Bitcoin, NFTs, and Astrology: The Latest in the World of Crypto

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Today's News

There's been a lot of news in the world of cryptocurrency lately. Here's a rundown of some of the biggest stories.

Outline

-Bitcoin Fails To Produce 1 Block For Over An Hour: For the first time in years, Bitcoin fails to produce a block for over an hour, causing speculation among investors.

The First-Ever Tweet in NFT Format Sold for $2.9 Million in March 2021. The Most Recent Bid Is $132.: The first tweet ever sold in NFT format is currently being bid on for $2.9 million. The most recent bid is $132.
Popular Astrologer Under Fire For Working With Crypto Lender Celsius Network: A popular astrologer is under fire for working with the crypto lender Celsius Network.
Former FBI Director Said Blockchain Is Easier to Trace Than Paper Money: former FBI director said that blockchain is easier to trace than paper money.
Stablecoin Mechanics 2: We found the Tether-Celsius loans: In a follow up to the first article, we investigate the Tether-Celsius loans and find that they may not be as stable as we thought.
How to hide your IP address: a field guide to VPNs, proxies, & traffic relaying: This guide provides instructions on how to hide your IP address using VPNs, proxies, and traffic relaying.
The Best Velvet Couches (for Bisexuals, Aesthetes, and Everyone Else): This guide provides a list of the best velvet couches for bisexuals, aesthetes, and everyone else.
A Rare Bitcoin Intraday Swing Is a Fillip for Jaded Crypto Bulls: A rare Bitcoin intraday swing is a fillip for jaded crypto bulls.
Is Bitcoin a Hedge Against Inflation?: Analysts debate whether Bitcoin is a hedge against inflation.
Crypto Surges: Is Now the Time to Buy Bitcoin, Ethereum, and Cronos?: Cryptocurrencies are surging, with Bitcoin, Ethereum, and Cronos all seeing gains. Is this a good time to buy?
Why Silvergate Capital Stock Was as Good as Gold Today: Silvergate Capital stock was as good as gold today.
Remote desktop services targeted by devious ransomware: Remote desktop services are being targeted by devious ransomware.
Bitcoin As A Human Rights Platform: Bitcoin is being touted as a human rights platform.
Silvergate Finally Catching Crypto-Winter Chill: Silvergate is finally catching the crypto-winter chill.
PayPal, Kanye And CBDCs: PayPal, Kanye West, and CBDCs.
Mastercard Is Bringing Crypto Trading To Your Bank: Mastercard is bringing crypto trading to your bank.
Andreessen Horowitz's Crypto Lobbying Blitz Is Paying Off: Andreessen Horowitz's crypto lobbying blitz is paying off.
The Most Important Things To Understand About This Crypto Winter: The most important things to understand about this crypto winter.
"Bitcoin as safe haven" theory crumbles: The "bitcoin as safe haven" theory crumbles.
Binance to Launch Cloud Mining Business in November: Binance is launching a cloud mining business in November.
Crypto Fans Want Kanye West to Launch His Own Currency: Crypto fans want Kanye West to launch his own currency.
Market Wrap: Bitcoin and Ether Start the Week Higher: Bitcoin and Ether start the week higher.
Fed Pivot May Not Bring Immediate Relief to Bitcoin: The Fed's pivot may not bring immediate relief to Bitcoin.
Bitcoin Climbs Over $19.5K Amid Wider Rally in Riskier Assets: Bitcoin climbs over $19.5K amid wider rally in riskier assets.
First Mover Americas: Technical Signs Flashing Green for Bitcoin and Ether, Quant Network's Token Surges 14%: Technical signs are flashing green for Bitcoin and Ether, with Quant Network's token surging 14%.
First Mover Asia: A Pan-Asian Digital Currency? Good Luck Getting Rivals to Cooperate; Cryptos Hold Steady in Weekend Trading: A Pan-Asian digital currency? Good luck getting rivals to cooperate; cryptos hold steady in weekend trading.
Why Are So Many Crypto Execs Leaving?: Why are so many crypto execs leaving?
France to Explore Crypto Tax Treatment Next Year: France is exploring crypto tax treatment next year.
Quant Network's QNT Token Enters Top 30 Crypto List With an Envious 'Overbought' Status: Quant Network's QNT token enters the top 30 crypto list with an enviable "overbought" status.

Bitcoin Fails To Produce 1 Block For Over An Hour

It took more than an hour to mine a block of bitcoin (BTC) on Monday, leaving thousands of transactions stuck in an unconfirmed state. CoinDesk reports: According to on-chain data from several block explorers, the interval between the two latest blocks mined …

The First-Ever Tweet in NFT Format Sold for $2.9 Million in March 2021. The Most Recent Bid Is $132.

