Rosenberg's conjecture for the first negative $K$-group

Based on his claims in 1990, Rosenberg conjectured in 1997 that the negative algebraic $K$-groups of C*-algebras are invariant under continuous homotopy. Contrary to his expectation, we prove that such invariance holds for $K_{-1}$ of arbitrary Banach rings by establishing a certain continuity result. We also construct examples demonstrating that similar continuity results do not hold for lower $K$-groups.