Bitcoin jumped above the $100,000 price point for the first time late Wednesday and continued to climb past $103,000, remaining above the milestone mark into Thursday—but it’s finally dropped back into five figures. BTC is currently trading for $98,969 as of this writing, falling from an all-time high of $103,679 as the leading cryptocurrency bounced around above the $100,000 mark…
Month: December 2024
Bitcoin Price Surge: A New Era Begins
Bitcoin has hit a new milestone, crossing the $100,000 threshold for the first time. This surge comes as part of a broader rally in the cryptocurrency market, largely fueled by the post-election optimism following the election of Donald Trump. But what does this mean for Bitcoin’s future? Will the Bitcoin price surge continue, or is it a fleeting spike? What’s…
Another Publicly Traded Firm Is Putting Bitcoin in Its Treasury—XRP Too
Smaller public companies are taking a leaf out of MicroStrategy’s radical playbook by adopting a Bitcoin treasury strategy. And one is even adding in the Ripple-linked XRP, too. The latest is auto firm Worksport, which trades on the Nasdaq (NASDAQ: WKSP) and sells tonneau covers for pickup trucks. The New York-based company announced Thursday that it was in the process…
Bitcoin at $100K: Industry Voices Say ‘This Is Just the Beginning’
Bitcoin broke the $100,000 barrier on Dec. 4, hitting an all-time high of $103,647 the next day, sending waves of excitement through the crypto world. Crypto Industry Execs Weigh in on the Six-Digit Crypto Milestone This long-awaited achievement lit up social media, as fans and industry insiders celebrated the milestone. Prominent voices in the space […] Source: https://news.bitcoin.com/bitcoin-at-100k-industry-voices-say-this-is-just-the-beginning/
MicroStrategy's Bitcoin buys clock $17B profit
MicroStrategy’s Bitcoin treasury is worth more than $40 billion after BTC surpassed $100,000 per coin. Source: https://cointelegraph.com/news/microstrategy-bitcoin-buys-profit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
More Than a Meme? Bitcoin Tops $100K as the McRib Returns
BBQ sauce, pickles, onions, and pork: A day after McDonald’s fan-favorite McRib sandwich returned to U.S. restaurants, Bitcoin’s price topped $100,000 for the first time ever. Were these ingredients (plus a dash of dextrose sugar) necessary to cement Bitcoin’s record-setting climb? Maybe, probably not, but the unusual correlation between the sandwich’s availability and financial market strength hit the spot Wednesday.…
Bitcoin futures premium hits 8-month high — Will the BTC rally continue?
Bitcoin futures trade with a 20% annualized premium, levels not seen since March. Will the BTC rally continue? Source: https://cointelegraph.com/news/bitcoin-futures-premium-hits-8-month-high-will-the-btc-rally-continue?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Can popup cities revitalize Ethereum’s innovation?
Innovation hubs can advance Ethereum’s ecosystem, cultivating community-driven development and addressing the challenges of transitioning to sustainable blockchain projects. Source: https://cointelegraph.com/news/can-popup-cities-revitalize-ethereum-s-innovation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitfufu Launches Private-Label Mining Pool With Competitive Commission Rates
Bitfufu, a cryptocurrency mining service provider, announced the launch of Bitfufu Pool, a private-label mining pool offering commission rates starting at 0.4%. Bitfufu Expands Services With Low-Commission Bitcoin Mining Pool The service, set to roll out next week, will be accessible via the Bitfufu app and is exclusively focused on Bitcoin mining. The company, Bitfufu […] Source: https://news.bitcoin.com/bitfufu-launches-private-label-mining-pool-with-competitive-commission-rates/
Attention economy has fueled memecoins — Hashed co-founder
Hashed co-founder Ryan Sungho Kim spoke to Cointelegraph at India Blockchain Weeks about the effect of the attention economy on memecoins. Source: https://cointelegraph.com/news/hashed-cofounder-ryan-kim-attention-economy-memecoins?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound