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The Latest Breaking News from Bitcoin

While Bitcoin, Ethereum, Dogecoin Crash — UK Crypto Platform Fetches $500M Valuation With Backing From Goldman Sachs, Barclays

United Kingdom crypto trading platform Elwood Technologies — founded by hedge fund billionaire Alan Howard — said it raised $70 million in a Series A funding round co-led by Dawn Capital and global investment bank Goldman Sachs Group Inc (NYSE: GS).

Benzinga

Market wrap: Federal election and hawkish RBA move expected to dominate markets this week

The month of May has lived up to its reputation as a volatile one for markets. The ASX200 closed the week 1.8 per cent lower at 7075.

The New Daily

Getting Paid in Bitcoin

Unfortunately, an automatic crypto purchase made with after-tax earnings won't lower your taxable income.

Reason

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New Look: Missing Crypto Queen May Have Surgically Changed Appearance To Avoid Capture

A ‘crypto queen’ who scammed investors and disappeared with their millions half a decade ago may have had plastic surgery to avoid capture, say cops in Germany.

Zenger

Bitcoin has no future as a payments network - FTX

Cryptocurrency exchange FTX's founder has said that bitcoin has no future as a payments network and criticised the digital currency for its inefficiency and high environmental costs.

Bangkok Post

Terra hasn’t killed crypto, but it was a narrow escape

NEW YORK: Speculation that the collapse of one of the biggest experiments in decentralized finance could bring about the death of crypto appears to have been overblown. If Terra’s implosion had happened after a few more months of growth, the resultant market impact might have created a DeFi version of…

The Times of India

Elkrem Capital issues novel DeFi strategy

Elkrem Capital, a decentralised finance (DeFi) asset management service provider under the Cryptomind Group, has launched "E-Growth", a new investment strategy to help investors capture returns from DeFi amid market volatility.

Bangkok Post

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Bill Gates: ‘Vaccines are a miracle. It’s mind-blowing somebody could say the opposite’

The Microsoft co-founder takes questions from scientists, academics and readers on Ukraine, Covid, Jeffrey Epstein and more

The Guardian - UK

‘Unstoppable until they aren’t’: are tech market losses signs of a bust?

Apple is no longer the most valuable company, Meta took a $230bn hit, Amazon reported its first loss since 2015, but a slump ‘is a big question mark’

The Guardian - US

Bitcoin Advocate Jack Dorsey Believes BTC Price Will Again Rise: Here's Why

Twitter Inc (NYSE: TWTR) founder and an avid Bitcoin (CRYPTO: BTC) bull Jack Dorsey has said that the price of the apex crypto will again rise after the recent plunge.

Benzinga

'Rich Dad Poor Dad' Author Warns Of Economic Pain, Says Baby Boomers Will Be 'Biggest Losers'

This article was originally published on May 14, 2022. "Rich Dad, Poor Dad" and personal finance author Robert Kiyosaki says that the U.S. is facing a future of unprecedented economic pain.

Benzinga

4 things to know as cryptocurrencies such as Bitcoin (and stablecoins) melt down

Bitcoin and other cryptocurrencies are being caught up in the storm impacting all kinds of markets, including stocks. The plunge in a type of crypto called TerraUSD is raising special concern.

WEKU

The Weekly Wrap for Saturday, 14 May 2022

It's been a bad week (month, year) to be a Web3 booster. Coinbase conceded that it may not be able to protect all the deposits it holds if it goes under. NFT's are evaporating and not even a CGI model of Madonna's vagina can save them. But in this edition…

inkl Originals

Michael Hiltzik: Bitcoin, NFTs, SPACs, meme stocks — all those pandemic investment darlings are crashing

The finance world, which is constantly on the lookout for rules and laws it can break in the interest of making more money, may have come up against the one law that can't be broken: the law of gravity.

Los Angeles Times

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Tribune News Service

Crypto’s $270 billion meltdown gives way to an uneasy calm

Even by the white-knuckle standards of the cryptocurrency universe, it was a standout week.

Benzinga

If You Invested $1,000 In Ethereum Classic, Dogecoin And Ripple (XRP) In March 2020, Here's How Much You'd Have Now

Investors who have put money into major U.S. indices have enjoyed respectable returns since March 2020.

StockNews.com

Warren Buffett Owns Shares of Nu Holdings, Should You?

Warren Buffet’s Berkshire Hathaway (BRK.A, BRK.B) has made a hefty investment in Brazilian fintech company Nu Holdings (NU). The company went public late last year and has declined more than 60% since then. So, is the stock a buy now? Read on to find out.

Reason

Billionaire Michael Saylor Believes in Bitcoin More Than Ever

Despite bitcoin's steep slide, the CEO of MicroStrategy is bullish on its mass adoption.

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The Independent UK

Bitcoin tumbles, a stablecoin plunges in wild week in crypto

It’s been a wild week in crypto, even by crypto standards

Benzinga

Here Are The Women Leading The Journey Toward Web3

Influencer, entrepreneur, speaker, and prominent NFT advocate, Gary “Vee” Vaynerchuk, is making good on his promises to holders of his VeeFriends NFTs with VeeCon 2022 — a conference “around Web3 and Culture” that kicks off next week in Minneapolis.

Benzinga

Here's How Much $100 Invested In Bitcoin Today Will Be Worth If It Hits All-Time High Again

The cryptocurrency market is crashing this week and many of the largest coins haven’t been able to escape the carnage of a potential crypto winter.

Benzinga

How The Fed's Interest Rate Hike Affects Crypto

This week has been quite the rough one for the cryptocurrency market. After enduring several days of consistently falling prices last week, we saw Monday come with even more bad news as coin prices took further tumbles.

Benzinga

Bitcoin Whale Moves 2,457 BTC Off Coinbase

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $74,981,878 worth of Bitcoin off Coinbase. The BTC address associated with this transaction has been identified as: 1MfKsStngCwHCtcFEtkKqXkL3Q9zmVVHNc.

Benzinga

Anonymous Bitcoin Whale Just Moved $76M Worth Of BTC Off Coinbase

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $76,904,365 worth of Bitcoin off Coinbase. The BTC address associated with this transaction has been identified as: 129BmPcAYdQPPQpR781E4jAvjmxb64MELS.

Benzinga

Bitcoin Whale Moves 3,400 BTC Off Coinbase

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $96,911,037 worth of Bitcoin off Coinbase. The BTC address associated with this transaction has been identified as: 1BDDP24sXewavb22C5cTEiQQDU5Qcn9957.

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