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The Latest Breaking News from Bitcoin

Here's why recent Bitcoin rallies can't keep their momentum after cracking $25K

Bitcoin is still up nearly 50% year-to-date after an abysmal end to 2022.

Fortune

Here's why Bitcoiners are flocking to Nostr

Exactly how high is the ceiling for the decentralized social network?

Fortune

Beijing quietly backing HK crypto plans

HONG KONG: In October, Hong Kong rolled out the red carpet for cryptocurrency businesses to help revitalise the embattled financial hub. Signs are now emerging that the push has under-the-radar backing from Beijing, providing impetus for mainland Chinese firms to return.

Bangkok Post

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Michael Hiltzik: The government crackdown on crypto is well underway. Get out while you can

The sun may be setting on the cryptocurrency craze. If you're an investor or even just a curiosity-seeker on the fringes of this financial segment, you might want to prepare for its demise.

Los Angeles Times

Ordinals are pushing Bitcoin beyond $25K. What are they?

Bitcoin’s price has surged almost 14% over the past two days.

Fortune

Bear market barely dents crypto lobby

Spending remains near all-time highs.

Fortune

Bitcoin maximalist Mike Novogratz, who once predicted it hitting $500K in 2024, would now be ‘the happiest guy’ if it ends the year at $30K

Bitcoin will eventually hit $500,000, but not in the next five years, the Galaxy Digital CEO said Wednesday.

Fortune

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Bitcoin breaks $25K for first time since mid-2022, some hail thaw of crypto winter

The rally could be fueled in part by the popularity of Bitcoin NFT project Ordinals.

Fortune

4 Tech Stocks You Shouldn’t Touch With a 10-Foot Pole

While the Nasdaq Composite gained over the past month, the gains might not sustain amid the challenging macroeconomic backdrop. Moreover, the anticipated continuation of rate hikes and mass layoffs is making investors anxious. Given the uncertain outlook, fundamentally weak tech stocks Snowflake (SNOW), Affirm Holdings (AFRM), PAR Technology (PAR), and…

StockNews.com

Bitcoin hovers near $22,000 as crypto weathers regulatory woes

Bitcoin traded back above the $22,000 price level as concern about a widening crackdown by regulators eases.

The Times of India

Nu Holdings Q4 Earnings Highlights: Warren Buffett-Backed Digital Bank Sees Record Results, Growth In Latin America — Is Crypto Helping?

Digital financial services company reported fourth-quarter and full-year financial results after market close Tuesday

Zenger

Dude, where's my bitcoin? Crypto sits out the Super Bowl after a miserable year

Well, that was fast.

Los Angeles Times

LocalBitcoins is gone but its spirit lives on

The demise of a site that once helped people buy Bitcoins for cash in parks or cafés marks a symbolic end for an early era of crypto.

Fortune

A top Fed official just compared ‘speculative’ crypto to baseball cards and had a stark warning for owners: ‘Don’t expect taxpayers to socialize your losses’

“If you buy crypto assets and the price goes to zero at some point, please don’t be surprised,” Fed Governor Christopher Waller said Friday.

Fortune

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Fortune

PayPal CEO to step down amid economic turbulence and slumping shares after years of breakneck growth

Dan Schulman joined PayPal in 2014, shortly before the company split from eBay.

Fortune

Decentralized staking token LDO surges as Coinbase’s Brian Armstrong warns of a possible SEC crackdown on staking

Large U.S.-based exchanges Coinbase and Kraken offer staking for customers.

The Times of India

ChatGPT mania spurs crypto fans’ stampede to ‘faddish’ AI tokens

Count on crypto fans to jump on any burgeoning trend as fast as they can.

Fortune

Binance executive says balance sheet audit is ways off

After the fall of FTX, cryptocurrency exchanges have been pressured to show that their customers’ assets are secure.

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ABC News

Hong Kong pulls Simpsons episode that mentions forced labour camps and bitcoin mines

First it was a reference to Tiananmen Square that saw an episode pulled two years ago, now it's one that mentions forced labour camps as The Simpsons gets political again.

Evening Standard

The Bank of England’s proposed digital pound: what does it mean?

The Bank of England has begun a consultation on the introduction of its own digital pound as it seeks to gain a foothold in the unwieldy world of cryptocurrencies and stablecoins.

Fortune

Cathie Wood is still a Bitcoin evangelist but she’s getting candid about what she got wrong: ‘We tempered a few assumptions’

The ARK Invest CEO admitted she thought more companies and governments would be holding Bitcoin by now.

Fortune

Altcoins Polygon, Avalanche, and Aptos surge as stock market rallies on Fed news

The cryptocurrencies were all up double digits on Thursday.

Fortune

OpenAI’s first VC backer weighs in on generative A.I.

Founding general partner Samir Kaul is convinced A.I. could transform every sector of our lives.

Fortune

There’s a wild theory that the price of Bitcoin is being propped up—and the academic who proved manipulation in 2017 suspects it may be happening again

Bitcoin's sudden stability is “very suspicious” says John Griffin, finance professor at the University of Texas McCombs School of Business. “The same mechanism we saw in 2017 could be at play now in the still unreal Bitcoin market.”

The Independent UK

Here's what the Fed interest rate hike means for you

The Federal Reserve raised its key rate by a quarter point Wednesday, bringing it to the highest level in 15 years as part of an ongoing effort to ease inflation by making borrowing more expensive

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