzinga

Someone Just Sent 5,000 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

Why Bitcoin- And Ethereum-Related Stocks Are Falling

Cryptocurrency-related stocks, including Coinbase Global Inc (NASDAQ: COIN), Marathon Digital Holdings Inc (NASDAQ: MARA) and Riot Blockchain Inc (NASDAQ:

Benzinga

Dogecoin Crashes Over 5% Amid Crypto Market Rout

Dogecoin (CRYPTO: DOGE) traded 5% lower at $0.079 over 24 hours leading up to early Tuesday morning. DOGE declined sharply along with other major coins as the global cryptocurrency market cap dropped 6% to $1.2 trillion at press time.

Benzinga

Leaked Crypto Bill Suggests US To Go After DeFi, DAOs, Stablecoins: Community Reacts

A leaked copy of the new bipartisan Senate bill appears to favor a much tighter regulatory environment for cryptocurrency assets.

Benzinga

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Benzinga

Morning Brief: Top Financial Stories Dominating on Tuesday, June 7

Reuters

Evening Standard

Bitcoin (BTC) price prediction for June 2023

Predicting what will happen to Bitcoin’s price is difficult. The token traded at almost £50,000 in November 2021 and today it’s valued at £21,118.

Benzinga

Binance Under SEC Probe Over Unregistered Securities Offering: Report

The U.S. Securities and Exchange Commission (SEC) is looking into whether the world’s largest cryptocurrency exchange issued unlicensed securities by way of an Initial Coin Offering (ICO) in 2017.

Roll Call

Bipartisan crypto bill outlines regulatory, tax framework - Roll Call

New legislation would treat cryptocurrency as a commodity and give the Commodity Futures Trading Commission regulatory authority.

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The Independent UK

Amid crypto turmoil, senators propose sweeping oversight

A bipartisan pair of senators has unveiled what would be the most wide-ranging legislative proposal to regulate cryptocurrencies and other digital assets

Zenger

Galaxy Racer Invests $25 Million In A Cryptocurrency

Dubai-based eSports company says it's first of its kind to make a major commitment to a digital currency.

Benzinga

'Rife With Falsehoods:' Binance Slams Reuters Report On Money Laundering Allegations

Binance, the world’s largest cryptocurrency exchange, has denied the allegations from a Monday Reuters report stating that $2.4 billion in stolen crypto was laundered through its platform

Benzinga

Bitcoin, Ethereum, Dogecoin Crash Suddenly — With Sharp Rise In Trading Volume

Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE) are all down more than 5% as the global cryptocurrency market cap

Benzinga

Bitcoin Above $30K, Ethereum, Dogecoin See Some Relief — No Pain And All Gain For Crypto From Here?

Bitcoin spiked on Monday evening, printing its first green weekly candle in 10 weeks, as the global cryptocurrency market cap rose 3.3% to $1.3 trillion at press time.

StockNews.com

Better Buy: Marathon Digital vs. Hive Blockchain Technologies

Massive sell-offs in the crypto market have caused the stocks of prominent cryptocurrency companies Marathon Digital Holdings (MARA) and HIVE Blockchain Technologies (HIVE) to suffer significant price retreats of late. But which of these stocks is a better buy at their current price levels? Read more to learn our view.

Benzinga

$2.4B In Cryptocurrency Laundered Through Binance: Report

Binance (CRYPTO: BNB) has been the means for over $2.4 billion if illegal crypto to be laundered from 2017 to 2021, according to a Monday Reuters report covered by Decrypt.

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