Bitcoin Development Company Layer 2 Labs Raises $3M to Bring Drivechains to Network
The round, which was funded by angel investors, will provide capital for the company to implement innovative sidechain systems on the Bitcoin network.

Bitcoin Gains 2%, Stocks Drop as Bank of Japan Allows Benchmark Bond Yields to Rise
The BOJ unexpectedly lifted the cap on the 10-year Japanese government bond yields to 0.5% from 0.25%, ending the prolonged period of near-zero yields.

First Mover Asia: Taiwan's Dreams of Becoming Blockchain Hub Prove Elusive
Taiwanese law makes it difficult for startups to incorporate on the island, explains a Taipei-based lawyer, meaning many locally based firms legally call another place home.

Crypto Markets Today: Binance.US to Buy Voyager Digital's Assets; Bitcoin Slides Into the Red
Top assets in the crypto market slid around 1%.

Could FTX Collapse Trigger a Crypto Domino Effect?
Bitcoin (BTC) is trading flat around $16,500 as concerns linger that FTX's collapse could trigger a domino effect in the crypto industry. Tactive Wealth Advisor Eddy Gifford shares his bitcoin outlook and investment strategies as the strategist predicts the bottom is close for the largest cryptocurrency by market capitalization.

Crypto Markets Analysis: Bitcoin Correlations Show Dollar Still Rules (in the Inverse)
Bitcoin's relationship with the U.S. Dollar Index returns to form, with macroeconomic factors continuing to drive crypto prices.

The 10 Biggest Developments in Bitcoin in 2022
Whether it's the Taro upgrade or growth in the Lightning Network, Bitcoin has seen steady progress this year, says Cory Klippsten, Tomer Strolight and Sam Callahan of Swan Bitcoin.

First Mover Americas: Grayscale Explores Options to Return Portion of GBTC
The latest price moves in crypto markets in context for Dec. 19, 2022.

Polychain Leads $7M Funding for Hardware Wallet Developer Foundation Devices
The Bitcoin-focused startup offers the Passport hardware wallet and Envoy mobile app.

Crypto Options Market Has Become More 'Interdealer' Since FTX's Blowup: Paradigm
Market makers' share of crypto options trading volume settled through OTC platform Paradigm has increased as hedge funds, family offices and high-net worth individuals sit on the fence. The situation may persist for some time.
