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The Latest Breaking News from Cryptocurrency

Crypto crash: market volatility is testing investor will but crypto-enthusiasts still see a future for the asset class

Bitcoin, the original cryptocurrency, remains a bellweather for the sector. It hit an all-time high of more than US$68,000 (£55,600) in November 2021, when the overall value of the cryptocurrency market was close to US$3 trillion. In the months since, however, most major cryptocurrencies have fallen by more 70% and…

The Conversation

Tether to launch stablecoin tied to pound as UK aims to become crypto hub

Launch of digital asset to track value of £1 comes despite contraction of cryptocurrency sector

The Guardian - UK

Crypto.com Receives Singapore Token Permits Approval Along With Two Other Firms

Singapore will be issuing in-principle approvals for Crypto.com, Genesis, and Sparrow Tech to provide digital payment token services in the city-state, even as it maintains a strict cryptocurrency licensing regime, Bloomberg reported.

Benzinga

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Ethereum Down 6%, Support At $1,000 Can Fall

Ethereum (CRYPTO: ETH), the second largest cryptocurrency by market cap, is down 7% in the past 24 hours after recovering as much as 30% in recent weeks.

Benzinga

TechScape: What the crypto big freeze means for your money

In this week’s newsletter: Crypto giant Celsius is freezing out users as it tries to solve a mammoth lending crisis. So what happens if money in the bank isn’t really there?

The Guardian - UK

South Korea hits dozens with travel bans amid crypto probe

South Korean prosecutors have not identified the people under the month-long travel ban

The Independent UK

Shiba Inu (SHIB) Surges 17%: Musk's Dogecoin Spillover, Lead Developer Buzz And More Factors

Shiba Inu (SHIB) shot up 17.3% over 24 hours to $0.0000096 at press time in the early hours of Wednesday morning. It gained alongside well-known meme coins including bellwether Dogecoin (CRYPTO: DOGE), which was up 6.1%. The global cryptocurrency market cap declined 0.9%.

Benzinga

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Bitcoin, Ethereum Mixed, Dogecoin Soars: Can An Apex Coin Short Squeeze Revive Battered Crypto Markets?

Bitcoin, Ethereum and other major coins traded mixed at press time on Tuesday evening as the global cryptocurrency market cap rose 0.8% to $912.5 billion over 24 hours.

Benzinga

If You Invested $1,000 In Bitcoin When Michael Saylor Said To Mortgage Your House, Here's How Much You're Down

One of the biggest Bitcoin (CRYPTO: BTC) bulls is Michael Saylor, the CEO of MicroStrategy Incorporated (NASDAQ: MSTR).

Benzinga

Crypto Bytes: Tuesday's Top Stories And Price Action

The worldwide cryptocurrency market capitalization is at $927 billion, up from $921 billion on Tuesday morning. The top gainer in the current trading session is Celsius (CRYPTO: CEL), trading more than 15% higher to $0.96.

Benzinga

It’s Time for Regulators to Put Crypto Down

A lack of rules has created fraudulent, bubble-driven markets.

Foreign Policy

Crypto PAC money boosting Jonathan Jackson’s bid for Congress now totals more than $1 million

New FEC filings reveals Jackson is being boosted with $1,041,899 in outside money for ads and direct mail in the closing days of the 1st Congressional District campaign.

Chicago Sun-Times

Crypto Analyst Still Bullish On Bitcoin Miners, Names 4 Top Stock Picks

Plummeting cryptocurrency prices have made life difficult for Bitcoin (CRYPTO: BTC) miners in 2022, but Canaccord Genuity analyst Joseph Vafi said Monday that he maintains his bullish long-term outlook for crypto miners Argo Blockchain ADR (NASDAQ:

Benzinga

Crypto Firms Scale Down Spending On Sports Marketing, Amidst Recent Market Crash

Following the recent crypto market crash, major cryptocurrency companies have started preserving funds by reducing marketing costs.

Benzinga

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Benzinga

Someone Just Sent $56M In Ethereum To An Anonymous Wallet

What happened: $56,964,234 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: 0x1b3cb81e51011b549d78bf720b0d924ac763a7c2

Benzinga

Someone Just Sent 3,325 Bitcoin Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $61,683,940 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: 3BhBfhUHBkmDBjpVpcBZ4g3AkJyczz2yqa

Benzinga

Exclusive: French Montana Unveils Plans To Impact Music & Crypto With Web3, NFTs, and Metaverse

Speaking exclusively to Head of PR at ChangeNOW Mike Ermolaev, 17-time Billboard Global Top 10 rapper French Montana has made a big announcement on entering the cryptocurrency space – a move that will revolutionize the music, the Web 3, and

Benzinga

Coffee And Crypto: What's The Price Of Bitcoin Tuesday?

The worldwide cryptocurrency market capitalization Tuesday is at $921 billion, up from $892 billion on Friday afternoon. Following an announcement that it would cut staff by 20%, BlockFi said this morning that it signed a term agreement with crypto lender and platform FTX to secure a $250-million revolving credit facility.

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Tribune News Service

Crypto-linked super PACs boost spending on primary races

WASHINGTON — Super PACs with ties to the cryptocurrency industry have spent at least $31.2 million in primary races ahead of this year’s midterms, with most of the money coming from a handful of executives at just one company.

The Conversation

Scams and cryptocurrency can go hand in hand – here's how they work and what to watch out for

When one of our students told us they were going to drop out of college in August 2021, it wasn’t the first time we’d heard of someone ending their studies prematurely.

Roll Call

Crypto-linked super PACs boost spending on primary races - Roll Call

Super PACs connected to the crypto industry are flexing their muscles in this year's primary campaigns as lawmakers consider regulations.

WEKU

Cryptocurrency tech is vulnerable to tampering, a DARPA analysis finds

A new analysis commissioned by DARPA quantifies how the decentralized tech that runs the currency system could be compromised.

Tribune News Service

Bitcoin and crypto prices are extremely volatile ⁠— What to do when they’re crashing

If there’s one word that describes Bitcoin and cryptocurrency, it’s volatile. Crypto prices soar and then seem to crash almost as quickly, while rumors, sentiment and fundamental developments are quickly factored into the market. In just a four-day period in early June, Bitcoin fell from $30,500 to about $23,500 —…

ABC News

ASX rebounds as Reserve Bank admits it suffered 'reputational damage', bitcoin recovers above $US21,000

The Australian share market rebounds, after plummeting for seven straight days into correction territory, while cryptocurrency investors remains on edge after its recent meltdown.

Evening Standard

After the crash, what’s next for the crypto kids?

Gen Z and younger millennials are the generation feeling the brunt of the cryptocurrency crash, says decentralised finance expert George Eggins. But all is not lost.

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