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The Latest Breaking News from Bitcoin

The Crypto Winter will last through 2023 and maybe 2024, predicts PayPal and Meta alum David Marcus

“We won’t exit this 'crypto winter’ in 2023, and probably not in 2024 either,” Marcus wrote in a year-end blog post.

Fortune

'Bitcoin at $200,000' projections flop as coin ends year down 60%

A year ago, crypto analysts, riding high from the successes of 2021, had big hopes for Bitcoin, with some of them seeing the token hitting $100,000 or more in 2022.

The Times of India

Pain, few gains for investors as markets slumped in 2022

Investors found few, if any, places to safely put their money in 2022, as central banks in the U.S. and around the globe raised interest rates for the first time in years to fight surging inflation, stoking fear of a global recession

The Independent UK

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Libertarian Radio Host Ian Freeman Convicted for Helping People Buy Bitcoin

Freeman, an early adopter of the virtual currency, gets slammed by a state that can't tolerate any use of money without its permission and knowledge.

Reason

Lose money on crypto in 2022? Tap this tax loophole while you still can.

It's still possible for big companies—but also individual crypto owners—to take advantage of special tax treatment for Bitcoin and other digital assets.

Fortune

The year in bankruptcy isn't just an FTX story. What's next could be even bigger.

The number of bankruptcies actually declined in 2022, but the amount of debt swimming through court is higher. And yes, FTX (likely) leads the pack.

Fortune

2022 was the year crypto came crashing down to Earth

For the world of crypto, 2022 started with exuberance and ended with its unofficial spokesman in handcuffs.

WEKU

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London crypto firm Argo sells Bitcoin mine to Galaxy Digital to shore up finances

London-based crypto firm Argo has agreed to sell its Bitcoin mining facilities to New York-based Galaxy Digital as part of a $100 million deal to shore up its shaky finances.

Evening Standard

Stocks and Bitcoin may be down, but gold prices just hit a six-month high above $1,800

2023 could provide "Goldilocks conditions" for gold after the inflation hedge outperformed risky assets this year, analysts say.

Fortune

Crypto will survive FTX, Sam Bankman-Fried

Today, there are people all over the world committed to cryptocurrency's endurance.

Axios

Crypto's very bad year yielded even worse falls from grace. Here's a list.

Some of the industry’s biggest names fell from historic highs historically quickly.

Fortune

Electricity stolen for bitcoin mining in Buri Ram

BURI RAM: Police on Sunday searched a commercial building in Nang Rong district where electricity was suspected to have been stolen to operate bitcoin mining.

Bangkok Post

Mark Cuban defends Bitcoin, says anyone investing in gold is ‘dumb as f***’

“I want Bitcoin to go down a lot further so I can buy some more," he told Bill Maher on the "Club Random" podcast.

Fortune

What is P2P?

P2P can seem overly techy at first glance – but it's a great way to send files in a flash. Here's what you need to know.

TechRadar

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Evening Standard

Computer expert faces contempt of court proceedings over Bitcoin libel ruling ‘leak’

A computer expert who claims to have invented cryptocurrency Bitcoin is facing contempt of court proceedings over the alleged leaking of a High Court ruling.

The Independent UK

Wyoming bullishly courts crypto, even after collapse of FTX

For decades, Wyoming has sought to escape the boom-and-bust cycles of its fossil-fuel-driven economy

The Independent UK

Pain, few gains for investors as markets slumped in 2022

Evening Standard

What is cryptocurrency?

Cryptocurrencies are a type of digital asset, which rely on cryptography for security.

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Fortune

Foundation Devices raises $7M for a 'truly air gapped' Bitcoin hardware wallet

The company believes it’s found a niche for high-security Bitcoin wallets with a sleek device.

Kiplinger

Stock Market Trading Hours: What Time Is the Stock Market Open Today?

When does the market open? While the stock market has regular hours, trading doesn't necessarily stop when the major exchanges close.

Newsroom.co.nz

The road ahead for cryptocurrencies

Greater government regulation of blockchain technology may bring more structure and stability to the crypto sector | Content partnership

The Independent UK

Crypto's ties to sports raise ethical questions

Sports fans who view their favorite players as role models might think twice before taking their financial advice, too

Bangkok Post

Crypto miner 'stole electricity worth B10 million'

A cryptocurrency miner running 223 computers stole some 10 million baht worth of electricity over a one-year period, the Metropolitan Electricity Authority (MEA) says.

The Guardian - US

In balmy Puerto Rico, diehards shrug off the crypto winter: ‘We’re not worried’

Blockchain aficionados have long flocked to the island for its favorable tax laws. But as the industry wobbles, local residents are pushing back

Fortune

Cathie Wood’s ARK Invest is bingeing on Bitcoin, Coinbase, and Tesla even as other investors have fled all three this year

She believes that the FTX fiasco will strengthen Coinbase and Bitcoin, and that Tesla is on “automatic pilot” toward huge growth.

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