This week is shaping up to be one of the most memorable in crypto history, with enormous story after enormous story unfolding. Firstly, we look at why Bitcoin took a sizeable hit in the past 24 hours, losing its $60,000 support and liquidating investors left and right. Then, we’ll look at the ex-Binance CEO, Changpeng “CZ” Zhao, being sentenced to four months in prison, which is markedly shorter than most people expected. Elsewhere, “Bitcoin Jesus” is arrested and hit with an eye-watering tax bill. It’s all happening in crypto, but Cointelegraph has got you covered.

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So, grab yourself a coffee, and let’s get into it!

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CZ sent to prison, ‘Bitcoin Jesus’ arrested for tax fraud, BTC takes a big hit