Bitcoin

Plus — Binance's CEO gave a news conference at the WebSummit in Lisbon yesterday — and inevitably, talk turned to Elon Musk's Twitter takeover. We're there with the latest.

Also today, does CZ think that central bank digital currencies are going to pose a threat to the crypto space?

Federal Reserve Chairman Jerome Powell warned: "It's very premature, in my view, to think about or to be talking about pausing our rate hikes. We have a ways to go."

The business intelligence firm is vowing not to sell any Bitcoin... but it's buying a lot less than it used to.

But in a reflection of a challenging bear market, MicroStrategy snapped up just 301 BTC in the most recent quarter — a stark contrast to the 9,000 BTC it bought a year ago.

But not only was the BTC purchased using public funds, El Salvador’s president tweeted each time he purchased the cryptocurrency.

The change in momentum has also been welcome news for crypto-related stocks, with Coinbase's share price rallying by 13% on Tuesday.

Also today, crypto personality Layah Heilpern has blocked fellow Bitcoin podcaster Peter McCormack after a row on Twitter.

Judge Helen Engebrigtsen ruled that Hodlonaut, whose real name is Magnus Granath, is not liable for damages as a result of the posts he made on Twitter.

Dr. Wright's lawyer is vowing to appeal, and said: "Anonymous online bullying and harassment risks having a chilling effect on meaningful debate and the civil exchange of views and opinions."

Over a year after BTC was adopted as legal tender, 76% of those polled said they had not used Bitcoin to make purchases or payments so far this year.

In other developments, a Finder panel of 55 fintech and crypto specialists has projected that Bitcoin will be worth $21,344 by the end of 2022 — skyrocketing to $79,193 by 2025.

Bitcoin's hash rate is continuing to rise, and heightened demand for energy in this industry is coinciding with fears that parts of Europe could suffer blackouts during the colder months.

Curtis "Cocky" Warren, who once had a net worth of $227 million, has been told he could face another five years in jail if he breaks this rule.

Speaking to CoinMarketCap, the former politician said he's against CBDCs, and called on Bitcoiners to educate politicians so "sensible regulation" is achieved.

FT columnist Jemima Kelly and former Alphaville editor Izabella Kaminska pushed back on the idea that critical articles written about Bitcoin amounted to "FUD."

Izabella Kaminska said this is part of a "broader media problem" — and it isn't just specific to the cryptocurrency space.

CoinCorner's CEO told CoinMarketCap that rising interest rates, mortgage payments and energy bills mean that there are distractions from crypto adoption in the U.K.