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The Latest Breaking News from Bitcoin

'Bitcoin could surpass $50,000-mark in 2024'

Bitcoin’s rebound is just the start of a rally that will take it past $50,000 next year courtesy of a process known as halving that curbs the supply of new tokens, according to projections from crypto analysts.

The Times of India

Why a U.S. debt ceiling crack-up will only help Bitcoin

The U.S. dollar is losing ground to other currencies, including Bitcoin. A debt ceiling crack-up can only accelerate this trend.

Fortune

3 Stocks With Poor Growth Outlooks to Avoid

Recent weak economic data, disappointing earnings reports, and turmoil in the financial sector have raised recessionary pressures of late, dragging down equities. As the stock market is expected to remain under immense pressure, investors should avoid high-risk stocks Roku (ROKU), Bitfarms (BITF), and CleanSpark (CLSK) this month, with weak growth…

StockNews.com

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$500k or 17.5 Bitcoin? Texas startup lets people buy real estate with cryptocurrency

Buyers wanting to move their cryptocurrency holdings into real estate have a new option beginning Thursday.

Tribune News Service

Bitcoin is up 72% in 2023. Is Crypto Winter finally over?

Crypto analysts are bullish on the industry’s future, despite the regulatory chaos and price volatility.

Fortune

3 Unstable Stocks With High Volume to Avoid in April

Amid the earnings season, despite witnessing high volumes, unstable stocks such as Snap Inc. (SNAP), Meta Materials Inc. (MMAT), and SAI.TECH Global Corporation (SAI) seem primed for renewed bouts of volatility due to their weak fundamentals. Continue reading….

StockNews.com

Alan Kohler: America has no friends, only interests – and the world’s reserve currency

A lower US dollar is not only likely, it’s already happening – the US dollar index has depreciated 10 per cent in five months.

The New Daily

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Bitcoin drops below $30,000 again on interest rate fears

Bitcoin dropped back below the closely watched $30,000 level amid a wider retreat in cryptocurrencies, as stubbornly high UK inflation fanned fears of higher-for-longer interest rates.

The Times of India

Intel dumps its Bitcoin mining Blockscale chips

Intel gave its Blockscale Bitcoin mining ASICs 12 months to live before announcing an end to the products.

TechRadar

Intel quietly ditches its Bitcoin mining chips

So long, Blockscale, we hardly knew ye.

PC Gamer

Intel Discontinues Bitcoin-Mining Blockscale Chips, No Future Gens Announced

Intel released a bulletin that announces it is ending production of all of its known bitcoin-mining Blockscale ASICs.

Tom’s Hardware

Unchained Capital, a Bitcoin lender and custodian, raises $60 million following competitors' collapse

The Bitcoin financial services firm is one of the few lenders to escape 2022 comparatively unscathed.

Fortune

An influx of Russian visitors fleeing Vladimir Putin's war has changed the dynamic in Bali

From public nudity and drunkenness, to more serious alleged criminal behaviour, locals in Bali say the antics of some foreign tourists have reached epic proportions.

ABC News

The Week Unwrapped: Crypto power, a Grenfell deal and vaccine lawsuits

Olly Mann and The Week delve behind the headlines and debate what really matters from the past seven days. With Arion McNicoll, Arion McNicoll and Felicity Capon.

The Week

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Barchart

Using the Stock Screener - An Investors Swiss Army Knife for Investing

Plus, 3 stocks that are at the top of the list.

ABC News

ASX gains on optimism that US rate hikes are over, while Bitcoin rallies again — as it happened

Another round of data out of the US is pointing towards inflation there easing, which could mean the Federal Reserve is done with rate hikes, at least for now, and the ASX followed the optimism.

Fortune

Warren Buffett calls Bitcoin a ‘gambling token’

Buffett said of Bitcoin, “The urge to participate in something where it looks like easy money is a human instinct which has been unleashed.”

Barchart

Are Crypto Mining Companies Rising From the Ashes?

With cryptocurrency markets down around 80% over the past 2 years, crypto mining companies have seen their share price and earnings plummet. Over the past few months however, prices have surged causing many to speculate that the bottom is in for miners. Is this the next bull run or just…

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Barchart

Markets Today: Stock Index Futures Climb on Dovish PPI Surprise

Morning Markets June S&P 500 futures (ESM2 3) this morning are up +0.21%, and June Nasdaq 100 E-Mini futures (NQM2 3) are up +0.37%. U.S. stock index futures this morning are moderately higher after U.S. Mar producer prices rose less than expected, easing inflation concerns. Also, weekly jobless claims rose...

Fortune

Block partners with African crypto exchange Yellow Card

The maker of Cash App continues to double down on its investments in payment infrastructure outside the U.S.

PC Gamer

If you thought things couldn't get stupider, someone just held a CO2 reader up to a PC to prove 'bitcoin mining has zero carbon emissions'

No, it's not April 1, it's just stupid.

Bangkok Post

Crypto spikes as SEC reassures public

The price of Bitcoin surpassed US$30,000 on Tuesday, the highest level in 10 months, becoming the asset with the highest return year-to-date as investors become increasingly optimistic that the United States Federal Reserve (Fed) will soon end its aggressive monetary tightening.

The Independent UK

Texas paid Bitcoin company $175k an hour to stop using energy during fatal 2021 winter blackout

Computers at the Bitcoin mine were using enough electricty to power 6,500 homes

Fortune

Lightspark launches tool to fix Bitcoin's Lightning Network in key test for Facebook vet David Marcus

The Lightning network has come up short in turning Bitcoin into an everyday payment tool. The well-funded startup Lightspark says it has solved that.

Fortune

Americans really don’t trust crypto, Pew survey shows

A mere 6% of those who have heard of crypto are very or extremely confident in it.

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