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The Latest Breaking News from Bitcoin

Craig Wright, who falsely claimed to be Bitcoin inventor Satoshi Nakamoto, is hit with suspended prison sentence for contempt of court

The U.K. High Court ruled Wright violated a court order that required him to stop saying he was Nakamoto and taking legal action based on that claim.

Fortune

AI Mafia Demands £10k After Attacking London Eatery With Fake Reviews, Tanking Their Google Rating

An 'AI mafia' extorted a London restaurant with fake negative reviews, demanding £10,000 in Bitcoin. The restaurant fought back with Google's help.

International Business Times UK

MicroStrategy Joins Nasdaq-100: 2 Crypto Stocks Set to Win

Most cryptocurrency traders have focused on MicroStrategy stock lately, with the latest trends suggesting it'll be added to the NASDAQ 100.

MarketBeat

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Bitcoin slumps as Fed signals caution

Bitcoin dropped from record highs after Jerome Powell said the Federal Reserve is "not allowed" to own it

Salon

Is MicroStrategy Stock a Buy, Sell, Or Hold Ahead of Its Nasdaq-100 Inclusion?

Down over 30% from all-time highs, MicroStrategy is a BTC proxy that trades at a discount to consensus price targets in December 2024.

Barchart

Bitcoin Plunges To $93,000 Days After Hitting All-Time High

The cryptocurrency was valued at $108,000 earlier in the week.

International Business Times

El Salvador Plans To Sell Or Shut Its Crypto Wallet

The announcement came after the Central American nation's government reached a $1.4 billion loan deal with the International Monetary Fund that addressed its controversial embrace of bitcoin.

Latin Times

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'Welcome To Bitcoin, Newbies': HODL Trends On X Amid Crypto Market Crash

The crypto market is in the red, and as many new holders get panicky about the development, veteran crypto owners are encouraging the community to "HODL" and not be emotional about crypto's plunge.

International Business Times

Craig Wright Is Still Wrong: UK Judge Finds Self-Proclaimed Satoshi Nakamoto In Contempt Of Court

Craig Wright was found in contempt of court for continuing to insist that he is Satoshi Nakamoto, the creator of the Bitcoin – he has also been sentenced to one year in jail.

International Business Times

Is Consolidation in Silver Bullish?

Silver futures traded to the highest price since October 2012, reaching $35.07 per ounce in October 2024. While silver has pulled back, the price remains over the $30 level in late 2024 and could be on a path to challenge the 2011 and 1980 highs in 2025.

Barchart

IMF Pressures El Salvador To Stop Pushing Bitcoin

In exchange, the government is getting a $1.4 billion loan.

Reason

Man who falsely claimed to be bitcoin creator sentenced for continuing to sue developers

Craig Wright given one-year suspended sentence for breaching court order to stop suing bitcoin developers

The Guardian - UK

Bitcoin Imposter Found In Contempt, Sentenced To Prison

Australian computer scientist Craig Wright sentenced for contempt of court related to false claims of being bitcoin founder Satoshi Nakamoto.

Top News

Computer scientist who falsely claimed to be Bitcoin founder avoids jail in UK

Dr Craig Wright told the court he was in Asia but refused to specify which country

The Independent UK

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Evening Standard

Computer scientist behind false Bitcoin founder claim sentenced for contempt

Dr Craig Wright was given a suspended sentence after being found to have committed a ‘flagrant’ breach of a High Court order.

The Independent UK

Australian who falsely claimed to have invented bitcoin is found in contempt of UK court

An Australian computer scientist who falsely claimed to be the founder of the bitcoin cryptocurrency has been found to have committed contempt of court by breaching an order of London’s High Court

International Business Times

Bitcoin Crash – Did Powell's Comments On US $BTC Strategic Reserve 'Nuke' The Market?

Bitcoin has shed some $4,000 overnight after Fed Chair Jerome Powell said the U.S. central bank isn't allowed to own $BTC, which is a fact that may have affected optimism in the crypto market.

International Business Times

Bitcoin Country No More? El Salvador Bends To Secure IMF Loan

El Salvador has reached an agreement with IMF staff to secure a $3.5 billion funding package, but not without consequences that could hit Nayib Bukele's grandiose vision of a "Bitcoin country."

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inkl

How to Use DDB Miner to Deal with Bitcoin Volatility

What people really want to know is, will bitcoin have a pullback that lets them allocate to the space at lower levels? The answer is, yes, probably. Bitcoin is volatile, and we should expect to see sharp pullbacks.

Fortune

Solana and XRP in line for ETFs in 2025, Bloomberg analysts say

Analysts predict “a wave of cryptocurrency ETFs” under incoming SEC chair Paul Atkins.

International Business Times

Luxury Brands Consider Accepting Crypto For Payment

As Bitcoin's value rises to a staggering $108,000, luxury brands are exploring accepting cryptocurrency payments to attract wealthy customers and connect with crypto investors.

Fortune

Luxury brands embrace cryptocurrency as Bitcoin surges from Trump’s election

Ferrari launched crypto payments on its ultra-luxury cars last year in response to demand from dealers and buyers who were also crypto investors.

Evening Standard

Computer scientist behind false Bitcoin founder claim facing contempt case

Dr Craig Wright was found to have ‘lied extensively’ about his claim to be the founder of Bitcoin following a trial earlier this year.

International Business Times

Next Senate Banking Committee Chair Sees Crypto As A Potential Catalyst For Financial Democracy

Sen. Tim Scott will lead the Senate Banking Committee in 2025, and he has promised to champion change for the crypto industry, particularly on policies that stifle innovation at home turf.

International Business Times

$LTC, $HBAR ETFs To Get Approved First In 2025 Before $SOL, $XRP?

ETF experts at Bloomberg believe new crypto ETFs will be approved in 2025, but it may be bad news for those waiting for $SOL and $XRP ETFs.

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