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Crypto industry fears ‘vehemently anti crypto’ Caroline Crenshaw SEC voteThe United States Senate Banking Committee will vote on Dec. 11 whether to renominate Securities and Exchange Commission (SEC) commissioner Caroline Crenshaw, a vocal crypto skeptic. Several industry executives have voiced frustration over the possibility of her re-election. Crenshaw was one of two SEC commissioners to vote against the approval of spot Bitcoin (BTC) exchange-traded funds (ETF) in January. The SEC ‘has to change,’ says Coinbase president “Caroline Crenshaw is anti-crypto. She

Crypto industry fears ‘vehemently anti crypto’ Caroline Crenshaw SEC vote

The United States Senate Banking Committee will vote on Dec. 11 whether to renominate Securities and Exchange Commission (SEC) commissioner Caroline Crenshaw, a vocal crypto skeptic. Several industry executives have voiced frustration over the possibility of her re-election.

Crenshaw was one of two SEC commissioners to vote against the approval of spot Bitcoin (BTC) exchange-traded funds (ETF) in January.

The SEC ‘has to change,’ says Coinbase president

“Caroline Crenshaw is anti-crypto. She
Altcoin season 'leg down will be ugly,' says venture capitalistThe altcoin market has seen substantial gains since Donald Trump’s United States presidential victory, but a venture capitalist has warned of a potential near-term shakeout as institutional investors increase their profit-taking activity. However, not all traders agree. “Considering alt season tapped out for now,” Felix Hartmann said in a Dec. 7 X post. VCs will ‘start clipping more aggressively’ “Traders may stay irrational, but we are at the point where teams and VCs start clipping more ag

Altcoin season 'leg down will be ugly,' says venture capitalist

The altcoin market has seen substantial gains since Donald Trump’s United States presidential victory, but a venture capitalist has warned of a potential near-term shakeout as institutional investors increase their profit-taking activity.

However, not all traders agree.

“Considering alt season tapped out for now,” Felix Hartmann said in a Dec. 7 X post.

VCs will ‘start clipping more aggressively’

“Traders may stay irrational, but we are at the point where teams and VCs start clipping more ag
BTC hits $100K, Trump taps Paul Atkins for SEC chair, and more: Hodler’s  Digest, Dec. 1 – 7Top Stories of The Week SEC to reject bids for spot Solana ETFs Report The United States Securities and Exchange Commission is set to reject applications in line for spot Solana exchange-traded funds (ETFs). The agency has notified at least two of five issuers seeking approval for a Solana ETF, according to Fox News reporter Eleanor Terrett. The consensus here, Im told, is that the SEC wont entertain any new crypto ETFs under the current administration, Terrett said on Dec. 6. Several asset

BTC hits $100K, Trump taps Paul Atkins for SEC chair, and more: Hodler’s  Digest, Dec. 1 – 7

Top Stories of The Week

SEC to reject bids for spot Solana ETFs Report

The United States Securities and Exchange Commission is set to reject applications in line for spot Solana exchange-traded funds (ETFs).

The agency has notified at least two of five issuers seeking approval for a Solana ETF, according to Fox News reporter Eleanor Terrett.

The consensus here, Im told, is that the SEC wont entertain any new crypto ETFs under the current administration, Terrett said on Dec. 6.

Several asset
Pepe memecoin flips Uniswap token in market cap, hits all-time highPopular memecoin Pepe (PEPE) overtook Uniswap's token (UNI) in terms of market capitalization on Dec. 7. The frog-themed memecoin currently has a market capitalization of over $11 billion compared to UNI's market cap of approximately $10.6 billion — hitting a new all-time high in the process. According to data from CoinMarketCap, Pepe gained approximately 16.8% during the past 24 hours and is up roughly 26% over the past seven days. At the beginning of 2024, Pepe had a market cap of approximat

Pepe memecoin flips Uniswap token in market cap, hits all-time high

Popular memecoin Pepe (PEPE) overtook Uniswap's token (UNI) in terms of market capitalization on Dec. 7. The frog-themed memecoin currently has a market capitalization of over $11 billion compared to UNI's market cap of approximately $10.6 billion — hitting a new all-time high in the process.

According to data from CoinMarketCap, Pepe gained approximately 16.8% during the past 24 hours and is up roughly 26% over the past seven days.

