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news-imageDecember 20, 2024

Craig Wright Dodges Two-Year Jail Sentence After Contempt of Court Ruling for Continued Bitcoin Lawsuits

Craig Wright, the Australian computer scientist who falsely claimed to be Bitcoin's creator, Satoshi Nakamoto, has been sentenced to 12 months in jail, suspended for two years.
Publisher: CoinMarketCap
Sentiment: Negative
BTC

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Negative
cover-imageCoinPedia
December 20, 2024

Why Crypto Market is Down Today? Bitcoin below $95,000

Bitcoin has sent the community in shock by nose diving 11.25% in the past 3 days. It lost almost $12,000 from its value and is currently trading at $94,715 and the crypto market faced a $1.10 billion liquidation. This is a great time for bears while long traders are paying hefty prices.

Neutral
cover-imageCryptopolitan
December 20, 2024

Is Xi Jinping letting its territories outside mainland China invest in what he can't? Gambling and Bitcoin in play

On Friday, Chinese President Xi Jinping emphasized the need for Macau to prioritize economic diversification as its “first” objective during a three-day visit to the Chinese gambling hub. The trip marked the 25th anniversary of Macau's handover from Portugal, as the city aims to expand its role within China's mainland economic framework.

Positive
cover-imageBitcoin
December 20, 2024

Hybrid L2 BOB Leverages Babylon for Bitcoin Finality

Build on Bitcoin (BOB), a hybrid Layer two (L2) blockchain combining Bitcoin and Ethereum's features, has integrated with Babylon, a bitcoin (BTC) staking protocol, to achieve Bitcoin-Secured Network (BSN) status. Babylon Collaboration Expands BOB's Bitcoin Defi Ecosystem According to BOB's announcement shared with Bitcoin.

Negative
cover-imageCoinPedia
December 20, 2024

Crypto Crash Alert: Bitcoin Slips Below $96K, Altcoins Tumble

The crypto market took a sudden hit as El Salvador struck a $1.4 billion deal with the IMF. The country agreed to bring some adjustments to its Bitcoin Policy, and this news shook the market. This created waves of bearish momentum causing all major cryptos to plummet while memecoins maintained their course.

Negative
cover-imageBenzinga
December 20, 2024

Gordon Johnson Revives Charlie Munger's Criticism Of Bitcoin As 'Rat Poison,' Calls It 'Worthless' With BTC Falling Below $100,000: 'Purely Speculative Tulip That's In A Bubble'

GLJ Research CEO Gordon Johnson intensified criticism of Bitcoin (CRYPTO: BTC) on Thursday, echoing late Berkshire Hathaway Inc. Vice Chairman Charlie Munger‘s skepticism and targeting major financial institutions for their role in cryptocurrency markets. What Happened: “Bitcoin, as Charlie Munger said, is rat poison,” Johnson wrote on X.

Negative
cover-imageProactive Investors
December 20, 2024

Bitcoin slips below $100,000

Bitcoin (BTC)'s foray into the $100,000-plus zone came to a screeching halt yesterday evening when the world's largest cryptocurrency fell nearly three percentage points against the US dollar. It was the second day of sizable losses following a 5.6% dip on Wednesday.

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