Why Bitcoin, Ethereum, and Shiba Inu Are Falling Today

Crypto Currency News

Crypto Currency News

@crypto

Today's News

It's been a busy day in the world of cryptocurrency and finance, with several big stories making headlines. Let's take a look at some of the day's top stories.

Outline

  • Ethereum is going through a big change that could make it more environmentally friendly
  • Crypto Weekly looks at the latest happenings in the world of cryptocurrency, including the ongoing race between bitcoin and ether
  • Cryptoverse discusses the recent surge in ether prices and examines the possibility of it overtaking bitcoin
  • NFT sales are on the rise, but it's not clear what exactly is being sold
  • With the Ethereum merge just around the corner, experts are weigh in on what it is and why it's important
  • Robert Kiyosaki, author of 'Rich Dad Poor Dad,' says a major market crash is coming
  • Anthony Scaramucci says bear markets are 'suck,' and Skybridge only took Sam-Bankman Fried's deal because of its 'mediocre' performance
  • Plynk review: a platform that allows users to invest with unused gift cards and access jargon-free educational content
  • Billionaire FTX chief Sam Bankman-Fried says hawkish Fed policy and the dollar's historic climb is weighing on crypto
  • Planning Go 1.20 Cryptography Work
  • As typical crypto lending rates fall below US Treasury yields, DeFiLlama data shows DeFi platforms' total value locked is $60B, down from $182B in Dec. 2021 (Eva Szalay/Bloomberg)
  • Nikhil Wahi, the brother of Coinbase PM Ishan Wahi, pleaded guilty to a wire fraud charge in an ongoing insider trading case, the first of its kind in crypto (Luc Cohen/Reuters)
  • Grimes Goes Creationist, Stealing Elon Musk’s Troll Thunder
  • SI:AM | Broncos Country Missed Its Ride
  • The Biggest Thing in Crypto Is About to Happen
  • Sticky Inflation Means Downturn Risk for Stocks Just Got Higher
  • Transcript: Zoltan Pozsar and Perry Mehrling Debate the Dollar
  • Why Crypto Stocks Plunged Today
  • Why Block, Nu Holdings, and Lemonade Shares Plunged Today
  • 2 Cryptos That Are Still Soaring Right Now
  • 2 Robinhood Stocks That Millionaire Investors Are Buying
  • Is Now the Time to Buy ApeCoin?
  • Why Bitcoin, Ethereum, and Shiba Inu Are Falling Today
  • MicroStrategy Is Buying More Bitcoin, With Shareholders Footing the Bill
  • Will Polygon Reach the $2 Mark Again?
  • What Could Happen to Polygon After the Ethereum Merge This September?
  • The Rundown: Twitter’s whistleblower highlights concerns with Chinese ad revenue, security concerns in Senate hearing
Ethereum Merge: How one big cryptocurrency is going green

Ethereum Merge: How one big cryptocurrency is going green

Ethereum, which currently uses as much energy as a medium-sized country, is to halt cryptomining.

Crypto Weekly: something in the Ether

Crypto Weekly: something in the Ether

From why ether is gaining ground on bitcoin, to an unhappy crypto anniversary in El Salvador, we round up the week's big stories in the world of alternative currencies. Olivia Zollino reports.

Cryptoverse: Ether snaps at bitcoin's heels in race for crypto crown

Cryptoverse: Ether snaps at bitcoin's heels in race for crypto crown

For years, ether could barely dream of challenging its big brother bitcoin. Now, its ambitions may be becoming more realistic.

NFT sales are hot! But what exactly is for sale?

NFT sales are hot! But what exactly is for sale?

NFTs, or non-fungible tokens, represent ownership interests in digital assets. Each NFT is unique, as distinct from fungible assets such as U.S. currency, Bitcoin or Ethereum, and created on a blockchain (by "minting").

Countdown to Ethereum Merge: What It Is and Why It's Important

Countdown to Ethereum Merge: What It Is and Why It's Important

Described as among the most important days in crypto, the ethereum blockchain this week adopts proof of stake -- lowering its carbon footprint by 99%.

'Rich Dad Poor Dad' author Robert Kiyosaki says a historic market crash is looming

'Rich Dad Poor Dad' author Robert Kiyosaki says a historic market crash is looming

The personal-finance guru, who dismissed bitcoin as worthless in May, said it was vital for investors to get into crypto before the crash.

Anthony Scaramucci says bear markets 'suck,' and Skybridge only took Sam-Bankman Fried's deal because of its 'mediocre' performance

Anthony Scaramucci says bear markets 'suck,' and Skybridge only took Sam-Bankman Fried's deal because of its 'mediocre' performance

Sam Bankman-Fried's acquisition of SkyBridge Capital means "people don't think you're going out of business," Scaramucci said.

Anthony Scaramucci says bear markets 'suck,' and Skybridge only took Sam-Bankman Fried's deal because of its 'mediocre' performance

Anthony Scaramucci says bear markets 'suck,' and Skybridge only took Sam-Bankman Fried's deal because of its 'mediocre' performance

Sam Bankman-Fried's acquisition of SkyBridge Capital means "people don't think you're going out of business," Scaramucci said.

Plynk investing review: Invest with unused gift cards and access jargon-free educational content

Plynk investing review: Invest with unused gift cards and access jargon-free educational content

Plynk offers DIY trading for new investors, while providing educational resources and letting you invest unused gift cards in stocks, ETFs, and more.

