Bitcoin's price prediction has been a hot topic among investors and traders as the weekend volume exceeded $10 billion. The market shows mixed signals, with some indicators suggesting a bullish trend, while others point to a bearish scenario.
As investors keep a close eye on the market, various factors, including economic data, government regulations, and industry developments, may influence the direction of BTC's price in the coming days.Michael Saylor, a prominent Bitcoin advocate, and chairman of MicroStrategy, has won a civil lawsuit filed against him, according to a recent filing with the US Securities and Exchange Commission.
The lawsuit, lodged by the Office of the Attorney General for the District of Columbia in August 2022, accused Saylor of violating the False Claims Act and failing to pay personal income taxes amounting to over $25 million.
The court dismissed the claim that Saylor and MicroStrategy conspired to violate the act, but the charge of Saylor committing tax fraud still stands.
Read more on cryptonews.com