Crypto News

Craig Wright Found in Contempt of Court for False Claims The Case Against Craig Wright Craig Wright, a computer scientist who fraudulently claimed to be the founder of Bitcoin, has recently been found to be in contempt of court by a London judge. This comes after he breached a series of court orders following a…

The Impact of Fed’s Hawkish Comments on Bitcoin and Altcoins Downtrend Triggered by Fed’s Hawkish Comments The crypto market felt the aftershock of the latest 25 bps cut and the Fed’s hawkish comments on Bitcoin hurt Bitcoin price and the other altcoins within the market. Seems that the downtrend triggered large whale sell-offs, commonly referred…

MARA Holdings Purchases $1.53 Billion Worth of Bitcoin Introduction MARA Holdings, a leading technology company, recently made a significant investment by purchasing 15,574 bitcoin worth $1.53 billion. This purchase was made possible using the proceeds from its zero-coupon convertible notes offerings. In addition to the bitcoin purchase, MARA also repurchased around $263 million of its…

Shiny Bitcoin Surpassing Gold? The Crypto Craze Continues Have you heard the news? The world of cryptocurrency is on fire, with Bitcoin leading the charge towards a potential takeover of the gold market. It seems like just yesterday that everyone was talking about the approval of the spot-bitcoin exchange-traded fund by the SEC in January,…

Coinbase Dismisses Lawsuit Over wBTC Delisting Coinbase has successfully dismissed a lawsuit from BiT Global, linked to Justin Sun, aimed at blocking the delisting of Wrapped Bitcoin (wBTC). The court sided with Coinbase’s concerns over customer protection and asset integrity. Background BiT Global, a company linked to Justin Sun, filed a lawsuit against Coinbase to…

Welcome to the Quirky World of Bitcoin in El Salvador! El Salvador Embraces Bitcoin El Salvador recently made headlines by agreeing to adjust its Bitcoin policies as part of a $1.4 billion loan arrangement with the International Monetary Fund (IMF). In a statement released on Dec. 18, the global financial regulator announced that a staff-level…

The Big Impact of Crypto.com’s Recent Decisions A Bright Future for Cronos (CRO) The price of Cronos (CRO) saw a dramatic 16% increase following a high-profile meeting between Crypto.com CEO Kris Marszalek and U.S. President-elect Donald Trump on December 17, 2024. This rally was further fueled by Crypto.com’s decision to drop its ongoing lawsuit against…

Cryptocurrency Company’s Shares Soar on Trump Acquisition Rumors What Happened Bakkt Holdings (NYSE:BKKT) recently experienced a significant surge in its stock price following reports of a potential acquisition by President-elect Donald Trump’s Trump Media & Technology Group (NASDAQ:DJT). The company’s shares nearly tripled in just one month, closing at an 11-month high of $32.44, representing…