Gary Harmon, a 31-year-old Ohio man, is set to appear at a plea agreement hearing in federal court in Washington DC on December 22 after stealing 713 Bitcoins (BTC) from the United States Internal Revenue Service (IRC) evidence locker room.

Miner revenue per Exahash has been dropping sharply since the beginning of the year. Revenue denominated in USD has seen significantly more volatility, spelling trouble for those that decided to sell their BTC holdings. On-chain data clearly shows miners have been capitulating en masse throughout the year. However, this doesn’t mean that they have been selling all their BTC. Also, Data analyzed by CryptoSlate shows that there has actually been a notable decrease in the amount of BTC miners have been selling since the beginning of the year. (cryptoslate)

Jamie Dimon compared crypto assets to pet rocks. He argues they are decentralized Ponzi schemes. Should we pay attention to his warnings?

Crypto-friendly banks are increasing in number throughout the United States after years of avoidance.

Bear markets are a time for investors to reassess their goals and strategies, and to learn more about the cryptocurrency industry.

The limiting or “asymptotic” result of such an evolutionary trend would be in effect “ideal money”

Matthew Sigel, the head of digital assets research at global investment behemoth VanEck, said Bitcoin (BTC), the largest cryptocurrency by market capitalization, could fall to either $10,000 or $12,000 price region in the first quarter of 2023.

Gary Harmon, a 31-year-old man from Ohio, is set to plead guilty after being charged with stealing 713 bitcoins stored in a Trezor hardware wallet seized by the US government. Garry was arrested in July 2021 and arraigned on money laundering charges, among other crimes, after the bitcoins (worth around $5 million) were stolen remotely “as authorities looked on helplessly.”

Cryptocurrencies suffered a second day of losses after the Federal Reserve approved a lesser interest rate hike than previous ones this year on Dec. 14. The Fed has raised interest rates by 75 basis points four times this year to curb inflation, which is currently at a 40-year high in the United States.

The cryptocurrency market took a beating in Friday’s trading session, shedding upwards of $20 billion in 24 hours as BTC dips below $17K.