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JUST IN: Terraform Labs co-founder Do Kwon pleads not guilty to US fraud charges at his hearing in Manhattan.
#Terraform's
#USGovernment
#BTCMiningPeak
#Binance250Million
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🚀 Notcoin, Hyperliquid and Starknet among top airdrops of 2024 📣 According to BeInCrypto, cryptocurrency projects distributed over $19 billion to the community in 2024. ✅ This estimate is likely inflated. Nevertheless, even after recipients sold off tokens and prices dropped, the total value of NOT tokens distributed by Notcoin stands at $545 million. ✅ The value of 31 million HYPE tokens distributed by Hyperliquid in November was around $1.1 billion, but it has since dropped to $750 million. ✅ Starknet’s airdrop of 700 million STRK is currently valued at $370 million.#NOT #Notcoin👀🔥 #Hyperliquid #strk #Binance250Million $NOT
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Why a U.S. Bitcoin Strategic Reserve Is Critical to Fending Off China
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MicroStrategy's Dismal December Still Keeps It at Top of 2024 Bitcoin-Tied Asset Rankings
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🔻 Bitcoin-Leveraged Play MicroStrategy's Bullish Call Skew Disappears in Cautious Market Sentiment MicroStrategy's (MSTR) bullish call skew has diminished amid cautious market sentiment, as reflected in recent internal options data. The company's stock price has dropped 44% from its record high of $589 in November, leading to a shift in sentiment from bullish to neutral. This is highlighted by a change in MSTR's 250-day put-call skew, which has moved from -20% to zero, indicating that call options are now trading at parity with put options. Analysts suggest that the bullish narrative surrounding Bitcoin as a treasury asset is losing traction, especially as MicroStrategy's stock underperforms compared to Bitcoin itself. The company, which has accumulated 446,400 BTC since 2020, saw its shares decline by 25% in December, while Bitcoin remained relatively stable. This decline suggests that investors are unwilling to pay a premium for MSTR shares when they can directly purchase Bitcoin at a lower cost. #USJoblessClaimsDrop #USJoblessClaimsDrop #BitcoinTurns16 #BitcoinHashRateSurge #MicroStrategy
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🪙 XRP Rockets 11% as Bitcoin Starts New Year With Bullish Bang XRP surged by 11% as Bitcoin kicked off the new year with strong bullish momentum, driven by significant trading volumes on South Korean exchanges, particularly Upbit, which reported $1.3 billion in trades. Analysts noted that high trading volumes often precede price volatility, typically on the upside. Bitcoin's price rose above $95,000, as market participants anticipate a bullish year, with projections targeting $185,000 for Bitcoin and $5,500 for Ethereum. The optimism is fueled by expectations of a more crypto-friendly U.S. administration under incoming President Donald Trump and the historical impact of Bitcoin halving events, which typically lead to price increases. Overall, the broader cryptocurrency market saw substantial gains, with major tokens like Cardano, Solana, and Chainlink also experiencing increases. #xrp #XRPBackInTop3 #Chainlink #BitcoinTurns16 #btc
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