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The Latest Breaking News on Crypto

Elon Musk's Bitcoin Energy Thesis Cited By Cynthia Lummis To Back Strategic Reserve, While Pierre Farragu Hails It As BTC's Most 'Compelling' Argument

Sen. Cynthia Lummis (R-Wyo.) referenced Elon Musk's argument on Bitcoin’s (CRYPTO: BTC) energy model on Tuesday to build a case for a strategic reserve of the cryptocurrency

Benzinga

Bitcoin Tumbles As Trump Reignites China Trade Tensions; Ethereum, XRP, Dogecoin Fall: Analyst Says BTC 'Must' Reclaim This Level Or Drop Below $100K

The comeback rally was short-lived as President Donald Trump’s latest trade barb against China sent leading cryptocurrencies lower on Tuesday.

Benzinga

ETH Will Power Finance, Former TD Ameritrade CEO Says—Then Why Are Polymarket Traders Betting On A Drop To $3,400?

Ethereum (CRYPTO: ETH) trades within a tight consolidation range as former TD Ameritrade CEO Joe Moglia says the entire financial system will eventually run on Ethereum.

Benzinga

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US Indicts Cambodian Tycoon Over $15bn Crypto Scam Empire

US authorities on Tuesday unsealed an indictment against Chen Zhi, a UK-Cambodian businessman accused of running forced labor camps in Cambodia where trafficked workers carried out cryptocurrency fraud schemes that netted billions of dollars.

International Business Times

Bitmine Immersion Technologies (BMNR) Stock Is Sliding Tuesday: What's Going On?

Shares of Bitmine Immersion Technologies Inc (AMEX:BMNR) are trading lower Tuesday afternoon, pulling back amid a battle between bullish accumulation and bearish scrutiny. The stock is at a focal point for crypto investors due to its aggressive strategy of amassing Ethereum (CRYPTO: ETH).

Benzinga

Solana's Chart Flashes Bullish Setup That XRP, ADA Don't Have—What's Going On?

Solana (CRYPTO: SOL) has rebounded from the $186 level, keeping its bullish structure intact and setting the stage for a potential breakout.

Benzinga

Cathie Wood's 'DIET' ETF Tests Investor Appetite For Calmer Innovation

When ARK Invest introduced the ARK DIET Q4 Buffer ETF (BATS:ARKT) two weeks ago, it was sold as the sugar-coated variation of its innovation strategy, featuring the same fundamental flavors, but with a safety net. The question now is whether the diet is gaining traction or making investors hungry.

Benzinga

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BlackRock's CEO Says Crypto Will Grow 'Rapidly' — Here's How

BlackRock Inc. (NYSE:BLK) reported strong third-quarter results on Tuesday, with CEO Larry Fink saying the cryptocurrency market will grow "rapidly" as the firm builds proprietary tokenization technology to move traditional assets on-chain.

Benzinga

Chinese businessmen ‘built London property empire from huge romance and crypto scams’

Chen Zhi and Qiu Wei Ren have had assets frozen including 19 London properties after they were added to UK sanctions list

Evening Standard

Bitfarms (BITF) Stock Is Trending Tuesday: What Investors Need To Know

Shares of Bitfarms Ltd (NASDAQ:BITF) are bouncing around and trending across social media platforms Tuesday morning. Here’s what investors need to know.

Benzinga

Bitcoin, Ethereum ETFs Bleed $755 Million, But Technical Analysis Gives Bulls Hope

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) ETFs saw a combined outflow of $755 million, though technical indicators still show resilience, hinting the market may not be as weak as flows suggest.

Benzinga

'Asia's MicroStrategy' Metaplanet Down 70% Since June, Company Value Falls Below $3.4B Bitcoin Reserves

Metaplanet Inc. (OTCQX:MTPLF) shares fell to $3.45 on Tuesday, extending a months-long slide that has erased 70% of the company's value and pushed its market capitalization below the worth of its Bitcoin reserves.

