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The Latest Breaking News from Bitcoin

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

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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

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".

Daily Record

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.

Roll Call

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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.

Fortune

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

The Guardian - UK

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.

Fortune

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.

ABC News

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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.

Fortune

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?

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Bangkok Post

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.

Los Angeles Times

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.

Fortune

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

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.

StockNews.com

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…

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