🚨🚨 LOOK OUT BELOW— Bitcoin taps an intraday low of $96,229 | Bitcoin.com on Binance Square

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🚨🚨 LOOK OUT BELOW— Bitcoin taps an intraday low of $96,229 per unit at 2:40 p.m. ET.

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📉 Arthur Hayes, co-founder of Bitmex, warns that the recent crypto market growth may face a "sell-the-news" event around Trump's inauguration. He predicts Trump will devalue the 🇺🇸 U.S. dollar against gold to attract companies back onshore, potentially boosting bitcoin in the long run. However, Hayes is skeptical about a strategic bitcoin reserve being approved, as politicians may prioritize spending new dollars on immediate benefits to secure election wins. This could lead to "buyers' remorse" and a sell-off in crypto. Hayes plans to reduce exposure, aiming to buy back at lower prices in 2025.

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Craig Wright, the man who claims to be Bitcoin’s creator, gets a 12-month suspended sentence 😮 for defying a U.K. court order. He also owes £145K in legal fees 💸. - Wright ignored a court order tied to his Satoshi Nakamoto claims. - Judge ruled Wright showed no remorse, finding him guilty of contempt. - COPA successfully argued his £900B lawsuit broke a 2024 injunction.

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Chainalysis acquires Hexagate to supercharge blockchain security 🔒🚀. AI-driven threat detection now at the forefront of protecting Web3. - Hexagate has saved over $1B in customer funds with real-time threat mitigation. - Machine learning is key to detecting on-chain risks before they escalate. - Chainalysis expands from investigations into proactive blockchain security. Read more about it at Bitcoin․com News!

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🚨🚨JUST IN: The Australian man who claimed for several years to be Satoshi Nakamoto, Craig Wright, has been sentenced to one year in prison, suspended for two years. COPA argued that Wright's lawsuit against Block and others violated an injunction that barred him from filing legal claims based on his assertion of being Satoshi or owning intellectual property rights to Bitcoin. Wright is also required to pay COPA $180,000 to cover costs related to the hearing.

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