BTC hits $100K, Trump taps Paul Atkins for SEC chair, and more: Hodler’s Digest, Dec. 1 – 7
This week Bitcoin reached $100,000 for the first time ever, Trump nominates pro-crypto Paul Atkins to replace Gary Gensler: Hodler’s
Pepe memecoin flips Uniswap token in market cap, hits all-time high
According to data from CoinMarketCap, Pepe has a maximum supply of roughly 420 trillion tokens, with all tokens already in
Bitcoin can separate money and state — David Sacks
Sacks also highlighted Bitcoin’s portability as a major feature of the crypto that makes it an attractive option during social
Layer-2 networks need decentralized sequencers — Metis co-founder
According to data from L2 Beat, there are 118 layer-2 scaling solutions listed for the Ethereum network as of December
Bitcoin 'Choppiness' index hints $110K BTC price will be tough to crack
Bitcoin is getting “choppier” and the BTC price uptrend less strong, new indicator data suggests.
Bitcoin rally to continue until end of 2025 — Analyst
Bitcoin’s historic $100,000 milestone comes despite sluggish momentum in oil, gold and the S&P 500 index.
Bitcoin hits $100K: From pizzas to a Bitcoin national stockpile
Bitcoin was once worth so little that thousands of BTC were given away for free, but each one is now
Ethereum poised to copy XRP’s 390% rally toward $7.6K next
Ether is breaking out of a similar symmetrical triangle pattern that propelled XRP’s prices from around $0.50 to around $2.90
Ether to $5K on fractals, BlackRock ETH ETF holdings 2x with $500M buy
Ether price’s rally to the $5,000 psychological mark may be a “minimum target” based on emerging ETH fractal patterns and
Telegram founder Pavel Durov questioned in Paris court for first time: Report
Durov said that he “trusts the French justice” system but refused to elaborate on the legal proceedings.
Coffeezilla calls out 'insane headlines' about Hawk Tuah memecoin
YouTube investigator Coffeezilla has called for an end to the spread of misinformation about viral influencer Hailey Welch’s recent controversial
FSOC warns stablecoins remain a 'potential risk' to financial stability
In its 2024 annual report, the FSOC said that stablecoins are “acutely vulnerable to runs absent appropriate risk management standards.”
Ethereum ‘impulse breakout’ will lead to $15K ETH price in 2025 — Analyst
Ethereum price finally took out the $4,000 resistance level, and one analyst says ETH could hit $15,000 by May 2025.
Czech gov’t moves to exempt crypto held for 3+ years from being taxed
The prime minister said Czech residents would not have to report crypto transactions under $4,200 per year or pay taxes
Over 400 million crypto wallets have a non-zero balance — Chainalysis
According to Chainalysis, real-world tokenized assets and investment vehicles continue to be major drivers of crypto adoption.
Nansen will provide analysis for Galxe’s Gravity blockchain
Nansen expands to yet another blockchain with Gravity, which was launched by Galxe in its alpha mainnet in June.
Crypto Biz: Wall Street gets a taste of altseason
This week’s Crypto Biz explores Ether ETFs growing inflows, the political moves behind Meta’s stablecoin sunset, BitGo’s plans for India,
Future Bitcoin price dips to $90K ‘routine profit taking’ — Why BTC traders keep buying
Traders bought up Bitcoin’s dips to $90,000, a sign that investors are confident in BTC prices above $100,000.
EigenLayer to upgrade restaking rewards
The upgrades are designed to bring greater flexibility to EigenLayer’s restaking ecosystem.
Bitcoin ‘spinning top’ candle targets $115K after recent 15% BTC flash crash
Bitcoin’s rebound from this week’s flash crash reset key price metrics and paved a path for BTC to chase after
Trump’s BTC reserve plan would be a ‘bad deal‘ — Ex-NY Fed president
Bill Dudley joined others in suggesting the only purpose of a US government Bitcoin reserve would be to reward Trump’s
US jobs data points to likely rate cut in December — Grayscale
Interest rate cuts, increases in the M2 money supply, structural deficits, and geopolitical tensions typically drive Bitcoin’s price higher.
