Bitcoin to Overcome $100K Despite Pullback, Has Plenty of More Room Before Topping: CryptoQuant Content

Celsius to Make Second Payout to Creditors ‘Soon’ as Mashinsky Awaits Day in Court Content

Crypto Exchange XT Is Hacked for $1.7M Content

UltraShort Bitcoin ETF Offering 2x Inverse Returns Sees Record Volume as BTC Holds Above $90K Content

Bitcoin Miners Approach $40B Market Cap as Difficulty Set for Fifth Straight Increase Content

Looking to Earn More on Dogecoin? This Bitcoin Layer-2 Will Use DOGE for Yields Content

Crypto Exchange HyperLiquid to Airdrop 310M Tokens to Early Adopters Content

Solana-Based DEX Raydium’s RAY is Still Too Hot To Handle: Godbole Content

Gitfo’s Founders Mint Billions of GFT After Binance Delists Web3 Wallet’s Token Content

Memecoins Show Coinbase’s Base Blockchain Isn’t So Centralized, Founder Says Content

Bitcoin Pumps Above $97K, Then Dumps, as Ether, XRP Surge 7% Content

White House Crypto Czar? Content

Tether to Shutter Euro Stablecoin as Key MiCA Deadline Looms Tether said it will phase out its euro stablecoin, EURT. Users will be able to redeem tokens for up until one year from now. Instead, the company will focus on backing new stablecoin ventures such as its recent investment in Quantoz and its tokenization platform Hadron.

Bitcoin Bull Market Is Far From Over, Galaxy Research Says The bitcoin bull market is not over, Galaxy Research said. Galaxy said the world’s largest cryptocurrency is expected to retest the $100K level in the near term. The report said increasing institutional adoption and the potential for the creation of bitcoin nation-state reserves mean the crypto should continue its ascent higher.

Vitalik Buterin Donated $1M in Ether to Coin Center Hours After Tornado Cash Victory Vitalik Buterin donated 30 ETH, worth just over $1 million, to Coin Center on Tuesday night. The donation came hours after a Coinbase-backed suit challenging U.S. sanctions against Tornado Cash won an appeals court victory. Coin Center is pursuing its own lawsuit against the Treasury Department’s sanctions in a different appeals court.

Should SOL be Trading at a 70% Discount to ETH? Solana was trading at 97% discount to ether’s market cap in January of 2023 – a clear market dislocation that has closed significantly over the last two years. Today the gap has closed to a 70% discount. However, solana is starting to challenge ether in terms of on-chain activity and important network usage KPIs. Which begs the question: Is the …

All Eyes on Bitcoin Bitcoin saw explosive growth immediately after the recent U.S. presidential elections, rising and retaking the spotlight from former highs of $73,000 in March. Now the question is, will bitcoin (BTC) continue its uptrend, and at what point can a sharp reversal happen? If we take a look at former BTC market cycles, which happen every four years, …

Bitcoin Miner IREN Surges on Renewed AI Interest, Possible BTC Dividend Payment IREN is seeing a resurgence of interest from tech data centers to host their AI-related computing machines. Company executives also see the potential to pay a dividend in 2025. The shares rose nearly 30% after the earnings conference call, outperforming peers.

EU Approves Commissioners, Including Ones Who Will Likely Oversee Crypto Rules The European Parliament approved its new slate of commissioners on Wednesday. Commissioners Stéphane Séjourné, Maria Luís Albuquerque and Henna Virkkunen are likely to have crypto within their purview.  The EU’s markets in crypto assets legislation is going to be in full force by the end of December so more work might need to be done to ensure i…

The Protocol: Bitcoin Bridged Trustlessly to L2; Ethereum’s Blob Mob Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Marc Hochstein, CoinDesk’s deputy editor-in-chief for features, opinion and standards. IN THIS ISSUE: Ethereum’s blob mob Staking on Starknet Avalanche’s big upgrade L2 teams beam over Beam Chain Sui suffers a brief outage Bit…