Cointelegraph By Felix Ng

Telsa CEO noted that the sale “should not be taken as a verdict on Bitcoin” and is “certainly open to increasing our Bitcoin holdings in the future.” Source: Coin telegraph bitcoin

Bitcoin’s price had just topped $21,000 at the time of writing — meaning around 45% of BTC holders have an “on-paper loss,” according to Glassnode. Source: Coin telegraph bitcoin

Demirors however said she certainly expects “more pain ahead” for tech stocks and crypto as we head closer to recession. Source: Coin telegraph bitcoin

The crypto community is concerned that the transfer could lead to the dumping of more than $500 million Bitcoin into the market. Source: Coin telegraph bitcoin

A hedge against the traditional market? Nope, crypto assets are now looking closer in risk profile to oil and gas, or EV stocks like Tesla, says Coinbase Institute’s chief economist. Source: Coin telegraph bitcoin

The malware targets Zcash and Ethereum wallets alongside Electrum, Atomic Wallet and Coinomi, it takes your browser extension and login data and reads your chat logs. Source: Coin telegraph bitcoin

Despite the gloomy macro forecasts, some of crypto’s leading pundits view the recent macroeconomic-catalyzed crypto market crash as an overall positive sign for the industry. Source: Coin telegraph bitcoin

Sam Bankman-Fried said that crypto miners did not fit into the company’s core strategy and there is no synergy from an acquisition standpoint. Source: Coin telegraph bitcoin

“Europe’s upcoming crypto-assets policy framework will be to crypto what GDPR was to privacy,” says Circle chief strategy officer Dante Disparte. Source: Coin telegraph bitcoin

A similar decision was also made on Wednesday regarding Bitwise’s Bitcoin exchange-traded product (ETP) citing the same reasons. Source: Coin telegraph bitcoin