Crypto

Source: Bitcoinist Bitcoin soared past its $106K ATH late last night, tracking from a 50% price spike since the US election outcome due to Donald Trump’s crypto advocacy.  Its upswing also follows anticipation of the Federal Reserve’s (Fed) upcoming interest rate changes, possibly a 25-basis-point cut during the Federal Open Market Committee (FOMC) meeting on…

Source: Coin Tegraph MicroStrategy’s latest Bitcoin purchase brings its total BTC holdings to 439,000 BTC, bought at the aggregate purchase price of $27.1 billion. Read Full Article

Source: Coin Tegraph Prominent Ethereum devs say significantly raising gas limits will increase network capacity and innovation, but others say too big of an increase would pose serious risks to stability and security. Read Full Article

Source: Coin Tegraph Mark Longo, owner of Peanut the Squirrel, accused Binance of using his Peanut’s likeness without permission to promote the PNUT memecoin. Read Full Article

Source: Bitcoinist World Liberty Financial (WLFI), the decentralized finance (DeFi) platform funded by Donald Trump and his family, has made news for its recent acquisition of ONDO tokens. According to Arkham Intelligence’s on-chain statistics, on December 16, 2024, WLFI purchased 134,216 ONDO tokens via the Cow Protocol for about $250,000 USDC. This strategic move demonstrates…

Source: Bitcoinist The blossoming of blockchain technology and cryptocurrencies has sparked innovation across all industries, and travel is no exception. From cross-border payments to decentralized platforms, cryptocurrencies promise to make travel more efficient and inclusive.  However, while the idea of crypto-travel is gaining momentum, its implementation faces major challenges that need to be addressed for…

Source: Coin Tegraph Crypto ETPs recorded $20.3 billion of inflows during the past 10 weeks, accounting for 45% of all inflows in 2024. Read Full Article

Source: Bitcoinist Given Bitcoin’s renewed upside momentum, robust optimism and confidence in the flagship digital asset have risen significantly within the crypto community. As a result, small-scale or retail investors are demonstrating a strong interest in BTC, indicated by their continuous accumulation of the coin at a rapid rate.  Small Bitcoin Wallets Under 1 BTC…

Source: Coin Tegraph The intrinsic value of cryptocurrencies can be calculated using Metcalfe’s Law, production costs and discounted utility models. Read Full Article

Source: Coin Tegraph The Grayscale Bitcoin Trust has had $21 billion in outflows since January, overshadowing gains from nine of the US-based spot Bitcoin ETFs in the market. Read Full Article