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[Weekly Crypto] 2024.12.16


1️⃣ Bitcoin hits $106K amid heightened hopes of US Reserve status

It comes as the Federal Reserve is expected to go ahead with a December rate cut in December, rumors that Trump may use Bitcoin as a US reserve asset from “day one” and more.


2️⃣ 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.


3️⃣ Google’s Quantum Success Won’t Threaten Bitcoin Security, Experts Say

Experts say it would take decades for quantum computers to crack Bitcoin’s encryption.


4️⃣ Bitcoin holds around $100,000 as central bank easing fuels investor optimism

As central banks continue to ease monetary policy, bitcoin’s price could be a key beneficiary of rising global liquidity, an analyst said.


5️⃣ November Was a 'Monumental' Month for the Crypto Market, JPMorgan Says

Total crypto market cap jumped 45% in November, in the best monthly return to-date, the report said.





 


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