What recent news is related to market manipulation?
1: The U.S. Department of Justice has received approval from the Northern District Court of California to sell 69,370 bitcoins seized from the illegal dark web market 'Silk Road.' At a price of $94,000 per bitcoin, this potential sell-off approaches $6.5 billion, but it remains unclear when the Department of Justice will release these bitcoins into the market.
2: Musk stated that if the issue of dollar inflation is resolved, and other conditions remain unchanged, the dollar price for purchasing cryptocurrencies would actually decrease. Following his remarks, Bitcoin dropped from $102,000 to $96,000 on Tuesday.
3: On January 9, 2025, Peng Jinlong, head of Taiwan's financial regulatory authority, announced that the draft law on virtual assets has been completed and will enter a public hearing process, with plans to submit it to Taiwan's administrative authority by June 30. This does not necessarily mean that Bitcoin will be legalized in Taiwan; its legalization will depend on the specific content of the draft law and future policy directions.
