๐ฅ Bitcoin Rollercoaster Wipes Out $56M
Within just an hour, Bitcoin surged past $100,000 only to crash below $98,000โa wild ride that left traders reeling.
During the chaos, over $56 million in positions were liquidated, mostly from over-leveraged Bitcoin longs.
๐๐ High stakes, high risksโwelcome to the crypto thrill ride! ๐ข
Within just an hour, Bitcoin surged past $100,000 only to crash below $98,000โa wild ride that left traders reeling.
During the chaos, over $56 million in positions were liquidated, mostly from over-leveraged Bitcoin longs.
๐๐ High stakes, high risksโwelcome to the crypto thrill ride! ๐ข
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๐ฅ Crypto Market Wipeout: $1.7B Liquidated!
In the last 24 hours, a staggering $1.7 billion in liquidations hit crypto exchanges, with $1.14 billion occurring in just 4 hours. Over 565,000 traders were liquidated, most holding long positions on altcoins.
๐ Bitcoin briefly dropped to $94,000, while many major cryptocurrencies nosedived over 20%.
๐จ The largest single liquidation? A $19.69M ETHUSDT position on Binance.
Trading in crypto? Brace yourselfโit's not for the faint-hearted. ๐ฌ๐ธ Data: Coinglass.
In the last 24 hours, a staggering $1.7 billion in liquidations hit crypto exchanges, with $1.14 billion occurring in just 4 hours. Over 565,000 traders were liquidated, most holding long positions on altcoins.
๐ Bitcoin briefly dropped to $94,000, while many major cryptocurrencies nosedived over 20%.
๐จ The largest single liquidation? A $19.69M ETHUSDT position on Binance.
Trading in crypto? Brace yourselfโit's not for the faint-hearted. ๐ฌ๐ธ Data: Coinglass.
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๐Bitfinex: the Bitcoin market shows signs of cooling down
Bitfinex reports that despite recent chaos, the market shows signs of stabilization.
๐ฐRealized profits dropped from $10.5B to $2.5B, easing sell pressure, while futures funding rates normalized, reducing speculative leverage. ETF inflows have slowed but continue to support Bitcoinโs bullish outlook.
With conditions calming, deep corrections like last week could become less frequent, paving the way for steady growth if ETFs keep flowing and HODLers remain strong. ๐๐
Bitfinex reports that despite recent chaos, the market shows signs of stabilization.
๐ฐRealized profits dropped from $10.5B to $2.5B, easing sell pressure, while futures funding rates normalized, reducing speculative leverage. ETF inflows have slowed but continue to support Bitcoinโs bullish outlook.
With conditions calming, deep corrections like last week could become less frequent, paving the way for steady growth if ETFs keep flowing and HODLers remain strong. ๐๐
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๐ Bitcoin: Newbies Take Over the Market!
The realized cap of BTC under 1 month old has skyrocketed by +909%, reaching $343B since the start of the cycle. ๐
Translation? Long-term holders are cashing out, while fresh buyers are eagerly scooping up their Bitcoin. The new wave of investors is here! ๐๐ช
The realized cap of BTC under 1 month old has skyrocketed by +909%, reaching $343B since the start of the cycle. ๐
Translation? Long-term holders are cashing out, while fresh buyers are eagerly scooping up their Bitcoin. The new wave of investors is here! ๐๐ช
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๐ป Freeze Satoshi's 1M BTC? Avalanche CEO Says Yes!
Avalanche's CEO suggests freezing 1M BTC linked to Satoshi Nakamoto to protect against future risks from quantum computing. ๐คฏ
Early Bitcoin transactions, including Satoshiโs wallet, used the P2PK format, exposing public keys directly in UTXOs. This makes them potentially vulnerable to quantum computers cracking private keys.
Modern wallets now use the P2PKH format, relying on hashed public keys for extra security. But for Satoshiโs coins? The risk is real! ๐จ๐ก
Avalanche's CEO suggests freezing 1M BTC linked to Satoshi Nakamoto to protect against future risks from quantum computing. ๐คฏ
Early Bitcoin transactions, including Satoshiโs wallet, used the P2PK format, exposing public keys directly in UTXOs. This makes them potentially vulnerable to quantum computers cracking private keys.
Modern wallets now use the P2PKH format, relying on hashed public keys for extra security. But for Satoshiโs coins? The risk is real! ๐จ๐ก
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๐ Bitcoin Fever: Jetking Joins the Club!
๐ฎ๐ณ Indian company Jetking saw its stock soar 20% after CEO Avinash Bharwani announced a Bitcoin strategy for their treasury, kicking off with a purchase of 12 BTCโthe first move of its kind in India. ๐
๐จ Meanwhile, MARA Holdings bought a whopping 11,774 BTC for $1.1B at $96K per coin, pushing their total stash to 40,435 BTC worth $3.9B. The purchase was funded through zero-coupon convertible bonds.
