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Bitcoin keeps soaring đ
Another day, another all-time high for Bitcoinâwith Ethereum jumping to a three-year peak alongside.
Andrew Hayward
December 16, 2024
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đ What you need to know
Bitcoin isnât limping into Monday.
The leading cryptocurrency set a new all-time high price on Sunday, and then pushed to new heights on Monday, topping out at a new record of $107,822. Itâs not the only major asset to reach a meaningful milestone either, with Ethereum pushing up to a three-year high price of $4,081 around the same time today.
Bitcoinâs latest rise comes amid speculation over President-elect Donald Trumpâs plans for a national BTC reserve, not to mention MicroStrategy adding $1.5 billion worth of Bitcoin in its sixth straight weekly buy after being added to the Nasdaq 100.
đŹ Quote of the Day
âThe price will come back to very close to $1 as soon as supply stabilizes. If it doesnât, something is very seriously wrong.â
From our partner
Cosmos is expanding: Skip joins the Interchain Foundation
The Interchain Foundation has acquired Skip, one of Cosmosâ leading teams, to bring their excellence in engineering, product strategy, and execution in-house and usher in an era of growth for Cosmos, and its vision for the interchain.
Skip will rename to Interchain Inc. and become the ICFâs main subsidiary, concentrating product, vision, and go-to-market for the Interchain Stack and Cosmos â aligning the Interchain Stackâs vision, and the vision for a Cosmos Hub that is at the center of the ecosystem, driving user and liquidity growth for the entirety of the Cosmosâ interchain ecosystem.
