U.S. Bitcoin Reserve Gains Traction
Growing support for a U.S. Bitcoin reserve post-Trump's inauguration. Estimates show a 64% chance for the reserve by 2025 via Polymarket. The proposal under the BITCOIN Act aims to accumulate 1M bitcoins over five years. Advocates highlight potential benefits while critics voice concerns about volatility and logistical issues. The initiative reflects a broader trend of governments exploring digital assets, alongside China's digital yuan advancements. More on the future implications of this movement on global finance.
#Bitcoin#Crypto#VC#Finance#DigitalAssets#Polymarket#Blockchain#Trump#Economy#Investment#Innovation#CentralBank#Cryptocurrency#DigitalDollar#China#Gold#Assets
SEC Seeks Extension on Coinbase Appeal
The SEC has requested a 28-day extension to respond to Coinbase's appeal, pushing the deadline to March 14, 2025. This extension arises as the SEC reviews ongoing cryptocurrency regulatory issues. Coinbase consents to this motion, and the SEC emphasizes that granting the extension will not prejudice any party involved. This request follows a previous 14-day extension and coincides with the launch of the SEC's crypto task force aimed at developing regulatory frameworks for crypto assets. Recent leadership changes at the SEC may lead to a more crypto-friendly regulatory environment, possibly affecting the ongoing case with Coinbase.
#SEC#Coinbase#Crypto#Regulation#Blockchain#CryptoTaskForce#Finance#Law#Appeal#Innovation#Investing#Market#Assets#Token#DeFi#Web3#VC
$2.5M Funding for Island Passage
Island Passage Exploration Ltd. has raised $2.5 million in funding as of December 19, 2024. For more details, visit Island Passage.
#Funding#IslandPassage#Exploration#Investment#Mining#Company#Startups#News#Canada#Resources#Finance
Major ETH Whale Makes Big Transfers
A whale from the Ethereum Genesis Block moves 3,370 ETH ($11.37M) to Kraken and has transferred a total of 48,687 ETH this year, averaging $3,528 per ETH. Remaining balance is 7,594 ETH ($25.72M). Read more.
Galaxy Digital's Alex Thorn warns that if the IRS classifies DeFi front-ends as brokers, the DeFi sector may need to comply, restrict US users, or forgo upgrades and profits. Read more.
Hyperliquid reports over $1M in daily revenue for the past week. Read more.
New proposal includes $USTB, a tokenized fund of U.S. Treasury Bills, as reserves for frxUSD. Read more.
#ETH#DeFi#IRS#Crypto#Blockchain#Finance#US#Treasury#Revenue#Investment#Whale#Ethereum#FrxUSD#USTB
Cleanspark Hits Record Revenue, Expands BTC Reserves
📈 Bitcoin mining company Cleanspark reports record Q4 2024 revenue of $162.3 million, up 120% YoY. It now holds 10,500 BTC valued at $929 million, primarily self-mined at $34,000 per BTC. CEO announces ambitions to grow hash power to 50 EH/s by 2025. After closing a $650 million convertible bond, the firm solidifies its position in the U.S. mining space.
💔 On-chain Bitcoin activity dips to an annual low, with transactions currently around 349,000 per day, down 53% from September's ATH of ~734,000.
Experts note significant outflow of Bitcoin from exchanges, indicating accumulation trends among major players.
🔗 Details: Cleanspark Revenue • Market Analysis
#Cleanspark#Bitcoin#Mining#BTC#Crypto#Finance#USDC#Revenue#Market#Blockchain#DigitalAssets#Investing#Tech#AI#VC#Treasury#Economy#Growth#Analytics#CryptoQuant
Kraken Expands Crypto Trading in Europe
Kraken has secured an EU MiFID license through the acquisition of a Cypriot firm, enabling expansion of regulated crypto derivatives trading across European markets. This move aligns with increasing regulatory clarity in the crypto space. Read here!
#Kraken#EU#Crypto#Derivatives#MiFID#Regulation#Trading#Market#Finance#CryptoNews#Blockchain#Investment#Innovation#Tech#Economy#FinanceNews#TechNews#VC#AI
Market Moves: KIP Protocol & Canada Banks
KIP Protocol states token issuance is under Kelsier Ventures. Argentine President Milei pledged support but will reinvest $100M into Libra tokens. Meanwhile, Canada's National Bank and Bank of Montreal acquire a total of $1.315B in $MSTR shares. KIP Protocol Link
#KIP#Kelsier#Argentina#Libra#Bitcoin#MSTR#Canada#Finance#Investment#MarketMaking#Crypto#VC
Trump Announces National Crypto Reserve
🇺🇸 President Trump announces plans for a U.S. national crypto reserve, including assets like XRP, SOL, and ADA. He established a presidential working group to strategize this reserve. The announcement has sparked controversy, with accusations of insider trading and mixed opinions on asset choice. Bitcoin and Ethereum will also play significant roles in the reserve. Read more details here.
#Crypto#XRP#Bitcoin#Ethereum#SOL#ADA#US#Reserve#InsiderTrading#Blockchain#Trump#Finance#Investments#VC#Regulation#DigitalAssets#Stablecoins#PaymentSystems
MicroStrategy's Big Bitcoin Acquisition
MicroStrategy has acquired 20,356 BTC for approximately $1.99 billion at an average price of ~$97,514 per bitcoin. The company now holds a total of 499,096 BTC, acquired for about $33.1 billion at an average price of ~$66,357 per bitcoin, achieving a BTC yield of 6.9% year-to-date 2025. For more details, visit the official press release at Strategy.
#Bitcoin#Microstrategy#Crypto#Finance#Investments#BTC#YTD#Blockchain#Assets#Market#Strategy#Reporting#Economy#Tech#Trading#CryptoNews#VC#HODL
Ничего особо не видел. Туман был сильный.
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Crypto Flow Insights December 19
BTC ETF inflows reached $275.3 million. ETH ETF saw inflows of $2.5 million. Check out more on CryptoTwitter.
#BTC#ETH#ETF#Inflows#Crypto#Market#Trends#Investing#Finance#December#News#Updates#Analysis#Data#Assets#Trading#Investments
Massive $4M Profit in Hours!
Mr. Burns profited over $4 million within six hours of trading the VINE token. Initially investing $70k, he sold 9.96 million VINE for $2.36 million while retaining 4.67 million VINE worth $1.73 million—highlighting a surge in the token's value. 📈
Full story: Mr. Burns’ Trading Success
#Crypto#VINE#Trading#Profit#Investing#Tokens#Blockchain#ATH#Finance#Wealth#MrBurns#VentureCapital#Speculation