Once dismissed as a fringe asset of cypherpunks and tech enthusiasts, Bitcoin (BTC) has climbed through milestone after milestone, from $1 in 2011 to $1,000 in 2013, and now to the coveted six-figure mark in … $100K Bitcoin price: From cypherpunk dream to financial mainstreamRead more
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BTC hits $100K, Trump taps Paul Atkins for SEC chair, and more: Hodler’s Digest, Dec. 1 – 7
SEC to reject bids for spot Solana ETFs — Report The United States Securities and Exchange Commission is set to reject applications in line for spot Solana exchange-traded funds (ETFs). The agency has notified at … BTC hits $100K, Trump taps Paul Atkins for SEC chair, and more: Hodler’s Digest, Dec. 1 – 7Read more
US jobs data points to likely rate cut in December — Grayscale
Non-farm payroll data for November was higher than expected. However, the data also revealed an accompanying uptick in unemployment, which could pressure the Federal Reserve to cut interest rates later this month. According to analysts, … US jobs data points to likely rate cut in December — GrayscaleRead more
BTC price can surge 43% before 'bubble' as Bitcoin market cap hits $2T
Bitcoin became a $2 trillion asset, the world’s seventh-largest, after crossing $100,000 for the first time. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView $102,000 Bitcoin has $2 trillion market cap Data from Cointelegraph Markets Pro and TradingView … BTC price can surge 43% before 'bubble' as Bitcoin market cap hits $2TRead more
NYC mayor gloats about Bitcoin holdings: ‘Who’s laughing now?’
Update (Dec. 4 at 9:25 pm UTC): This article initially reported that Mayor Adams made his comments at the groundbreaking ceremony of the American LGBTQ+ Museum (which some call a “society disaster“). The comments appeared … NYC mayor gloats about Bitcoin holdings: ‘Who’s laughing now?’Read more
BTC/KRW pair dipped 30% as South Korea’s president declared martial law
South Korean President Yoon Suk Yeol declared martial law in a live television announcement, likely contributing to the price of Bitcoin (BTC) against the won dropping roughly 30% on the local exchange Upbit. According to … BTC/KRW pair dipped 30% as South Korea’s president declared martial lawRead more
US gov’t transfers $1.9B BTC seized from Silk Road to Coinbase Prime
Blockchain records showed the United States government moved more than $1.9 billion worth of Bitcoin seized from the Silk Road marketplace to a Coinbase Prime wallet. According to data from blockchain analytics firm Arkham Intelligence, … US gov’t transfers $1.9B BTC seized from Silk Road to Coinbase PrimeRead more
Bitcoin records 129% year-to-date gain seven months after halving
Bitcoin (BTC) recorded a 129% year-to-date gain, primarily driven by the outcome of the 2024 United States Presidential election and the April 2024 halving event. According to data from ICO Analytics, Bitcoin also experienced a … Bitcoin records 129% year-to-date gain seven months after halvingRead more
Bitcoin liquidity index points to $110K local BTC top by January 2025
Bitcoin has entered the “parabolic phase” of the market cycle, as analysts point at a local top of above $110,000 before the end of January. Bitcoin price (BTC) could rise above $110,000 before the end … Bitcoin liquidity index points to $110K local BTC top by January 2025Read more
Solv to launch ‘onchain MicroStrategy’
Solv Protocol is preparing to launch an “onchain MicroStrategy” to bring yield-bearing Bitcoin (BTC) reserves to decentralized finance (DeFi), Solv’s co-founder Ryan Chow said in a Nov. 29 X post. “We’re building the first-ever On-Chain … Solv to launch ‘onchain MicroStrategy’Read more
$13.6B in Bitcoin options expire Friday — Can bulls push BTC price to $100K?
Bitcoin is set for its largest monthly options expiry of 2024, with a total exposure of $13.6 billion. Less than 2% of BTC put options target $100K or higher This event provides bulls with a … $13.6B in Bitcoin options expire Friday — Can bulls push BTC price to $100K?Read more
Bitcoin’s metrics suggest bull market is far from overvalued
Bitcoin’s valuation metrics suggest the bull market is far from over and could be setting the stage for even further highs. With no signs of overvaluation typically seen at price peaks, analysts are eyeing a … Bitcoin’s metrics suggest bull market is far from overvaluedRead more
Crypto literacy at ‘dangerously low’ levels, new report warns
As Bitcoin trades near new highs, the level of financial literacy in the cryptocurrency community still leaves much to be desired, according to a new report. The crypto community’s financial literacy rate is estimated at … Crypto literacy at ‘dangerously low’ levels, new report warnsRead more