Bitcoin

Also today, things are going from bad to worse for Terraform Labs as police scrutiny increases.

Also today, a group of human rights activists have defended Bitcoin and attacked crypto critics in a letter to Congress.

Also today, Jamaica is becoming the next country to roll out a central bank digital currency — but there are downsides.

Rejecting the notion that Bitcoin is a solution "in search of problems," they produced examples of where this digital asset has changed lives for the better.

It's fair to say PayPal has been taking a slow, cautious approach to its crypto rollout — but the bear market doesn't seem to be putting the tech giant off.

Also today, Coinbase's hiring freeze affects people who were just about to join the company — and they aren't happy.

At the time of writing, BTC is trading at $31,576 — up 6% on a 24-hour timeframe, and 3% for the week.

Here's our roundup of all the top stories from day one of CoinMarketCap's The Capital conference.

He described worrying about it as "foolish" — and said, if Jeff Bezos or Mark Zuckerberg had offloaded their stock and tried to time the market over the years, they would not be billionaires.

Mow also said that the real "litmus test" is getting a larger country that isn't suffering economic hardship to embrace Bitcoin as legal tender.

Speaking to CoinMarketCap's The Capital conference in the metaverse, Mow described El Salvador as "patient zero" — and said that it's crucial that President Nayib Bukele succeeds.

"You can easily pick another coin that might go up higher than Bitcoin. But as we're seeing in a bear market, they dip harder than Bitcoin."

Held also pointed to the fact that the recent bull run wasn't as dramatic as earlier cycles — with Bitcoin failing to deliver a big blow off top.

Also today, a new survey reveals which countries are most enthusiastic about the metaverse.

Also today, we'll tell you everything you need to know about CoinMarketCap's conference in the metaverse — and how you can get involved.

"Invest in Peace, Bro" features a dove that argues supporting worthwhile causes feels good.

Also today, crypto dominates discussion at the World Economic Forum in Davos.

Christine Lagarde made the admission as she warned about the dangers of digital assets once again — doubling down on her assertion that virtual currencies are worthless.