[ad_1] Craig Wright, the computer scientist who claims to be Satoshi Nakamoto, the elusive creator of Bitcoin, was sentenced on Thursday to one year in prison by a UK judge for contempt of court. This decision, issued by Justice James Edward Mellor, follows a thorough analysis of Wright’s conduct, which the court ruled included “significant and persistent falsehoods” about his status as Bitcoin’s founder. The sentence, however, is suspended for two years, meaning that Wright will only serve time if he commits further offenses during this probationary period. Craig Wright’s Legal Woes Deepen This ruling stems from a high-profile case…
Author: dfrancis36
[ad_1] Key Takeaways:Bitwise launched a Solana staking ETP, BSOL, across Europe. It comes at an attractive annual yield of 6.48% and at a competitive management fee of 0.85% to ensure it stays ahead of its competition.A focus on a European launch was pragmatic, based on seizing whatever opportunities existed while awaiting such regulatory changes in the United States.Bitwise remains optimistic for the future of Solana ETFs in the U.S., readying for the launch and predicting robust crypto market growth.Bitwise Announces Strategic European LaunchThe launch of the Solana Staking ETP in Europe by Bitwise has shown that it can bend and…
[ad_1] A member of the South Korean national legislature could possibly face imprisonment for allegedly misdeclaring his cryptocurrency holdings. State prosecutors recommended that the legislator be sentenced to a six-month jail time for not disclosing a significant portion of his crypto assets, and failing to adhere to the South Korean policy on transparency and accountability of public servants. Prison Sentence A state penitentiary might be awaiting Kim Nam-kook, a member of the South Korean National Assembly, for non-disclosure of all his cryptocurrency holdings, violating the country’s code of ethics for public officials. State prosecutors accused Kim of deliberately failing to…
[ad_1] A decentralized real estate trading platform built on smart contract platform Solana (SOL) saw its price rise and dip after gaining support from Coinbase. Two days ago on the social media platform X, the top US-based crypto exchange platform said it had added Parcl (PARCL), a decentralized exchange (DEX) that lets users trade and invest in real estate using synthetic assets without the need to physically own any property. Synthetic assets are tokenized, blockchain-based representations of real-world assets, such as securities and real property that can easily be swapped. News of the addition caused the token to dip in…
[ad_1] Este artículo también está disponible en español. Bitcoin has observed a plunge during the past day. Here’s the nearest on-chain level that the asset would end up retesting if the drawdown elongates. 1 Week To 1 Month Bitcoin Holders Have Their Realized Price At $97,900 As pointed out by CryptoQuant author Axel Adler Jr in a new post on X, the Realized Price of the 1-week to 1-month-old BTC investors is the closest support for the asset right now. Related Reading The “Realized Price” here refers to an on-chain indicator that, in short, keeps track of the cost basis or…
[ad_1] A certified Chartered Market Technician (CMT) analyst recently shared a chart discussing the XRP price potential for a bullish surge. Basing his projections on key technical indicators, the analyst believes that the XRP price rally still has a long way to go before it reaches overbought levels. Technical Indicators Signal XRP Price Bullish Reversal CMT-certified crypto analyst Tony Severino took to X (formerly Twitter) on December 18 to highlight the potential for an XRP price bullish reversal to the upside. The analyst points to the combination of historical technical signals and tightening Bollinger Bands (BB) as an indication of…
[ad_1] Este artículo también está disponible en español. Two days ago, a crypto analyst accurately forecasted a Dogecoin price crash, which has since taken place. According to the analyst’s latest projections, Dogecoin is poised for a steeper decline, with an anticipated 30% crash from its current trading price. Analyst Forecasts 30% Price Crash The Dogecoin price has crashed to $0.35, marking a substantial 14% decrease over the past seven days. Earlier this month, Dogecoin was trading above $0.4 after experiencing a sharp rise driven by the positive market sentiment fueled by Donald Trump’s victory in the US Presidential elections. Related…
[ad_1] According to Whale Alert, the average profit per BTC is at an all-time high of $67,088, at the time of writing. “The Potential Profit per Token graph shows the potential profit that holders could make per token if they sold at a specific time,” Whale Alert’s website explains. Whale Alert has further calculations on this metric that can be found here.To put this in perspective, this is more than the average American salary in 2024, which is $62,027. Imagine watching your savings grow and outperform your own yearly salary just for owning one bitcoin.Every day, you trade hours of…
[ad_1] Key Takeaways:Deutsche Bank is developing an Ethereum-based Layer 2 blockchain using ZKsync in a way that will enhance the level of compliance in regulated financial systems.The initiative, known as Project Dama 2, is aimed at further streamlining transactions, increasing security, and giving regulators better tools with which to oversee operations.This move underlines the growing effort of major financial institutions to adopt blockchain technology in their traditional framework.Deutsche Bank has taken one step further in the blockchain space with the introduction of a new project on Ethereum, called Project Dama 2, focusing on creating a Layer 2 (L2) blockchain using…
[ad_1] On Wednesday, December 19, 2024, Foundation announced the release of its newest device, the Passport Prime.Introducing Passport Prime – Your Personal Security Platform!We’re thrilled to present Passport Prime, the world’s first personal security platform designed to secure your Bitcoin and your entire digital life. Think: A Swiss Army Knife for your online security. pic.twitter.com/3HH2eG7vhU— FOUNDATION (@FOUNDATIONdvcs) December 18, 2024 The device offers a broad range of features that not only help users secure the keys to their bitcoin but other digital information, as well.FeaturesFor starters, the Passport Prime offers the same bitcoin wallet capabilities as the company’s second generation…