Crypto News
Crypto Daybook Americas: Bitcoin’s $100K+ Run Is Just Early Days
By Omkar Godbole (All times ET unless indicated otherwise)The wait is over. Bitcoin has surged past $100,000, driven by a number of factors, including President-elect Donald Trump's appointment of supposedly crypto-friendly Paul Atkins to lead the SEC. Most analysts are bullish, anticipating further gains toward $120,000 and higher, and it's not hard to see why. As Newton's first law states, an object in motion maintains its speed and direction unless acted on by an outside force.The wider market is poised to benefit from bitcoin's milestone, especially as the six-digit price may be too steep for many retail investors, prompting them to consider alternative cryptocurrencies.Ether, in particular, is likely to benefit because the spread between the Ethereum staking yield and the...
BNB Chain Memecoin Airdrop: 33 BNB for Top Memecoins and Airdrop to BNB and CAKE Holders
BNB Chain launches a Memecoin Daily Airdrop Series, purchasing 33 BNB worth of top memecoins to distribute to BNB and CAKE holders from December 12-19, 2024. (Read More)Source link
Putin Profiles Digital Currencies as Possible Settlement Rails for a BRICS Investment Platform
Russian President Vladimir Putin has referred to digital currencies as part of the settlement instruments for the planned BRICS investment platform. Putin stated that work on this platform had already begun, and that these digital assets might have a place in this institution. Putin Talks Digital Currencies as Settlement Tools for Upcoming BRICS Investment PlatformSource link
Bitcoin Hits Milestone vs. Gold as Cycle Pattern Flags $120K by Year-End: Van Straten
Bitcoin (BTC), Federal Reserve Chair Jerome Powell said yesterday, is not a competitor of the U.S. dollar but to gold. Not only did the largest cryptocurrency by market capitalization soar through $100,000 during Asia trading hours, reaching a record $104,000, it's also at an all-time high when priced in gold, worth about 39 ounces, breaking through the last remaining resistance level for that trading pair. It has also hit records against silver and the S&P 500.The price action means bitcoin is now an over-$2 trillion asset class, with its sights on overtaking Google (GOOG), whose market cap is $2.14 trillion, and Amazon (AMZ) at $2.29 trillion. That would happen if it hit $115,000 a token and make it the fifth-largest...
Bitcoin Traders Shrug at $2.8 Billion Mt. Gox Transfer
What happened "has been met with relative silence," Jung told Decrypt, adding that the market showed "little reaction" to the transfer.Source link