Now in Crypto, the Roman Storm test is set to enter the closing statements next week; The 35 public companies have been holding at least 1,000 BTC each, and a sudden collapse in Bitcoin prices has raised $ 700 million in fluids in the past 24 hours.
The Roman Storm team expects to close the case next week, the developer can still testify
Defense Attorneys representing Tornado Cash Co-Founder and Developer Roman Storm have been reported to rest their case Once next week, the object is sent to the jury.
According to reporting from Inner City Press on Friday, Judge Katherine Failla Says He is expected to hear the closure of statements from prosecutors and legal storm teams on Tuesday or Wednesday. The timeline gives the Tornado Cash co-founder for about five days to show off his court defense.
If Storm intends to stand on his own defense is unclear on Friday. Before his test began, the Tornado Cash Co-Founder gave an interview where he said he was “may or not” testifies.
Ended the proceedings to the court of Friday morning with a testimony from a special FBI agent, which had previously Storm said with control In some funds used using Tornado Cash. It marked the 10th day of the Storm test, in which he faced charges of money losses, conspiracy to operate an unlicensed money transmitter and conspiracy to violate US penalties.
Defense lawyers began to show their case on Thursday, beginning with the testimony from Ethereum core developer Preston Van Loon. They reported that as many as five witnesses could stand before they could rest next week.
35 companies now hold at least 1,000 bitcoin as corporate adoption booms
Bitcoin’s corporate adoption is accelerating, along with 35 companies that have been exchanged publicly At least 1,000 BTC each, which has signed the growing institutional interest in the world’s largest cryptocurrency.
Demand for bitcoin (Btc) will climb public companies four months after US President Donald Trump’s Executive Order The creation of a federal bitcoin reserve for the world’s largest economy is outlined.
According to Chris Kuiper, the Vice President of the Fidelity Digital Assets research, at least 35 public companies exceed 1,000 BTC in handling their balance sheets, costing more than $ 116 billion at the time of writing, from 24 Q1 ending companies.
Growing Bitcoin-holding companies have signed a “known increase in bitcoin exposure,” says Kuiper In a post of Thursday x. “Bitcoin purchases have become more widely distributed throughout public companies than concentrated at some large buyers,” he added.
Fidelity data has been published after a while Bitcoin has flipped AmazonThe $ 2.3 trillion of the market capitalization to be the fifth largest property worldwide through total appreciation, Cointelegraph reported on July 14th.
Following the new institutional purchase wave, more than 278 public creatures now hold Bitcoin, from 124 just a few weeks past, past According to In Bitcointreasuries.Net.
The US led all countries with 94 public creatures holding Bitcoin, followed by Canada with 40 and UK with 19 public BTC holding creatures.
Bitcoin falls below $ 116,000 in Bloodbat for Crypto Longs
More than half a billion in long position is liquid throughout the crypto market On Friday as the price of Bitcoin slipped below $ 116,000 amid a broader fall in the market.
According to coinglass Data.
Ether (Ether) followed $ 104.76 million in long fluids, falling 1.33% to $ 3,598 at the same time.
The sudden collapse of the market led to the extermination of 213,729 merchants over the time, caught by many guards amidst the recent emotions. Throughout the board, a total of $ 731.93 million was eliminated in the market in short and long positions.