Billionaire FTX chief Sam Bankman-Fried says hawkish Fed policy and the dollar's historic climb is weighing on crypto

Billionaire FTX chief Sam Bankman-Fried says hawkish Fed policy and the dollar's historic climb is weighing on crypto

At the SALT Conference in New York, the billionaire FTX chief discussed the strengthening dollar and crypto's bumpy year.

Planning Go 1.20 Cryptography Work

Planning Go 1.20 Cryptography Work

My plans for Go 1.20 include landing the crypto/ecdh package, making progress on moving math/big out of the security perimeter, and a batch of crypto/tls work.

As typical crypto lending rates fall below US Treasury yields, DeFiLlama data shows DeFi platforms' total value locked is $60B, down from $182B in Dec. 2021 (Eva Szalay/Bloomberg)

As typical crypto lending rates fall below US Treasury yields, DeFiLlama data shows DeFi platforms' total value locked is $60B, down from $182B in Dec. 2021 (Eva Szalay/Bloomberg)

Eva Szalay / Bloomberg: As typical crypto lending rates fall below US Treasury yields, DeFiLlama data shows DeFi platforms' total value locked is $60B, down from $182B in Dec. 2021  —  Cryptocurrencies are facing a new threat: the lure of Treasuries offering …

Nikhil Wahi, the brother of Coinbase PM Ishan Wahi, pleaded guilty to a wire fraud charge in an ongoing insider trading case, the first of its kind in crypto (Luc Cohen/Reuters)

Nikhil Wahi, the brother of Coinbase PM Ishan Wahi, pleaded guilty to a wire fraud charge in an ongoing insider trading case, the first of its kind in crypto (Luc Cohen/Reuters)

Luc Cohen / Reuters: Nikhil Wahi, the brother of Coinbase PM Ishan Wahi, pleaded guilty to a wire fraud charge in an ongoing insider trading case, the first of its kind in crypto  —  The brother of a former Coinbase Global Inc (COIN.O) product manager pleaded…

Grimes Goes Creationist, Stealing Elon Musk’s Troll Thunder

Grimes Goes Creationist, Stealing Elon Musk’s Troll Thunder

The Canadian pop star tweeted that Earth is only 4,000 years old and immediately got the attention she ordered

SI:AM | Broncos Country Missed Its Ride

SI:AM | Broncos Country Missed Its Ride

And, Tom Verducci goes inside Aaron Judge’s race for 61 homers in today’s SI:AM newsletter.

The Biggest Thing in Crypto Is About to Happen

The Biggest Thing in Crypto Is About to Happen

Welcome to Bloomberg Crypto, our twice-weekly look at Bitcoin, blockchain and more. In today’s edition, Emily Nicolle offers a primer on this week’s big happening, the Ethereum “Merge”:

Sticky Inflation Means Downturn Risk for Stocks Just Got Higher

Sticky Inflation Means Downturn Risk for Stocks Just Got Higher

A recession likely lies ahead and with inflation still stubbornly high, it may be deeper than previously thought. While it isn’t a death knell for stocks yet, rate hikes at a galloping three-quarter percentage point pace are unprecedented in their ferocity. E…

Transcript: Zoltan Pozsar and Perry Mehrling Debate the Dollar

Transcript: Zoltan Pozsar and Perry Mehrling Debate the Dollar

Is it different this time for the greenback?

Why Crypto Stocks Plunged Today

Why Crypto Stocks Plunged Today

Inflation data has the market reeling.

Why Block, Nu Holdings, and Lemonade Shares Plunged Today

Why Block, Nu Holdings, and Lemonade Shares Plunged Today

The worse-than-expected inflation report is a killer for fintech and crypto-related stocks.

2 Cryptos That Are Still Soaring Right Now

2 Cryptos That Are Still Soaring Right Now

Despite weakness in the broader crypto market, both Chiliz and Cosmos have been turning in strong recent performances.

2 Robinhood Stocks That Millionaire Investors Are Buying

2 Robinhood Stocks That Millionaire Investors Are Buying

Millionaires piled into these two Robinhood stocks -- should you?

Is Now the Time to Buy ApeCoin?

Is Now the Time to Buy ApeCoin?

With NFT prices falling, now could be the time to make a contrarian investment in ApeCoin.

Why Bitcoin, Ethereum, and Shiba Inu Are Falling Today

Why Bitcoin, Ethereum, and Shiba Inu Are Falling Today

New inflation data disappointed investors today.

MicroStrategy Is Buying More Bitcoin, With Shareholders Footing the Bill

MicroStrategy Is Buying More Bitcoin, With Shareholders Footing the Bill

The enterprise analytics company is grabbing another bucket of Bitcoins. The company is selling new shares to finance the buying spree this time.

Will Polygon Reach the $2 Mark Again?

Will Polygon Reach the $2 Mark Again?

There are few other cryptocurrencies having as good a year as Polygon.

What Could Happen to Polygon After the Ethereum Merge This September?

What Could Happen to Polygon After the Ethereum Merge This September?

Now that The Merge is near, Polygon's future is only beginning.

The Rundown: Twitter’s whistleblower highlights concerns with Chinese ad revenue, security concerns in Senate hearing

The Rundown: Twitter’s whistleblower highlights concerns with Chinese ad revenue, security concerns in Senate hearing

Twitter's former head of security Peiter Zatko says the company has put profits ahead of user safety while failing to address key concerns.