Bitcoin

If this correlation endures, it's going to be exceedingly difficult for Bitcoin to break out — and race to $100,000 as oh-so-many analysts have predicted.

Also today… Coinbase NFT opens for the public in beta, and Starbucks is going to release NFTs later this year.

After rallying toward $40,000 on Wednesday, immediately after the Fed announced it was increasing interest rates, BTC shed close to $3,000 in the space of three hours on Thursday.

Also today, find out which crypto heavyweights will be at CoinMarketCap's conference in the metaverse... and why Elon Musk might be annoyed about a Bill Gates interview.

According to Vogue Business, customers who want to transact using crypto will be emailed a QR code — enabling them to complete a transfer from their wallet.

A visual look at the impact of El Salvador's decision to make Bitcoin legal tender.

Is dating in crypto even a thing?

It's still possible to get free Bitcoin, either through mining, tipping or airdrops.

Rather awkwardly, this impairment charge actually eclipses MicroStrategy's total revenues between January and March 2022, which stood at $119.3 million.

Also today — prominent Bitcoiners take American politicians to task over their "misleading" remarks about crypto.

Bitcoiners will be hoping to avoid a repeat of May 2021, when the world's biggest cryptocurrency fell by 35% in a single month.

Since 2013, Bitcoin has ended up in positive territory five times in May — while suffering losses in the remaining four.

The letter rejects claims that a single Bitcoin transaction could power the average U.S. household for a month — and insists it uses as much energy as a tweet or a Google search.

CoinMarketCap has just turned nine.

Also today, Coinbase is changing the way it announces new coin listings... amid fears some traders are managing to buy these assets before an announcement is made.

According to Coinglass, the world's biggest cryptocurrency fell by 17.3% last month — its worst April performance since 2013.

It follows a three-month discussion within the Wikimedia Foundation's community, which included a poll that asked whether support for crypto donations should be withdrawn.

They were determined to receive 10 BTC for the coveted website name, which was desperately wanted by a "multibillion-dollar exchange." The high-stakes negotiation was nail biting.