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Cointelegraph covers Fintech, Blockchain and Bitcoin bringing you the latest news and analyses on the future of money. For advertising enquiries please contact advertise@cointelegraph.com
🏎 Crypto takes the lead in Formula 1!
OKX's CMO Haider Rafique calls it "a new beginning for crypto."
OKX's partnership with McLaren and a historic win drive the future of motorsport and finance.
[In collaboration with OKX]
⚡ JUST IN: Publicly traded Riot Platforms announces $500M private offering of convertible senior notes, with proceeds to acquire more #Bitcoin and other corporate purposes.
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🚀 Our CEO, Yana Prikhodchenko, met with eToro Co-Founder & CEO, Yoni Assia, at the #Bitcoin MENA conference to discuss crypto's future!
eToro is moving ahead with plans for a US IPO, targeting a $3.5B+ valuation.
@Cointelegraph
🇸🇻 JUST IN: El Salvador to make #Bitcoin acceptance voluntary to secure $1.3B IMF deal and unlock additional international lending.
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🚨 BREAKING: MicroStrategy acquires 21,550 more #Bitcoin between Dec. 2 and Dec. 8.
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🔥 NEW: “In the next 12-18 months, the market will go higher than it probably should; a lot of people are going to make a lot of money,” Dylan Leclair, Director of #Bitcoin strategy at Metaplanet.
@Cointelegraph
⚡ JUST IN: “#Bitcoin is a better version of gold,” says John Darsie from SkyBridge Capital.
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🔥 ICYMI: National Center for Public Policy Research proposes BTC treasury to Amazon
The National Center for Public Policy noted that MicroStrategy’s stock outperformed Amazon’s stock by 537% due to its Bitcoin strategy.
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🔥 BITCOIN MENA: David Bailey, CEO of BTC Inc opens up the event by highlighting the amazing growth of Bitcoin.
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📈INSIGHT: The #altcoin market cap (excluding the top 10) had a weekly close above $425B for the first time since November 2021
h/t: Rekt Capital
⚡️ ICYMI: NFTs started December with $187M in weekly sales volume
Pudgy Penguins recorded $25M in sales, while CryptoPunks had a weekly volume of $16.5M.
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🔥 SAYLOR: “Sell all the US gold, buy Bitcoin and then the trade is free. You’ll demonetize the entire gold asset class and our enemies hold gold in their banks. Their assets will go to zero, our assets will go to $100 trillion and we will control the world reserve capital network.”
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🚨 JUST IN: The U.S. Treasury latest report says “the primary use case for #Bitcoin seems to be a store of value aka ‘digital gold’ in the DeFi world.”
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🇺🇸 ETF FLOWS: Around 3,840 $BTC and 22,130 $ETH were bought on Dec. 6.
BTC ETFs saw $376.6M in net inflows.
ETH ETFs saw $83.8M in net inflows.
🔥 LATEST: BlackRock’s $IBIT bought $253.2M worth of Bitcoin on Dec. 6.
That makes a total of $2.6 billion of inflows this week for $IBIT.
🗞 Catch up on the news over the last 24 hours!
🏛️ National Center for Public Policy Research Proposes Bitcoin Treasury for Amazon
🚀 OKX CEO Star Xu Predicts Bitcoin Will Hit $1M
🏅 John Darsie of SkyBridge Capital: "Bitcoin Is a Better Version of Gold"
🇧🇹 Bhutan Transfers 406 BTC to QCP Capital
📊 Dylan Leclair of Metaplanet: "Market Will Surge in 12–18 Months; Many Will Profit"
🌕 $ETH Nears ATH as US Spot Ether ETFs See Record $836M Weekly Inflows
🌐 MicroStrategy Acquires 21,550 Bitcoin Between Dec. 2 and Dec. 8
🎙️ CZ Discusses Bitcoin’s Price and Future on Stage
🇸🇻 El Salvador Plans Voluntary Bitcoin Acceptance to Secure $1.3B IMF Deal
🔗 MicroStrategy Now Owns 2% of All Bitcoin That Will Ever Exist
🤝 CEO Yana Prikhodchenko Meets eToro’s Yoni Assia at Bitcoin MENA Conference
⚖️ Justin Sun: Bitcoin Downtime Would Cause Panic; Stability Is Key
📑 Riot Platforms Announces $500M Offering for Bitcoin Acquisitions and Corporate Growth
🔥 JUSTIN SUN: While $SOL downtime is manageable, $BTC downtime for even a day would cause panic. His view? Keep #Bitcoin as it is for stability.
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🔥 BULLISH: MicroStrategy now owns 2% of all the #Bitcoin that will ever exist.
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🔥 BULLISH: CZ on stage talking about the price of #Bitcoin and its future!
@Cointelegraph
📊 UPDATE: $ETH nears ATH as US Spot Ether ETFs see a record $836M weekly inflow.
@Cointelegraph
🇧🇹 BREAKING: Bhutan transfers 406 BTC to QCP Capital, suspected for sale.
The government, the 4th largest #Bitcoin holder globally, still holds 12,202 $BTC worth $1.2B.
@Cointelegraph
🔥 BULLISH: OKX CEO, Star Xu, predicts #Bitcoin will hit $1M.
@Cointelegraph
📈INSIGHT: #Ethereum’s chart signals to traders that a new high could hit next week
Crypto traders are turning extremely bullish on $ETH, saying it is going “much higher, far beyond your worst nightmares.”
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🇦🇪 LATEST: The bitcoinmena conference kicks off in Abu Dhabi today.
Notable speakers on Day 1 include: Changpeng Zhao, Justin Sun, Yat Siu, and Dylan LeClair among many others.
Cointelegraph will be covering the entire event. 🔥
⚡️BRAD GARLINGHOUSE: Countering crypto skepticism on 60 Minutes, the Ripple CEO highlighted U.S. spot Bitcoin ETFs as being the "most successful" ever.
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🚨 LATEST: Several crypto industry executives have voiced frustration over the re-election possibility of the vocal crypto skeptic, SEC commissioner Caroline Crenshaw which voting will take place on Dec. 11 by the U.S. Senate Banking Committee.
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🔥 INSIGHT: The two Papa John's pizzas ordered by programmer Laszlo Hanyecz in 2010 for 10,000 Bitcoin are now worth $1 billion!
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🚨 LATEST: Telegram founder Pavel Durov questioned in Paris court for the first time regarding a legal case involving allegations of the messenger app facilitating criminal activity, according to AFP.
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🚨 LATEST: The U.S. FSOC warns stablecoins remain a potential risk to financial stability in its latest report, claiming they are acutely vulnerable to run absent appropriate risk management standards.
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🔥 BULLISH: Crypto adoption continues to soar, with over 400 million active wallets.
@Cointelegraph