1.Glassnode: Just one step away from $100,000. Who is selling BTC?
After a series of continuous new ATHs, Bitcoin's price is now very close to the impressive and long-awaited price of $100,000 per coin. As with all previous cycles, long-term holders are taking advantage of the influx of liquidity and enhanced demand to once again start selling their holdings on a large scale. Click to read.
2.TORN surged 486.02%: Tornado Cash ruling drives the game of privacy vs. administrative power.
On November 26, the ruling of the Fifth Circuit Court of Appeals in the United States overturned the sanctions against Tornado Cash. As a result, the price of Tornado Cash token TORN soared 486.02% in the past 24 hours, with a trading volume of nearly $10 million, a 24-hour increase of 15438.18%. Click to read.
3.1000x returns: Pantera founder recalls how to seize BTC from 2013-2024.
Pantera Bitcoin Fund recently achieved a crazy milestone - 1000x returns. The post-election surge in Bitcoin prices further pushed the Pantera Bitcoin Fund up by 30%. After deducting fees and expenses, the lifetime return rate of the Pantera Bitcoin Fund is now 131,165%. Click to read.
4. How much longer can Bitcoin 'burn'?
This Tuesday, the reversal trend of the overnight 'Trump trade' impacted the Bitcoin market. The price of Bitcoin briefly surged to about $99,000 before quickly falling back below $93,000, with a maximum drop of over 6%. This was triggered by rumors of a potential ceasefire agreement between Israel and Lebanon, causing market turbulence. Not only Bitcoin, but gold and crude oil prices also fell sharply. Click to read.
5. Why are cryptocurrencies so important in developed economies?
This phrase has long been the battle cry of the cryptocurrency industry, proving its rapid growth and justification for inclusion in mainstream economic discourse. However, while these words resonate more in developing countries with limited access to financial services, they do not fully explain why cryptocurrencies are important in the most developed countries.
