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The Latest Breaking News from Cryptocurrency

MPs' report ignores track record of crypto boosterism

The government's inquiry into cryptocurrencies is based on hype and wish fulfilment rather than the proven track record of crypto and web3, argues Dr Olivier Jutel

Newsroom.co.nz

Bitcoin has only 6 billionaires in the entire world, report reveals

"It could be worth holding onto the crypto you have in case it ramps up one day—but don’t bet on it."

Fortune

Are Cryptos On Brink Of Collapse? Expert Warns Of Sell-Off As Trades Flat

Cryptocurrencies — Bitcoin Ether — are trading flat with losses of about 0.6% and 0.1%, respectively.

Zenger

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Oprah, The Rock’s Relief Fund For Maui Wildfire Victims Accepts Bitcoin And Ether

The crypto community is rallying behind the Maui community, with a relief fund now accepting cryptocurrency donations

Zenger

Bitcoin soared after Grayscale’s historic court victory. Those gains have since vanished

On Friday, the top cryptocurrency fell below where it had been trading prior to the ruling.

Fortune

Bitcoin jumps 6% after appeals court sides with Grayscale over SEC’s denial of ETF application

The jump follows a recent decrease in the cryptocurrency's price amid an unusually placid summer.

Fortune

Treasury, IRS roll out long-delayed crypto tax reporting rules - Roll Call

The Biden administration on Friday issued proposed regulations to implement a key revenue-raiser from the 2021 infrastructure law.

Roll Call

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These 3 Buy-Rated Bitcoin Mining Companies Are Poise To Run!

Want to invest in crypto, but not directly in a coin? Here's 3 buy-rated companies with more than 100% upside potential.

Barchart

XRP has erased almost all of its gains following the landmark SEC v. Ripple ruling. What happened?

The cryptocurrency doubled in value and then almost halved in price in just one month.

Fortune

Pennsylvania Battle Over Climate-Warming Crypto Mines Intensifies

Legislation aims to rein in an unregulated industry with ballooning environmental effects.

Capital & Main

Facebook Faces Expulsion From Thailand For Failing To Crack Down On Scams

Minister of DES, stated his willingness to ask the courts to order Facebook to stop operating by the end of this month.

Zenger

UAE Wants To Be A Global Crypto Hub, Says SEBA Bank Senior Executive

The UAE has made significant steps to assist bitcoin and blockchain enterprises, particularly in Dubai and Abu Dhabi.

Zenger

Hong Kong bets on crypto as sector’s star dims over crackdowns overseas

The Chinese territory has issued its first licenses for retail crypto trading amid push to cash in on virtual assets.

Al Jazeera

Government Blocking of "Tornado Cash" Cryptocurrency-Related Service Was Legal, Didn't Violate First Amendment

So a federal court held Thursday.

Reason

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Fortune

The acronym crypto really needs is DPS: Drama Per Second

The latest drama at Shiba Inu shows why the crypto world needs a new metric.

Fortune

Crypto sell-off intensifies, with XRP, Litecoin, and Bitcoin Cash among the hardest hit

Bitcoin is also down, dropping almost 8% in the past 24 hours to nearly $26,000.

Investors Business Daily

Dow Jones Slides 150 Points As Stock Market Weakness Continues; Bitcoin Dives On Elon Musk Sales

The Dow Jones dropped 150 points Friday, Elon Musk-led SpaceX sold its Bitcoin holdings, sparking a sell-off in the cryptocurrency.

Zenger

Crypto Used To Launder Nearly Half Of Financial Scam Proceeds In Australia: Report

Cryptocurrency platforms in Australia are reportedly being used to launder nearly half of the proceeds from financial scams

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Investors Business Daily

Elon Musk's SpaceX News Sends Bitcoin Tumbling

The Bitcoin price tumbled Thursday night on news that SpaceX, owned by Elon Musk, has sold all its holdings in the cryptocurrency.

Investors Business Daily

Candidate/Defendant Donald Trump Sits On A Hefty Cryptocurrency War Chest

Donald Trump holds $2.8 million in ethereum, new financial disclosures show. The Trump NFT line generated millions for the former president.

The Independent UK

Stranger Things catfish convinces woman to divorce husband and send ‘actor’ thousands of dollars

Woman named McKayla claimed she sent gift cards and cryptocurrency worth thousands to someone posing as actor Dacre Montgomery

The Independent UK

Stranger Things catfish convinces woman to divorce husband and send 'actor' thousands of dollars

Woman named McKayla claimed she sent gift cards and cryptocurrency worth thousands to someone posing as actor Dacre Montgomery

Investors Business Daily

Crypto Futures About To Launch? Coinbase Gets CFTC Nod

Crypto exchange Coinbase received regulatory approval to offer cryptocurrency futures. COIN stock jumped early Wednesday.

The Independent UK

Testimony from Sam Bankman-Fried's trusted inner circle will be used to convict him, prosecutors say

Prosecutors say they'll use testimony from FTX founder Sam Bankman-Fried's “trusted inner circle” of former executives at his collapsed cryptocurrency empire against him at an October trial

Investors Business Daily

Cathie Wood Bitcoin ETF Hits SEC Roadblock; Former FTX CEO SBF Jailed

Cathie Wood, ARK Invest bitcoin ETF approval delayed by the SEC. Former FTX CEO Sam Bankman-Fried heads to jail for witness tampering.

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