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The Latest Breaking News from Cryptocurrency

Cryptocurrency values gashed in massive sell-off

Cryptocurrencies and global stocks fell sharply on Monday as investors expect the Federal Reserve to implement sharper rate hikes at its June meeting after US inflation hit 8.6% in May.

Bangkok Post

Here's How Much $100 Invested In Ethereum Today Will Be Worth If It Hits All-Time Highs Again

Cryptocurrencies are crashing in value with fear of higher inflation and holders liquidating positions. Here’s a look at how much a small investment in a leading cryptocurrency could be worth if all-time highs are hit once again.

Benzinga

If You Bought A Bored Ape Yacht Club Six Weeks Ago, Here's How Much You've Lost

The non-fungible token market has seen its share of ups and downs over the last year and a half, with Bored Ape Yacht Club one of the brightest spots. As the cryptocurrency market tumbles and floor prices of NFT collections drop, here’s a look at how bad things have gotten…

Benzinga

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BlockFi Lays Off 20% Of Workforce: 'Macroeconomic Environment Has Shifted Dramatically'

Zac Prince, CEO of cryptocurrency exchange and lender BlockFi, took to Twitter Inc (NYSE: TWTR) on Monday to announce the company intends to lay off 20% of its staff.

Benzinga

How Fed rate hikes could impact stocks, crypto and other investments

The Federal Reserve is set to raise interest rates at its June 14-15 meeting after hiking rates in March and May. The nation’s central bank is expected to lift the benchmark Fed funds rate by 50 basis points — one-half of a percentage point — according to the CME FedWatch…

Tribune News Service

Bitcoin Plunges as Major Crypto Lender Halts Operations

Bitcoin and other cryptocurrencies were collapsing in price Monday, after a major crypto lender halted all withdrawals citing "extreme market conditions." It is the second collapse of a part of the cryptocurrency world in the last two months. The stablecoin Terra imploded in early May, erasing tens of billions of…

Asharq Al-Awsat

This Wallet Just Transferred $107M Worth Of BTC Onto Gemini

What happened: An anonymous cryptocurrency wallet holding $107,721,786 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Gemini. The bitcoin wallet address tied to this transfer has been identified as: 3Kzh9qAqVWQhEsfQz7zEQL1EuSx5tyNLNS

Benzinga

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Someone Just Sent $140M In Bitcoin Onto Gemini

What happened: An anonymous cryptocurrency wallet holding $140,544,415 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Gemini. The bitcoin wallet address tied to this transfer has been identified as: 38UmuUqPCrFmQo4khkomQwZ4VbY2nZMJ67

Benzinga

Anonymous Crypto Wallet Moves $159M Worth Of Bitcoin Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $159,976,692 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: 16YzWVxsVYrT8Jtr9xxic3YxfMAkPaBvaC

Benzinga

Binance Pauses Bitcoin Withdrawals As Cryptocurrency Prices Continue To Plunge: What You Need To Know

CEO Changpeng Zhao announced earlier Monday that Binance (CRYPTO: BNB) has temporarily paused withdrawals of Bitcoin (CRYPTO: BTC) as a result of severe market instability and a stuck on-chain tr

Benzinga

Total value of cryptocurrencies falls below $1 trillion as crash gathers pace

Bitcoin down 17.7 per cent in a day while Ethereum is down more than 20 per cent

Evening Standard

Goldman Sachs-Backed Digital Asset Platform Announces Data Integrations To Ethereum Via Chainlink

On Monday, June 13, Elwood Technologies, an institutional digital asset platform, announced its integration, via Chainlink (CRYPTO: LINK), to deliver cryptocurrency market data to blockchains.

Benzinga

Bitcoin withdrawals temporarily suspended in volatile day for crypto market

Value of assets dips below $1tn after Celsius Network halts withdrawals over ‘extreme’ conditions

The Guardian - UK

Bitcoin drops to lowest level since December 2020

Almost $80 billion has been wiped off the value of the global cryptocurrency market in the past 24 hours

Evening Standard

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Daily Record

Crypto currency fraud victim vows to fly 3000 miles to see Scot stand trial over £7m scam

Robert Barr from Ayrshire is charged with scamming digital cash from millionaire US financier Reggie Middleton five years ago.

Benzinga

Farfetch, Luxury Online Merchant, To Start Accepting ETH, BTC, BNB, Other Cryptocurrencies

Farfetch (NYSE: FTCH) announced a partnership Friday with the Lunu platform stating that they are to start accepting payments in seven different cryptocurrencies, including Bitcoin (CRYPTO: BTC), Ethereum

Benzinga

Bitcoin Whale Just Transferred $41M Worth of BTC Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $41,956,215 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: 1Hy1eW6iPidppfbU6Zus1jEHWknfTXXhEL

Benzinga

Morning Brief: Top Financial Stories Dominating on Friday, June 10

Reuters Rebranded McDonald’s Restaurants To Reopen In Russia

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Benzinga

Cryptocurrency Companies Reduce Hiring In Response To Market Downturn

Coinbase Global Inc (NASDAQ: COIN) revoked employment offers to people who accepted them and announced a slowing of its hiring pace in recent weeks.

Benzinga

Fidelity CEO Says Bear Market Is The Time To Go 'Extra Hard' Into Crypto

Fidelity Investments CEO and Chairman Abigail Johnson is unfazed by the downturn in the cryptocurrency market, reported CoinDesk on Thursday.

Benzinga

Bitcoin, Ethereum, Dogecoin Fall: Volatile Market Frays Investor Nerves Ahead Of Inflation Data

Bitcoin and Ethereum traded in the red on Thursday evening, as the global cryptocurrency market cap remained nearly flat at $1.2 trillion at press time.

Benzinga

Crypto-Wills: How To Leave Cryptocurrency In Your Will

The Basics of Cryptocurrency and How to Leave it in Your Will the Right Way Author: Patrick Hicks, Head of Legal with Trust & Will

Benzinga

How You Can Accept Crypto Payments As A Small Business

By Martin Desmond According to Crypto.com, global cryptocurrency usage numbers doubled within four months in the first half of 2021. As more consumers begin adopting crypto, small businesses will have no option but to rise and meet the occasion.

Benzinga

Will 75% Of Retail Merchants Accept Crypto Payments In 2 Years? This Is What Deloitte Thinks

In a report released yesterday, Deloitte stated over three-quarters of retail merchants will accept payments in cryptocurrencies and stablecoins in the next two years.

Benzinga

FTX CEO Sam Bankman-Fried On What's Behind The Slide In Crypto, Tech

Cryptocurrency markets have been trending lower alongside traditional markets for most of the year as rising inflation continues to spark investor fear.

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