the bitcoin halving, or, more menacingly, “the halvening.”While it’s often a buy-the-hype-sell-the-news kind of event, the halving does tend to push bitcoin higher. Essentially, bitcoin is a finite asset, and every four years the algorithm reduces the number of new tokens that can enter circulation by half (hence the name).“The ‘halving’ is the ultimate geek event for Bitcoiners in 2024,” Antoni Trenchev, co-founder of crypto lender Nexo, said in a statement. “So if history repeats itself … we may not see the peak in Bitcoin until sometime in 2025, with 2024 acting as an entrée to the main event.”Trenchev said the “twin-turbo boost” of the spot ETF approval and the halving, expected in the spring, should propel bitcoin to $100,000 — a 45% jump over its all-time high of 69,000, reached in November 2021.“The road to $100,000 will be lined with unexpected potholes and double-digit declines as Bitcoin,” said Trenchev. “To borrow a phrase from one its biggest detractors Warren Buffett, ‘transfers money from the impatient to the patient.’”For an even more bullish prediction, look to Anthony Scaramucci, the founder of SkyBridge Capital and a longtime bitcoin evangelist.“Bitcoin ends the year at $140,000,” he told the digital news outlet Semafor.

QUICK WEATHER FORECAST:Christmas Day: Scattered rain showers, high 59Tonight: Rain showers continue, low 50Tuesday: Chance of rain, high 59 (40)Wednesday: Spotty showers, high 48 (36)Thursday: Scattered rain/snow mix, 43 (31)Friday: Chance wintry mix, 39 (29)FORECAST DISCUSSION:Merry Christmas and Happy Holidays central Ohio. This Monday is expected to be very warm as temperatures will approach the 60 degree mark. This is not quiet record breaking territory yet, but it will be close. The warmest Christmas on record in Columbus was in 1893 when it reached 64 degrees.On top of a warm Christmas Day, another round of rain showers will move their way across the region. Most of the rain is expected to pick up later in the afternoon and evening hours.Rain will stick around overnight and into tomorrow morning. A very mild night is expected as lows will only fall into the low 50s. New rain totals between today and tonight are expected to be between 1/4-1/2 inches.Waking up on Tuesday it will be calmer, but a few scattered rain chances are expected throughout the day. Better rain chances arrive later in the evening and overnight. Another warm day will be on tap as high temperatures return to the upper 50s.There is the chance of some form of precipitation almost everyday for the last week of the year. Temperatures will also be on a cooling eventually becoming near normal by Friday after a dip in the jet stream rolls over. Some of those rain chances will turn into wintry mix chances with these cooler temperatures.

Shiba Inu, one of the most popular meme coins within the cryptocurrency realm, recently gained notable traction as it recorded a colossal surge in its burn rate over the past day. Moreover, the rise in SHIB burn rate seems to have curated a torrent of speculative buzz across the broader crypto market on Monday as it came forth amid a price drop witnessed by the token.Simultaneously, amid the aforestated saga, a substantial whale transfer also garnered noteworthy attention among crypto market enthusiasts. Notably, the whale transfer reshuffled nearly 4 trillion SHIB between unknown wallets, stirring further speculations for the token.SHIB Burn Skyrockets Amid Whale Activity: ReportAccording to the data unveiled by Shibburn, a platform streamlining SHIB burn metrics, the community seems to have incinerated a whopping 53.13 million SHIB over the past 24 hours. Moreover, in accordance with the data, the burn rate noted a colossal 5043.37% upswing, fueling optimism for the token.Simultaneously, aligning with the surge in burn rate today, the token’s weekly burn rate also recorded a 98.66% upsurge.Meanwhile, a significant whale transaction orbiting Shiba Inu also occurred as the token recorded its burn rate upswing chronicle. Whale Alert, a platform offering on-chain metrics, unveiled data showcasing the transfer of 4.25 trillion SHIB yesterday, December 24. As per the data, an unknown wallet, 0x3ce6bed2…87d896c59f, shifted the aforestated amount to another unknown wallet, 0x9c570088…a22fd8b51b.Intriguingly, the surge in SHIB burn rate, accompanied by the whale transfer of 4.25 trillion coins, coincided with a price drop noted by the token today, stirring a whirlpool of speculations across the crypto horizon.Also Read: Crypto Prices Today: Bitcoin, Pepe Coin Fall As QNT AdvancesShiba Inu Price DropsAs of writing, the Shiba Inu price showcased a marginal drop of 0.97% and is currently trading at $0.00001077. In addition, the token’s 24-hour trading volume also noted a substantial fall of 22.92%, presently evaluated as $199.35 million.Notably, the meme coin’s market cap also portrayed a marginal fall of 0.65%, aligning with the token’s price drop.