Key Takeaways Today, the U.S. annual inflation rate came at 8.3%, slightly above economists’ expectations but 20 basis points lower than the March numbers. The prevailing sentiment among economi...
Category: Crypto
Live Crypto News Updates.
Environmentalists urge US government to regulate crypto miners
Environmental organizations based in the United States are asking government agencies to take a new approach to regulate cryptocurrency miners. Proof-of-work mining operations have been deemed highly ...
SEC Chair Warned of Crypto Exchanges Working Against Their Clients’ Best Interests
Gary Gensler – Chairman of the US Securities and Exchange Commission – argued there are cryptocurrency exchanges that bypass rules and bet against their own clients. He reminded that most digital asse...
Binance continues efforts to build a safe and secure crypto ecosystem
The crypto ecosystem surpassed 3 trillion dollars in terms of market capitalization and blockchain-based applications such as DeFi, garnering interest from retail and institutional investors. This was...
Stablecoin Implosion — LUNA and UST Lose Significant Value, Downturn Ripples Across the Crypto Economy – Bitcoin News
During the last few days, the crypto economy has been tumultuous as billions have fled the market in search of safety. The issues with LUNA sparked a significant sell-off as Terra’s native digital ass...
Crypto Market Decline Underlines Its Unpredictability; Bitcoin Holds at $31K
In emailed comments, Jaime Baeza, CEO of Miami-based crypto hedge fund ANB Investments, noted the pressure of macroeconomic events, including inflation and a tightening of central bank monetary policy...
Terra (LUNA) Loses Nearly $39B Market Cap In 5 Weeks, Crypto Users Lament
– Advertisement – As LUNA continues its free fall, cryptocurrency users have expressed concerns about the massive dip’s ripple effect on the entire market. In what may seem like a rug pul...
Coinbase trading volumes are falling as a ‘Crypto Winter’ comes in
Coinbase has endured a grueling quarter as crypto prices and trading volumes have fallen. This has only strengthened the negative narrative on a stock that has already fallen by 71% for the year. Coin...
FSB financial watchdog, proposes to write a crypto rulebook
The current cryptocurrency market is in free fall, and financial regulators haven’t ignored it. With the crypto sector as the tip, a significant margin has taken down global markets. Fears about Ameri...
MicroStrategy CEO Michael Saylor Assuages Investors amid Global Stock & Crypto Markets Slump
Michael Saylor remains confident that MicroStrategy’s debt profile is in a good place despite external circumstances, and has attempted to allay investors. MicroStrategy’s Michael Saylor moved to calm...
UST stablecoin regains some ground as crypto sentiment improves
The price of Terra’s algorithmic stablecoin, TerraUSD (UST), regained some of its losses against the US dollar on Tuesday, having dropped as low as $0.61 amid weakening sentiment in the broader crypto...
Lloyd’s-Licensed Broker Launches Crypto Insurance Product
“As well as protecting the actual physical digital assets, there’s a whole other world of risk that also needs to be covered,” said Superscript digital assets lead Ben Davis in an interview. “So, if a...
SHIB Holding Its Ground In A Free Falling Crypto Market As Shiba Inu Takes 14th Spot Beating Terra UST and Tron
– Advertisement – Shiba Inu (SHIB) is now the 14th biggest cryptocurrency globally in terms of market cap. The most popular dog-themed cryptocurrency climbs to the 14th spot as Terra (LU...
In-profit Bitcoin addresses plummet to 2-year low as crypto market bleeds
With the cryptocurrency market continuing to decline in a bearish trend as most prominent digital currencies record plummeting prices, holders of its largest asset by market capitalization – Bitcoin (...
Crypto Held on Coinbase Could be Subject to Bankruptcy Proceedings
Some small print in a financial report from Coinbase has raised eyebrows over a potential bankruptcy scenario and the implications for retail customers’ crypto assets stored on the platform. In its 10...
Bitcoin Struggles at $30K as Crypto Market Cap Plummets to 10-Month Lows (Market Watch)
The past 24 hours brought more pain to the cryptocurrency market, with bitcoin barely managing to remain above $30,000. Most altcoins are in much worse shape, but none has lost more value than Terra i...
