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December 8, 2024
The National Center for Public Policy noted that MicroStrategy’s stock outperformed Amazon’s stock by 537% due to its Bitcoin strategy. The National Center for Public Policy Research — a Washington DC-based think tank championing free markets — has submitted a shareholder proposal to Amazon Corp arguing for a Bitcoin (BTC) corporate treasury strategy to be...
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Bitcoin’s consolidation in the $100,000 range is giving traders an opportunity to take a closer look at DOGE, SUI, PEPE and FTM. Bitcoin (BTC) continues to witness a tough battle between the bulls and the bears at the $100,000 level. CryptoQuant contributor Percival said in a Quicktake blog post on Dec. 6 that Bitcoin’s weekly...
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The Cardano Foundation joins a long list of entities falling victim to X account hacks, including the Securities and Exchange Commission. The Cardano Foundation’s X account was compromised on December 8 by a threat actor promoting a fake “ADAsol” token and claiming that the Cardano Foundation would halt support for Cardano’s native token, ADA (ADA)...
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Crypto sees a historic moment as Bitcoin crosses the symbolic $100,000 threshold. 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 2024.  Bitcoin’s latest ascent speaks to its evolution...
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El Salvador’s unrealized gains of more than $300 million on its Bitcoin purchases came as BTC broke through the $100,000 milestone price. Salvadoran President Nayib Bukele highlighted the country’s unrealized gains from its Bitcoin investments on social media after the cryptocurrency surpassed $100,000 for the first time. On Dec. 5, Bitcoin (BTC) reached $100,000 for...
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Pudgy Penguins recorded $25 million in sales, while CryptoPunks had a weekly volume of $16.5 million. Non-fungible tokens (NFTs) started strongly in December, with Ethereum leading the top digital collectible blockchains in sales.  On Dec. 8, NFT data tracker CryptoSlam showed that digital collectibles recorded a weekly sales volume of over $187 million in the...
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SEC commissioner Caroline Crenshaw, who is widely known for opposing the spot Bitcoin ETFs, is up for renomination, and the crypto industry fears her re-election. The United States Senate Banking Committee will vote on Dec. 11 whether to renominate Securities and Exchange Commission (SEC) commissioner Caroline Crenshaw, a vocal crypto skeptic. Several industry executives have...
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A crypto venture capitalist warns that “once momentum tips,” market participants might be caught off guard by “some murder wicks” on the charts. The altcoin market has seen substantial gains since Donald Trump’s United States presidential victory, but a venture capitalist has warned of a potential near-term shakeout as institutional investors increase their profit-taking activity....
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This week Bitcoin reached $100,000 for the first time ever, Trump nominates pro-crypto Paul Atkins to replace Gary Gensler: Hodler’s Digest 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 least two of five issuers seeking approval for a...
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