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Money & Crypto News

Bitcoin Lightning Fintech Company ZBD Receives EU MiCA License

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Binance Alpha announces first batch of projects MONKY, RIF, HappyCat, ZRC and ELIZA

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Bitcoin briefly fell below $105,000 and is now quoted at $105,100, a 24-hour drop of 1.24%.📉

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🔶 BNB Surpasses 730 USDT with a 0.41% Increase in 24 Hours

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Next time someone says MicroStrategy is a Ponzi, play them this Saylor Thug Life Mic Drop moment 👀

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A European MP gave a pro-Bitcoin speech in the European Parliament, advocating for the creation of a "Strategic Bitcoin Reserve."

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Bitcoin breaks through $107,000

Bitcoin broke through $107,000 and is now quoted at $107,001, a 24-hour increase of 1.6%.

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Total assets under management of US ETFs exceed $10 trillion for the first time, of which $40 billion is invested in crypto📈

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🕯 Tether's (💵USDT) market valuation has reached $140 billion, representing 3.75% of the total $3.73 trillion cryptocurrency market as of December 16

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Bitcoin has surged by 26,931% over the past 10 years. The analysis shows Bitcoin outperforming traditional assets like gold, S&P 500, oil, and treasury bonds across 1, 3, 5, and 10-year periods 📈

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🗞 December 16, 2024 cryptocurrency news highlights

【Cryptocurrency】
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. 💸

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

Indicators】
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% 📤

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

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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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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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The Coinbase 2024 transparency report revealed it received 10,707 law enforcement requests this year, down 18% year-over-year (YoY).

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If Bitcoin falls below $103,000, the cumulative long order liquidation intensity of mainstream CEX will reach 975 million🕯

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The reasonable range of 10-year US Treasury bond interest rates is around 4.3%-4.6%👀

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In the U.S., Bitcoin ETFs have surpassed Gold ETFs in AUM, flipping gold despite its 20-year lead 📈

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🗞 December 17, 2024 cryptocurrency news highlights

【Cryptocurrency】
🕯 Tether's (💵USDT) market valuation has reached $140 billion, representing 3.75% of the total $3.73 trillion cryptocurrency market as of December 16

Economy
Donald Trump attended the Blockchain Association Annual Policy Summit dinner, voicing support for developing the blockchain industry to keep businesses from relocating to countries like China.🇨🇳

Indicators】
Bitcoin has surged by 26,931% over the past 10 years. The analysis shows Bitcoin outperforming traditional assets like gold, S&P 500, oil, and treasury bonds across 1, 3, 5, and 10-year periods 📈

More
A European MP gave a pro-Bitcoin speech in the European Parliament, advocating for the creation of a "Strategic Bitcoin Reserve."

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Money & Crypto News

Binance Custody Platform Ceffu Withdraws $34.2 Million Worth of SOL, RENDER, and Other Altcoins from Binance

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Donald Trump attended the Blockchain Association Annual Policy Summit dinner, voicing support for developing the blockchain industry to keep businesses from relocating to countries like China.

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💰Bitcoin should continue pumping through next year, based on historical trends 👀 How high will BTC rise in 2025? 🚀

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Ethereum ETFs saw record inflows last week, surpassing $854 million, while Bitcoin funds attracted $2.1 billion between December 9 and 13 💰

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Bitcoin surpassed $107,000, reaching a new all-time high less than 24-hours after hitting a record $106,000.🔥

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MicroStrategy increases its holdings of 15,350 BTC for approximately $1.5 billion

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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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