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The Latest Breaking News from Bitcoin

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

Dow Jones Rallies As Bitcoin Tops $22,000

The Dow Jones Industrial Average rose Monday, as the price of Bitcoin topped $22,000 for the first time since Aug. 19.

Investors Business Daily

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

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One year on, El Salvador's Bitcoin experiment has proven a spectacular failure

A year ago, El Salvador became the first country to make Bitcoin legal tender – alongside the US dollar, which the Central American country adopted in 2001 to replace its own currency, the colón.

The Conversation

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

Canada's Conservatives pick populist in bid to oust Trudeau's Liberals

Canada's Conservatives on Saturday picked Pierre Poilievre, a veteran parliamentarian who has promoted bitcoin as way to fight inflation, to spearhead the party's bid to oust the Liberals and Prime Minister Justin Trudeau.

Reuters

Unfazed By $917M Write-Off In Q2, MicroStrategy Plans To Add More Bitcoin Using Proceeds From Proposed $500M Stock Offering

MicroStrategy, Inc. (NASDAQ: MSTR) late Friday filed a Form 8-K with the SEC regarding an agreement with Cowen & Co. for the sale of up to $500 million worth of its Class A stock.

Benzinga

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Warren Buffett Now Owns Bitcoin: Here's How The Oracle Of Omaha Got Exposure

This article was originally published on May 14, 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

Crypto's Wild West Days May be Coming to an End

SEC Chair Gary Gensler makes an important call for the future of cryptocurrencies.

The Street

Crypto: Two Giants Do Business in the Face of Gloom

Young crypto billionaire Sam Bankman-Fried just announced a deal with Anthony Scaramucci, Donald Trump's former top lieutenant.

The Street

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

Why Zscaler Is Trading Higher By Around 19%, Here Are 44 Stocks Moving In Friday's Mid-Day Session

Gainers Digital Media Solutions, Inc. (NYSE: DMS) shares jumped 70% to $2.1750 after the company received a non-binding go-private proposal from Prism Data for $2.50 per share in cash.

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

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StockNews.com

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,…

The Street

SEC Delivers Tough Love to Crypto

The crypto industry has been looking for guidance. It might get more than it bargained for from the U.S. SEC.

The Conversation

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 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

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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.

The Street

Crypto Price Check: Bitcoin Slightly Higher as Market Share Shrinks

Cryptocurrency prices are slightly higher, but bitcoin's share of the overall market is at its lowest in as much as four years.

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.

The Street

Key Crypto Exchange Struggles as Values Plunge

StockNews.com

Tech Stocks Are Due For Another Sell-Off -- 3 To Avoid

Given a relatively tight labor market, another jumbo interest rate hike in September is very likely. The tech industry has been under pressure and might witness continued sell-off amid the rising interest rate environment. Therefore, fundamentally-weak tech stocks Snowflake (SNOW), Riot (RIOT), and American Virtual Cloud (AVCT) might be best…

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).

The Street

Billionaire Mark Cuban Is No Longer Excited About Crypto

The successful entrepreneur has invested and continues to invest in crypto projects. But he's unpleased about a particular development.

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