CLEANSPARK INC C/WTS 29/12/2028 (TO PUR COM)(CLSKW.US)

Judge Criticizes Cryptocurrency's Risk and Threat to Monetary Systems

Judge Jed Rakoff has criticized cryptocurrency for its inherent risks and potential threats to government-controlled monetary systems. He argues that cryptocurrencies operate outside state supervision, which could undermine established financial systems. Despite this, Bitcoin was created to provide monetary sovereignty in response to financial system failures. Recent trends show increasing institutional acceptance and custody of Bitcoin, indicating a shift towards financial autonomy beyond traditional regulatory frameworks.

In the last 24 hours, the MarketVectorTM Digital Assets 100 Small Cap Index rose by 1.67%, closing at 3704.62 points, with a significant surge at 03:27, reaching 3813.05 points at 06:11 before fluctuating at a high level, and retracing gains before 18:00. The Mid Cap Index rose by 2.42%, closing at 3504.02 points; the Digital Assets 100 Index rose by 1.85%, closing at 18229.71 points. Currently, Solana is down 2%, Dogecoin is down 1.51%, and XRP is down 1.79%. Bitcoin is down 1%, priced at $88,999; Ethereum is down 2.34%, priced at $2,950

Data Shows Gold And Bitcoin Work Better Together

For years, gold investors and Bitcoin (BTC) believers have argued over which asset is superior, one side calling Bitcoin “digital gold,” the other seeing it as a speculative bubble. However, the data tells a very different story: gold and BTC aren’t rivals but teammates. com source:

Cryptos Whipsaw In Sync With Trade Tensions

Cryptocurrencies rebounded as President Trump softened his trade tariff rhetoric at the World Economic Forum, easing market tensions. The overall crypto market capitalization rose to $3.04 trillion, with Bitcoin trading at $89,961.09 and Ethereum at $2,982.97. Despite a slight recovery, Bitcoin remains 29% below its all-time high. The CMC Fear and Greed Index improved slightly, indicating a shift in market sentiment. However, significant outflows were noted in Bitcoin and Ethereum Spot ETF products, reflecting ongoing volatility in the crypto market.

Planet Evening News

1. Strategy holds 1.1 times total Bitcoin of all governments; 2. $38,000 bet on Trump's Greenland acquisition by 2027; 3. RALPH developers dumped $300,000 in tokens, price dropped 80%; 4. $358 million address added to short positions in DASH, $5.52 million profit; 5. South Korean prosecutors lost $48 million in seized Bitcoin; 6. 107,000 SKR domain names registered; 7. $470,000 spent on RALPH tokens, lost $355,000; 8. CZ: Global crypto regulatory body not feasible; 9. CZ: Decrease in traditional bank demand in 10 years; 10. ING: Inflation may affect Bank of Japan's rate hike plans.