It was a memorable week in crypto history as Bitcoin surged past the $100,000 level, achieving a market cap of $2 trillion. Meanwhile, the US government transferred $1.9 billion in seized BTC to Coinbase Prime.
Regulatory developments include Trump’s pro-crypto appointment and Czech tax reform. Along with major business moves like Grayscale’s Solana ETF filing and Binance’s DeFi push,
Bitcoin
Bitcoin ($BTC) is holding up. $95,000And the imminent breakout of the short-term triangle could be up or down. Meanwhile Michael Saylor’s MicroStrategy just bought another $1.5 billion in BTC, and US Spot Bitcoin ETFs came in on Monday with $4.22 billion worth of BTC.
From a high of more than $98,000 on Monday, the $BTC price fell to new lows. $93,600 On Tuesday, however, bulls stepped in and supported the price back up to $96,700.
Bitcoin breaks through 100,000 dollars The psychological barrier on December 5 resulted in a market cap of more than $2 trillion.
According to blockchain company Arkham Intelligence, the US government has already made its move. $1.9 billion Bitcoin (BTC) confiscation value for Coinbase Prime
Altcoins
Among the highly volatile cryptocurrency landscape includes Solana (SOL) and Cardano (ADA). New Ethereum DeFi coins Features an advanced hybrid trading platform. It provides the perfect combination of decentralized and centralized exchange features.
New Ethereum-based tokens Yeti Uro (YETIO) is attracting attention. Analysts predict that Bitcoin may follow its parabolic trajectory in the next few years.
With revolutionary innovations like Proof of Intelligence (PoI) and Artificial Intelligence Virtual Machine (AIVM) AI Lightchain Protocol Working to combine blockchain and AI
Haliey Welch, the 22-year-old internet sensation who shot to fame with her viral “Hawk Tuah” TikTok video, is facing criticism after her coin meme. $Hawk It failed 91% post-launch amid allegations of insider trading and poor management.
business
Join the Competition Amid Solana’s Significant Market Growth Gray scale investment has filed with the SEC to convert Solana Trust into a Spot ETF on NYSE Arca.
Web 3
Backed, Chainlink, Sonic and Fortlake Asset Management announced partnership to tokenize Fortlake’s Sigma Opportunities Fund, marking an important step in bringing traditional financial assets to the blockchain.
Binance is taking a bold step into decentralized finance (DeFi) with the launch of Online rewards programIt is scheduled to launch on December 9th.
Camino Network joins forces with e-money provider Monerium to advance online payment in the travel industry by bringing Monerium and the popular EURe, Euro Online, to Camino Network, allowing users to conduct transactions for travel businesses.
The EOS blockchain has taken another important step towards institutional participation by partnership with Ceffu, Binance’s institutional governing body
Regulations
Czech Republic is working progressive laws To simplify the crypto tax burden and abolish the Bitcoin (BTC) capital gains tax held for at least three years, starting in 2025.
Donald Trump President-elect Select former PayPal COO David Sachs As the White House AI and Crypto Czar mark an important step in overhauling US policy towards crypto
President Donald Trump has appointed Paul Atkins As SEC chairman, the transition to clearer, more crypto-friendly regulatory policies stands in sharp contrast to Gary Gensler’s enforcement-driven tenure.
Alex MachinskyThe founder and former CEO of failed digital lending platform Celsius Network has pleaded guilty to two counts of fraud.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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