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Welcome to Thursday Folks! Bitcoin is trading up at $35,386.12. Looks like Bitcoin might be firmly above $35K, let's get on to the news...
Research is positive that the United States Securities and Exchange Commission (SEC) will cave in in early January and approve a Spot Bitcoin ETF; Bitcoin's price could surge to $150,000 by 2025.(4) Today, St.Galler Kantonalbank works with SEBA Bank to offer customers Bitcoin and Ethereum.(5)
Bitcoin explodes to 18-month peak, leaving $150 Million in liquidations. Bitcoin eyes the $40,000 mark following the FOMC's decision to hold interest rates steady at 5.25% – 5.50%,(2) Meanwhile, Bitcoin price cleared the key $35,000 resistance. BTC is showing positive signs and might rally toward the $36,200 and $37,000 levels in the near term. New BTC price breakouts see Bitcoin traders confirm targets up to $48K.
Crypto whales acquire 30,000 BTC In under a week as Bitcoin soars and Business intelligence firm MicroStrategy has notched a paper gain of $900 million on its stack of 158,400 Bitcoin, spurred by optimism over the potential approval of spot Bitcoin exchange-traded funds.(2) BITMEX co-founder Arthur Hayes says that Bitcoin (BTC) could benefit from a potential crisis in the US banking system. Fidelity's Jurrien Timmer delves into Bitcoin's potential trajectory, positioning it as the "exponential gold" of the digital age.
Bitcoin embraced as a payment method by the Bulgarian Football Team Botev Plovdiv. Tether issues $610M debt financing to Bitcoin miner Northern Data.
Ethereum futures premium hits 1-year high — Will ETH price follow? Solana smashes above $40 in seemingly unstoppable stampede.(2)
Kraken and Gate, leading crypto exchanges, experienced unexpected withdrawal downtimes on November 2, 2023, causing user inconvenience.
Lazarus used ‘Kandykorn’ malware in attempt to compromise exchange — Elastic
WATCH (Throwback Thursday)
Podcasts of the Day:
- How Bitcoin Fights Tyranny with Erik Cason |
- Bitcoin ETFs: Bullish or Bearish? with Alex Thorn | Bankless