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The Latest Breaking News from Crypto

Credit Suisse Slashed Snap's Price Target By 23.4%, Still Reiterated Outperform - Read Why

Snap Inc (NYSE:SNAP) recently shared its reduced expectations of Q2 FY22 revenue and EBITDA amid the challenging macroeconomic environment. Credit Suisse analyst Stephen Ju maintained an Outperform rating on Snap as it cut the price target from $77 to $59 (278.7% upside). Ju called out Snap's 1) minimal exposure to travel as consumer dollars flow from…

Benzinga

Fed Report Shows Who's Actually Using Crypto and How

Millions of lower-income or unbanked people are more likely to use cryptocurrency as a payment method.

Reason

Like the gig economy, crypto gaming is sold with promise of convenience and riches. In practice it’s deeply exploitative

Video games are increasingly incorporating blockchains, the decentralised databases that underpin cryptocurrencies, as well as NFTs and other “digital assets”. New games are emerging expressly to support blockchain technology, while traditional games are being updated to incorporate blockchains.

The Conversation

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Luna 2.0 coin crashes after rocky launch

The relaunch of the highly controversial Luna cryptocurrency faces a rocky start after losing 75% of its value.

Bangkok Post

Many put faith in cryptocurrency but crash could lead to regulation and new consumer protections

Bitcoin came to life in 2008 as the financial system was imploding. Now that utopian vision is under fire, and everyone is asking: Will a new era of regulation kill or strengthen cryptocurrencies?

ABC News

‘Complex and volatile’: cryptocurrencies should be regulated by financial watchdogs, say consumer advocates

Treasury inquiry told ‘crypto is high-risk and unsophisticated investors are at high risk of losing significant funds’

The Guardian - AU

4 Ways To Make Tax Time A Breeze If Yr Not Into Rocking Back And Forth In The Fetal Position

Get on top of it for once.

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Celtics alumnus Paul Pierce reportedly being sued for involvement in cryptocurrency kerfuffle

There is increasing scrutiny on athletes lending their endorsements to NFTs and crypto after investments go wrong.

USA Today Sports Media Group

The 'SlumDoge Millionaire' made it big with crypto. His fortune is now vanishing but he's all in

Crypto has made some investors overnight millionaires but for others it's a fad propped up by celebrity endorsements. Four Corners investigated the hype.

ABC News

Crypto-Connected Chelsea Football Club Sale Imminent; Russian Billionaire's 20-Year Ownership To End

The much-hyped Chelsea Football Club’s sale to the Todd Boehly group may be completed as soon as by Monday. Clearlake Capital will back the deal.

Benzinga

Ethereum Whale Buys $1.5M Worth Of Shiba Inu In One Shot

Even though the price of Dogecoin (CRYPTO: DOGE) rival Shiba Inu (CRYPTO: SHIB) continues to fall, Ethereum (CRYPTO: ETH) whales seem to have a good

Benzinga

Billionaire Mike Novogratz Says Bitcoin Will Lead Next Rally: Here's Why

Galaxy Digital CEO Mike Novogratz has some advice for crypto investors. In a recent tweet, he said that Bitcoin (CRYPTO: BTC) will lead the next cryptocurrency rally.

Benzinga

Terra (LUNA) Community Approves Proposal To Burn 1.3B TerraUSD (UST)

Terra (CRYPTO: LUNA) tokenholders voted on proposal 1747 and decided to burn 1.388 billion TerraUSD (CRYPTO: UST) tokens after the stablecoin collapsed earlier this month.

Benzinga

How Dogecoin Looks Following Elon Musk-Fueled Mini-Rally

Dogecoin (CRYPTO: DOGE) spiked up more than 15% higher at exactly 11:27 a.m.

Benzinga

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Benzinga

The RazReport Podcast: The Future Of Crypto Trading with Jakub Rehor, Co-Founder and CIO of Lucy Labs

In this edition of the RazReport we have Jakub Rehor Co-Founder and CIO of Lucy Labs. Jason Raznick:Welcome to the RazReport Podcast Jakub, lets start with basics, where did you grow up?

Benzinga

90M DOGE Transferred In One Go As Dogecoin Trades Lower

Over 90 million Dogecoin (CRYPTO: DOGE) were moved from multiple addresses to an unknown wallet in a single transaction earlier on Friday.

Benzinga

Abra CEO Talks Consumer-Facing Crypto, Problems To Solve And UST Stablecoin

Benzinga, a media and data provider bridging the gap between retail and institutional investors, will be bringing back its annual Global Fintech Awards event to New York City on Dec. 8, 2022.

Benzinga

40,002 ETH Was Just Transferred Between 2 Wallets

What happened: $70,634,316 worth of Ethereum (CRYPTO: ETH) was just moved between 2 anonymous cryptocurrency wallets in a single transaction. This mysterious person's Ethereum wallet address has been identified as: 0x316c15213b097854a0c31565a0ec8705f6f9e72b

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news in one place.

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Benzinga

Bitcoin Whale Moves 2,473 BTC Off Coinbase

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $73,418,073 worth of Bitcoin off Coinbase. The BTC address associated with this transaction has been identified as: 1GuATydX88mysTjUXmcwPMFU2TkghrN7aa.

Benzinga

Someone Just Sent 3,035 Bitcoin Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $88,752,155 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: bc1qfese9lnrgh8zfuvftxfy6zgdxgnm5re6uyu3gf

Benzinga

Dogecoin Daily: Elon Musk Tweets About Meme Coin Again

Dogecoin (CRYPTO: DOGE) traded 0.4% lower at $0.078 over 24 hours leading up to Friday morning. DOGE fell lower with other major coins as the global cryptocurrency market cap declined 0.9% to $1.2 trillion.

Benzinga

Vitalik Buterin: Don't Paint All Stablecoins With The Same Brush After Terra (LUNA) Crash

Ethereum (CRYPTO: ETH) creator Vitalik Buterin doesn’t believe the entire category of pure-crypto stablecoins should be dismissed after the collapse of Terra’s (CRYPTO: LUNA) stablecoin Ter

Benzinga

Buterin Shares Tips on Evaluating 'Truly Stable' Algo Stablecoins

In the aftermath of the recent (CRYPTO: LUNA) debacle, which led to tens of billions of dollars of losses, (CRYPTO:Ethereum) co-founder Vitalik Buterin shared two thought experiments on evaluating if an algorithmic stablecoin is “truly a stable one.”

Benzinga

Dogecoin Creator Says Luna 2.0 Will Show The World 'How Truly Dumb' Crypto Gamblers Are

Dogecoin (CRYPTO: DOGE) creator Billy Markus shared disapproving remarks ahead of Terra’s (CRYPTO: LUNA) Luna 2.0 launch date.

Benzinga

Checking In On Our Bullrun Assumptions In Bitcoin Winter: Interviews With Brock Pierce And Other Blockchain Leaders

In the early summer of 2021, it was a popular idea that Bitcoin (CRYPTO: BTC) may be a safe-haven asset, hypothetically independent of traditional markets.

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