Bitcoin Miner Hut 8 Buys $100M BTC Boosting Total Total Stash to $1B
The miner bought about 968 bitcoin for average price of around $104,258 each.
Bitcoin Miners Are Expected to be Profitable in December, Jefferies Says
November was a strong month for the miners as the rally in bitcoin outpaced the rise in the network hashrate, the report said.
U.S. Listed Spot Bitcoin ETFs on the Verge of Surpassing Gold ETFs
U.S. spot-listed bitcoin ETFs currently have an AUM of $120 billion compared to gold’s $125 billion.
Trump-Backed World Liberty Financial Swaps Its cbBTC for WBTC After Sun Joins as Adviser
The swap took place Wednesday, the same day BiT Küresel lost a court case seeking to prevent Coinbase delisting WBTC.
Hawkish Fed Has Bitcoin Market Showing Strongest Bias for Downside Protection in 3 Months
Short-term BTC puts are in demand after hawkish Fed dented the bullish sentiment in risk assets.
Bitcoin’s Nosedive to Under $100K Shaves $700M Crypto Longs, XRP Drops 5%
XRP and DOGE futures recorded an unusually high $70 million in liquidations, indicative of rising speculative activity in majors.
‘DeFi on Bitcoin’ Gets a Boost as BOB L2 Integrates $6B BTC Staking Protocol Babylon
The integration allows BOB, a “hybrid L2,” to use Bitcoin as its anchor chain where transactions with assets from other chains can be irreversibly recorded.
The Protocol: Solana’s Allure for Devs; Avalanche’s Big Upgrade
Also: ENS picks tech for its L2; Bitcoin’s Runes Get an AMM
Deutsche Bank’s L2 Blockchain to Be ‘Public and Permissioned,’ Says Tech Partner
The banking giant is building a rollup on Ethereum using Matter Labs’ ZKsync technology.
Fed Cuts Interest Rates by 25 Basis Points, Bitcoin Slips Below $104K on Hawkish Tone
The price of bitcoin, already lower from yesterday, dipped below $104,000 in the minutes following the announcement.