➀ Larry Dean Harmon, the operator of a darknet-based Bitcoin laundering service called Helix, has been sentenced to three years in prison and ordered to forfeit $400 million. ➁ The service, popular among online drug dealers, processed approximately 354,468 bitcoins. ➂ Harmon's sentencing was considered lenient due to his cooperation and guilty plea.
Recent #Bitcoin news in the semiconductor industry
➀ Bitcoin has reached a new milestone, nearing the $100,000 mark after a significant price rally from $80,000 to $90,000; ➁ The rise has been linked to the election of President Trump, with a 30% increase since he was elected; ➂ The price of Bitcoin isn't the only cryptocurrency-related thing rising in value, as shares of the cryptocurrency exchange Coinbase increased by approximately 75%.
1. Bitcoin and Ethereum have significantly diverged in performance since mid-summer; 2. Ethereum lost most of its gains while Bitcoin continued to rally; 3. The Bitcoin to Ethereum ratio has widened to nearly 27, indicating Bitcoin's recent dominance.
➀ A man identified as the creator of Bitcoin denies his involvement; ➁ HBO's documentary suggests Peter Todd as the creator; ➂ The accused believes the documentary is a marketing ploy.
1. Bitcoin's price surged to over $60,000, marking a 37% increase year-to-date; 2. Ether's price drifted higher, ending above $2,300, with a year-to-date decrease of ~0.5%; 3. The SEC approved spot bitcoin ETFs from issuers like GBTC, IBIT, FBTC, ARKB, BITB, BRRR on January 10th.
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