Trump’s new crypto czar called OpenAI a ‘piranha, for-profit company’
David Sacks’ professed views on OpenAI’s business restructuring seemingly align with Elon Musk’s.
Nuvei, Visa partner on stablecoin payments for Latam merchants
Latin America continues to be a center of blockchain integration with Nuvei and partners’ new e-commerce solution for merchants.
Bitcoin to top $110K by Jan, $20B TRX hints at ‘altseason’ — Finance Redefined
Based on its correlation with the liquidity index, Bitcoin may reach a local peak of above $110,000 by January.
Price analysis 12/6: BTC, ETH, XRP, SOL, BNB, DOGE, ADA, AVAX, TON, SHIB
Bitcoin price trades above $100,000 again, proving that every minor dip is being purchased.
FCA issues warning, bans Pump.fun in the UK
The United Kingdom’s financial watchdog has blocked Pump.fun following a warning that the firm is not authorized in the country.
Ether poised to outperform Bitcoin: Bybit
Bybit’s November market report points toward Ethereum gaining traction as Bitcoin dominance fades.
FDIC asked banks to ‘pause’ crypto activities — Court docs
Coinbase chief legal officer Paul Grewal claimed the letters provided evidence that an alleged US government attempt to debank firms
Bitcoin aims for $100K as analyst sees record BTC price daily close
BTC price strength quickly returns after a Bitcoin liquidation event like few others in history.
Ether price returns to $4K for the first time since March
Ether is once again trading above $4,000 following months of disappointing price action and negative sentiment.
SEC to reject bids for spot Solana ETFs — Report
The US financial regulator has reportedly notified at least two of five issuers seeking approval for a spot SOL exchange-traded
US Bitcoin ETFs now hold more BTC than Satoshi Nakamoto
US spot Bitcoin ETFs now collectively hold more Bitcoin than is estimated to be held by the anonymous Bitcoin creator,
Potential charges Hailey Welch could face if SEC probes HAWK launch
Crypto lawyers said Haliey Welch and her team could face charges following the launch of her memecoin, but only if
Sky faces scrutiny over potential $756M exploit flaw
Sky’s (formerly MakerDAO) use of externally owned accounts (EOAs) to manage $756 million in USDC reserves raises questions about security
How Bitcoin shapes the future economy
The transformative influence of Bitcoin on the global economy.
Hybrid crypto exchange GRVT secures Bermuda license
CeFi and DeFi ecosystems don’t need to be divided as regulation is well-positioned to help DEXs improve universal standards, the
Crypto firm Zama launches tool to build private apps on any EVM chain
The cryptography firm is launching an Ethereum Virtual Machine coprocessor enabling full end-to-end encryption and private smart contracts.
Trump’s crypto czar is Solana bull and Multicoin Capital investor
US “crypto czar” selection David Sacks is bullish on Solana and is among investors of SOL-related investment firm Multicoin Capital.
How to swap tokens between Base and Solana: A step-by-step guide
Discover how to swap tokens between Base and Solana using crosschain bridges or centralized exchanges for secure and efficient transfers.
Regulation compliance key to India’s crypto future — Bitget COO
As crypto exchanges face regulatory challenges globally, Bitget chief operating officer Vugar Usi Zade emphasized compliance and innovation for sustainable
Bitcoin price metric 'bearish since October' warns analyst amid $10K dip
Bitcoin versus global liquidity potentially paints a grim short-term picture for BTC price action.
XRP bulls could face ‘bloodbath’ if Bitcoin dominance rises: Analyst
A crypto analyst said the market “could be approaching euphoria territory” with the significant amount of XRP longs “being reloaded”
Former US Treasury Secretary slams national Bitcoin reserve as ‘crazy’
Ex-Treasury Secretary Lawrence Summers has slammed Donald Trump’s idea of a Bitcoin reserve but agreed with the president-elect that “crypto
GameStop, AMC stocks surge after cryptic Roaring Kitty post
An unofficial GameStop memecoin GME, which has no affiliation to the company, also saw a rise of up to 72%
BlackRock, MARA Holdings, whale buys nearly 10K Bitcoin as price retreated
The BlackRock-issued iShares Bitcoin Trust is now backed by more than $48.9 billion worth of Bitcoin, blockchain data shows.
