This week’s top stories from the crypto world include claims of Satoshi Nakamoto’s identity being revealed, Ripple facing a new chapter in its legal battle with the SEC, and Bitcoin holding strong above $60,000. Let’s dive deeper into these updates.

Bitcoin

A new HBO documentary has shockingly claimed to have identified the mysterious creator of Bitcoin, Satoshi Nakamoto, in a revelation that could potentially send shockwaves throughout the crypto markets. 

Amid Middle Eastern tensions, Bitcoin has taken a dip, but the horizontal support at $60,000 has held firm thus far.

Altcoins

Iran’s attack on the Israeli military bases has escalated tensions between Iran and Israel, adding fuel to the fire of an impending third World War. These tensions have had a massive impact on the crypto landscape, causing a crash in the meme coin rally.

In a move that’s sending shockwaves through the altcoin community, a PEPE millionaire has shifted course, abandoning meme tokens like BONK and WIF to embrace a strategic play involving a promising Solana competitor.

A legendary crypto investor who made $50 million in the last bull cycle has revealed his top pick for 2024 as the new ETF token, ETFSwap (ETFS), and ignited a frenzy on the coin. 

Following an uptrend that lasted only a few days, investors are beginning to exit their positions in Solana (SOL) and Dogecoin (DOGE) and turning to a new AI coin in the crypto market, which is set to achieve a 1,550% growth in the near future.

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Author: Amara Khatri