๐ But not all is rosy: MicroStrategy, a pioneer of corporate Bitcoin adoption, warns in its filings of "significant financial risks" due to BTCโs volatility. A major price drop could hit liquidity hard, with cash access LIMITED. โ ๏ธ๐
๐ฎ๐ณ Indian company Jetking saw its stock soar 20% after CEO Avinash Bharwani announced a Bitcoin strategy for their treasury, kicking off with a purchase of 12 BTCโthe first move of its kind in India. ๐
๐จ Meanwhile, MARA Holdings bought a whopping 11,774 BTC for $1.1B at $96K per coin, pushing their total stash to 40,435 BTC worth $3.9B. The purchase was funded through zero-coupon convertible bonds.
๐ But not all is rosy: MicroStrategy, a pioneer of corporate Bitcoin adoption, warns in its filings of "significant financial risks" due to BTCโs volatility. A major price drop could hit liquidity hard, with cash access LIMITED. โ ๏ธ๐
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Billionaire advises investing in Bitcoin and gold due to the looming debt crisis๐ฐ
Billionaire investor Ray Dalio, founder of Bridgewater Associates, recommends investing in gold and Bitcoin instead of debt assets like bonds, as global debt in the US, China, and other major countries has reached unsustainable levels. ๐ง
He warns of an inevitable debt crisis that could devalue money, suggesting "hard money" like gold and Bitcoin as hedges against economic uncertainties and geopolitical tensions. With Bitcoin recently surpassing $100K, itโs clear the appeal of digital and physical assets is rising.
Dalio emphasizes thinking strategically and diversifying investments to navigate future economic challenges. His advice? Focus on the big forces shaping the world, not just the daily headlines. ๐ต๐
Billionaire investor Ray Dalio, founder of Bridgewater Associates, recommends investing in gold and Bitcoin instead of debt assets like bonds, as global debt in the US, China, and other major countries has reached unsustainable levels. ๐ง
He warns of an inevitable debt crisis that could devalue money, suggesting "hard money" like gold and Bitcoin as hedges against economic uncertainties and geopolitical tensions. With Bitcoin recently surpassing $100K, itโs clear the appeal of digital and physical assets is rising.
Dalio emphasizes thinking strategically and diversifying investments to navigate future economic challenges. His advice? Focus on the big forces shaping the world, not just the daily headlines. ๐ต๐
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๐ Altcoin Liquidations Break Records!
On December 10, the crypto market saw a massive shakeout, with $1.75B in altcoin liquidationsโthe largest since May 2021. ๐
Derivatives markets also hit a record $12.8B in liquidations, mirroring patterns from the last major bull run. ๐ค
Ethereum funding rates plummeted to their lowest since November, signaling reduced leverage and a more stable foundation for price movements.
๐ Despite the chaos, experts remain optimistic about Bitcoin and Ethereum, pointing to strong ETF inflows as key support, with Bitcoin ETFs seeing a 9-day streak of growth and Ethereum ETFs maintaining momentum for 12 days straight.
The market may be resetting, but the bullish outlook stays strong. ๐
On December 10, the crypto market saw a massive shakeout, with $1.75B in altcoin liquidationsโthe largest since May 2021. ๐
Derivatives markets also hit a record $12.8B in liquidations, mirroring patterns from the last major bull run. ๐ค
Ethereum funding rates plummeted to their lowest since November, signaling reduced leverage and a more stable foundation for price movements.
๐ Despite the chaos, experts remain optimistic about Bitcoin and Ethereum, pointing to strong ETF inflows as key support, with Bitcoin ETFs seeing a 9-day streak of growth and Ethereum ETFs maintaining momentum for 12 days straight.
The market may be resetting, but the bullish outlook stays strong. ๐
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Microsoft Says "No" to Bitcoin Treasury ๐คท
Microsoft shareholders voted against adding Bitcoin to their treasury. Shocking, right? Said no one ever. ๐
Meanwhile, Justin Sun chimed in with some solid financial advice: "Wait until BTC hits $1M before buying." Because clearly, thatโs the perfect time to start. ๐๐
Guess Microsoft will stick to Excel sheets, not Bitcoin wallets for now. ๐๐ธ
Microsoft shareholders voted against adding Bitcoin to their treasury. Shocking, right? Said no one ever. ๐
Meanwhile, Justin Sun chimed in with some solid financial advice: "Wait until BTC hits $1M before buying." Because clearly, thatโs the perfect time to start. ๐๐
Guess Microsoft will stick to Excel sheets, not Bitcoin wallets for now. ๐๐ธ
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๐ BTC Bounces Back to $98KโThe New $20K?
