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The Latest Breaking News from Crypto

Kraken crypto exchange under investigation for skirting U.S. sanctions

According to a report from the New York Times, Kraken has been under investigation since 2019 for allowing Iranian users to freely use its platform.

Input

Federal Courts Greenlight State Abortion Bans While State Courts Halt Enforcement

Plus: Video game play time doesn't affect well-being, crypto groups applaud the Virtual Currency Tax Fairness Act, and more...

Reason

Tether’s recovery of an $840mn loan scrutinised in Celsius bankruptcy

Case is a major test of how US insolvency rules will apply in the digital asset sector

Financial Times

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Bitcoin, Ethereum, Dogecoin Shrug Off Tech Earnings For Now: Analyst Asks 'Does FOMC Matter To BTC?'

Bitcoin and Ethereum traded in the green on Tuesday evening as the global cryptocurrency market cap fell 0.8% to $974.3 billion at press time.

Benzinga

Explainer: The lowdown on the Zipmex situation

Analysts have commented on the implications on investor confidence and markets following Thailand's major digital asset exchange platform Zipmex's announcement of a memorandum of understanding (MoU) with interested parties.

Bangkok Post

'My Family's Future Is Ruined': Dozens Of Voyager Digital Customers Send Letters To Bankruptcy Judge

Jacob spent six years building his cryptocurrency portfolio to 100 Ethereum (CRYPTO: ETH) — worth around $138,000.

Benzinga

Understanding How Stablecoins Have Fared In The Crypto Bear Phase

Cryptocurrencies have long been considered a hedge against inflation and a better alternative to fiat currencies that are susceptible to devaluation concerns. Most cryptocurrencies have significantly underperformed benchmark stock market indices due to liquidity pressures brought about by the tightening of monetary policy by leading central banks such as the U.S.…

Benzinga

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Women Are Showing Great Potential In Driving The Development Of Web 3

Victoria, Seychelles — Global cryptocurrency exchange KuCoin has released the Web 3 Career Market report exploring professional engagement in the decentralized internet sector. The report compassed 3,608 internet users aware of Web 3 across Twitter and LinkedIn.

Benzinga

How an anonymous crypto confession box is revealing investors’ tales of loss and despair

Anonymous confession sites have flourished in the digital age. A new site is prising open crypto’s black box, revealing the levels of despair among investors, its creator tells Bevan Hurley.

The Independent UK

Amid the hype, they bought crypto near its peak. Now, they cope with painful losses

Many first-time investors bought Bitcoin and other cryptocurrencies as they neared all-time highs, and crypto companies spent millions on marketing. Today, they are coping with painful losses.

WEKU

Adrian Peterson–Le’Veon Bell Boxing Match Postponed

The bout between former top backs was slated for July 30 at Crypto.com Arena in Los Angeles.

Sports Illustrated

Bitcoin, Ethereum, Dogecoin Plunge As Rate Hike, Recession Fears Pin Down Risk Assets: Here Are 2 Key Apex Crypto Time Frames

Major coins declined sharply Monday evening as the global cryptocurrency market cap fell 5.9% to $979.9 billion at press time.

Benzinga

Bitzero to buy old North Dakota missile site for data center

Gov. Doug Burgum says a crypto mining company is planning to redevelop a northeastern North Dakota anti-ballistic missile site abandoned in the 1970s into data center that may be used for the mining of bitcoin and other digital currencies

The Independent UK

Bitcoin Shows Indecision As Markets Await Apple, Amazon, Meta Platform Earnings

Bitcoin (CRYPTO: BTC) was sliding about 3% lower on Monday after rejecting the 200-day simple moving average on the weekly time frame for the sixth straight week in a row.

Benzinga

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Benzinga

A Look At Coinbase, Riot Stocks As Bitcoin And Ethereum Signal Indecision

Coinbase Global, Inc (NASDAQ: COIN) and Riot Blockchain, Inc (NASDAQ: RIOT) were trading down over 2% and 3%, respectively, on Monday in sympathy with Bitcoin (CRYPTO:

Benzinga

Crypto Crash 2022 - Is Cryptocurrency Still Worth the Fight In A High Net Divorce?

By Sean M Cleary The all-time highs of cryptocurrency in 2021 now seem like a distant memory, as the 2022 crypto crash has seen major digital assets give back the gains made during their historic bull run. So, what is causing the crypto crash?

The Philadelphia Inquirer

If you lost money in crypto, here's how you can get some back

If you lost money in cryptocurrency this year, there's a bit of good news. You can claim that loss on your taxes.

Benzinga

Chips And 'Buy the Dip'? This Top 10 Restaurant Chain Offering A Chance To Win Bitcoin, Dogecoin And More

A leading restaurant company is celebrating National Avocado Day with a new cryptocurrency themed promotion and game that will give away over $200,000 in prizes.

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Evening Standard

Crypto millionaires buy Lambos as supercar ownership hits record high

London’s swanky districts of Mayfair and Belgravia came top in the UK for supercar ownership with a combined 553 cars

The Conversation

Cryptocurrencies are gaining ground across Africa. That's both good news and bad

Cryptocurrencies have become popular in African and other developing countries. That’s according to a policy brief released recently by UNCTAD, a United Nations agency. Significant proportions of Kenya (8.5%), South Africa (7.1%) and Nigeria’s (6.3%) populations are using these digital currencies. In June, the Central African Republic adopted bitcoin as…

Chicago Tribune

Good beer, great value: 10 cheap beers you’ll actually enjoy drinking, including one that’s cheaper than gas

CHICAGO — Inflation won’t quit. The price of gas has reached the stratosphere. The stock market is taking a beating. And I won’t even start on crypto.

Bangkok Post

Authorities probe potential losses for users of crypto platform Zipmex

The Securities and Exchange Commission said on Monday it was working with law enforcement to look into potential losses among the public after the crypto exchange Zipmex temporarily suspended withdrawals last week.

Bangkok Post

Troubled crypto exchange Zipmex says it’s mulling possible offer

Zipmex, the stricken cryptocurrency exchange that operates in Thailand and other Southeast Asian markets, said on Sunday it was considering a possible offer after talks with interested parties and due diligence should commence.

Benzinga

Is Ethereum Heading Toward $2,300? Here's What The Chart Suggests

Ethereum (CRYPTO: ETH) shot up almost 5% during Friday’s 24-hour trading session before the move higher was thwarted by a bearish day in the general markets that saw the S&P 500 sliding 0.8%.

Benzinga

GRIT - Solana Is Gaining Ground

Happy Friday Everyone! 👋 There’s no telling when Crypto Winter will be over but the weather for crypto prices over the last week has been bright & sunny. We’re also seeing signs of continued investments in the space as compressed valuations attract money from unusual sources.

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