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Bitcoin eyes ‘crazy numbers,’ JD Vance set for Bitcoin talk: Hodler’s Digest, May 4 – 10

cryptoweekly by cryptoweekly
May 10, 2025
in Altcoins, News
0

A crypto analyst says Bitcoin is on its way to $160,000 or a “crazy number,” Alex Mashinsky gets 12 years jail, and more: Hodler’s Digest

The US federal court for the Southern District of New York has sentenced former Celsius CEO Alex Mashinsky to 12 years in prison for fraud. 

Mashinskys legal team sought a light sentence. They highlighted his spotless record before the Celsius incident, along with his military service and willingness to plead guilty. But US prosecutors were less inclined to leniency, suggesting on April 28 that the judge deliver a 20-year sentence for his actions.

Betting markets predicted a light sentence ahead of the May 8 hearing. Polymarket showed only 11% odds for a 20-year sentence or higher.

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Recent Posts
  • $5 trillion altcoin season pending as TOTAL2 market cap hits $1.5T
  • CZ is right: There is a structural gap in Web3 trading
  • US SEC Chair Atkins: Education is key for crypto in retirement accounts
  • Metaplanet vs. Semler Scientific: The race to become Bitcoin’s biggest corporate whale
  • SEC Chair Atkins considers innovation exemption to boost tokenization
  • Can ADA price reach $3? Cardano greenlit for 216% rally
  • How Jack Dorsey’s new app lets you chat without the internet and why it matters

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