The marketโs recovering, and Bitcoin is back at $98K. Traders are buzzing, claiming $100K is the new $20Kโjust the starting line for BTCโs rally to $150K. ๐งช๐
Is this the calm before another bull run? HODLers, get ready! ๐๐
The marketโs recovering, and Bitcoin is back at $98K. Traders are buzzing, claiming $100K is the new $20Kโjust the starting line for BTCโs rally to $150K. ๐งช๐
Is this the calm before another bull run? HODLers, get ready! ๐๐
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โ ๏ธ Crypto Scam Alert: Beware of Malicious Telegram Bots!
๐ต๏ธโโ๏ธ Experts at Scam Sniffer uncovered a scheme where fake influencers and malicious Telegram bots are used to steal crypto assets.
๐ฅท Scammers create fake profiles on X (formerly Twitter), pretending to be crypto influencers, and lure users into Telegram groups claiming to offer investment tips. Once inside, victims are asked to verify themselves via a bot like OfficiaISafeguardBot, which installs malware to hack wallets and steal funds.
Numerous successful attacks have already been reported. Stay vigilant and donโt trust random โinfluencersโ or bots with your crypto! ๐จ๐ก
๐ต๏ธโโ๏ธ Experts at Scam Sniffer uncovered a scheme where fake influencers and malicious Telegram bots are used to steal crypto assets.
๐ฅท Scammers create fake profiles on X (formerly Twitter), pretending to be crypto influencers, and lure users into Telegram groups claiming to offer investment tips. Once inside, victims are asked to verify themselves via a bot like OfficiaISafeguardBot, which installs malware to hack wallets and steal funds.
Numerous successful attacks have already been reported. Stay vigilant and donโt trust random โinfluencersโ or bots with your crypto! ๐จ๐ก
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๐ How Strong is Your Password?
According to NIST and CISA, your password should be at least 16 characters long to stand up to modern threats like quantum computing. ๐ก
But honestly, who can remember that? ๐ค Most of us will just stick to password managers... and protect them withโwait for itโa weak password. ๐
The real MVP? Two-factor authentication. Trust us, itโs the way to go! ๐โจ
According to NIST and CISA, your password should be at least 16 characters long to stand up to modern threats like quantum computing. ๐ก
But honestly, who can remember that? ๐ค Most of us will just stick to password managers... and protect them withโwait for itโa weak password. ๐
The real MVP? Two-factor authentication. Trust us, itโs the way to go! ๐โจ
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๐ Bitwise Predicts a Bullish 2025 for Crypto!
๐ Bitwise analysts foresee 2025 as a breakthrough year for crypto, with Bitcoin surpassing $200K, Ethereum and Solana reaching new highs, and crypto ETFs attracting record capital.
๐ฎ They predict Coinbase will become the world's most valuable broker, crypto IPOs will dominate, and AI-powered tokens will lead a new meme coin mania. Meanwhile, governments owning Bitcoin will double, and US pension funds could open the floodgates for billions into crypto.
๐ฐ Stablecoins might hit $400B market cap, and tokenized real-world assets could surpass $50B. Oh, and by 2029? Bitcoin could top $1M, overtaking gold's market cap. ๐๐
Get ready for an exciting ride! ๐๐
๐ Bitwise analysts foresee 2025 as a breakthrough year for crypto, with Bitcoin surpassing $200K, Ethereum and Solana reaching new highs, and crypto ETFs attracting record capital.
๐ฎ They predict Coinbase will become the world's most valuable broker, crypto IPOs will dominate, and AI-powered tokens will lead a new meme coin mania. Meanwhile, governments owning Bitcoin will double, and US pension funds could open the floodgates for billions into crypto.
๐ฐ Stablecoins might hit $400B market cap, and tokenized real-world assets could surpass $50B. Oh, and by 2029? Bitcoin could top $1M, overtaking gold's market cap. ๐๐
Get ready for an exciting ride! ๐๐
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๐ค Top 15 Crypto-AI Projects by Market Cap
The fusion of crypto and AI is heating up, and here are the top players leading the way: RENDER, FET, TAO, WLD, VIRTUAL, AIOZ, AI16Z, PRIME, ROSE, GRASS, GOAT, ARKM, ACT, IO, ATH.
From decentralized rendering to predictive AI, these projects are shaping the future of blockchain and artificial intelligence. Which oneโs your favorite? ๐โจ
The fusion of crypto and AI is heating up, and here are the top players leading the way: RENDER, FET, TAO, WLD, VIRTUAL, AIOZ, AI16Z, PRIME, ROSE, GRASS, GOAT, ARKM, ACT, IO, ATH.
