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The Latest Breaking News from Bitcoin

Bitcoin, Ethereum Under Pressure, Dogecoin Gains: Stressed Miners Are Selling BTC, But Who's Buying?

Bitcoin and Ethereum were under pressure even as they traded above key levels of $20,000 and $1,000, respectively, on Wednesday evening, with the global cryptocurrency market cap falling 1% intraday to $898.1 billion at press time.

Benzinga

Chart Wars: Does Marathon Digital Or Riot Blockchain Have More Strength As Bitcoin, Ethereum Fall

Marathon Digital Holdings, Inc (NASDAQ: MARA) and Riot Blockchain, Inc (NASDAQ: RIOT) were plunging about 10% and 7%, respectively, on Wednesday, in exaggeration to Bitcoin (CRYPTO:

Benzinga

A Bear Of Historic Proportions

Bitcoin (CRYPTO: BTC) fell below $20,000 briefly this morning, whilst the total crypto market cap fell to below $900 billion, from a high of $3 trillion last year.

Benzinga

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Pentagon Warns Of Serious Threat To Global Economy From Blockchain Vulnerabilities

In the Pentagon’s latest report, they reveal numerous vulnerabilities on the blockchain.

Benzinga

Latest Bitcoin Meltdown Pressures Chinese Crypto Companies

Key Takeaways: Ebang, a maker of cryptocurrency mining machines, has been warned about potential delisting from the Nasdaq after its stock remained below $1 for a prolonged period Rival crypto mining equipment maker Canaan repurchased warrants it issued last year after its stock plunged to levels well below the exercise…

Benzinga

Crypto crisis: how digital currencies went from boom to collapse

Savers talk of devastating losses as assets such as bitcoin and ‘stablecoins’ like terra fell sharply

The Guardian - UK

Three Arrows Capital to become latest casualty of crypto crash

Crypto hedge fund facing collapse after claims of $650m default on loan to Voyager bank

The Guardian - UK

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Bitcoin Whale Moves 4,002 BTC Off Gemini

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $81,332,261 worth of Bitcoin off Gemini. The BTC address associated with this transaction has been identified as: 3Kzh9qAqVWQhEsfQz7zEQL1EuSx5tyNLNS.

Benzinga

Someone Just Sent $93M In Bitcoin Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $93,917,465 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: bc1qsmp3rg7tdx749r8l3zvzetkmqdgdf056petlzq

Benzinga

Bitcoin Whale Just Transferred $158M BTC From Coinbase To Gemini

What happened: An anonymous Bitcoin (CRYPTO: BTC) whale just transferred $158,342,542 worth of Bitcoin off Coinbase, and the investor then sent these funds to Gemini.

Benzinga

Bitcoin Whale Moves 9,003 BTC Off Gemini

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $186,147,594 worth of Bitcoin off Gemini. The BTC address associated with this transaction has been identified as: 3Kzh9qAqVWQhEsfQz7zEQL1EuSx5tyNLNS.

Benzinga

Why Is Dogecoin Slumping Today?

Dogecoin (CRYPTO: DOGE) traded 8.35% lower at $0.065 over 24 hours leading up to the early hours of Wednesday. The meme cryptocurrency declined along with the global cryptocurrency market cap, which fell 3.75% to $902.3 billion at press time.

Benzinga

Bitcoin Down More Than 4% Within 24 hours

Over the past 24 hours, Bitcoin's (CRYPTO: BTC) price has fallen 4.94% to $20,032.00. This continues its negative trend over the past week where it has experienced a 3.0% loss, moving from $20,643.55 to its current price.

Benzinga

Some Crypto Exchanges Are 'Secretly Insolvent' And 'Too Far Gone,' FTX Chief Tells Forbes

Sam Bankman-Fried, founder and CEO of crypto exchange FTX, warns that some cryptocurrency exchanges may already be insolvent and that failures are imminent.

Benzinga

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Benzinga

'Rich Dad Poor Dad' Author Waiting For Bitcoin To Test $1,100: 'Losers' Will Quit

"Rich Dad Poor Dad" author Robert Kiyosaki has another “rich dad lesson” for those that are quitting Bitcoin (CRYPTO: BTC) at its current prices.

The Guardian - UK

TechScape: Can US women trust big tech with their data after Roe v Wade?

In this week’s newsletter: Calls to delete period tracking apps have gone viral in America – but the likes of Facebook and Apple have questions to answer on user privacy too

Bangkok Post

Bitcoin struggles as ‘final washout’ possible

Bitcoin stayed just over US$20,000 on Wednesday, with its inability to gain upward traction fueling concern among analysts of further declines.

Benzinga

How Bitcoin Crash Could Hurt Kim Jong-Un's Weapons Tests

A plunge in the prices of cryptocurrencies has dwindled the value of digital coins stolen by North Korean hackers, potentially denting a key source of funding Kim Jong-Un would require to fund his ambitious weapons programs.

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Benzinga

Crypto Exchange Reveals 'Bitcoin Jesus' Roger Ver Owes It $47M: What Next?

CoinFLEX CEO Mark Lamb has publicly revealed that Roger Ver is the high net worth client who owes the cryptocurrency exchange $47 million. What Happened: In a series of tweets on Tuesday, Lamb said that Ver owes $47 million worth of USDC.

Benzinga

Bitcoin, Ethereum, Dogecoin Slip Alongside Weaker Stocks: Analyst Says Altcoins 'Showing More Strength'

Bitcoin and other major cryptocurrencies showed weakness Tuesday evening as the global cryptocurrency market cap slipped 2.8% to $908.1 billion at press time.

Reuters

Crypto crash threatens North Korea's stolen funds as it ramps up weapons tests

The nosedive in cryptocurrency markets has wiped out millions of dollars in funds stolen by North Korean hackers, four digital investigators say, threatening a key source of funding for the sanctions-stricken country and its weapons programmes.

Bangkok Post

3AC defaults on loan worth $670m

Three Arrows Capital (3AC), a prominent crypto hedge fund, defaulted on a loan worth over US$670 million, prompting a steep fall in Bitcoin's price to below $21,000.

Benzinga

Crypto Winter - Multiple Blow-ups Leading To A Much Bigger Problem...

During periods of rampant excess in financial markets, we move from valuations based on the present value of future cash flows to valuations based on stories. How compelling is your story? Is it one of future growth and revolutionized economic reform all powered by smart contracts? Sounds pretty neat.

Benzinga

Happy Birthday Elon Musk: 51 Facts And Figures About Tesla, SpaceX CEO On His 51st Birthday

One of the world’s most well-known CEOs, Elon Reeve Musk was born June 28, 1971, in South Africa and is celebrating his 51st birthday in 2022. Known for his use of memes on social media, including mentions of popular jokes involving 69 and 4/20, it might come as a surprise that…

Tribune News Service

Labor Department warning opens divide on crypto in 401(k) plans

WASHINGTON — Lawmakers and investor advocates are ringing alarms over the idea of allowing cryptocurrency into 401(k) and other retirement plans, especially after a turbulent month that saw some projects implode and other cryptocurrencies go into free fall.

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