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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.
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🔥 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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Which BIG memecoin has the potential to claim the top spot by market cap this cycle? 🤔
DOGE [🔥]
SHIB [❤️]
PEPE [🐳]
BONK [👍]
Other ? Comment the name below 👇
🗞 Catch up on the news over the last 24 hours!
🐕 Dogecoin Flips Porsche in Market Cap
⚖️ US Court Rules Tornado Cash Sanctions Unlawful
🔧 BuilderNet Aims to Solve Ethereum’s Centralized Block Issue
⏳ MARA Crypto Miner Pushes US to Act Faster on Bitcoin Accumulation
💡 Bitcoin’s 50-50 Chance of Reaching $100K by Year-End
👀 US National Debt Hits $36 Trillion, Up 143% Since 2011
📉 Bitcoin Dips as Jim Cramer Says Crypto ‘Deserves a Spot’ in Portfolio
🏠 Low-Income Crypto Investors Using Gains to Buy Homes
🔋 Remixpoint Invests 500M Yen ($3.2M) in Bitcoin
💸 $2B in Daily Bitcoin Profit-Taking Led by New Hodlers
🔄 Bitwise Rebrands $XRP ETP to "Bitwise Physical XRP ETP" as Ripple Invests
❌ Tether Discontinues $EURT Stablecoin Amid EU Regulatory Challenges
🎙️ Rise’n’Crypto: $2B Bitcoin Sell-Off Explained
💼 SOS Company Plans $50M Bitcoin Investment, Bet on Its Global Strategic Value
🎙️ The Agenda: Bitcoin’s Next Evolution
📉 CryptoQuant Reports No Major FOMO from Retail Investors Yet in Current BTC Cycle
🌍 US, China, UK Governments Hold 463,109 BTC Worth $43.2B (2.34% of Supply)
💬 Senator Cynthia Lummis: "#Bitcoin is Freedom Money"
🇺🇸 BULLISH: Senator Cynthia Lummis, "#Bitcoin is freedom money."
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📊 JUST IN: CryptoQuant reports that the current BTC cycle has yet to see significant FOMO from retail investors.
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🇨🇳 LATEST: Chinese publicly traded company SOS unveils plans to invest $50M in #Bitcoin, betting on its future as a strategic global asset.
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🇪🇺JUST IN: Tether has discontinued its $EURT stablecoin, citing the challenging regulatory environment in the European Union.
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🚨 LATEST: $2B in daily #Bitcoin profit-taking is driven by new hodlers, while long-term investors hold steady.
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📊 INSIGHT: Low-income crypto investors are using gains to buy houses: Treasury study
“Zip codes with the highest crypto exposure saw the largest increase in mortgage and auto loan originations and balances over subsequent years,” research economists stated in the U.S. Treasury report.
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🚨 LATEST: The U.S. national debt has rocketed past $36 trillion in 2024, an increase of 143% since 2011.
Bitcoin fixes this.
⚡️ LATEST: Crypto miner MARA wants US moving quicker to gobble up Bitcoin
MARA Holdings says there will soon be a heated race among nations to gather Bitcoin, and the US needs to step up its game.
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🚨 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]
🇺🇸 JUST IN: The SEC has filed the "Bitwise 10 Crypto Index ETF" which includes:
$BTC, $ETH, $SOL, $XRP, $ADA, $AVAX, $LINK, $BCH, $DOT, and $UNI.
🇺🇸 JUST IN: US MetaMask users can now buy crypto with Venmo via MoonPay.
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⚡️ NEW: The governments of the US, China, and the UK collectively hold 463,109 $BTC worth $43.2 billion, representing 2.34% of Bitcoin’s current supply.
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🎙️ The Agenda: Bitcoin’s Next Evolution
Join Jeff Garzik, an OG Bitcoin developer and co-founder of Hemi Network, as he reveals why Bitcoin’s future depends on layer-2 protocols.
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🎙️ Rise’n’Crypto: $2B Bitcoin Sell-Off Explained
Dive in with us as we explore Bitcoin’s $100K potential, Binance delistings, Brazil’s reserve plans, and Tornado Cash’s big legal win.
🎧 Listen now!
🚨 BREAKING: Bitwise rebrands $XRP ETP to “Bitwise Physical XRP ETP” as Ripple announces investment in the product.
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⚡️ JUST IN: Japanese energy and automotive firm Remixpoint invests 500M yen ($3.2M) in #Bitcoin.
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⚡ LATEST: Bitcoin down as Jim Cramer says crypto ‘deserve a spot’ in portfolio
Cramer doubled down on his tip to buy crypto, saying he was “going to call the top by recommending it yet again.”
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📊 INSIGHT: Bitcoin has a 50-50 chance of reaching $100K by year-end: Options data
Nearly half of Bitcoin options traders are betting on a six-figure price by the end of 2024, with a few even eyeing a surge to $150K despite the recent pullback to $90K onchain data shows.
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⚡️ LATEST: BuilderNet aims to solve Ethereum’s centralized block problem
Blockchain infrastructure firm Flashbots has launched BuilderNet, a decentralized block-building network on #Ethereum to “kill censorship” and solve one of the network’s biggest “chokepoints.”
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