From decentralized rendering to predictive AI, these projects are shaping the future of blockchain and artificial intelligence. Which oneโs your favorite? ๐โจ
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๐ Inflation Rises, Bitcoin Nears $100K
๐ US inflation ticked up to 2.7% in November, matching market expectations. Core metrics, excluding food and energy, remained steady at 3.3% year-over-year, signaling a controlled pace but slight upward pressure.
๐ The macro report sent Bitcoin soaring to $99,800, with Ethereum following at $3,785. The crypto market seems to thrive as traditional assets react cautiously to inflation data. ๐๐ฐ
๐ US inflation ticked up to 2.7% in November, matching market expectations. Core metrics, excluding food and energy, remained steady at 3.3% year-over-year, signaling a controlled pace but slight upward pressure.
๐ The macro report sent Bitcoin soaring to $99,800, with Ethereum following at $3,785. The crypto market seems to thrive as traditional assets react cautiously to inflation data. ๐๐ฐ
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One daring trader turned $2,500 into $200,000 by leveraging XRP 500x at $1.9025. ๐ค
The catch? A dip below $1.9004 wouldโve wiped him out faster than you can say โmargin call.โ ๐ ๐ข
Fortune favors the braveโor the wildly risky! ๐๐ธ
The catch? A dip below $1.9004 wouldโve wiped him out faster than you can say โmargin call.โ ๐ ๐ข
Fortune favors the braveโor the wildly risky! ๐๐ธ
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โจ14 years ago, on December 12, 2010, Satoshi Nakamoto posted their last message on the BitcoinTalk forum.
๐ฃ In this historic post, Satoshi discussed the challenges of DoS attacks on the Bitcoin network.
Since then, the mysterious creator of Bitcoin has vanished from the public eye, leaving behind a legacy and a puzzle that continues to captivate the crypto community. ๐คท
๐ฃ In this historic post, Satoshi discussed the challenges of DoS attacks on the Bitcoin network.
Since then, the mysterious creator of Bitcoin has vanished from the public eye, leaving behind a legacy and a puzzle that continues to captivate the crypto community. ๐คท
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๐ฐ Bitcoin draws an average of $80 billion monthly!
๐ Nearly half of all capital inflows into the Bitcoin market over the past 15 years have occurred this year alone, showcasing the explosive growth and renewed interest in the leading cryptocurrency.
Ki Young Ju from CryptoQuant summed it up perfectly:
๐ Nearly half of all capital inflows into the Bitcoin market over the past 15 years have occurred this year alone, showcasing the explosive growth and renewed interest in the leading cryptocurrency.
Ki Young Ju from CryptoQuant summed it up perfectly:
"If you donโt understand what this means, you still donโt understand Bitcoin."
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๐ Tesla shares hit a new all-time high since 2021, propelling Musk's net worth beyond $400 billion, making him the first person in history to achieve this milestone. ๐
๐Key drivers include a $50 billion boost from SpaceX insider share sales and Tesla's remarkable 71% growth this year. Musk has added $218 billion to his fortune in 2024 alone, cementing his position as the world's richest individual.
๐ฐ The combined net worth of the world's 500 wealthiest individuals has also surpassed $10 trillion for the first time!
๐Key drivers include a $50 billion boost from SpaceX insider share sales and Tesla's remarkable 71% growth this year. Musk has added $218 billion to his fortune in 2024 alone, cementing his position as the world's richest individual.
๐ฐ The combined net worth of the world's 500 wealthiest individuals has also surpassed $10 trillion for the first time!
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โ ๏ธ 58,000 Bitcoin ATM Users' Data Stolen!
๐ฅท Hackers breached Byte Federal, one of the largest U.S. Bitcoin ATM networks, stealing sensitive customer data, including names, addresses, phone numbers, IDs, Social Security numbers, transaction details, and photos.
๐ป Byte Federal, operating over 1,200 Bitcoin ATMs worldwide, has reset all customer accounts, updated passwords, and enhanced security protocols to prevent future incidents.
Stay alert and safeguard your accounts!
๐ฅท Hackers breached Byte Federal, one of the largest U.S. Bitcoin ATM networks, stealing sensitive customer data, including names, addresses, phone numbers, IDs, Social Security numbers, transaction details, and photos.
๐ป Byte Federal, operating over 1,200 Bitcoin ATMs worldwide, has reset all customer accounts, updated passwords, and enhanced security protocols to prevent future incidents.
Stay alert and safeguard your accounts!
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Now we have a White House that is embracing Digital Assets.
We expect something around $250,000 for Bitcoin in 2025 ๐ - FundStrat
We expect something around $250,000 for Bitcoin in 2025 ๐ - FundStrat
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