A once-buzzy NFT faced yet another super-low bid on Sunday. It has lost almost 100% of its initial value.

Popular Astrologer Under Fire For Working With Crypto Lender Celsius Network

Maren Altman parlayed her crypto and astrology expertise into a massive following. Now, people are attacking her online for making posts about the defunct startup Celsius.

Former FBI Director Said Blockchain Is Easier to Trace Than Paper Money

Bitcoin has failed. Cryptocurrencies and DeFi platforms are now more vulnerable to privacy breaches and being hacked than traditional banking.

Stablecoin Mechanics 2: We found the Tether-Celsius loans

Canonically a stablecoin is only issued in return for fiat currency. Everyone knows that rule is not followed 100% of the time in crypto. Here we are going to look, in depth, at not-for-fiat…

How to hide your IP address: a field guide to VPNs, proxies, & traffic relaying

A field guide to VPNs, proxies, and traffic relaying

The Best Velvet Couches (for Bisexuals, Aesthetes, and Everyone Else)

TikTok has declared green velvet couches a bisexual fave, but they're sexy, comfortable, and perfect for everyone, negroni-drinker or not.

A Rare Bitcoin Intraday Swing Is a Fillip for Jaded Crypto Bulls

Weary cryptocurrency investors pining for a recovery in beaten-down Bitcoin can take some solace from an unusual intraday price recovery that’s tended to presage rallies in the largest digital token.

Is Bitcoin a Hedge Against Inflation?

Down around 70% this year, the case for Bitcoin as an inflation hedge took a serious blow.

Crypto Surges: Is Now the Time to Buy Bitcoin, Ethereum, and Cronos?

Could bearish near-term catalysts portend well for the medium-term?

Why Silvergate Capital Stock Was as Good as Gold Today

An anticipated quarterly-earnings report and an improvement in crypto sentiment combine to push the shares higher.

Remote desktop services targeted by devious ransomware

Venus ransomware encrypting important files and demanding Bitcoin in exchange for the decryption key.

Bitcoin As A Human Rights Platform

As we approach Human Rights Day on December 10, 2022, it is important to consider human rights and how Bitcoin is being used as a platform to protect human rights for various communities around the world.

Silvergate Finally Catching Crypto-Winter Chill

Wave of increasingly profitable deposits seems to have crested.

PayPal, Kanye And CBDCs

These cases represent what I believe are legitimate and mounting concerns surrounding centralized finance.

Mastercard Is Bringing Crypto Trading To Your Bank

The program will see Mastercard act as a middleman between banks and crypto trading platform Paxos.

Andreessen Horowitz's Crypto Lobbying Blitz Is Paying Off

Partners at A16Z held a fundraiser for New York congressman Ritchie Torres. Soon after, he pressured an industry group that threatened to derail a portfolio company.

The Most Important Things To Understand About This Crypto Winter

The current crypto winter, or bear market, is tied to international financial happenings, as well as inflation in the U.S. So, here's how long it could last.

"Bitcoin as safe haven" theory crumbles

Bitcoin as a safe haven against inflation, once accepted wisdom for crypto proponents, is proving questionable.Why it matters: In the face of persistently high consumer price index prints, the world's largest and oldest digital asset has crumpled, eroding inv…

Binance to Launch Cloud Mining Business in November

The crypto exchange's hashrate pool is pushing into the troubled crypto mining industry.

Crypto Fans Want Kanye West to Launch His Own Currency

Photo Illustration by Luis G. Rendon/The Daily Beast; Getty Amidst Kanye West’s recent public implosions and subsequent rejection from several major platforms, including bans from Twitter, Instagram and a severed relationship with JP Morgan Chase, there’s at…

Market Wrap: Bitcoin and Ether Start the Week Higher

BTC crosses $19,600 at one point but appears likely to continue trading in its recent narrow range. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

Fed Pivot May Not Bring Immediate Relief to Bitcoin

Traders planning to buy bitcoin on the first hint of the so-called Fed pivot may want to consider the tendency of stocks to drop more after the central bank kicks off the easing cycle.

Bitcoin Climbs Over $19.5K Amid Wider Rally in Riskier Assets

BTC was up close to 2% over the past 24 hours, while Ether rose 2.9%.

First Mover Americas: Technical Signs Flashing Green for Bitcoin and Ether, Quant Network's Token Surges 14%

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 17, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

First Mover Asia: A Pan-Asian Digital Currency? Good Luck Getting Rivals to Cooperate; Cryptos Hold Steady in Weekend Trading

Chinese researchers say that such an initiative would increase monetary cooperation and reduce dependency on the U.S. dollar, but that probably isn’t what different countries want.