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The Latest Breaking News from Bitcoin

Bitcoin price set to surge if Federal Reserve keeps rates steady

While gold prices have edged down, the price of Bitcoin stayed above US$28,000, its highest level in 10 months, for a second straight day on Wednesday, with experts predicting it might go up further if the US Federal Reserve does not raise interest rates this week.

Bangkok Post

Bitcoin teeters near $27,000 as Fed raises interest rates and Powell says cuts unlikely in 2023

The cryptocurrency jumped above $28,000 earlier this week.

Fortune

Bitcoin ATMs drained after hackers exploit zero-day bug

Hackers stole 56 bitcoin, worth around $1.5 million, by targeting ATM flaws.

TechRadar

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Crypto Mining at Gas Wells Sparks Regulatory Headaches, Outcry in Northwestern Pennsylvania

Before obtaining the required permits, Diversified Energy began installing cryptocurrency mining infrastructure on one of its thousands of well pads.

Capital & Main

Can regulation shape cryptocurrencies into useful business assets?

One of the more complex corners of the technology industry businesses often refrain from touching is the cryptocurrency market. Built on a principle of a decentralised market, away from the prying eyes of central bodies or governments, and utilising blockchain technology to provide a clear and concise record of all…

IT Pro

Coinbase shares bounce back alongside Bitcoin

The exchange’s stock mirrors a resurgence in the price of the largest cryptocurrency.

Fortune

Crypto is finally catching a break with a surge in prices and app downloads

The banking crisis has coincided with an uptick in both crypto app downloads and a broad increase in prices.

Fortune

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What is the ‘steal now, crack later’ quantum computing threat?

The capabilities of quantum computing have been rapidly developing over the last decade, and are expected to mature over the next. By 2030, in fact, the industry widely expects commercial quantum computing offerings to be available in the mainstream. While the business use cases of quantum computing are being contemplated,…

IT Pro

Bitcoin soars past $28,000 to hit its highest point in 9 months as investors get spooked by the banking sector struggles

The cryptocurrency had previously struggled to maintain momentum past the $25,000 mark.

Fortune

Bitcoin near 9-month high as bank turmoil sparks rally

HONG KONG: Bitcoin hovered near nine-month highs on Monday, and has closed out its best week in four years as turmoil in traditional banking drives some investors to turn to digital assets.

Bangkok Post

Crypto is finally getting its first Supreme Court appearance

A clash involving disgruntled Coinbase Global Inc. customers will give the U.S. Supreme Court its first taste of the world of cryptocurrency, foreshadowing future cases that could help define the industry.

Tribune News Service

How crypto Ponzi scheme threatens banks

It’s the big bank failure story no one is talking about

Salon

Bitcoin prices go up when banks go down

Crypto got a boost from this weekend's bank turmoil, which market experts all linked to changing expectations.

Axios

Bitcoin surpasses $25,000 after SVB collapse, CPI report

The cryptocurrency has struggled to maintain momentum past the $25,000 mark in 2023.

Fortune

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Fortune

Crypto loves socialism—when it's convenient

The hypocrisy of crypto libertarian types like David Sacks when it comes to their friends is stunning.

Bangkok Post

New breed of bitcoin NFTs sell for millions

BENGALURU, India: Imagine digitally inscribing three dimensional images of objects such as multi-coloured spheres onto a tiny fragment of bitcoin. Then imagine selling them for US$16.5 million.

Bangkok Post

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.

StockNews.com

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…

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Fortune

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

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.

Financial Times

Central banks going crypto. Is it a good idea?

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

Fortune

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

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.

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