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The Latest Breaking News from Bitcoin

Bitcoin set for worst week since FTX crash

NEW YORK: Bitcoin is having its worst week since November as an equity selloff, fear over higher interest rates and an escalating United States regulatory crackdown on crypto combine to hurt investor sentiment.

Bangkok Post

4 Stocks to Avoid Until Crypto Recovers

With the ongoing crypto winter and the threat of regulation claiming new victims in the ecosystem while driving most to the edge of an abyss, it may be wise to give Block (SQ), Coinbase (COIN), Riot (RIOT), and Marathon (MARA) a wide berth until the existential issues get resolved. Continue…

StockNews.com

A Coinbase exec tried to tell a crowd of bankers that crypto is ‘the money of tomorrow’—and was immediately shot down by an ECB director onstage

Using the example of Bitcoin, he told audiences digital currency meets all of his benchmarks.

Fortune

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read the most diverse news in one place.

Crypto’s rebel spirit is getting tamed by lawyers and accountants

Bitcoin creator Satoshi Nakamoto would likely be aghast at the rise of the crypto compliance industry.

Fortune

Central banks going crypto. Is it a good idea?

Across the world, these sober institutions are exploring digital currencies — and clashing with crypto aficionados

Financial Times

Grayscale’s GBTC shares soar more than 10% after judges show skepticism of SEC’s denial of Bitcoin ETF

The pivotal court case could determine the financial future of Digital Currency Group.

Fortune

Why Grayscale has a 40% chance of winning its Bitcoin ETF battle with the SEC

Here's an overview of the odds as Grayscale and the SEC square off in court this week.

Fortune

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Bitcoin falls 5% overnight to $22,300—after touching $25,000 last month—as Silvergate troubles weigh on price

The cryptocurrency briefly broke $25,000 just last month.

Fortune

Bitcoin is for Republicans, Ethereum is for Democrats

The colorful pageantry on display at ETHDenver highlights a cultural contrast between crypto's two main tribes.

Fortune

Bitcoin sinks to two-week low as Silvergate fallout hurts crypto

NEW YORK: Bitcoin dropped to the lowest level in about two weeks, part of a wider retreat in crypto markets as investors digested the unraveling of a key industry payments network.

The Times of India

Block is now using some of the thousands of Bitcoins it holds for a new business

Block is now using Bitcoins from its balance sheet to earn money by providing routing services on the Lightning network.

Fortune

Hester Peirce, Nic Carter: The Government vs. Cryptocurrencies

Meet the SEC commissioner who hates regulation and the bitcoin booster who says the crypto industry needs to police itself better.

Reason

The court case that could determine the future of crypto

Grayscale has enlisted a formidable advocate against the SEC.

Fortune

Martin Lewis issues scam warning as he admits fraudsters make him 'feel sick'

The consumer guru has sent a stark warning to people after hearing about a This Morning viewer who lost money to fraudsters

Chronicle Live

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Daily Record

Martin Lewis issues scam warning after man loses £12,000 in 'devious' ploy

A caller on This Morning had been conned out of thousands of pounds in a cryptocurrency scam, which Martin said made him feel "sick".

Roll Call

Grayscale’s oral argument - Roll Call

Grayscale CEO Michael Sonnenshein and General Counsel Craig Salm discuss their proposed bitcoin ETF and lawsuit with the SEC.

Fortune

Bored Ape creator Yuga Labs to launch Bitcoin NFTs

The company said the Bitcoin NFT project, Twelvefold, will have no connection to the company's successful Ethereum-based NFTs.

Fortune

Solana token rebounds after multihour network outage

The source of the outage is still unknown.

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The Guardian - UK

Crypto is intended to be hard to regulate, but at least the Treasury wants to have a go

The government’s consultation document on cryptocurrency highlights the challenges that must be faced in the regulatory process

Fortune

The crypto kids are onto something–and they shouldn’t listen to billionaire bankers like Jamie Dimon

Crypto's most vocal critics also happen to be the biggest winners of the legacy financial system.

Fortune

Block sees higher profits despite lagging Bitcoin sales

Despite the payment provider’s negligible Bitcoin profit, cofounder and CEO Jack Dorsey remains a Bitcoin evangelist.

Fortune

Binance aggressively converted rivals' stablecoins in a massive cash grab. It didn't always tell its customers

Blockchain data suggests Binance may have been converting users' collateral without permission.

ABC News

Gold Coast woman, 70, convicted of laundering $400k via criminal syndicate's romance scam

In sentencing, Judge David Kent KC said Elizabeth Ruth Mak had been "manipulated", but was amazed that she continued to participate in the operation after receiving a warning from the police.

Reason

Nostr and the Decentralized Future of Social Media Is Here: Live with NVK, Will Casarin, Nick Gillespie, and Zach Weissmueller

Join Reason on YouTube and Facebook on Thursday at 1 p.m. Eastern for a discussion of the decentralized protocol Nostr with NVK, Damus app creator Will Casarin, Nick Gillespie, and Zach Weissmueller.

Evening Standard

What are non-fungible tokens (NFTs) and why is Matt Hancock launching his own?

Award-winning artist Trevor Jones is giving away a free coronation NFT to Evening Standard readers. Here’s all you need to know.

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