ALSO: CoinDesk analyst Glenn Williams explains the significance of bitcoin funding rates’ 10-day, positive streak; bitcoin rebounds above $24K. Author: James Rubin, Glenn Williams

For the full year, Block’s bitcoin revenue declined 29% from 2021 due to the fall in the price of bitcoin, the company said. Author: Nelson Wang

The Federal Reserve and other U.S. banking agencies are warning banks that crypto poses significant liquidity dangers, according to a joint statement issued Thursday, further reinforcing their campaign to generally steer lenders away from digital assets. Author: Jesse Hamilton

In wave theory, market trends unfold in five waves, three of which represent the primary trend and the other two mark partial retracements within the primary trend. Bitcoin’s year-to-date rally seems to be a retracement wave ahead of the final leg lower, QCP Capital said. Author: Omkar Godbole

The NFT-linked feature is currently only available for Android users in the U.S., U.K., Germany, Australia and New Zealand. Author: Rosie Perper