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The Latest Breaking News from Crypto

Crypto mining expends more energy than the entire country of Australia

A new report from the White House Office of Science and Technology Policy outlines the environmental toll of generating crypto assets.

Input

Ryan Pineda's Tykes NFT Sets Stage To Rake In 'Billions' From Real Estate Tech Boom

Technology has disrupted every other industry except real estate. That’s according to Ryan Pineda, the CEO and founder of Tykes, a non-fungible token (NFT) that’s making the rounds for being “one of the highest trending” projects on utility and interest — among the likes of “Bored Apes and CryptoPunks.”

Benzinga

Ethereum upgrade brings risks for ailing crypto lender Hodlnaut

Struggling cryptocurrency lender Hodlnaut warned of risks to its assets if a looming upgrade of the Ethereum blockchain known as the Merge stokes a bout of volatility in virtual coins.

Bangkok Post

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The Merge: a blockchain revolution or just more hype?

Ethereum’s switch to a greener system is seen by crypto enthusiasts as a long-awaited chance to prove critics wrong

Financial Times

Crypto creeps strike again

'All investments carry some degree of risk." This is a classic statement that investors should bear in mind before engaging in any financial investment.

Bangkok Post

Cryptocurrency scam losses hit new high in Queensland as cost of living bites

The use of celebrity profiles and influencers is resulting in people losing record amounts of money to cyber investment scams. Victims and crime experts give tips on how to spot a scam.

ABC News

Ethereum Blockchain Set for 'Monumental' Overhaul

An army of computer programmers scattered across the globe is set to attempt one of the biggest software upgrades the crypto sector has ever seen this week to reduce its environmentally unfriendly energy consumption. Developers have spent years working on a more energy-efficient version of the ethereum blockchain, a digital…

Asharq Al-Awsat

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Guardian Platform The Crypto Destination For 'Everything From News To Charting'

Benzinga is hosting a two-day crypto event at New York City’s Pier Sixty, Dec. 7-8, 2022.

Benzinga

Bitcoin, Ethereum, Dogecoin Surge Higher Into The Weekend: What's Happening?

Bitcoin (CRYPTO: BTC) was leading the crypto sector higher during Friday’s 24-hour trading session, skyrocketing about 10% higher. The bullish price action overnight on Thursday predicted a big move north for the general markets on Friday, which saw the S&P 500 rally about 1.7%.

Benzinga

Shaking Up The Stablecoin Scene

With the initial phases of the Merge underway, Ethereum (CRYPTO: ETH) has outperformed Bitcoin (CRYPTO: BTC) and the broader markets over the past week. That includes the S&P 500 and Nasdaq.

Benzinga

Coinbase Stock Surges In Tandem With Bitcoin, Ethereum: Here's What To Watch

Coinbase Global Inc. (NASDAQ: COIN) gapped up 7% to start Friday’s trading session following a massive crypto rally, which began at 11:00 p.m. Thursday evening.

Benzinga

1 Bitcoin Mining Stock You Need to Sell Now

The cryptocurrency market is expected to become highly regulated in the near term. Amid the massive sell-off in the crypto market on concerns over a potential recession, crypto mining stock Marathon Digital (MARA) has slumped close to 60% this year. Considering the company’s weak fundamentals and the crypto market’s downtrend,…

StockNews.com

In Defense of Not Mourning Queen Elizabeth

Plus: Aretha Franklin's FBI file is declassified, Coinbase challenges Treasury Department sanctions of cryptocurrency technology, and more...

Reason

The Ethereum merge could kick off a transformation in crypto's battered reputation

Cryptocurrencies might still be a very long way from their highs of 2021, but some of the major ones have staged some decent recoveries in the past couple of months. Notably ether (ETH), the second largest cryptocurrency after bitcoin, is trading at almost US$1,700 (£1,463) at the time of writing,…

The Conversation

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The Hindu

Investing | Why young India needs to dial down

The crypto crash in May has young investors re-thinking their views on risk and reward, but there is much that they need to keep in mind before ‘return chasing’ again. Experts weigh in

Bangkok Post

Crypto dreams dashed as regulators tighten rules

Thailand’s goal of becoming Southeast Asia’s leading trading centre for digital assets has suffered a setback, following moves by regulators to tighten rules in the wake of trading irregularities and the collapse of a major acquisition involving a crypto exchange.

The Guardian - US

When bitcoin plunges, Buttcoin cheers: the online community praying for the end of crypto

A Reddit subforum for people who are horrified by the proliferation of crypto scams and pyramid schemes pokes fun at cryptocurrency

Benzinga

Bitcoin, Ethereum, Dogecoin Flat As Central Banks Stay Hawkish: Why This Trader Says Be Careful About ETH Bounce

Ethereum’s gains were higher than Bitcoin’s, even as the two coins remained largely flat on Thursday evening, with the global cryptocurrency market cap rising 0.7% to $983.3 billion at 8:20 p.m. EDT.

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Benzinga

Bitcoin, Ethereum, Dogecoin Spike Amid Risk Rally: Why A Red September Could Present 'Great Buying Opportunity' For Investors

Bitcoin and Ethereum rose Wednesday evening as the global cryptocurrency market cap increased 2.95% to $974.2 billion at 8.11 p.m. EDT.

Benzinga

Will The Fed Funds Rate Continue To Go Up? Fed Officials Weigh In On How To Reduce Inflation

The Federal Reserve is back on center stage as high inflation continues to drill holes in the pockets of Americans. What Happened On Wednesday, the Fed released its Beige Book for September, sharing an official analysis of the economic conditions and prospects of the country.

Benzinga

Binance Coin, Ethereum Classic, Shiba Inu Stage Strong Rebounds: What's Happening?

Binance Coin (CRYPTO: BNB) was rebounding almost 3% during Wednesday’s 24-hour trading session, more in tandem with the S&P 500 than Bitcoin (CRYPTO: BTC).

Benzinga

Celsius Network Is A Ponzi Scheme, Suggests Vermont Regulator; Slams CEO For 'False' Statements

The Vermont Department of Financial Regulation has outlined a variety of state concerns about unregistered securities offerings and fraud committed by the cryptocurrency firm Celsius Network, suggesting that the compan

Axios

Federal Reserve's new bank cop lays out regulatory agenda

Michael Barr signaled a consideration of more stringent requirements for Wall Street and tougher oversight of cryptocurrency activity.

StockNews.com

2 Stocks to Avoid if You Don't Want to Lose Money

The Fed’s hawkish stance has increased the odds of the economy tipping into a recession. Therefore, it could be wise to avoid fundamentally weak crypto-focused stocks Coinbase Global (COIN) and Riot Blockchain (RIOT), as they are not well-positioned to survive the market uncertainties. Read on….

Benzinga

Bitcoin, Ethereum, Dogecoin Crash On Rising Treasury Yields — Analyst Says Apex Coin Could Fall Below $17,600 If This Happens

Major coins dropped sharply Tuesday evening as the global cryptocurrency market cap declined 4.2% to $948 billion at 8:30 p.m. EDT.

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