Craig Wright, the Australian computer scientist claiming to be Satoshi Nakamoto, faced a rigorous week-long cross-examination. The proceedings, which unfolded in the U.K. High Court, saw Wright defending his assertion against the Crypto Open Patent Alliance (COPA) and a coalition of Bitcoin developers, raising serious doubts about his narrative. Craig Wright’s Battle to Prove He […]
Bitcoin breached the $ 47K threshold on Monday, fueled by growing excitement over the potential launch of a U.S. spot bitcoin exchange-traded fund (ETF). The leading crypto asset kicked off the day at $ 43,247 per unit, then climbed to a peak of $ 47,281 by 2:10 p.m. Eastern Time (ET). Bitcoin …
In recent weeks, Treasury yields have skyrocketed, igniting a Wall Street dispute over whether the precipitous sell-off is now overextended. A small group of prominent investors are wagering that bond prices will bounce back following the abrupt escalation in rates. Hedge Funds Place Bold Wagers Against Treasuries Amid Soaring Yields Analysts at Goldman Sachs and […]