UK Set to Prohibit Public Offers of Crypto
The FCA’s paper also asks for industry input on its incoming markets admission and disclosures as well as market abuse regime.
BlackRock Bitcoin ETF Put Options at $30, $35 Price Levels See Volume Spike
The spike in activity likely stems from “cash-secured” selling of the options by traders who missed the rally in the ETF.
Bitcoin Traders Now Target $120K as Bullish ‘Santa Claus Rally’ Gains Steam
Veri from the past eight years shows that bitcoin ended December in the green six times since 2015, running at least 8% to as much as 46% (in the outlier year of 2020).
Bitcoin Soars to Record High Above $106K, Then Retreats as Hawkish Fed Rate Cut Looms
The Fed is likely to deliver a “hawkish rate cut,” with hints of less easing next year.
MicroStrategy to Enter Nasdaq 100, Exposing Bitcoin-Linked Stock to Billions in Passive Investment Flows
The self-described Bitcoin Development Company became one of the 75 largest non-financial firms in the Nasdaq after its explosive growth this year.
Michael Novogratz’s Galaxy Appoints Former Point72 Exec as CFO
The firm’s current chief financial officer, Alex Ioffe, will transition into a senior advisor role.
Larger Cohorts Than U.S. ETFs or MicroStrategy Are Dictating Bitcoin Price: Van Straten
Since September, MicroStrategy and U.S.-listed spot ETFs have accumulated approximately 200,000 bitcoin each.
Miners Are Adopting the Same Bitcoin Acquisition Strategy as MicroStrategy: JPMorgan
The strategic shift to a bitcoin accumulation model is due to pressure on profitability following the reward halving, the report said.
Societe Generale Conducts Blockchain-Based Repo Transaction With French Central Bank
SocGen is claiming bragging rights as the first to conduct an on-chain repo transaction with a European central bank.
Polygon DAO Weighs $1.3B Stablecoin Deployment to Generate $70M Annual Yield
The plan uses Morpho Labs’ vaults to manage USDC and USDT, targeting a conservative 7% annual return using various strategies.