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The Latest Breaking News from Bitcoin

Amid widespread macroeconomic headwinds, the tech industry is expected to witness a slowdown. Given this backdrop, fundamentally weak tech stocks Affirm Holdings (AFRM), Riot Platforms (RIOT), HIVE Blockchain Technologies (HIVE), and Bakkt Holdings (BKKT) could be best avoided this week. Read on….

StockNews.com

3 Fintech Stocks Failing to Impress Investors

Given the growing adoption of digital financial services, the long-term prospects of the fintech industry look bright. However, not all fintech stocks can capitalize on the industry tailwinds. Therefore, it could be wise to avoid fundamentally weak fintech stocks Marathon Digital (MARA), Bit Digital (BTBT), and Argo Blockchain (ARBK). Read…

StockNews.com

Winklevoss twins announce Dublin as HQ for their crypto currency platform Gemini

The platform allows customers to buy, sell and hold crypto assets such as Bitcoin

Dublin Live

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More bills introduced in 2023 than in 2022 that would make ballot access more difficult for political parties

Welcome to the Friday, May 26, Brew.

Ballotpedia

Presidential Candidate Robert F. Kennedy Jr. To Accept Campaign Donations In Bitcoin

Presidential candidate Robert F. Kennedy warns that artificial intelligence is a threat to democracy.

Zenger

Magic Eden will pay you to buy and sell Solana NFTs

The marketplace has recently seen a decrease in trading volume due to competition from Blur and OpenSea.

Fortune

Fear and Greed Has Not Descended on Markets – Now is a Great Time to Prepare

Fear and greed are powerful emotions that drive investors, speculators, and most market participants’ behavior. Significant rallies or selloffs often occur when fear or greed peaks. In late May 2023, markets across all asset classes are calm, but fear and greed lurk in the shadows and can remerge in a…

Barchart

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Ron DeSantis goes crypto, says the Biden administration will kill Bitcoin

The governor's Bitcoin comments mark a watershed for crypto in presidential campaigns.

Fortune

Bottlepay to close down app, two years after Newcastle fintech firm's acquisition

The Newcastle company says the app will close in two months, saying 'we’re really sorry to put you through the inconvenience of having to leave us'

Birmingham Post

What is looping, the high-risk strategy producing 60% yields for crypto traders?

As a market turns from a bear into a bull, traders gravitate towards riskier strategies, say DeFi developers.

Fortune

NAB apologises after seizing funds of customer it identified as a money mule

Mojib Rahman went from scam victim to "money mule", as he tried to recover his lost funds. Now his bank has apologised for the way it handled his case.

ABC News

Scammers net 6 figures on Bitcoin Pizza Day

Several sketchy pizza-themed coins have emerged in the past couple of days, including BPizza and EthPizza.

Fortune

Why Gary Gensler can find a sympathetic crowd among Bitcoiners

Why Coinbase’s lawsuit against the SEC is more than what it seems.

Fortune

Is Investing in Bitcoin and Other Cryptocurrencies Really Just Gambling?

Politicians in the UK are arguing investing in cryptocurrency is really gambling. A Kiplinger editor weighs in.

Kiplinger

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StockNews.com

3 Financial Services Stocks to Beware of

As the United States grapples with the critical stage of raising its massive debt ceiling, the financial services sector finds itself on high alert. Hence, fundamentally weak financial services stocks BRP Group (BRP), Digital World (DWAC), and SAI.TECH Global (SAI) might be best avoided. Keep reading.

The Conversation

Crypto trading: politicians who say it should be treated like gambling are completely wrong

Cryptocurrency trading should be regulated in the same way as gambling, according to the UK parliamentary select committee in charge of scrutinising finance. The committee published a report arguing that this was necessary because digital assets such as bitcoin have “no intrinsic value, huge price volatility and no discernible social…

Fortune

Bitcoin stands apart as big banks get bigger

Governments' role in the banking system is growing—a development that could inadvertently help Bitcoin.

Fortune

Veteran crypto traders raising 1,000 Bitcoin for BTC-denominated fund

BXB Capital gained prominence with the Kimchi premium and the first Korean won-backed stablecoin.

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Bangkok Post

Crypto market aflutter

Last year was a rough one for cryptocurrencies as Bitcoin, the largest digital asset in the world, lost nearly 65% of its market value.

Fortune

The A.I. future according to Cathie Wood: full interview

Wood opened up at Fortune’s Most Powerful Women Next Gen conference about Elon Musk, Bitcoin, and the millions who followed her advice when she got it wrong.

Fortune

Strike expands Bitcoin payments to 65 countries, moves global headquarters to El Salvador

The Jack-Mallers led Lightning app says it can now support nearly 3 billion people globally.

Zenger

UK Members Worry About The Risks Of Cryptocurrency And Non Existing Regulations

UK lawmakers want to treat cryptocurrency trading like gambling as the fall of FTX has brought concern to world regulators.

Fortune

Litecoin gained nearly 20% over 10 days as traders sought alternatives to surging Bitcoin fees

Bitcoin NFTs, known as Ordinals, have surged in popularity, causing a significant rise in network transactions fees.

Fortune

Brooklyn-based Coin Cafe ordered to return $4.3 million to 'defrauded' crypto investors by New York New York attorney general

The move comes two weeks after the office proposed sweeping crypto legislation for New York State.

Fortune

Is crypto trading the same as gambling? This U.K. parliament committee thinks so, and most crypto advocates—unsurprisingly—disagree

The Treasury Committee in the House of Commons said crypto assets have "no intrinsic value."

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