Bitcoin Grapples with $100K as Rally on Trump’s Crypto-Positive Comment Fizzles

By |2024-12-12T21:58:56+00:00December 12, 2024|Liquidity Pools|

Appearing set for a run to a new record high earlier on Thursday, bitcoin (<a href="https://www.coindesk.com/price/bitcoin" target="_blank">BTC</a>) fell sharply in U.S. afternoon trading as tumbling bond markets took a toll on risk assets. The positive price action came as President-elect Donald Trump <a href="https://x.com/Crypto_McKenna/status/1867221868131864642" target="_blank">said</a> "we're going to do something [...]

Michael Sonnenshein, Ex-Grayscale CEO, Joins Tokenization Firm Securitize as COO

By |2024-12-12T15:49:16+00:00December 12, 2024|Liquidity Pools|

Real-world asset tokenization firm Securitize appointed Michael Sonnenshein, formerly CEO of asset management company Grayscale Investments, as chief operating officer. "There is massive demand for tokenization, and I am thrilled to join Securitize at such a pivotal moment for the company and the industry," Sonnenshein said in a Thursday <a [...]

Bitcoin Is Leaving Exchanges in Batches of $10M or More: Van Straten

By |2024-12-12T11:09:49+00:00December 12, 2024|Liquidity Pools|

Bitcoin (BTC), the largest cryptocurrency by market capitalization, is fighting a big milestone trying to sustain a $2 trillion market cap and a $100,000 price. Once bitcoin has conclusively overcome these milestones, there may be clear skies ahead. Bitcoin has rallied over $30,000, since Donald Trump won the U.S. election [...]

Vancouver City Council Passes Pro-Bitcoin Motion Citing Fiat Challenges

By |2024-12-12T05:02:25+00:00December 12, 2024|Liquidity Pools|

Vancouver, British Columbia's city council has passed a motion to explore the possibility of accepting bitcoin (BTC) for payment of taxes and fees as well as establishing a bitcoin reserve. The motion, prepared by Mayor Ken Sim, calls for "diversifying the City of Vancouver's financial reserves and payment options to [...]

Fred Thiel: The Michael Saylor of the Bitcoin Mining Industry

By |2024-12-10T15:29:25+00:00December 10, 2024|Liquidity Pools|

Under Fred Thiel's leadership, MARA Holdings (MARA) — previously known as Marathon Digital Holdings — has become not only one of the largest bitcoin miners in the world but also the second-largest corporate owner of bitcoin, with about $3.9 billion worth on its balance sheet. Thiel joined the mining company [...]

Adam Sullivan: The Man Who Made Mining Sexy Again

By |2024-12-10T14:51:52+00:00December 10, 2024|Liquidity Pools|

It was a transformational year for bitcoin miners, with a cohort of them plowing significant resources into running artificial intelligence (AI) data centers. None, however, have done it quite like Core Scientific (CORZ), which under CEO Adam Sullivan’s leadership emerged from bankruptcy in January and then proceeded to ink a [...]

Bitcoin Miners Cipher, CleanSpark and MARA Upgraded at JPMorgan

By |2024-12-10T12:19:17+00:00December 10, 2024|Liquidity Pools|

Wall Street giant JPMorgan (JPM) turned more bullish on some bitcoin (BTC) mining stocks in its coverage following third quarter results and recent gains in bitcoin price and the network hashrate, the bank said in a report on Tuesday. The bank upgraded Cipher Mining (CIFR) and CleanSpark (CLSK) to overweight [...]

What Does Google’s Quantum Computing Chip Mean for Bitcoin?

By |2024-12-10T08:08:41+00:00December 10, 2024|Liquidity Pools|

Google’s new quantum computing chip could mean bitcoin (BTC) is finished. <a href="https://x.com/search?q=bitcoin%20dead%20quantum%20computing&src=typed_query" target="_blank">That was the sentiment</a> for some on Monday as the internet giant unveiled Willow, a quantum supercomputer that can perform certain computational tasks in just five minutes that would take classical supercomputers an astronomical amount of time—specifically, [...]

El Salvador to Change Bitcoin Law as Part of New IMF Deal: FT

By |2024-12-09T15:15:50+00:00December 9, 2024|Liquidity Pools|

El Salvador may roll back a small aspect of its Bitcoin law as part of a new deal with the International Monetary Fund. The Latin American country may no longer require Salvadorean merchants to accept bitcoin (<a href="https://www.coindesk.com/price/bitcoin" target="_blank">BTC</a>) as a means of payment across the nation, instead making bitcoin [...]

Crypto Markets Have Benefited From a Positive Environment Since U.S. Election: Citi

By |2024-12-06T08:47:04+00:00December 6, 2024|Liquidity Pools|

Bitcoin (<a href="https://www.coindesk.com/price/bitcoin/ " target="_blank">BTC</a>) reached an <a href="https://www.coindesk.com/markets/2024/12/05/bitcoin-hits-milestone-vs-gold-as-cycle-pattern-flags-120-k-by-year-end-van-straten" target="_blank">all-time high</a> above $100,000 earlier this week as a number of tailwinds fueled a post-U.S.-election rally in the world's largest cryptocurrency, Citi (C) said in a research report on Thursday. "The nomination of digital asset-friendly Paul Atkins to chair the SEC [...]

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