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💎 JUST IN: The Open Network (TON) has launched the TON Teleport BTC cross-chain bridge, enabling Bitcoin transfers to and from the blockchain as tgBTC in Telegram.
Deposits and withdrawals are fully autonomous, without third-party intermediaries.
🔥 NEW: Cardano founder Charles Hoskinson predicts #Bitcoin could reach $500,000 in two years, driven by #DeFi growth and increased government adoption.
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🇪🇺 LATEST: Europe’s Coinbase users frustrated as MiCA forces sunset of USDC yield
Some Coinbase users are airing frustration at the region’s MiCA laws, which is forcing the exchange to stop offering yield on $USDC in the European Economic Area.
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🇭🇰 LATEST: Hong Kong central bank to subsidize companies issuing tokenized bonds.
The HKMA’s Digital Bond Grant Scheme (DBGS) will subside up to 50% of the “Eligible Expenses” for each eligible digital bond issuance — but only up to a certain amount.
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📈 INSIGHT: Around 90% of $ETH holders are now in profit.
It marks a roughly 21% increase since the start of November.
🔥 JUST IN: Demand for leveraged #Ethereum ETFs has increased more than 160% since Nov. 5
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🔥 UPDATE: Tether has minted 15 billion $USDT this month.
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🗞 Catch up on the news over the last 24 hours!
📑 SEC Files "Bitwise 10 Crypto Index ETF"
🤑 SOS Jumps 40% After Announcing $50M Bitcoin Purchase
📊 ETF Flows: 1,120 BTC and 27,080 ETH Bought on Nov. 27
💰 Hong Kong Plans Crypto Tax Exemptions for Private Equity and Hedge Funds
🔗 Uniswap Hits Record Monthly Volume on L2 With DeFi Resurgence
🎮 ZachXBT Ties Ex-Fortnite Pro to $3.5M in Memecoin Scams
🏦 Metaplanet Raises $62M, Boosting Bitcoin Holdings
🪙 Marathon Digital Adds 703 BTC, Total Now 34,797 Worth $3.3B
📤 Ethereum Co-Founder Moves $72.5M in ETH to Kraken, Retains $384M
🎙️ Rise’n’Crypto: From $160 to $5.6M?
⏳ 12 Years Since Bitcoin’s First Halving, From 50 BTC to 3.125 BTC
🔄 Tether Transfers 495M USDT From Treasury to Binance
🚨 JUST IN: Tether moves 495M $USDT from its treasury to Binance.
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🎙️ Rise’n’Crypto: From $160 to $5.6M?!
A memecoin trader’s wild success, #Bitcoin at $90K, and Pantera’s 130,000% returns, Robert Baggs dives into the stories making waves this week.
🎧 Tune in!
🔥 BULLISH: Marathon Digital adds 703 $BTC, bringing total holdings to 34,797 #Bitcoin, worth $3.3 billion.
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⚡ LATEST: ZachXBT alleges former pro-Fortnite player helped steal $3.5M via memecoin scams
An investigation by ZachXBT has linked addresses associated with a former professional Fortnite player and cybersecurity analyst with several high-profile account takeovers.
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🇭🇰 JUST IN: Hong Kong plans for tax exemptions on crypto gains for private equity funds, hedge funds and high-net-worth investment vehicles.
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⚡️ LATEST: SOS Ltd to jump on Bitcoin bandwagon with $50M purchase, stock pops 40%
China-based SOS, which operates a US-based Bitcoin mine, plans to buy $50M worth of #Bitcoin.
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🎙️ Rise'n'Crypto: Is Ethereum Taking the Lead?
ETH open interest hits $8.9B, outpacing Bitcoin’s $6.7B, with 34% monthly gains to BTC’s 31%. Could Ether breach $4K before January 20?
Tune in to find out!
🍌 JUST IN: Justin Sun ate the $6.2 million art piece that he had previously purchased.
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🇭🇰 BULLISH: Boyaa Interactive, the “MicroStrategy of Hong Kong,” swaps 14,200 $ETH for 515 $BTC, now holding 3,183 #Bitcoin worth $49.48M at an average cost of $57,724.
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📈 INSIGHT: Ether ETFs are beating their Bitcoin counterparts amid recent ETH rally
Spot $ETH ETFs saw about $225M in net inflows between Nov. 22-27, which was $190M more than the spot #Bitcoin ETFs.
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📊 INSIGHT: Altcoins to stay choppy until #Bitcoin hits "exuberant move" — Analyst
“We’re really waiting to see that exuberant move, and then we’ll look at that rotation of capital,” noted Swyftx lead analyst Pav Hundal.
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🔥 BULLISH: US spot Bitcoin ETFs bought over $8 billion worth of #Bitcoin in November.
Total Bitcoin ETF holdings now is at 1,089,897 $BTC.
🇨🇭 TODAY: Switzerland's Canton of Bern votes to explore #Bitcoin mining for energy grid efficiency.
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🔥 TODAY: Shiba Inu flipped Stellar!
$SHIB: $15B market cap
$XLM: $14.75B market cap
🚨 NEW: $SOL flips $ETH in fees generated over the last 30 days.
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📊 UPDATE: It has been 12 years since #Bitcoin's first halving, with rewards shrinking from 50 BTC to 3.125 BTC.
Only 1.2M $BTC left to mine as prices near $100K.
🚨 BREAKING: Ethereum co-founder Jeffrey Wilcke transfers 20,000 $ETH ($72.5M) to Kraken, still holding 106,000 $ETH ($384M).
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🇯🇵 JUST IN: Japanese firm Metaplanet to raise $62M through floating price stock rights, boosting its #Bitcoin holdings.
Current holdings: 1,142 $BTC.
📈 INSIGHT: Uniswap sees record monthly volume on L2 as DeFi demand flows back
Uniswap generated a record $38B in volume across major Ethereum layer-2 networks, including Base, Arbitrum, Polygon, Optimism, and several others, As per Dune Analytics data.
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🇺🇸 ETF FLOWS: Around 1,120 $BTC and 27,080 $ETH were bought on Nov. 27
BTC ETFs saw $103 million in net inflows.
ETH ETFs saw $90.1 million in net inflows.
⚡️ Bitcoin’s scalability and high transaction costs limit its integration into #DeFi. Cross-chain interoperability and custodial risks remain key challenges.
Portal to Bitcoin introduces BitScaler, a bridgeless, non-custodial solution that scales Bitcoin’s DeFi capabilities while maintaining user control over assets.
BitScaler reduces congestion, cuts transaction fees, and enables trustless cross-chain swaps using atomic swaps. It improves throughput by grouping offchain transactions into a single onchain action and eliminates the need for centralized bridges.
How do you think solutions like BitScaler will impact Bitcoin and DeFi? Share your thoughts!
[Brought to you by Portal to Bitcoin]