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The Latest Breaking News from Bitcoin

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

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

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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.

Fortune

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.

The Times of India

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.

Fortune

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.

ABC News

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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.

Evening Standard

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.”

Fortune

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

The Independent UK

Bitcoin jumps to highest since August in post-fed crypto rally

Bitcoin hit the highest since August as investors interpreted Federal Reserve Chair Jerome Powell’s comments about progress on inflation as a sign that a less harsh monetary policy backdrop lies ahead.

Bangkok Post

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Fortune

'Disneyland is over': 'The Black Swan' author says the easy money era is over and compares Bitcoin to a 'tumor'

Nassim Nicholas Taleb, who wrote "The Black Swan," said it will be many years before market conditions normalize and stock valuations bottom out.

Fortune

Cathie Wood’s ARK Invest says Bitcoin could exceed $1 million in just 7 years

In the midst of a brutal Crypto Winter, one of Bitcoin’s biggest bulls is as optimistic as ever.

Fortune

Metaverse cryptocurrencies outperformed Bitcoin and Ether in January

The tokens for the Sandbox and Decentraland increased 94% and 156% in January, respectively.

Zenger

Adding Milk To Your Coffee May Be Good For You

Coffee beans are filled with the antioxidant, polyphenols, naturally occurring antioxidants, important for humans. The post Adding milk to your coffee may be good for you appeared first on Talker.

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Fortune

Strike expands cross-border payments feature to the Philippines

The Jack Mallers-led company launched the feature in Nigeria, Kenya, and Ghana in December

Bangkok Post

Bitcoin barrels toward historic Jan as crypto market jumps by $280bn

Bitcoin is set for its best January since 2013 on bets that monetary tightening and the crypto-sector crisis are both ebbing.

The Conversation

Bitcoin has shot up 50% since the new year, but here's why new lows are probably still ahead

To the delight of investors across the cryptosphere, the price of bitcoin (BTC) has rallied over 53% since its low of US$15,476 (£12,519) in November. Now trading around US$23,000, there’s much talk that the bottom has finally been reached for the leading cryptocurrency after a year of painful decline –…

Bangkok Post

Zipmex predicts crypto rebound in 2025

The likelihood of an economic recession this year could delay the recovery of the digital asset industry by another year to 2025, says a source from Asian crypto exchange Zipmex, noting the recent surge in prices could be short-lived.

Fortune

Digital payments giant Stripe considers going public within one year

Within the next 12 months, executives at Stripe told employees that the company will either list itself on the stock market or allow employees to privately sell shares.

Bangkok Post

Warning issued for Bitcoin-related stocks

Investing in Bitcoin-related stocks remains very risky, analysts warned on Tuesday amid a rally in prices as inflation has begun to slow amid market expectations that interest rate hikes will not be extreme.

Fortune

Can the current crypto rally last? 3 reasons it can—and 1 it can't

Brief crypto rallies over the last year fizzled quickly. This time it may be different.

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