Day: December 19, 2024

Craig Wright Found in Contempt Over Bitcoin Claims

Craig Wright, the Australian computer scientist who has long falsely claimed to be Satoshi Nakamoto, the pseudonymous creator of Bitcoin, has been found in contempt of court by a London judge. The ruling comes after Wright breached multiple court orders following his defeat in a critical lawsuit brought by the Cryptocurrency Open Patent Alliance (COPA). […]

Donald Trump’s Onchain Footprint Nears $84M in Crypto Revenue

While Donald Trump himself isn’t likely signing transactions on Polygon or Ethereum, his crypto projects are thriving and positioning him as “The First Onchain President.” Analyzing Trump’s NFT collections and his upcoming DeFi platform World Liberty Financial, Trump’s onchain footprint has amassed nearly $84 million in crypto revenue over the past two years. NFT Revenue: […]

CBDC vs Crypto: The Fight for Financial Freedom

The battle between Central Bank Digital Currencies (CBDCs) and cryptocurrencies is more than a debate – it’s a fight for financial freedom and control over money. With over 130 countries exploring CBDCs, this shift could fundamentally change how we spend, save, and manage finances in the digital age. As Pippa Malmgren, member of the Council […]

Solana Faces Bearish Pressure Amid Descending Channel

Solana (SOL) continues to struggle as it remains trapped in a descending channel, reflecting persistent bearish momentum. After failing to hold its recent highs of $280, SOL is now trading near $210, signaling short-term weakness. The 50 EMA is acting as a critical resistance level. Recent price action shows SOL testing this level, but the […]

South Korea Delays Crypto Tax to 2027, Eyes Global Trends

South Korea has reaffirmed its stance to embrace cryptocurrencies amid ongoing political turbulence. On December 18, a government representative stated: “The government is not negative on cryptoassets. As regulations and related systems are still in the process of being built, we decided to defer [the crypto tax].” This announcement follows significant political challenges, including the […]

Crypto Market Sell-Off Wipes Out $787M in Liquidations

The cryptocurrency market witnessed a sharp sell-off, leading to a staggering $787 million in liquidations across various digital assets. According to CoinGlass data, Dogecoin (DOGE) was one of the hardest-hit assets, with $29 million liquidated in the past 24 hours alone. Bitcoin and Altcoins Face Downturn The sell-off was triggered by macroeconomic concerns and widespread […]