"Trust yourself, you know more than you think you do."
–Benjamin Spock
Powered by Wubits - real people, real connections, and real conversations.
READ
It's Friiidddaayyy Folks! Bitcoin is trading up at $37,088.99. Bitcoin is still reaching for $38K one more time, will it make it by EOD? Let's get to the news...
SUMMARY
Yesterday, Bitcoin hits a new yearly high right above $38K before pulling back.(5) Today, Justin Sun's crypto exchange Poloniex seemingly hit by $60 million hack.(11)
Wild Bitcoin, Ether price swings spur $400M of Crypto liquidations, the most since August. After Bitcoin surged above the $37,000 level on Thursday, the unrealized profits of the company surpassed the whopping level of $1.1 billion. CME overtakes Binance to grab largest share of Bitcoin futures open interest.(3) Bitcoin 'Terminal Price' hints next BTC all-time high is at least $110K and if history repeats itself, Bitcoin will easily be able to deliver a six-figure BTC Price next cycle, the on-chain indicator says. Bitcoin surpasses Tesla as it edges closer to $38,000.
Bitcoin is in line to benefit from a tsunami of institutional capital, says Dan Tapiero, while Ethereum is also due an ETF boost. Bitcoin ETFs will drive institutional adoption in 2024 - Galaxy Digital’s Mike Novogratz. Iris Energy is betting on greening the grid with Bitcoin mining.
Ether surged to $2,000 (7-Month High) and outshined Bitcoin on BlackRock ETF plans; Altcoins plunge.(3) Nasdaq files for BlackRock's proposed iShares Ethereum Trust ETF.(2) The global Ethereum supply has contracted by just over 4,700 ETH, or about $9.5 million, since Monday, according to data aggregator ultrasound.money.
Crypto lender Celsius makes its way out of bankruptcy following judge's order.(3) Irina Dilkinska admitted in Manhattan federal court to helping launder $110 million in illicit profits generated through OneCoin. UK cryptocurrency scams jump 23%, young investors prime targets: Lloyds Bank. Raft suffers $3.3M exploit that drove down Stablecoin 50%, but hacker likely lost money on attack.
WATCH
LISTEN
Podcast of the Day: ETF Excitement Drives Bitcoin Past $36,000 | The Breakdown
