Bitcoin
Bitcoin pioneer Julian Assange free from prison – leaves UK after reaching deal with US
Julian Assange, founder of WikiLeaks, was released from Belmarsh Prison in the UK after reaching a plea deal with US authorities, marking a significant development in his long legal saga. WikiLeaks said Assange left the maximum security prison on June 24, 2024, after spending 1,901 days there.
The WikiLeaks X account posted,
“Julian Assange is free. He left Belmarsh maximum security prison on the morning of June 24, having spent 1,901 days there. He was granted bail by the High Court in London and was released at Stansted Airport in the afternoon, where he boarded a plane and departed the UK.”
Assange was granted bail by the High Court in London and released at Stansted Airport, where he boarded a plane and left the United Kingdom. He is expected to plead guilty to a single felony count of conspiracy to obtain and disclose classified U.S. national defense documents. The sentence, where he will be credited for the 62 months already served, will take place on the island of Saipan, in the Northern Mariana Islands.
Assange’s wife, Stella, counted the BBC,
“The important thing here is that the agreement involved a prison sentence – that if he signed it, he could go free. He will be a free man as soon as he is approved by a judge and that will happen tomorrow.”
This development marks a potential end to Assange’s protracted legal battle, which began with WikiLeaks’ publication of confidential U.S. documents in 2010. The plea deal, if approved by a judge, would end the U.S. government’s pursuit of Assange and allow he would return to Australia. after years of confinement.
Stella Assange described her emotions after Julian’s release,
“I mean, I’m just elated,” she said. “Frankly, it’s just incredible. It feels like it’s not real […] We weren’t sure until the last 24 hours if this was actually happening.”
Assange’s role in Bitcoin
WikiLeaks began accepting Bitcoin donations in 2011, becoming an early adopter of high-profile cryptocurrencies. Satoshi himself he said, “It would have been nice to receive this attention in any other context.” WikiLeaks has kicked the hornet’s nest and the swarm is heading our way. WikiLeaks’ adoption of Bitcoin provided crucial funding for the organization when it faced financial roadblocks, while also increasing Bitcoin’s legitimacy and utility.
In a 2014 interview, Assange called Bitcoin “the most interesting thing on the internet” and praised its potential beyond payments, particularly its ability to provide globally verifiable proof publishing at a given point in time. Since then, Bitcoin’s value has risen dramatically, demonstrating the prescience of Assange’s assessment.
During Assange’s legal battles, supporters created a Decentralized Autonomous Organization (DAO) to fund its defense, raising over 16,500 Ether – equivalent to over $55.2 million at current prices. This innovative use of cryptographic technology emphasizes the interconnected history of WikiLeaks, freedom of information, and the rise of cryptocurrencies as tools for financial sovereignty and resistance against censorship.
As Assange prepares for his court appearance in Saipan, the international community awaits further details on the finalization of the plea deal and his return to Australia. This development not only marks a significant moment in Assange’s personal journey, but also highlights ongoing debates around press freedom, government transparency and the role of cryptocurrencies in supporting controversial causes.
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Big Tech Outperforms Bitcoin (BTC) as Trump Deal Weakens Token
Bitcoin has lost out on an asset rally fueled by positive comments from the Federal Reserve, while a tight US election race casts doubt on whether Donald Trump will get the chance to implement his pro-crypto agenda.
The digital asset fell 2.4% on Wednesday, following a Fed-fueled surge in an index of megacap tech stocks Magnificent Seven by one of the largest margins in 2024. The token retreated further on Thursday, changing hands at $63,750 as of 6:10 a.m. in London.
Bitcoin
‘This is huge’ — Billionaire Mark Cuban issues ‘incredible’ Bitcoin and crypto prediction amid price slump
Bitcoin
Bitcoin
came back with a vengeance this year when former President Donald Trump Cryptocurrency boosts US presidential election in November with ‘revolutionary’ plan.
The price of bitcoin has surged to more than its all-time high in recent months, surpassing $70,000 per bitcoin and triggering a wave of mega-optimistic predictions about the price of bitcointhough it fell again this week, falling below $65,000 after the Federal Reserve kept interest rates steady.
Now, as Elon Musk suddenly breaks his silence on bitcoin and cryptocurrenciesBillionaire investor Mark Cuban called a California plan to digitize 42 million car titles using blockchain an “incredible step forward” and “huge” for cryptocurrencies.
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Mark Cuban, famous Shark Tank investor and billionaire owner of the NBA team Dallas Mavericks, has… [+] called a cryptocurrency update “amazing” amid bitcoin’s price slump.
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The California Department of Motor Vehicles (DMV) has digitized 42 million car titles using blockchain, it was reported by Reuters, through technology company Oxhead Alpha on the Avalanche blockchain and designed to detect fraud and facilitate the securities transfer process.
“This is an incredible development for crypto,” Cuban, best known as an investor on TV’s Shark Tank and owner of the Dallas Mavericks NBA team, posted on X, joking that U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler could sue the state as part of his hostility toward cryptocurrencies and blockchain technology.
“The reason this is huge for crypto is because people who hold the tokens will have an app with an Avalanche wallet,” Cuban said. “Tens of millions of Californians having and using a crypto wallet in the next five years, or however long it takes, normalizes the use of wallets and crypto.”
John Wu, president of Avalanche developer Ava Labs, told Reuters that California’s DMV is “creating a wallet that you can download on your phone.”
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Bitcoin’s price has rallied this year, triggering a wave of bullish bitcoin price predictions from… [+] people like billionaire Mark Cuban.
Forbes Digital Assets
Last month, Cuban predicted that if the US dollar falls as the global reserve currency, bitcoin could become “a global ‘safe haven’” and a “global currency.” potentially sending the price of bitcoin to a much higher level.
According to Cuban, bitcoin could become what its most ardent supporters “envision” — a means “of protecting our economies… This is already happening in countries facing hyperinflation.”
The price of bitcoin has skyrocketed over the past year, largely due to the world’s largest asset manager, BlackRock, leading a bitcoin attack on Wall Street.
Bitcoin
Bitcoin (BTC) miner Riot Platforms (RIOT)’s second-quarter loss widens to $84.4 million as costs rise
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Why Trump Wants the US Government to Have a “National Stockpile” of Bitcoin
At a national bitcoin conference in Nashville, Donald Trump finally laid out some of his crypto policy proposals, including a long-awaited part of his plan — building a strategic bitcoin reserve. CNN’s Jon Sarlin explains what it is and why the crypto industry wants it.
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