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BTC Hits New All-time High, Saylor Buys More
Can't stop, won't stop.
Justin
December 16, 2024 • Read Time: 8 minutes
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Bitcoin's wild dance above $106,000 has left traders on edge, as the cryptocurrency giant grapples with the looming shadows of the U.S. Fed's potential 'hawkish' rate cut.
A cut seemingly meant to fuel optimism may end up as a bitter pill for many, especially if Jerome Powell throws a proverbial wrench into the bullish gears with a dose of caution during the upcoming Federal Reserve announcement.
Will the crypto world brace for impact or shrug it off without a second thought?
Trump's favorable whispers in crypto circles add another intriguing twist to this unfolding saga.
Let's dive in!
Bitcoin hits $106K before a temporary pullback as Fed's rate cut might dampen bullish trends (or will it?). — Read More
Microstrategy's inclusion in the Nasdaq-100 cements Bitcoin's status on Wall Street. — Read More
Several NFL stars including Odell Beckham Jr. and Russell Okung take salaries in Bitcoin, betting big on cryptocurrency's potential. — Read More
Saylor anticipates MARA Holdings as the next Bitcoin firm to join the Nasdaq 100, following MicroStrategy's recent inclusion. — Read More
BTC surpasses 40 ounces of gold, marks record high ratio on December 16. — Read More
Kraken faces a $5.1M penalty for regulatory breaches in Australia. — Read More
Japan Joins Global Bitcoin Reserve Movement
Japanese MP urges a Bitcoin reserve amid global trend, Texas pushes for legislative adoption, and BTC hits $101k with speculation of a 2025 market peak.
US Moves Towards Strategic Bitcoin Reserve
Senator Lummis and Treasury Secretary Bessent discuss establishing a US Bitcoin reserve amid Trump's crypto advocacy push.
VanEck Predicts Bitcoin Surge with Caution
VanEck anticipates Bitcoin hitting $180K, warns of a 30% correction, citing key market indicators.
Grayscale Bitcoin Trust Faces $21B Outflow in a Year
Grayscale Bitcoin Trust experiences $21 billion outflow, overshadowing gains from other spot Bitcoin ETFs in the US.
BlackRock's Bitcoin ETF sees large put option volumes
Put options for BlackRock's IBIT ETF see high volumes, indicating passive income strategies rather than bearish bets.
Bitcoin Hits New Highs Amid Bullish December
Bitcoin breaks records above $106K, with investors eyeing $120K driven by policy optimism and institutional interest.
El Salvador's Bitcoin Scheme and Argentina's Crypto ETF Openness
El Salvador swaps gold for Bitcoin power, while Argentina embraces foreign crypto ETFs.
Bitcoin Network Hashrate Soars to 800 EH/s
Bitcoin's hashrate climbs above 800 EH/s as BTC prices edge towards new highs.
Trump's Bold Bitcoin Reserve Plan
Trump to initiate US Bitcoin reserve via executive order, says Strike CEO.
Aethir Launches $100M Fund with Blockchain Center Abu Dhabi
Aethir and Blockchain Center Abu Dhabi unveil a $100 million ecosystem fund focusing on blockchain initiatives.
Toncoin Consolidation: Will It Breakout or Breakdown?
Toncoin investors eye potential breakout as price stabilizes between $6.2-$6.5 range, predicting next big move.
BNB Breaks $724 Barrier: Eyes on $800 Milestone
BNB reclaims $724, signaling a bullish recovery with eyes set on the $800 resistance, bolstered by increased buying pressure and RSI strength.
NFT Market Booms as Pudgy Penguins Lead with 51% Sales Surge
NFT sales hit $224 million, while Pudgy Penguins soared, boosting their sales by 51.53%.
Avalanche Labs Receives $250M in VC Funding
Avalanche Labs secures $250 million in funding, leading a $400 million crypto VC surge, supported by Galaxy and Dragonfly.
Tomarket Partners with Aptos for Web3 Expansion
Tomarket integrates with Aptos blockchain, enhancing scalability and launching $TOMA token, boosting Web3 adoption.
Chainlink Eyes Bullish Breakout Amid Market Cool-Off
The Chainlink price nears a bullish breakout, targeting $34 after recent gains.
Circle of Games Launches Web3 Gaming in MENA
COG debuts in MENA with a groundbreaking Web3 gaming platform at Dubai's Global Game Show.
Texas Lawmaker Proposes Bitcoin Reserve
Capriglione introduces a bill for Texas to create a strategic Bitcoin reserve, enhancing fiscal stability and cryptocurrency integration.
U.K. to Ban Public Offers of Crypto
U.K. plans to ban public crypto offers, seeks industry input on new regulatory measures.