Benzinga

Chinese victims of convicted 'Bitcoin Queen' may have trouble getting their $7.3 billion back from UK government — lawyers predict a lengthy cross-border ordeal for 130,000 investment scheme victims

"Bitcoin Queen" Qian Zhimin's $7.3 billion stash of cryptocurrency, amassed through the laundering of the stolen funds of 130,000 Chinese victims, has been seized by the UK police. But the victims back in China will face difficulties recovering the money.

Tom’s Hardware

Elon Musk Says Bitcoin Has Energy: 'You Can Issue Fake Fiat...But It Is Impossible To Fake Energy'

Elon Musk said Tuesday that Bitcoin (CRYPTO: BTC) is based on energy and, unlike fiat currencies, governments cannot fake it and issue their own.

Benzinga

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The Independent UK

How Trump triggered the biggest crypto crash in history

Half a trillion dollars wiped from the market in the latest sell-off, with Trump’s own meme coin hitting a new all-time low

Benzinga

China Sanctions 5 US Subsidiaries Of South Korean Shipmaker Hanwha Ocean Amid Rising Trade Tensions

China has imposed sanctions on five U.S. subsidiaries of South Korean shipbuilder Hanwha Ocean, over their alleged involvement in a U.S. probe into China’s shipping industry.

Benzinga

Is Crypto Fueling Gold's Rise? Here's The 'Interesting Correlation' Tom Lee Noted

Wall Street strategist Tom Lee suggested a correlation on Monday between the rise in Tether’s (CRYPTO: USDT) supply and the steady rise in gold prices observed over the past three months.

Benzinga

Bitcoin Consolidates As Ethereum, Dogecoin And XRP Extend Gains: Analytics Firm Says 'Significant Upsides' Possible Long Term After Recent Sell-Off

Bitcoin traded sideways on Monday, but most leading cryptocurrencies extended gains as investors awaited the market’s rebound following a major shakeout.

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Benzinga

Prestige Wealth Raises $150 Million To Back Treasury With Tether Gold

Hong Kong-based wealth management and advisory firm Prestige Wealth Inc. (NASDAQ:PWM) has signed and closed approximately $150 million in financing for its Aurelion Treasury initiative, which it says will establish the first Tether Gold-backed treasury by a NASDAQ-listed company.

Benzinga

Ethereum Rallies To $4,200: Is A Run To $5,000 Finally In The Making?

Ethereum (CRYPTO: ETH) is coiling for its biggest move in months, pressing against a decisive $4,750 resistance that traders say could unlock a rally toward $5,000.

Benzinga

Step Aside XRP, ADA, Solana—AVAX, ZEC And This 'Ethereum Killer' Are The New Outperformers

Avalanche (CRYPTO: AVAX), Hyperliquid, and Zcash (CRYPTO: ZEC) are drawing investor attention after outperforming larger networks like XRP (CRYPTO: XRP), Solana (CRYPTO: SOL), and Cardano (CRYPTO: ADA) in both technical and on-chain activity.

Benzinga

BlackRock CEO Larry Fink Says There's A Role For Crypto 'In The Same Way There Is For Gold'

BlackRock Inc. (NYSE:BLK) CEO Larry Fink said cryptocurrencies have a legitimate role similar to gold, reversing his earlier skepticism during an interview with CBS' 60 Minutes.

Benzinga

XRP Bulls Eye $14 Ahead Of Ripple's Biggest Event Of The Year In 3 Weeks

XRP (CRYPTO: XRP) is back in focus as traders gear up for Ripple Labs' high-profile Swell 2025 conference in New York this November, an event long viewed as a potential catalyst for fresh momentum in the cryptocurrency's price.

Benzinga

Forget MSTR, These 3 Bitcoin-Linked Stocks Are Flashing Valuation Red Flags

Three overvalued crypto-linked stocks have recently posted sharp declines in their value percentile ranking, signaling increased overvaluation and potential risk for investors eager to ride the Bitcoin (CRYPTO: BTC) wave.

Caixin Global

Business Brief (Oct. 13): Beijing Decries U.S. ‘Double Standards’ on Trade Controls

China to levy special port fees on U.S. ships, Dutch government orders asset freeze at Chinese-owned Nexperia

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