Bitcoin Suisse founder Niklas Nikolajsen predicts Bitcoin will hit a seven-figure price, driven by the US election and Bitcoin halving.
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Category: Cryptocurrencies
Ripple CEO Brad Garlinghouse Congratulates New Crypto Czar David Sacks
Ripple CEO Brad Garlinghouse is congratulating venure capitalist David Sacks on his appointment as the newly-created White House A.I. & Crypto czar announced this week. Sacks is known for being an angel investor in several notable companies, including Facebook and SpaceX.
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Ex-ARK Analyst Cautions Against $10T Crypto Market Cap Hype
Chris Burniske, a former ARK Invest analyst, warns against the hype surrounding a potential $10 trillion crypto market cap as Bitcoin surpasses $100,000, urging investors to adopt a cautious approach and consider profit-taking strategies.
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WikiLeaks’ Afghan War Logs to Be Permanently Archived on Bitcoin Blockchain
WikiLeaks is launching Project Spartacus to permanently inscribe 76,911 Afghan War Logs onto the Bitcoin blockchain, ensuring accessibility and protection against censorship using the Ordinals protocol, starting December 12, 2024.
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Bitget Launches GMCI Meme Index on Its Futures Trading Platform
Bitget has launched the GMCI Meme index, which contains the leading meme coins by market capitalization, on its futures trading platform.
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SEC Expected to Reject Solana Spot ETF Applications
This decision reflects the SEC’s ongoing cautious stance towards crypto, particularly under Chair Gary Gensler, who has overseen lawsuits against major exchanges like Binance and Coinbase.
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BitFuFu Launches New Bitcoin Mining Pool
BitFuFu launches a customized Bitcoin mining pool with a low 0.4% commission, leveraging its self-mining hashrate to increase capacity and appeal to institutional clients seeking optimized mining solutions.
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Bank of America Strategist Claims Crypto and Stock Markets are Overvalued
Michael Hartnett of Bank of America has raised concerns that the US stock and cryptocurrency markets might be overvalued following the recent rallies.
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Semler Scientific Purchases Additional $30 Million in Bitcoin to Expand its BTC Holdings
Semler Scientific, a healthcare technology firm, has expanded its corporate Bitcoin treasury by purchasing 303 BTC, valued at $29.3 million, between November 25 and December 4, 2024. This acquisition brings the company’s total Bitcoin holdings to 1,873 BTC, acquired at an average price of $78,553 per coin, totaling approximately $147.1 million.
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Florida Could Launch Statewide Bitcoin Reserve by Q1 of 2025, Samuel Armes Says
Florida may establish a Bitcoin reserve by 2025, leveraging pension funds and budget surplus to create a cryptocurrency stockpile. Advocated by Samuel Armes and supported by pro-Bitcoin leaders, this initiative reflects Florida’s growing role in the Bitcoin economy amidst rising market adoption.
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