NFT News Today TheBittimes.com

Bitcoin is closing on $100,000 after US President Donald Trump teased a major trade deal that’s set to be announced today, likely with the UK. In a Truth Social post, Trump promised a “BIG NEWS CONFERENCE” at 10 a.m. from the Oval Office, where he said he will unveil a “MAJOR TRADE DEAL WITH REPRESENTATIVES OF A BIG, AND HIGHLY RESPECTED, COUNTRY. THE FIRST OF MANY!!!” The post sparked a surge in crypto markets, propelling Bitcoin past $99,000 for the first time in nearly two months. Though Trump didn’t name the country, the New York Times reported that it would be the UK, and the BBC reported that UK Prime Minister Kier Starmer would make an announcement today about a deal with the US on tariffs. Bitcoin Breaks Above $99K For The First Time Since Mid-Feb Bitcoin is trading at more than $99,500 as of 4:13 a.m. EST, the first first time BTC has risen above $99K since Feb. 21, according to TradingView.  Daily chart for BTC/USD (Source: Trad...

TikTok has been accused of operating as an unlicensed crypto exchange in the UK in a letter sent to the country’s Financial Conduct Authority (FCA) by a former compliance consultant for a leading private bank. As reported by Financial News, the letter claims that TikTok’s virtual currency can be indirectly exchanged for fiat through the platform’s reward system. As a result, it says the social media giant should be placed under the FCA’s anti-money laundering and terrorist regulations. “TikTok via its rewards programme is facilitating money transmission to [money service businesses] and exchanging, or arranging or making arrangements with a view to the exchange of, cryptoassets for money or money for cryptoassets,” the letter says. Former Crypto.com compliance officer charged with money laundering, extortion Read more: TikTok ‘guru’ launders COVID loans with crypto, spoils girlfriend Users can purchase so-called TikTok Coins and use them to send ‘gifts’ to content cr...

London’s High Court of Justice, arguably the world’s most powerful copyright court, has reconvened to sentence Craig Wright for his false, perjurious claims to have written Bitcoin’s whitepaper as its creator, Satoshi Nakamoto. The courtroom was packed to hear final arguments from lawyers representing the Crypto Open Patent Alliance (COPA), which represents Bitcoin developers and companies. Today’s arguments aren’t about whether Wright lied — he did — but merely the punishment Wright should receive. COPA lead attorney Jonathan Hough is obviously asking for a court injunction barring Wright from making any claim in a public forum about being Satoshi Nakamoto. The alliance also wants the court to categorically deny any remaining Legal avenues for Wright to appeal the ruling. Hough: Wright has lied about having invented bitcoin. [shows docs about various lawsuits] Has made threats. Campaign has had chilling effects on development and community members. Massive l...

Summary: Craig Wright claimed his wife found a box of old papers over the weekend. He might attempt to submit the papers as last-minute evidence, although his suspiciously belated discovery is likely to be denied inclusion by the judge. When asked about his work on the original Bitcoin code, Wright accused Craig Maxwell of hacking his servers, and Adam Back of violating laws related to financial services. Wright said Back failed to submit emails from 2009 in which he apparently disparaged Bitcoin. Wright claimed he chose to retire the Satoshi Nakamoto pseudonym due to difficulties with the Australian Tax Office, a pending divorce, and his attempts to rebuild his other companies. The trial of COPA v. Craig Wright continued on Monday for its sixth day in the UK High Court of Justice. The Crypto Open Patent Alliance ( COPA ) is a pro-BTC group seeking an injunction against Wright, a contentious pro-BSV advocate who believes himself to be Bitcoin’s creator. COPA wants to ban Wr...