How to Buy CRO Coin
CRO is a native token that powers the full suite of services created and offered by crypto.com. CRO coin also powers the Cronos chain which allows the user to use cryptocurrency to pay more online mer...
Putin Obliges Election Candidates to Report Crypto Holdings Outside Russia – Regulation Bitcoin News
President Vladimir Putin has approved amendments to his own decree requiring Russian citizens running for office to declare their property abroad. The updated regulation lists cryptocurrencies among t...
Survey Shows 3,000 BTC ATMs Installed in 2022, Averaging 22 For Each Day – crypto.news
Data drawn from Coin ATM Radar Map shows the total Bitcoin ATMs on January 1 settled at 34,340. However, there are currently about 3,000 more since then, as new record stands at 37,338 Bitcoin ATMs at...
Coinbase bankruptcy wording triggers warnings to move crypto off exchanges
On May 10, crypto exchange Coinbase released its Q1 2022 earnings report doing little to calm choppy market conditions. It showed net revenue down 53% from the previous quarter, to $1.165 billion, and...
Ethereum NFT Prices Bounce Back After Crypto Crash—But Azuki Keeps Tanking
In brief Many top Ethereum NFT projects, including the Bored Ape Yacht Club and Moonbirds, have seen rising floor prices over the past 24 hours. Azuki is a prominent exception, with its entry-level pr...
Crypto Analyst Says Ethereum Showing Strength, Updates Forecasts for Top ETH Rivals
A popular crypto analyst is digging into the charts as the markets try to recover from a rocky start to the week. The pseudonymous analyst known as Altcoin Sherpa tells his 175,400 followers that lead...
SEC chief accuses crypto exchanges of trading against clients
Despite the fact that the cryptocurrency market is growing at an ever-increasing rate, with new cryptos and exchanges being added every day, authorities in certain countries are stepping up their effo...
Coinbase Misses First Quarter Revenue, $COIN Shares Plummet
Cryptocurrency exchange Coinbase reported a 35% drop in revenue in the first quarter as volatile market conditions and lower crypto asset prices directly impacted its results. Its total revenue in the...
Crypto trading platforms are hurting clients
Gensler, SEC chairman is increasing his criticism of digital-asset exchanges. He argues that some platforms are flouting rules and may even be wagering against their clients. Gensler has underlined th...
UK government targets crypto in latest legislative agenda
The United Kingdom has introduced two bills, both concerning the seizure of and support for cryptocurrencies as part of Prince Charles’ remarks at the State Opening of Parliament. In a Tuesday p...
AMC Theatres CEO says a third of online payments are made using crypto
AMC (NYSE: AMC) revealed it had begun accepting cryptocurrency payments a few months back, and the concept is already quickly gaining among cinema-goers. With the adoption of crypto, AMC Theatres enha...
Shiba Inu Is Rebounding Faster Than Dogecoin After Crypto Crash
In brief Shiba Inu is up about 6% over the past 24 hours following Monday’s wider crypto market declines. Rival meme crypto Dogecoin hasn’t seen as much of a bounceback, up less than 1% as of this wri...
Crypto Exchanges Offer ‘Paper Bitcoin’ Claims Market Analyst
A market analyst has claimed that bitcoins held on exchanges are nothing more than “paper bitcoin” that depresses the price of BTC. Rufas Kamau of Scope Markets Kenya made the statement in a Twitter t...
MSTR and Tesla Near BTC loss! How are Institutions Dealing With Crypto Crash?
Every investor is concerned about the crashing cryptocurrency market. The largest Bitcoin (BTC) holding institutions have experienced the same thing. In the midst of the crash, public companies like M...
Crypto Assets Mark Cap Sinks by $800bn within a Month
The market cap of crypto assets lost $800 billion within a month, Bitcoin continues to suffer from the bearish sentiment, battling at the key technical levels – $30,000. The cryptocurrency marke...
Major Institutions Lost $12 Billion After the Fed’s Rate Increase – crypto.news
The major institutional investors in BTC have lost more than $12 billion in the valuation of their assets, following the crypto market’s collapse after the Federal Reserve’s interest rate increase on ...