Founder of Binance, Changpeng Zhao Gets 4 Months in Prison
During a hearing in Seattle, Federal Judge Richard Jones cast doubt on the Justice Department’s request for a “years-in-prison” sentence, arguing that there is no proof that the defendant “was ever aware” of any illegal activities at Binance. “I cannot…
Bitcoin Could Jump to $120K
The rise of bitcoin (BTC) in the coming months is likely to be driven by international politics and the hunt for an investment hedge, even after a 10% weekly decline in confidence in the biggest cryptocurrency, according to some traders….
Miners of Bitcoin may dump $5B worth of BTC
An analyst estimates that following the halving, bitcoin miner sales could total up to $5 billion over the course of four to six months. A market analyst believes that, similar to past cycles, there may be a significant withdrawal of…