Investors pile a record $432M into Ether ETFs amid 9 days of inflows
Over the past two weeks, spot Ether ETFs have clocked in more than $1.3 billion in inflows as the cryptocurrency
How $100K Bitcoin impacts the wealth gap in the digital age
Even above $100,000, Bitcoin offers a revolutionary platform for financial inclusion, particularly in developing regions with no banking infrastructure.
Australia to crack down on crypto ATM providers, citing money laundering risk
Australia has the third largest number of crypto ATMs in the world and regulators are worried they could be facilitating
Trump names podcaster David Sacks as ‘AI and crypto czar’
Donald Trump has appointed David Sacks, known for co-hosting the “All In” podcast, as his chief AI and crypto adviser.
Circle says USDC is first stablecoin to meet Canada’s new listing rules
Non-compliant stablecoins listed on Canadian-registered crypto platforms will be required to be delisted by Dec. 31, 2024.
Financial Times issues ’apology’ to Bitcoiners after 13 years of criticism
The apology was wrapped in a “sorry, not sorry” tone as FT Alphaville’s city editor said the firm still stands
Bitcoin dips to $93K wiping out $303M longs within minutes
On Dec. 5, Bitcoin retreated further from the psychologically crucial $100,000 level, briefly dipping below $93,000 and triggering a significant
‘China’s MicroStrategy’ Meitu sells all its Bitcoin and Ethereum: Asia Express
Asia’s MicroStrategy Meitu has sold all of its 940 Bitcoin and 31K ETH while Sth. Korea looks to legalize corporate
Crypto industry execs approve of Trump’s pick to lead SEC
Executives from Bitwise, Ripple, and Coinbase voiced their support for former SEC commissioner Paul Atkins to lead the agency after
Worksport stock jumps 9% after adding BTC, XRP to treasury strategy
Worksport plans to dedicate up to 10% of its surplus operational cash to purchase Bitcoin and XRP.
SEC defends amended suit against Binance, CZ over securities claims
In the latest round of the SEC suit against Binance, Binance.US and CZ, the agency has largely repeated itself in
Anchorage Digital to support liquid Ether staking
It is the first US bank to facilitate liquid Ether staking, and it is focusing on institutions.
MicroStrategy's Bitcoin buys clock $17B profit
MicroStrategy’s Bitcoin treasury is worth more than $40 billion after BTC surpassed $100,000 per coin.
Bitcoin futures premium hits 8-month high — Will the BTC rally continue?
Bitcoin futures trade with a 20% annualized premium, levels not seen since March. Will the BTC rally continue?
Can popup cities revitalize Ethereum’s innovation?
Innovation hubs can advance Ethereum’s ecosystem, cultivating community-driven development and addressing the challenges of transitioning to sustainable blockchain projects.
Attention economy has fueled memecoins — Hashed co-founder
Hashed co-founder Ryan Sungho Kim spoke to Cointelegraph at India Blockchain Week about the effect of the attention economy on
Layer N ditches Ethereum, says new L1 will support Typescript, Rust, C
N1 is purported to process 100,000 transactions per second, placing it among the fastest blockchains.
Aptos to accelerate innovation with new tech, investment in India
Aptos wants to address the scalability limitations of other blockchains, co-founder and chief technology officer Avery Ching said at India Blockchain
Who’s really getting rich from the crypto bull run?
While the crypto frenzy captivates speculators with dizzying highs and lows, the real winners are those giving investors a way
4 new BTC price targets see Bitcoin over $124K by New Year
Bitcoin is due to end 2024 even higher than its current levels, consensus says — with BTC price targets toward
How high can Bitcoin price go?
Bitcoin’s surge past $100,000 just a month after Trump’s reelection has fueled bold predictions, with analysts eyeing $150,000-250,000 next.
P2P.org expands staking services with TON integration
P2P.org will offer staking for TON holders with no caps for pools, allowing users to start with just one coin.
