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The Latest Breaking News on Crypto

Bitcoin, Ethereum, Dogecoin Rally Mutes — Prominent Trader Sees Big Upside In Coming Month With ETH Reaching For $2,500

The rally in major coins simmered down Thursday evening as the global cryptocurrency market cap rose marginally by 0.3% to $1.1 trillion at press time.

Benzinga

Zipmex crisis creates toxic Thai legacy

Smith Chayavorakul had been investing in cryptocurrency for eight months, riding the boom-and-bust cycle of market prices. But things changed when the Singapore-based crypto exchange Zipmex prevented investors from making withdrawals after it was caught in the market meltdown.

Bangkok Post

Dogecoin Perks Up To CPI Data But Lacks Celebrity Praise: What's Up With The Crypto?

Dogecoin (CRYPTO: DOGE) was trading about 3% higher during Thursday’s 24-hour trading session in tandem with Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO:

Benzinga

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The Impact of FUD On The Crypto Market: Time To Fight Back

Fear, Uncertainty, and Doubt, or FUD, is a big problem in the cryptocurrency industry. As CEO of one of the industry-leading crypto exchanges, I often have to be prepared for dealing with rumors, misinformation and bias, and understand how all of these developments affect the broader crypto industry.

Benzinga

How is crypto mined and why is it bad for the environment? Ethereum Merge is announced as complete

The update promises to slash the emissions of the world’s second-biggest blockchain by 99%, but Bitcoin is unlikely to follow

Evening Standard

Benzinga Before The Bell: iPhone 14 Might Be Costlier, Coinbase Face Another SEC Probe, Binance Sees Crypto User Growth And Other Top Financial Stories Thursday, August 11

Reuters Binance Says Worldwide Inflation Is Driving Crypto User Growth

Benzinga

Green credentials lift Ethereum prices

The price of Ethereum has jumped 10% to recover to its highest level in two months after the cryptocurrency announced testing work was under way to make using the coin more efficient.

Evening Standard

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Dogecoin Daily: Price Jumps As Inflation Concerns Ease, But Co-Founder Asks If It's Just 'Delusional Optimism'

Dogecoin (CRYPTO: DOGE) rose nearly 6% to $0.07 over 24 hours leading up to early Thursday morning. DOGE rose alongside major coins as the global cryptocurrency market cap shot up 7.15% to $1.2 trillion.

Benzinga

Bitcoin 'Might Rally Significantly,' Says Analyst As It Spikes Alongside Ethereum, Dogecoin On Moderating Inflation: Key Levels To Watch

Major coins rallied on Wednesday after July consumer price index data indicated a slowdown in inflation. The global cryptocurrency market cap rose 3.9% to $1.1 trillion at press time.

Benzinga

Crypto exchange announces fund freeze with teary anime GIF

The GIF in question depicts Anya Forger, one of the primary characters in Spy x Family.

Input

Ethereum Surges Amid Market Strength, Signs Of Waning Inflation: Why It May Be Heading Even Higher

Ethereum (CRYPTO: ETH) was surging over 8% higher on Wednesday, propelled by a positive market-wide reaction to the latest consumer price index data that showed inflation inc

Benzinga

4 Coinbase Analysts Have Mixed Feelings On Q2 Earnings: Are There Glimmers Of Hope?

Cryptocurrency platform Coinbase Global Inc (NASDAQ: COIN) reported second-quarter financial results after market close Tuesday. Here’s what analysts are saying about the company, the crypto bear market and what’s ahead.

Benzinga

Bitcoin, Ethereum, Dogecoin Fall Ahead Of Inflation Data: Why Crypto Prices May Not Return To 'Prosperous' Levels

The global cryptocurrency market cap fell 2.7% to $1.09 trillion on Tuesday evening as investors awaited key consumer price index data.

Benzinga

What The Bored Ape Yacht Club And Quontic’s Pool Party In The Metaverse Means For Your Company

Crypto might be tanking, but metaverse spending is bounding to new heights.

Zenger

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Financial Times

Coinbase racks up $1.1bn loss as crypto trading volumes slump

Exchange says downturn is part of a typical cycle as digital asset prices fall

Benzinga

Coinbase Stock Dives After Q2 Earnings While Claiming They're An 'All Weather Company' For Crypto Prices Cycles

Cryptocurrency platform Coinbase Global Inc (NASDAQ: COIN) reported second quarter financial results and shared an updated full year guidance after market close Tuesday.

Zenger

‘Let Crypto Build,’ Says Congressman Tom Emmer

The latest “crypto winter” following the collapse of Terra/Luna (R-MN), who discussed the challenges and pitfalls of crypto that may lay ahead because of the specter of federal regulation and intervention. Politicians are often reactive – responding to a problem, or at least a perception of a problem, with artificial…

Benzinga

Bank Of England Warns On Metaverse Growth: Could Cause 'Financial Instability'

The growth of an open and decentralized metaverse may scale up the existing risks from crypto assets and could cause financial instability in the real world, according to the Bank of England.

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Benzinga

What To Watch For On Coinbase Global As The Stock Reacts To Q2 Earnings Results

Coinbase Global, Inc (NASDAQ: COIN) is set to print its fiscal second-quarter financial results after the market closes on Tuesday. The stock was trading over 10% lower heading into the event.

Benzinga

How Blue Chips Like Bitcoin, Ethereum Are Performing Vs. Meme Coins In Crypto Winter

Beginning with Bitcoin (CRYPTO: BTC) which was launched in 2009, the crypto market has grown exponentially to now offer more than 20,000 unique crypto tokens from which investors can choose.

Bangkok Post

Singapore regulator reiterates crypto dangers amid Hodlnaut woes

Cryptocurrency investment is “highly hazardous” but meltdowns in the sector have not created financial-stability risks for Singapore, regulators in the city-state said after another digital-asset firm ran into trouble.

Asharq Al-Awsat

Iran Makes First Import Order Using Cryptocurrency

Iran made its first official import order using cryptocurrency this week, the semi-official Tasnim agency reported on Tuesday, a move that could enable the country to circumvent US sanctions that have crippled the economy. The order, worth $10 million, was a first step towards allowing the country to trade through…

Benzinga

Dogecoin Daily: Price Firm Above 7 Cents, Lucky Node Runners To Get Customized Profile Pictures

Dogecoin (CRYPTO: DOGE) traded 4.1% higher at $0.07 over 24 hours leading up to early Tuesday morning. DOGE traded in the green in tandem with other major coins as the global cryptocurrency market cap rose 0.6% to $1.1 trillion.

Bangkok Post

Bank of Thailand to get more powers in crypto law overhaul

The government plans to overhaul digital rules to confer more powers on the central bank and tighten the oversight of platforms offering cryptocurrencies and other tokens after a recent market rout left retail investors reeling from losses.

Benzinga

Bitcoin Trails Ethereum In Gains: 'Insane' Relief Rally Or 'Massive Fakeout', What's Next?

Ethereum dominated among major coins Monday evening as the global cryptocurrency market cap rose 2.5% to $1.1 trillion at press time.

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