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Bitcoin's price trend will no longer be as influenced by internal mechanisms such as halving, but rather more affected by external factors such as institutional adoption and geopolitical events.
Share link:In this post: Michael Saylor might join Trump’s crypto advisory council, saying he’s open to shaping digital asset policy for the new administration. MicroStrategy just bought another 15,350 Bitcoin for $1.5 billion, pushing their total holdings to 439,000 BTC, now worth $45.6 billion. Trump’s administration plans to create a Bitcoin reserve and form a crypto advisory council with leaders from Ripple, Kraken, and Circle.
Share link:In this post: Ripple donated $5 million in XRP to fund President Trump’s inauguration, the largest crypto contribution to the $200 million fund. Coinbase and Kraken each gave $1 million, while MoonPay also donated, marking a record-breaking year for crypto political donations. XRP surged after Ripple’s legal win and Trump’s election win against the SEC and the launch of its stablecoin RLUSD.
Wood anticipates Bitcoin's scarcity and institutional interest will drive dramatic value increase by decade's end.
- 18:08Over 4.5 million ETH has been permanently destroyed, valued at 15.3 billion US dollarsOn December 22, since August 2021, more than 4.5 million ETH ($15.3 billion) has been permanently destroyed.
- 18:06a16z founder: Aethir will provide free GPU computing power for Eliza's proxy developersOn December 22, ai16z founder Shawn posted on platform X stating that the decentralized computing power network @AethirCloud is providing free GPU computing power for Eliza's proxy developers. Developers with related needs can apply.
- 17:22Kaiko: The market depth of PENGU tokens has stabilized in the range of 2 million US dollars, but the hourly trading volume has plummeted to 10 million US dollarsOn December 21, cryptocurrency market data provider Kaiko revealed that after a rocky launch on centralized exchanges earlier this week, the market depth of Pudgy Penguins' PENGU token has essentially stabilized at around $2 million, higher than its initial value of about $1 million. However, the hourly trading volume of the PENGU token plummeted from $260 million at launch to just about $10 million.