‘Normie degens’ go all in on sports fan crypto tokens for the rewards
A growing community of sports fan crypto token holders are spending hours daily unlocking rewards and experiences no matter what
Bitcoin at $100K: How the media’s perception has shifted since 2009
Mainstream media has attacked everything from Bitcoin’s creator, Satoshi Nakamoto, to Bitcoin’s volatility and high-energy consumption.
South Korea’s FSC denies decision on corporate crypto account roadmap
The financial watchdog said discussions are ongoing, despite local reports claiming otherwise.
New Chainalysis CEO expects greater clarity on stablecoins in 2025
The company’s former chief strategy officer, Jonathan Levin, assumed the role of CEO and offered his thoughts to Cointelegraph on
Token burning, explained
Explore the impact of token burning and how this process influences cryptocurrency scarcity, its value and the project’s long-term growt
88% of crypto holders feel they missed out on major gains — Kraken survey
The survey highlighted that 63% of holders acknowledged emotional decisions negatively affected their digital asset portfolio
BTC price can surge 43% before 'bubble' as Bitcoin market cap hits $2T
Bitcoin has plenty of room left to run, even as BTC price action enters six-figure territory, CryptoQuant said.
Bitcoin ‘still in early innings’ at $100K — ARK’s Cathie Wood
Bitcoin became a $2 trillion asset in less than 16 years, while companies like Apple and Amazon took 42 and
No blockchain can be a ‘lonely island’ — Emurgo exec
Emurgo’s global head of business development, Amarpreet Singh, told Cointelegraph that all roads lead to interoperability.
RIP altseason? XRP price tumbles 13% despite Bitcoin’s $100K surge
XRP was down today, wiping out most of the gains made in December against Bitcoin, despite BTC’s price hitting $100,000.
Sotheby’s VP’s memecoin allows trader to make $1M in 30 mins
A trader gets a 120x return 30 minutes after purchasing Sotheby’s executive Michael Bouhanna’s second memecoin token, “VOID.”
CFTC bags record $17B in 2024 thanks to massive crypto enforcement
The US commodities regulator recovered $12.7 billion in the FTX case, which was the “largest recovery for victims and sanctions
What are convertible senior notes? How MicroStrategy uses them to buy Bitcoin
For companies like MicroStrategy, convertible senior notes provide low-interest financing and flexible capital without diluting shareholders.
NFTs are not dead, they’re evolving: Hashing It Out podcast
NFTs may have died down, but RARI Foundation’s Jana Bertram is bullish on their evolution, according to her analysis of
India’s Web3 dominance fueled by 1K startups, global investments, dev talent
India is on track to lead Web3 adoption by 2027, driven by startups, developers and government-backed blockchain initiatives.
Bitcoin is ‘memetic’ and won’t stay down around $100K for long: Analyst
A crypto analyst predicted that Bitcoin won’t linger around the $100,000 level now that the psychological barrier has been broken,
Bitcoin dominance bounces back to 57% as BTC punches to $104K
Calls for altseason are a little quieter as Bitcoin dominance recovered after surging past $100,000 for the first time in
Hawk Tuah memecoin dumps 90% amid backlash over controversial launch
Haliey Welch’s memecoin “HAWK” has plunged 90% since launch, though Welch has denied any insider sales from herself or her
BIT Mining saw 3X profits mining DOGE, LTC instead of just Bitcoin
BIT Mining attributed its widened profit margins from DOGE and LTC to specialized LD3 mining machines it acquired from Bee
Bitcoin hits $100K: Why BTC price hit a new all-time high
Bitcoin has set a new all-time high of $104,000 on Coinbase, setting the cryptocurrency loose into price discovery — so
Mt. Gox moves $2.4B in Bitcoin as BTC surged past $100K
Long-bankrupt crypto exchange Mt. Gox moved over 24,000 Bitcoin to an unknown address after the cryptocurrency struck above $100,000.
Hut 8 to raise up to $500M to buy Bitcoin as a strategic reserve asset
Hut 8 stock surged almost 8% following the announcement of the stock repurchase program.