Dressed in formal attire, Wright refuted claims that Satoshi (a pseudonym for Bitcoin's founder) was a hoax. He claimed that the documents supporting Satoshi's claim, including the Bitcoin white paper, were fake. Wright denied Satoshi's claims and clarified the ambiguities in the present arguments with his lawyers. The court is currently examining the evidence and various allegations related to this case, and Wright is in the interrogation stage.
Bitcoin price may reach $280,000. These predictions are based on Bitcoin price patterns and cycles. However, these expectations are wider and may be realized by the end of 2025. These predictions indicate an upward trajectory, but the cryptocurrency market is dynamic and no prediction is certain. Also, emphasizing the importance of Bitcoin halving and expecting more returns in future periods are among the statements made by experts in this field.
Cathy Wood says that the replacement of gold for Bitcoin is now underway The CEO of ARK Invest expects this trend to continue now that investors can trade Bitcoin in a more accessible way through Bitcoin ETFs. ARK Invest Investors Are Moving From Gold to Bitcoin After Launch of Bitcoin Exchange-Traded Fund (ETF) Bitcoin has been rising against gold. There is now an alternative to Bitcoin and we think it will continue to be now that there is a less frictional way to access Bitcoin. Bitcoin to Gold (log) chart shared by Wood's ARK Invest. Source: YouTube Like gold, Wood expects Bitcoin It proves to be a risky asset when the banking sector shows signs of weakness The market witnessed this firsthand in March 2023 when the US experienced a "regional banking crisis" that caused the price of Bitcoin to rise by 40%, CEO ARK Invest said. Stating that the regional bank index was collapsing, he said: The regional bank index is still increasing. According to the Longtermtrends report, the one-year correlation between Bitcoin and gold is currently 0.80, the highest it has ever been. #sanor016CommUNITY
It looks like the US government is getting close to mining Bitcoin
A Department of Energy survey to collect data on the energy consumption of cryptos can be used to justify the position that blockchain creates “public harm”.
The US Department of Energy (DOE) is scrutinizing Bitcoin {BTC} mining. Is this cause for alarm?
Specifically, the Energy Information Administration (EIA), a statistical agency under the DOE, will review the electricity consumption of select U.S.-based miners over the next six months starting next week, after issuing an "emergency set of data requests."
This is an excerpt from The Node newsletter, a daily digest of the most important cryptocurrency news on CoinDesk and beyond. You can subscribe to receive the full newsletter here. Given the wording of an "emergency" order and the current administration's critical stance, many are concerned that the information collected could be used to inform policies potentially harmful to the mining industry. In its public filing, the EIA notes the potential for "public harm" from mining cryptocurrency for data collection. #sanor016CommUNITY #Write2Earn #BTC #BTCETF #Write2Earn
Bitcoin remains flat as traders look forward to the 'Year of the Dragon'
Market enthusiasts expect the Year of the Dragon to bring good fortune to the cryptocurrency market, but more traditional analysts advise caution.
Bitcoin (BTC) traded above $42,000 early Monday, according to data from CoinDesk Indices, while the CoinDesk 20 {{CD20}} index fell 0.75 percent to 1,643, as the East Asian nation's last pre-lunar business days. reverse the New Year holidays.
Over the next few days, East Asia will celebrate the beginning of the Year of the Dragon, one of the luckiest and most prosperous animals in the Chinese zodiac.
Federal Reserve Chairman Powell says the US is on an "unsustainable fiscal path" as the debt burden mounts
Powell said the Fed needs "more confidence" in the U.S. economy before it can begin cutting interest rates
Federal Reserve Chairman Jerome Powell warns that the United States is on an "unsustainable fiscal path" and that debt is already outpacing growth in the economy as a whole.
In a Jan. 4 interview with 60 Minutes, Powell said it's "past time" for US elected officials to start a "grown-up discussion" about reducing debt levels in the economy.
In the long term, the United States is on an unsustainable fiscal path. Powell said the US federal government is on an unsustainable fiscal path, which means the debt is growing faster than the economy.
Bitcoin price
Bitcoin
$43,141
It fell late last week when the Federal Reserve kept interest rates on hold between 5.25% and 5.50%, and the central bank dashed hopes of any rate cut in March, saying it needed "further assurance" that inflationary pressures would be contained before Doing so is countered
Binance freezes $4.2 million in XRP due to hacking of Ripple co-founder's wallet.
Cryptocurrency exchange Binance has frozen $4.2 million in XRP from a $112 million hack of Ripple co-founder Chris Larsen's personal wallet on January 31. This information was released by Binance CEO Richard Teng.
Hello everyone, in the new update of Binance, you can copy trade, that means copy trading has been activated, and you can copy trade from other people. How and where to find copytrade on Binance
First: You open your own Binance account Second: Go to the futures page Third: I stayed at the bottom of the photo, for you it is written on the top right side, copy trading, click on it
Tip: If you don't understand how to do copy trading, you can go to Sanor016's YouTube channel and watch the video of copy trading in Mixi exchange, it doesn't matter, it's the same in Binance.