Micah Zimmerman

A Hong Kong man was sentenced to seven years in Canada for participating in a violent, sexually abusive home invasion that stole $1.6 million in Bitcoin from a British Columbia family.

JPMorgan Chase abruptly closed Strike CEO Jack Mallers’ accounts, citing “concerning activity,” reigniting crypto debanking fears amid the bank’s ongoing Epstein controversies.

Bitcoin price rebounded to $86,000 after lows of $80,915 last week. Deutsche Bank, Anthony Popliano and Fed Governor Christopher Waller all added some nuance to the recent volatility. 

Bitmain, the Chinese manufacturer behind many of the world’s Bitcoin miners, has been under US national security scrutiny for potential espionage or sabotage risks, including in Trump family-backed ventures, though the company denies any wrongdoing.

Samourai Wallet co-founder William Hill was sentenced to four years in prison for running a crypto mixing service that laundered over $237 million in illicit funds.

Michael Saylor took to X to dismiss concerns about MSCI-driven outflows, emphasizing that Strategy is an operating company with a $500 million software business and a $7.7 billion Bitcoin-backed digital credit program.

Bitcoin price plunged to $83,000, hitting FTX-era stress levels, as short-term holders capitulate and market volatility spikes.

Strategy faces the risk of being removed from major equity indices, with JPMorgan warning that MSCI’s January 15 decision could trigger up to $2.8B–$8.8B in passive outflows and deal a major blow to Saylor’s bitcoin-leveraged strategy.

Billionaire investor Ray Dalio reaffirmed his cautious view on Bitcoin, saying he’s held only about 1% of his portfolio in BTC for years due to what he sees as structural hurdles limiting its viability.

Bitcoin price dumped yet again this morning in trading to lows of $86,610, down over 1% over the past 24 hours.