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Money & Crypto News

QCP released a daily market report stating that Bitcoin broke through $106,500 during the early Asian trading hours.

The rise was driven by the explosion of about $151 million of short positions in the past 12 hours. The market squeezed shorts during a weekend of low liquidity and slack sentiment (Deribit's funding rate once turned negative), accelerating the rise in Bitcoin prices.

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Luis Buenaventura said that since the Fed's interest rate cut expectations this month have been digested in advance by the market, the direct impact of this policy adjustment on cryptocurrency prices will be relatively limited.

Historical data shows that when Bitcoin rises 50% within 60 days, there is a two-thirds probability of achieving an additional 35% increase in the next two months.

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🇺🇸President-elect Donald Trump says, “Will be doing something great with crypto.”

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ETH, LINK, AAVE and BGB move higher as Bitcoin inches toward new all-time high 🔝

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🗞 December 15, 2024 cryptocurrency news highlights

【Cryptocurrency】
The ETH band winning rate is 85%. Whales have accumulated a total of 788.2 billion PEPE positions in the past 14 hours, which is approximately US$9.13 million.

Economy
"If Bitcoin is going to the moon, I want America to be the nation that leads the way."‼️

Indicators】
Bitcoin breaks through $103,000, up 1.67% in 24 hours

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🪙 Bitcoin’s market cap of over $2 trillion is larger than MasterCard and Visa combined

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Bitcoin breaks through $103,000, up 1.67% in 24 hours

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Musk responds to CZ's contribution to Twitter acquisition: Thank you. CZ responded to Musk's thanks with a "handshake" emoji, and Musk followed CZ again👏

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🪙 Bitcoin’s market cap of over $2 trillion is larger than MasterCard and Visa combined

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"If Bitcoin is going to the moon, I want America to be the nation that leads the way."‼️

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Bitvavo has once again solidified its position as the largest EUR spot exchange globally 🔥

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Korean National Assembly passed the impeachment of Yoon Seok-yue. The impeachment case will be submitted to the Constitutional Court for trial after it is passed by Congress, and the trial process can take up to 180 days 🇰🇷

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The cumulative net inflow of U.S. Bitcoin spot ETFs this week is $2.167 billion 💵

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Bitcoin broke through $102,000 and is now quoted at $102,041, a 24-hour increase of 1.98%. 📈

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US DOJ sentences Bitcoin investor to prison for underreporting capital gains from selling $3.7 million in BTC❗️

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Japanese politician questions their government about Bitcoin reserve movements in the USA and other countries 👀

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The number of global Gate. io users reaches a new high, officially breaking through the 20 million mark

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Satoshi Action Fund CEO: The third state in the United States will officially launch “strategic Bitcoin reserve” legislation

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Long-term Bitcoin holders have started selling, except for those who have held for more than seven years, reducing their overall holding from over 60% to around 50% 📤

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For the 6th week in a row, Michael Saylor posts the Saylor Bitcoin tracker 👀

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LAWRENCE LEPARD: 🟠 “The government can’t print Bitcoin and the government can print dollars and their gonna print a shitload of dollars.”

The “Big Print” is coming.

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The ETH band winning rate is 85%. Whales have accumulated a total of 788.2 billion PEPE positions in the past 14 hours, which is approximately US$9.13 million.

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Michael Saylor: MicroStrategy's mission is to build a bridge between traditional capital markets and Bitcoin💰

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U.S. states are now introducing their own Strategic Bitcoin Reserve legislations ✍️

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🗞 December 14, 2024 cryptocurrency news highlights

【Cryptocurrency】
The cumulative net inflow of U.S. Bitcoin spot ETFs this week is $2.167 billion 💵

Economy
National Bank of the United Arab Emirates invests in Zodia Custody, a crypto custody company under Standard Chartered Bank 🏦

Indicators】
$118 billion VanEck predicts $180,000 Bitcoin and the U.S. will embrace a Strategic BTC Reserve in 2025 🔥

More
US DOJ sentences Bitcoin investor to prison for underreporting capital gains from selling $3.7 million in BTC❗️

Japanese politician questions their government about Bitcoin reserve movements in the USA and other countries 👀

South Korean President Yoon Seok-yue stops exercising presidential power 🛑

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South Korean President Yoon Seok-yue stops exercising presidential power 🛑

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National Bank of the United Arab Emirates invests in Zodia Custody, a crypto custody company under Standard Chartered Bank 🏦

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Ella Hough presents study from Cornell University on how Bitcoin is being used as a tool for Financial Freedom with evidence from 25 countries 💪

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Riots acquires 5,117 Bitcoin at an average price of $99,669 per BTC using the net proceeds from its recent $525M bond issue ⬆️

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$118 billion VanEck predicts $180,000 Bitcoin and the U.S. will embrace a Strategic BTC Reserve in 2025 🔥

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🗞 December 13, 2024 cryptocurrency news highlights

【Cryptocurrency】
Bitcoin Ecosystem Wallet Xverse to Integrate Stacks’ sBTC

Economy
🇰🇪 Kenya’s National Fire Brigades Association added Bitcoin to their balance sheet

Texas is considering a bill that would adopt Bitcoin as a strategic reserve for the state, with funds to be held for at least five years without being sold.

Indicators】
The market shows that BTC broke through $102,000, and now it is reported to $102,039.99, with an increase of 1.57% in 24 hours 🔝

More
Lana Negrete, popularly known for her pro stance on crypto, has been officially appointed as the mayor of Santa Monica, California 🔥

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