Bitcoin, Stocks, and Inflation: A Wild Ride

Bitcoin

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Today's News

Bitcoin and other cryptocurrencies have seen a slight rebound after a wild ride on Thursday. Prices are back up above $19,000, but some traders say that a full recovery is unlikely. Meanwhile, Ethereum prices have climbed more than 10% in the last 24 hours.

Outline

  • The NYDIG bitcoin firm is laying off a third of its employees.
  • Bitcoin energy consumption is a feature, not a bug, according to a crypto-miner.
  • Big banks are kicking off earnings season with a podcast.
  • Here's what one billionaire thinks about bitcoin.
  • Google and Coinbase are surprising partners building in the crypto space.
  • Where will block be in 5 years?
  • The Biden administration is doubling down on sanctions self-harm with a possible China chip export ban and Russia aluminum sanction.
  • Do we need bitcoin for what it has become?
  • Legendary value investor Bill Miller says to buy bitcoin and 8 other stock bargains.
  • Ether prices climbed more than 10% in roughly 24 hours.
  • Suspected QAnon author Ron Watkins is shuttering his congressional campaign.
  • Why the gold price is broken.
  • Network effects and how your connections matter.
  • HT Token's 26% pop shows enthusiasm for Huobi acquisition but fundamental questions linger.
  • Checks and imbalances: Larry Ellison backs election deniers, Democrats outspend GOP in House races.
  • The COO of Block's bitcoin business unit explains how to get employees on board with emerging technologies.
  • Elon Musk's new million-dollar business to help buy Twitter.
  • Bitcoin: maybe it is an inflation hedge after all.
  • Wall Street breakfast: Mr. Market's wild ride.
  • Morgan Stanley's Q3 2022 earnings call transcript.
  • Bitcoin gaming and payments company ZEBEDEE launches new open source bitcoin initiative.
  • First Mover Americas: Bitcoin rebounds to $19.6K, Ether up 6%.
  • A huge glut of bitcoin mining rigs is sitting unused in boxes.
  • Bitcoin is macro, but not 'correlated' in the way you think.
  • First Mover Asia: Crypto trading firm Amber CEO argues bitcoin can still be an inflation hedge; cryptos' surprising rebound.
  • Market wrap: Crypto markets take quieter ride following Thursday's roller coaster.
  • Bitcoin steady above $19K even as stocks give back Thursday's wild gains.
  • Bitcoin unlikely to see notable recovery after Thursday's short squeeze: traders.