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The Latest Breaking News from Cryptocurrency

$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

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

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

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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

Cathie Wood Puts In Another $29M In Coinbase, Showing Conviction In Crypto Stock Amid Sell-Off

Cathie Wood-led Ark Investment Management on Wednesday further raised its exposure in Coinbase Global Inc (NASDAQ: COIN) on the day shares of the cryptocurrency exchange crashed after it reported a first-quarter loss and a significant drop in trading volume.

Benzinga

El Salvador's bet on bitcoin has been as volatile as expected

Fluctuations in the cryptocurrency's value have led to plummeting credit rates amidst fears of a default.

Input

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

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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

$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”

Evening Standard

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

The Independent UK

Crypto comes to Washington. Will the millions buy influence?

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

The Independent UK

Bitcoin, Ethereum, Dogecoin Extend Losses On Inflation Report, Terra (LUNA) Fiasco: Whales Become 'Extremely Active' For This Coin

Major coins crashed sharply with Ethereum down more than 10% as the global cryptocurrency market cap dropped 10.25% to $1.3 trillion at press time.

Benzinga

Why Dogecoin Spin-Off Floki Inu Is Up 50% Today, Leaving Bitcoin And Ethereum In The Dust

Floki Inu (CRYPTO: FLOKI) is trading higher by some 49.13% to $0.00001159 Saturday morning.

Benzinga

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Benzinga

Why Bitcoin Gold Is Falling Sharply Today

Shares of several popular altcoins, including Bitcoin Gold (CRYPTO: BTG), are trading lower again Wednesday in sympathy with apex cryptocurrency Bitcoin (CRYPTO: BTC) and second-largest market cap crypto, Ethere

Benzinga

Why Baby Dogecoin Is Diving Today

Shares of several popular altcoins, including Baby Dogecoin (CRYPTO: BABYDOGE), are trading lower again Wednesday in sympathy with apex cryptocurrency Bitcoin (CRYPTO: BTC) and second-largest market cap crypto, Ethereum

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

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news in one place.

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Bangkok Post

JTS shares rise despite crypto slump

Shares of Jasmine Technology Solutions (JTS), a Bitcoin mining operator, rose on Wednesday despite the current downturn in the global cryptocurrency market after the company reported impressive first-quarter revenues.

Benzinga

Bad Timing: This MLB Team Has A Partnership With Terra (LUNA), Planned UST Integration Next Year

Professional sports leagues have become more accepting of cryptocurrency and opened their doors to sponsorship opportunities. One deal signed earlier this year is now being called into question.

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.

Benzinga

Anonymous Crypto Wallet Moves $79M Worth Of Bitcoin Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $79,261,873 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: bc1qpkw9m9uzep2tk34dgrn74j6lnmzwp6vr7nh67r

Benzinga

Bitcoin Whale Just Transferred $96M Worth of BTC Onto Gemini

What happened: An anonymous cryptocurrency wallet holding $96,174,846 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Gemini. The bitcoin wallet address tied to this transfer has been identified as: 3Kzh9qAqVWQhEsfQz7zEQL1EuSx5tyNLNS

Benzinga

We Asked 1,000 Readers Why They Invested In Dogecoin Instead Of Bitcoin, Ethereum

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.

The Independent UK

How to avoid ‘rug pulls,’ the latest cryptocurrency scam

With investors eager to get in early on new cryptocurrency projects, some unscrupulous developers have attracted investments, then walked away before building what they promised — leaving their supporters with worthless holdings

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