Technology
Crypto
Analysts foresee upside potential for Bitcoin beyond $100k despite some red flags
According to analysts, Bitcoin's surge past $100,000 caused some metrics to overheat, but most indicate further room for growth.
Election 2024
Trump celebrates Bitcoin surpassing $100k milestone following election win
Trump declared that Bitcoin investors are "welcome," framing the surge as a testament to his pro-growth policies. He said:
Mining
Hut 8 to fund Bitcoin reserve plan via $500 million equity offering
The equity offering will also be used to bolster Hut 8's operations, which is a necessity following the latest Bitcoin halving.
Crypto
Fed chair Powell views Bitcoin as digital gold, not a dollar competitor
Powell reiterated his remarks on Bitcoin being used solely for speculative purposes, not being a competitor for the US dollar.
Culture
New York Mayor Eric Adams has the last laugh as Bitcoin hovers near $100k
Adams was criticized heavily in 2022 for choosing to receive his first three paychecks in Bitcoin and Ethereum.
Politics
Trump confirms nomination of Paul Atkins as the new SEC chair
Atkins, a former SEC Commissioner, is a vocal advocate of crypto and innovation in general.
Trading
TRON (TRX) reaches a new all-time high after nearly 7 years
The new all-time high comes after a 81% daily rally.
Legal
Former Celsius CEO Alex Mashinsky pleads guilty, agrees to 30 years in prison
Mashinsky pleaded guilty to two charges, and waived his right to appeal any sentence below 30 years.
Deals
Marathon Digital buys wind farm in Texas, expands renewable energy push
The new renewable energy plan boasts 240 megawatts of capacity, and will fuel retired mining hardware usage.
Regulation
Trump wants Paul Atkins to lead SEC but he is reluctant to clean Gensler’s ‘mess’
Rumors claim Trump has chosen Paul Atkins for the SEC chair role, but the former commissioner is hesitant to take on the responsibility due to multiple factors.
Analysis
Bitcoin’s path to $100K hinges on short-term holder demand – Bitfinex
According to Bitfinex, December is likely to be volatile as Bitcoin's price teeters between profit-taking long-term holders and mounting short-term demand.
CBDCs
ECB unveils second report on digital euro, announces prototype testing for 2025
The report highlighted the digital euro as a way to ensure the future competitiveness of the Eurozone’s financial system.