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The Latest Breaking News from Crypto

TechScape: How Musk and crypto bros get away with it

In this week’s newsletter: Just like Donald Trump’s political rise, Tesla’s CEO and firms like Tether win by simply not playing by the same rules as everyone else

The Guardian - UK

Coinbase Plans To Slow Hiring Amid Crypto Market Downturn

Major crypto exchange Coinbase Global Inc (NASDAQ: COIN) plans to slow hiring in the wake of rapidly declining cryptocurrency prices. What Happened: In an announcement on Tuesday, Coinbase said it would be reprioritizing its hiring needs after the current market downturn.

Benzinga

Cryptocurrencies Trends to Watch This Year, Including Policy Decisions and Innovations

2021 was a year of significant volatility for cryptocurrencies due to multiple factors, including regulatory changes in China and Elon Musk’s realization of the negative environmental impact caused by cryptocurrency mining. Last year, the value of Bitcoin reached all-time highs before plummeting in May. Late last year, Ethereum also reached…

Benzinga

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UST collapse hits digital asset market

The global cryptocurrency market saw its value plummet amid heavy sell-offs, with the collapse of TerraUSD (UST), one of the biggest stablecoins, sending shockwaves throughout the digital asset market.

Bangkok Post

NFT Features: What Drives The Value Of NFTs Up?

By Mesha There’s a lot of crypto buzz going around, and indeed, for all the right reasons. And if you have been following the trends, the value of NFTs has exploded. Some unique features of NFTs make them extremely popular.

Benzinga

Tuesday's Afternoon Update On Crypto Gainers and Losers

According to Benzinga Pro, the following are the crypto gainers and losers at the time of publication:

Benzinga

Here's Why Bitcoin Could Plummet 30%

Bitcoin (CRYPTO: BTC) was trading slightly lower on Tuesday attempting to break down bearishly from an inside bar pattern the crypto has developed on its daily chart.

Benzinga

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Terra (LUNA) Blow-Up One Of The 'Largest Fiascos' In Crypto Market History, Ark Says

TerraUSD (CRYPTO: UST) losing its peg to the dollar and the subsequent blow-up seen in Terra (CRYPTO: LUNA) was termed one of the “largest fiascos” in cryptocurrency market history by Frank Downing, an analyst w

Benzinga

A crypto first? What happens when a blockchain like Terra dies

The crypto world has been riveted by the rapid collapse of the TerraUSD stablecoin. But its implosion may bring about something just as noteworthy: the death of a major blockchain.

The Times of India

Do Kwon Proposes Terra Hard Fork, Airdrop To TerraUSD, LUNA Holders

Terra (CRYPTO: LUNA) founder Do Kwon has proposed a blockchain hard fork to revive the project’s ecosystem.

Benzinga

Elon Musk Reacts To Dogecoin Creator's Tweet That 95% Of Crypto Is 'Scams And Garbage'

Dogecoin (CRYPTO: DOGE) co-creator Billy Markus appreciated Tesla Inc (NASDAQ: TSLA) CEO Elon Musk’s reaction to a tweet in which the latter touched upon the poor reputation of crypt

Benzinga

Bitcoin Back Below $30K Level, Ethereum, Dogecoin In Red: Why Analyst Thinks Apex Coin Is In A 'Fight For Its Life'

Bitcoin traded below the $30,000 mark, while Ethereum and Dogecoin were also weaker over the last 24 hours at press time on Monday evening, as the global cryptocurrency market cap declined 4.4% to $1.3 trillion.

Benzinga

Want To Buy Crypto? Check Out The Top Movers For Today

Pulled from Benzinga Pro here's the list of the top crypto gainers and losers at the time of publication:

Benzinga

Here's How Dogecoin May Be Signaling A Reversal

Dogecoin (CRYPTO: DOGE) was trading down more than 5% on Monday in consolidation, after seeing whipsaw action between May 9 and May 13, which caused the crypto to plummet almost 48% to the $0.064 mark before bouncing up back up over the 8-cent mark on May 12.

Benzinga

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Benzinga

Terra (LUNA) Sold 80,000 Bitcoins In A 3-Day Span Amid Depeg-Crisis: UST Holder Compensation Coming

When TerraUSD (CRYPTO: UST) — the stablecoin integrated into the Terra (CRYPTO: LUNA) ecosystem — lost its peg to the U.S.

The Guardian - UK

Q&A: the collapse of terra and what it could mean beyond crypto

After the crash of the ‘stablecoin’ sparked panic, could the fall of the wider crypto market lead to a more permanent economic crunch?

Benzinga

UK Department Of Treasury Rushes To Regulate Stablecoins In The Wake Of The Terrapocalypse

The United Kingdom's Department of Treasury — or Her Majesty's Treasury — is regulating stablecoins following the collapse of TerraUSD (CRYPTO: UST) which brought down major cryptocurrency Terra (CRYPTO:

Benzinga

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

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

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Benzinga

Ethereum Whale Moves 80,000 ETH Off Bitfinex

What happened: An Ethereum (CRYPTO: ETH) whale sent $159,668,640 worth of Ethereum off Bitfinex. The ETH address associated with this transaction has been identified as: 0xd41cdb2a35a666e8e1f9f53054e85091b67e13af

Benzinga

Bitcoin Whale Moves 9,661 BTC Off Coinbase

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $284,120,110 worth of Bitcoin off Coinbase. The BTC address associated with this transaction has been identified as: 1Prp7JxrzKoU3uhY3VkbYQ4bv8CiejgaDN.

Benzinga

Anonymous Bitcoin Whale Just Moved $284M Worth Of BTC Off Coinbase

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $284,307,013 worth of Bitcoin off Coinbase. The BTC address associated with this transaction has been identified as: 122vXUdsBkzwCq7ti5fEJDoaSWXpqsQYW3.

Benzinga

Anonymous Crypto Wallet Moves $348M Worth Of Bitcoin

What happened: $348,155,467 worth of Bitcoin (CRYPTO: BTC) was just moved between 2 anonymous cryptocurrency wallets in a single transaction. This mysterious person's bitcoin wallet address has been identified as: bc1qu8urg8cw9yh5phw8qfcpkhulxne6pcrhhl5hd0vjurewr0qaswgqvu79aa

The Guardian - UK

$7.6bn of ‘stablecoin’ tether redeemed since start of crypto crisis

Figures suggest company has paid out more than total cash on hand, as terra backers prepare relaunch

Benzinga

Bitcoin's Fundamentals Show High Uncertainty As Number Of Addresses Sending To Exchanges Reaches 1-Year High

The on-chain fundamentals of the world's top cryptocurrency Bitcoin (CRYPTO: BTC) are showing a rather grim picture as the sentiment-tracking Fear & Greed Index reports "extreme fear" in

Benzinga

Osmosis, Kusama Among Top Crypto Movers In 24H

Pulled from Benzinga Pro here's the list of the top crypto gainers and losers at the time of publication:

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