Bitcoin Sale Only in Decades-Long Slump
@Strategy CEO Phong Le confirms Bitcoin reserves will only be sold during a decades-long liquidity crisis, dismissing current concerns as “FUD.” #Update #Crypto $BTC
@Strategy CEO Phong Le confirms Bitcoin reserves will only be sold during a decades-long liquidity crisis, dismissing current concerns as “FUD.” #Update #Crypto $BTC
Two dormant Casascius coins, each backed by 1,000 $BTC, were activated after over 13 years, unlocking $179 million. One was minted in October 2012 at $11.69; the other in December 2011 at $3.88. #Update #Crypto $BTC
The Bank of Japan plans a 25-basis-point interest rate hike to 0.75% on December 19, impacting global markets and potentially tightening liquidity for $BTC amid rising yen funding costs. #Update #Crypto $BTC
@Strategy raised $1.44B to address investor concerns amid Bitcoin’s downturn, ensuring 21 months of dividend coverage and dispelling FUD regarding its financial health. #Update #Crypto $BTC
Tom Lee predicts Bitcoin adoption could see 200x growth, highlighting a promising future for the cryptocurrency market. #Update #Crypto $BTC
Mashreq Capital launches a multi-asset investment fund with Bitcoin exposure for UAE retail investors, bridging traditional and digital finance. #Update #Finance $BTC
Glassnode launched interpolated implied volatility metrics for $BTC, $ETH, $SOL, $BNB, $XRP, and PAX Gold to enhance options market analysis. #Update #Crypto
Analyst ZachXBT reports a potential arrest of British hacker Danny Miech in Dubai linked to the $243M Genesis theft; suspect’s Ethereum address holds $18.6M, but UAE authorities haven’t confirmed. #Breaking #Crypto $ETH
Bitcoin’s ($BTC) short-term trend may be affected by rising sell-side pressure, with whale deposits to exchanges increasing and Binance’s BTC inflows at yearly highs, indicating potential volatility. #Update #Crypto $BTC
Binance’s Changpeng Zhao debated Bitcoin critic Peter Schiff at Binance Blockchain Week, arguing Bitcoin’s advantages over gold in adoption and global reach. #Update #Crypto $BTC
Gold analyst Jess Colombo suggests a potential breakout to $5,200 following November 28’s preliminary move. #Update #Commodities
The SEC’s request led ProShares to withdraw plans for leveraged ETFs linked to major stocks and crypto assets like $BTC, $ETH, $XRP, and $SOL. No securities were sold. #Update #Legal
Trump’s National Security Strategy promotes increased military spending from allies, potentially raising bond yields and inflation, which may hinder rate cuts, impacting assets like $BTC and gold. #Update #Crypto $BTC
Cantor Fitzgerald cuts @MicroStrategy’s price target by 59% to $229, citing treasury value decline and potential MSCI index removal fears. Bitcoin falls below $90,000. #Update #Crypto $BTC