Blockstream CEO bets Bitcoin will hit $100K before the halving
Blockstream CEO bets Bitcoin will hit $100K before the halvingAdam Back also believes that Bitcoin could potentially reach between $750,000 to $1 million per token under a bullish scenario.
Happy Monday!The global crypto market cap is $1.53 trillion, with a 24-hour volume of $89.61 billion. The price of Bitcoin is $41,465.54, and BTC market dominance is 52.9%. The price of Ethereum is $2,219.67, and ETH market dominance is 17.4%. The best-performing sector is Art, which gained 16%. The Crypto Fear & Greed Index is currently Greed (74). Top News
Blockstream CEO bets Bitcoin will hit $100K before the halvingAdam Back also believes that Bitcoin could potentially reach between $750,000 to $1 million per token under a bullish scenario. US Space Force Major urges Defense Department to adopt Bitcoin as an ‘offset strategy’Lowery suggested that Bitcoin and its underlying PoW technology could serve as contemporary tools in an offset strategy, potentially redefining the landscape of cyber warfare and defense. Bitcoin price hits $40k amid ETF discussions and BTC halving anticipationInvestor confidence peaks as Bitcoin's value rally aligns with halving countdown and ETF prospects. Latest Insights
More NewsBitcoin zips past $41,000 amid unending ETF optimismBitcoin's price increase has pushed its market capitalization beyond that of Warren Buffet's Berkshire Hathaway. Swiss banks issue first digital bonds using real CHF wholesale wCBDC on regulated DLT platformSwitzerland's SDX and SNB collaborate to deliver first successful CHF digital bond transactions with wCBDC. Standard Chartered-backed Zodia Custody partners with Ripple institutional network MetacoThe alliance between both companies would create bank-grade solutions for cryptocurrency custody. Mantle introduces mETH liquid staking protocol, expanding its Ethereum-based DeFi ecosystemEthereum stakers receive mETH from Mantle's LSP, enabling additional yield opportunities and market-based pricing UK Treasury fears retail digital pound would cause bank run due to easy accessCommittee worried ability to quickly switch large bank deposits into digital pounds during market turmoil would be bad for banks.
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SEC met with Grayscale and seven other spot Bitcoin ETF applicants in late November
Saturday, December 2, 2023
The Commission has seen back-to-back meetings with a long line of industry figures seeking its approval for a spot Bitcoin ETF.
SEC opens comment period for Fidelity’s proposed Ethereum ETF
Friday, December 1, 2023
The SEC has put out the call for public comments on Fidelity's proposed spot Ethereum ETF with a decision possible by March 2024.
BlackRock adjusts proposed spot Bitcoin ETF structure to allay SEC concerns
Thursday, November 30, 2023
BlackRock has revamped its ETF redemption model to mitigate against market manipulation and other regulatory sticking points.
SEC advances decision process on Franklin Templeton’s Bitcoin ETF application
Wednesday, November 29, 2023
Market analysts have been left scratching their heads at the SEC's early decision review of Franklin Templeton's incomplete Bitcoin ETF application.
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