Crypto News Roundup : • Bitcoin’s Price Movements: Bitcoi | Bitcoin & Crypto Trading

Crypto News Roundup :

• Bitcoin’s Price Movements: Bitcoin climbed above $73,000, reversing previous losses after $360 million in liquidations. Spot bitcoin ETFs saw record inflows, indicating bullish market sentiment.
• Ethereum’s “Dencun” Upgrade: Ethereum’s anticipated “Dencun” upgrade went live, enhancing layer-2 networks like Arbitrum and Polygon by making data storage cheaper and boosting network functionality.
• Coinbase’s $1 Billion Debt Offering: Coinbase plans to raise $1 billion through a convertible debt offering, following MicroStrategy’s strategy to fund acquisitions without affecting stock prices.
• U.S. IP Laws & NFTs: The U.S. Patent and Trademark Office and Copyright Office concluded that current intellectual property laws do not need updates to accommodate NFTs.
• Roman Sterlingov’s Conviction: Roman Sterlingov, operator of the Bitcoin Fog crypto mixer, was convicted on four charges related to money laundering. His defense team plans to appeal, citing jurisdiction issues.
• Blockchain Analysis in Court: The case against Sterlingov highlighted debates over the reliability of blockchain analysis tools like Chainalysis’ Reactor software, with questions about its accuracy and scientific validity.

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