{ }
Craig Wright received a one-year suspended sentence and a £145,000 fine for contempt of court after defying a ruling to cease legal actions against Bitcoin developers. Despite previous court dismissals of his claims to be Satoshi Nakamoto, Wright continued to file lawsuits worth over $1.2 trillion, leading to accusations of causing distress and harm to the cryptocurrency community. He plans to appeal the sentencing while maintaining his controversial assertions.
Google's new quantum computing chip, Willow, promises to revolutionize processing power, solving complex problems in minutes that would take traditional supercomputers billions of years. This advancement poses a potential threat to cryptocurrency encryption, particularly Bitcoin, as quantum computers could eventually crack existing algorithms. Meanwhile, Satoshi Nakamoto's Bitcoin holdings have surged in value, making him one of the world's richest individuals, raising concerns about market stability if he were to sell.
BlackRock's recent video on Bitcoin has reignited the debate over its fixed supply cap of 21 million, stating there is "no guarantee" it won't change. While some argue that altering the supply would redefine Bitcoin, others believe a consensus among the community could lead to a hard fork, resulting in a new version of the cryptocurrency. However, many assert that such a change would fundamentally alter what Bitcoin represents, as its inflation cap is central to its identity.
Roger Ver, founder of Bitcoin Cash, appeared in a 40-minute interview with Tucker Carlson, where he criticized Bitcoin and discussed his legal troubles, including accusations of tax evasion. His comments led to a surge in Zano's market cap from $80M to $180M, despite Bitcoin Cash and Verse being significantly down. Ver framed his situation as a fight for free speech and financial independence, urging public support against what he views as government overreach.
Bitcoin reached a new all-time high of $108,135 before settling at $107,020, marking a nearly 12% increase over the past week. The surge in interest follows President-elect Donald Trump's victory, with speculation about a potential U.S. Bitcoin reserve. Meanwhile, XRP gained over 6% amid the launch of Ripple's RLUSD stablecoin, trading at $2.63.
The crypto market is on a trajectory to reach a $10 trillion market cap, driven by technological advancements, institutional adoption, and regulatory clarity. Trading platforms play a crucial role in this growth, enhancing accessibility and efficiency for users. However, challenges such as price volatility, security risks, and regulatory constraints remain significant as the market evolves. Future developments, including central bank digital currencies and asset tokenization, promise to reshape the financial landscape, but geopolitical tensions and economic downturns could pose threats to this expansion.
U.S. spot Bitcoin ETFs have surpassed Satoshi Nakamoto's holdings, amassing 1.1 million BTC, about 5.2% of the total supply, in under a year. Meanwhile, Ethereum ETFs, with $13.6 billion in assets, are gaining traction, potentially rivaling Bitcoin's dominance. The rise of these ETFs is boosting institutional adoption of cryptocurrencies and drawing attention to emerging projects like Lunex Network, which has raised $5.2 million in presale, promising fast and affordable transactions across 40 blockchains.
Dogecoin is experiencing a resurgence, recently hitting a three-year price high, fueled by broader market trends and endorsements from figures like Elon Musk. Gamers can immerse themselves in the Doge universe through various titles, including the Ethereum-based battle royale game OpenSeason, which features a custom Doge-themed biome, and the trading card game Raini: The Lords of Light, which includes Dogecoin references. Other notable games include Super Doginals, a retro-style brawler, and Decentraland, which has introduced AI-powered Doge NPCs, showcasing the meme's enduring popularity in the gaming world.
A Japanese lawmaker, Satoshi Hamada, has proposed the creation of a national Bitcoin reserve, submitting a formal request to the National Diet. This initiative follows similar proposals from lawmakers in countries like Russia, Brazil, and the U.S., amid Bitcoin's recent surge to over $103,000. While Hamada's party holds limited seats, support from influential figures like Yuichiro Tamaki may bolster the proposal's chances.
A Texas man, Frank Richard Ahlgren III, was sentenced to two years in prison for underreporting over $1 million in capital gains from Bitcoin sales totaling $4.35 million. He misled his accountant and used various techniques to conceal his profits, including cash exchanges and crypto mixers. This case marks the first U.S. criminal tax evasion prosecution focused solely on cryptocurrency.
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

MachinaCore is a highly modular and scalable system that allows users to build custom widgets and tools tailored to their specific financial data needs, while seamlessly integrating with other MachinaLabs products, like Machinary, MachinaAI Modules and MachinaTrader.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.