The sudden decline on December 3rd to 4th marks Bitcoin’s biggest price drop since a May sell-off. Bitcoin slumped from over $57,000 to under $43,000 over a 24-hour period, with a nearly 25% decline, which was 37% lower than the historical high of $69,000 a few weeks ago. In addition, almost the entire cryptocurrency market was showing a downward trend.

The Twitter account was restored in hours after the hack with the Prime Minister’s Office (PMO) issuing a clarification for the same.

MicroStrategy added $83 million worth of Bitcoins taking its total holdings 122,478. CEO Michael Saylor believes that $10 trillion worth of Gold money should move into Bitcoin.

WhatsApp is introducing crypto payment in the U.S. directly through its chat function and will facilitate the payment for Paxos Dollar (PUSD).

Australia is working on creating a legal framework for digital assets and plans to complete the pilot testing of its own CBDC by 2022.

As part of the court’s decision, Craig Wright will not have to share half of his fortune with the Kleiman’s. However, he has yet to prove his ownership of Satoshi’s Bitcoin wallet carrying 1.1 million Bitcoins worth a staggering $60 billion.

Shiba Infinity is a play to earn gaming protocol where anyone can earn tokens through skilled gameplay and contributions to the ecosystem. Players can battle, collect, raise, and build a land-based kingdom and raise their Shiba Inu.

The overall cryptocurrency market has witnessed strong sell-off over the weekend and extending on Monday. The crypto market has lost more than $500 billion over the last week.

Terra’s LUNA has touched an all-time high unsettling top players like Shiba Inu and Avalanche.

Sources said that Goldman Sachs is looking for getting approval for offering lending against the collateral. They are also in talks with crypto firms for offering custodial solutions for Bitcoin.