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The Latest Breaking News from Crypto

Cardano price prediction: What’s on the horizon?

Down to £0.38 from £1.02 at the start of the year, Cardano (ADA) is at its lowest price since February 2021, having suffered as much from the crypto winter of 2022 as bitcoin, Ethereum and many other tokens.

Evening Standard

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.

Benzinga

Bitcoin miners pause operations in Texas to curb blackouts

For miners eating the cost of a massive crypto nosedive, the temporary pause may actually be welcome.

Input

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Bitcoin, Ethereum Investors Remain Hopeful As Crypto Faces Its Worst Year Yet: Benzinga Exclusive Finds

In a recently conducted exclusive survey, Benzinga found that a majority of investors believe it is a good time to invest in cryptocurrencies.

Benzinga

7 Ways To Profit During A Crypto Bear Market

All financial markets experience different cycles and market conditions. Since crypto asset prices also go through prolonged periods of bullish and bearish movements, the crypto market is no exception. The most dreaded market phase for crypto traders and investors is a declining or bearish phase, especially one that sustains itself…

Benzinga

Top 10 Celebrity Crypto Fails

This article was originally published on Investingoal and appears here with permission. Crypto has exploded over the past few years with people making massive returns on investment by investing in assets like Bitcoin and Ethereum as well as digital art projects or NFTs.

Benzinga

The State of Crypto Investing Right Now: A Flashback TO The 90's And How to Minimize Risk

By CK Zheng, Co-founder and CIO, ZX Squared Capital

Benzinga

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Binance Served Crypto Traders in Iran Despite US Sanctions

The world's largest crypto exchange, Binance, continued to process trades by clients in Iran despite US sanctions and a company ban on doing business there, a Reuters investigation has found. In 2018, the United States reimposed sanctions that had been suspended three years earlier as part of Iran’s nuclear deal…

Asharq Al-Awsat

Collapsed crypto fund co-founder hits back at liquidators after ‘threats of physical violence’

A co-founder of a collapsed crypto hedge fund reportedly once worth $10 billion has hit back at accusations by liquidators that he is refusing to cooperate with them.

Evening Standard

‘They couldn’t even scream any more. They were just sobbing’: the amateur investors ruined by the crypto crash

Fuelled by hype and hysteria, the market in bitcoin and other cryptocurrencies went from an obscure niche to a $3tn industry. Then the house of cards collapsed

The Guardian - UK

Bitcoin, Ethereum, Dogecoin Plunge As Diamond Hands Feel The Pain: How Much Longer Will Crypto Slide Last?

Bitcoin traded below a key psychological level on Monday evening, while other major coins also slid, as the global cryptocurrency market declined 4.05% to $888.7 billion at press time.

Benzinga

Celsius weighs bankruptcy filing as crypto trader crisis grows

Beleaguered crypto lender Celsius Network is exploring a possible bankruptcy filing as it becomes the latest victim of the crash in the sector.

Evening Standard

Crypto-bro utopia: What could go wrong?

This documentary series about a failed anarchy experiment is an undisciplined stumble through a wild wild country

Salon

Crypto plunge is cautionary tale for public pension funds

The plunge in prices for Bitcoin and other cryptocurrencies provides a cautionary tale for the handful of public pension funds that have dipped their toes into the crypto pool

The Independent UK

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Benzinga

Why Are Cryptocurrency Miners Such As Riot Blockchain, Marathon Digital Holdings Relocating?

As of Friday morning, cryptocurrency miners such as Marathon Digital Holdings Inc (NASDAQ: MARA) and Riot Blockchain Inc (NASDAQ: RIOT) have risen 16% and 5.4% respectively, moving in a positive direction away from recent

Benzinga

Exclusive: How WAGMI United Is Changing The Soccer And NFT Markets With The Internet's Team, Crawley Town

A company that stands at the intersection between sports and crypto bought a football club with a plan to grow the team and brand, as well as allow holders of an NFT to share their input in the team’s future.

Benzinga

If You Invested $1,000 In Polkadot At Its COVID-19 Pandemic Low, Here's How Much You'd Have Now

Investors who have owned stocks in the past couple of years have generally experienced some big gains. But there is no question some big-name cryptocurrencies have left the stock market in the dust.

Benzinga

NFT: Doomsday or Payday?

NFT marketplaces continue to struggle. The volume transacted on NFT marketplaces have decreased due to the crypto market conditions. Taking reference from the research done by The Block Crypto for the month of May 2022.

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Benzinga

With Major Nosedives, Crypto's Being Seen As A Ponzi Scheme By Skeptics. Is There Something They Don't Get Right?

Cryptocurrency and traditional finance are worlds apart. Volatility is arguably one of the major components that differentiate the two. In the wake of the most recent downturn, skeptics have re-committed their efforts to vilify crypto—even to the point of associating it with Ponzi schemes. Does this imply they’re getting something…

Evening Standard

Bitcoin miner Compass slashes exec pay and fires 15% of staff

US bitcoin mining business Compass Mining fired 15% of its workforce and slashed executive pay as crypto firms tighten their belts to keep afloat amid plummeting bitcoin prices.

The Guardian - US

Can ‘chief vibes officers’ and NFT influencers keep things positive amid the crypto collapse?

Maintaining a feelgood atmosphere is now a job aimed at keeping prospective investors interested – and distracting holders from a troubled market

Benzinga

Bitcoin, Ethereum, Dogecoin Spike: Analyst Sees Apex Crypto Hitting $28K-$30K In 'Few Days' If This Happens

Bitcoin and other major coins saw a spike in prices Thursday evening as the global cryptocurrency market cap increased 3.7% to $958.2 billion at press time.

Bangkok Post

Voyager Digital goes bust after loan default

Voyager Digital, a major cryptocurrency investment firm, declared bankruptcy on July 6 after crypto hedge fund Three Arrow Capital (3AC) defaulted on a US$650 million loan.

Reuters

Brazil police raids gang allegedly using crypto to launder illegal gold mining

Brazil's federal police on Thursday carried out an operation against an alleged criminal gang that it said used crypto tokens to launder money made from illegal gold mining.

Benzinga

Effects Of Using Cryptocurrency As A Commodities Substitute

By Zack Lindsey Raw materials are referred to as commodities, and they play an important role in the manufacture of a wide variety of other goods and services.

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