Craig Wright's admission during the COPA trial about editing the Bitcoin white paper is a pivotal moment in the ongoing saga surrounding the true identity of Satoshi Nakamoto, Bitcoin's pseudonymous creator. Wright, an Australian computer scientist, has long claimed to be Nakamoto, a claim that has been met with skepticism and controversy within the cryptocurrency community.The Crypto Open Patent Alliance (COPA) trial seeks to clarify Wright's claims and his contributions to the development of Bitcoin. His admission to editing the white paper is significant because it directly relates to the foundational document of Bitcoin, which outlined the cryptocurrency's underlying technology and philosophy when it was published in 2008.This legal battle is not just about establishing the authorship of the white paper but also about the ownership of the Satoshi Nakamoto identity and the implications that come with it, including potential intellectual property rights and influence over the future direction of Bitcoin. The outcome of this trial could have far-reaching consequences for the cryptocurrency industry, affecting perceptions, the legal standing of foundational documents and technologies, and potentially the control of Bitcoin's sizable Nakamoto-owned bitcoin stash.Wright's various legal actions and claims have sparked debates about the importance of anonymity in the cryptocurrency space, the decentralization of Bitcoin, and the impact of legal systems on the digital asset world. This trial is a key episode in the broader narrative of Bitcoin's history and the ongoing efforts to understand its origins.#Write2Earn $BTC #Bitcoin‬ #CraigWright

A well-known commodity trader believes that Bitcoin (BTC) is set to hit new highs in August 2025.
Peter Brandt, a famous commodity trader, recently announced that he has identified a short-term buying signal for Bitcoin.

Peter Brandt’s Bitcoin Buy Signal Amidst Largest Correction
Peter Brandt, a well-known commodity trader, recently pointed out a short-term buy signal for Bitcoin, which he refers to as a “foot shot” (Friday) pattern on his X social media account.

Source: X
Brandt also highlighted that the current market correction is the largest seen during the ongoing bullish cycle that began in December 2022.
Last Friday, Bitcoin’s price dropped to as low as $53,917, driven by the combined effects of substantial Mt. Gox repayments and significant government liquidations. This drop represents a 27% correction, notably larger than the 21.9% correction Bitcoin experienced in Q3 2023, when it fell from a local peak of $31,862 to $24,900.
Bitcoin’s Price Predictions: Brandt’s Long-Term Outlook
Adam Back, co-founder of Blockstream, recently downplayed the significance of Bitcoin’s recent price dip by comparing it to past bull cycles, which also experienced significant corrections.
Peter Brandt has previously predicted that Bitcoin could potentially reach as high as $150,000 during this bull cycle. This target aligns with forecasts from Fundstrat’s Tom Lee. However, Brandt believes that such a high price is more likely to be achieved by August 2025 rather than this year.

Currently, Bitcoin is trading at $57,478, with bulls having reclaimed some of the lost ground. Brandt’s outlook is based on historical patterns, suggesting that the market may peak in ugust 2025.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

#SAB121 #PolyMarket #MtGox #Venezuela #CraigWright $BTC $ETH $SOL

Despite the tough market conditions, Solana is showing strong signs of a potential bullish reversal. Buyers are taking advantage of lower prices, suggesting that the token could regain important resistance levels if it finishes the day on a high note.
VanEck’s recent Solana ETF filing seems to have supported the token during bearish times, even as Bitcoin struggles below $54,500. Despite an 8% drop, Solana’s price has stayed above a key support level. This indicates growing optimism about crypto, with traders remaining hopeful about Solana’s price rally.

Solana Shows Potential for Bullish Reversal Amidst Market Turmoil
Even if Solana experiences a reversal, it may not start with a sharp recovery. The price needs to close the day’s trade around the current levels and also secure the upper target to mitigate bearish pressure.
Solana’s price is striving to avoid forming another lower low as bulls prepare for a potential bullish rebound. Buying pressure is gradually increasing after enduring significant selling pressure over the past few days. As a result, the token is expected to end the day on a bullish note, which could pave the way for a strong recovery above the crucial resistance at $133 over the weekend.

TradingView
Solana Gains Strong Support, Potential for Bullish Reversal
The daily chart indicates that Solana is receiving robust support from the bulls as they approach overcoming the bearish volume. Despite broader market dynamics, the rally remains intact within the pattern. A daily close above $125 could signal the beginning of a strong recovery. Additionally, the RSI has triggered a bullish reversal, suggesting that the price may soon reach interim highs of $133.
The price zone between $133 and $138 is crucial, as it has provided a strong base during extended bearish periods. Therefore, a bullish close within the range of $125 and $126 could pave the way for a strong recovery above $135 over the weekend. However, failure to close within this range may lead to a drop below $120, potentially extending to $114 and later to $105.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

#SOL #Solana #MtGox #CraigWright #SAB121 $SOL $BTC $BNB

BinaryX plans to burn 74% of its BNX tokens to boost their value and support long-term growth. This move aims to improve the token’s value and benefit the community and investors.

A key community vote is upcoming, highlighting the importance of decentralized decisions. All BNX token holders are encouraged to vote to shape BinaryX’s future.

BinaryX Proposes Deflationary Model by Burning 74% of BNX Tokens
In a groundbreaking move, the prominent Web3 gaming platform BinaryX has announced a community vote to adopt a deflationary model. This plan involves burning 74% of its BNX tokens, which will reduce the token’s maximum supply from 2.2 billion to 580 million if approved. The goal of this shift is to increase the value of the remaining tokens and support the platform’s long-term growth and sustainability.

BinaryX’s strategic decision to embrace a deflationary model underscores its commitment to improving BNX’s tokenomics. By decreasing the total supply, the platform aims to enhance the value of each BNX token, which is expected to benefit both its community and investors. This initiative is part of BinaryX’s broader effort to strengthen its blockchain ecosystem, with a particular focus on the GameFi and Metaverse sectors.
BinaryX Announces Vote on Deflationary Model
BinaryX has announced that the official voting period for its significant decision to adopt a deflationary model will be revealed soon on its official Twitter and community channels. Token holders are encouraged to participate in this crucial vote, which will determine the future direction of the BinaryX ecosystem. This emphasis on community involvement highlights BinaryX’s commitment to decentralized governance and active participation.

The platform, with a focus on GameFi and the Metaverse, is strategically positioned to benefit from this shift. BinaryX, known for its popular blockchain games such as CyberChess, CyberDragon, and CyberLand, operates on the BNB Chain and offers Initial Game Offering (IGO) services.
These services allow game developers to launch their projects on the platform, providing users with early access to innovative games. The transition to a deflationary model is expected to attract high-quality projects and users, further strengthening BinaryX’s position in the blockchain gaming industry.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

#BNX #Binaryx #Bitcoin #CraigWright #EthereumETF $BNX $BTC $ETH