At the beginning of 2024, Pepe had a market cap of approximat
Bitcoin can separate money and state — David SacksDavid Sacks was recently appointed by President-elect Trump as his top AI and cryptocurrency advisor. The new "Crypto Czar” is not only pro-crypto, and a seasoned technologist, but has also hailed Bitcoin (BTC) as a potential way to separate money and state. Speaking to Anthony Pompliano, the former PayPal executive and tech founder praised Bitcoin for its ability to hedge against fiat inflation and its censorship-resistant properties. Sacks told Pompliano: "The Church and state used to be intr

Bitcoin can separate money and state — David Sacks

David Sacks was recently appointed by President-elect Trump as his top AI and cryptocurrency advisor. The new "Crypto Czar” is not only pro-crypto, and a seasoned technologist, but has also hailed Bitcoin (BTC) as a potential way to separate money and state.

Speaking to Anthony Pompliano, the former PayPal executive and tech founder praised Bitcoin for its ability to hedge against fiat inflation and its censorship-resistant properties. Sacks told Pompliano: "The Church and state used to be intr
Layer-2 networks need decentralized sequencers — Metis co-founderAs the Ethereum layer-2 (L2) ecosystem continues to expand and encompasses most of the daily economic activity on the Ethereum blockchain, the problem of centralization persists. Elena Sinelnikova, co-founder of the Metis L2, recently told Cointelegraph that layer-2 scaling solutions should adopt decentralized sequencers to maximize anti-fragility and censorship resistance. According to Sinelnikova, most layer-2 networks feature only one sequencer, and most users are unaware they transact on c

Layer-2 networks need decentralized sequencers — Metis co-founder

As the Ethereum layer-2 (L2) ecosystem continues to expand and encompasses most of the daily economic activity on the Ethereum blockchain, the problem of centralization persists.

Elena Sinelnikova, co-founder of the Metis L2, recently told Cointelegraph that layer-2 scaling solutions should adopt decentralized sequencers to maximize anti-fragility and censorship resistance.

According to Sinelnikova, most layer-2 networks feature only one sequencer, and most users are unaware they transact on c
Bitcoin 'Choppiness' index hints $110K BTC price will be tough to crackBitcoin (BTC) faces more “choppy” moves as a dedicated BTC price metric boils over. Research from onchain analytics platform CryptoQuant on Dec. 6 suggests that rangebound behavior will keep frustrating Bitcoin bulls. Analysis: Bitcoin risks a choppy end to 2024 Bitcoin hitting new all-time highs near $104,000 this week preceded a snap crash of more than 10%. With liquidations nearing $1 billion in just 24 hours, traders received a classic reminder of how volatile crypto markets can become.

Bitcoin 'Choppiness' index hints $110K BTC price will be tough to crack

Bitcoin (BTC) faces more “choppy” moves as a dedicated BTC price metric boils over.

Research from onchain analytics platform CryptoQuant on Dec. 6 suggests that rangebound behavior will keep frustrating Bitcoin bulls.

Analysis: Bitcoin risks a choppy end to 2024

Bitcoin hitting new all-time highs near $104,000 this week preceded a snap crash of more than 10%.

With liquidations nearing $1 billion in just 24 hours, traders received a classic reminder of how volatile crypto markets can become.
How to train an AI bot to day-trade cryptoKey takeaways You can train AI bots to analyze and replicate human trading behavior. Crypto trading bots are on 24/7 — a key advantage over human traders.  You can build your own bot from scratch or purchase one through a service. While a great tool, AI bots aren’t perfect and can present significant trading risks.  Imagine having a tireless assistant that trades cryptocurrency for you, analyzing data and executing strategies even while you sleep. That’s the power of AI trading bots.  Thes

How to train an AI bot to day-trade crypto

Key takeaways

You can train AI bots to analyze and replicate human trading behavior.

Crypto trading bots are on 24/7 — a key advantage over human traders. 

You can build your own bot from scratch or purchase one through a service.

While a great tool, AI bots aren’t perfect and can present significant trading risks. 

Imagine having a tireless assistant that trades cryptocurrency for you, analyzing data and executing strategies even while you sleep. That’s the power of AI trading bots. 

Thes
Bitcoin rally to continue until end of 2025 — AnalystBitcoin hit the historic $100,000 milestone despite a lack of price momentum in most major global assets and a backdrop of declining global liquidity. Bitcoin (BTC) surpassed the $100,000 high for the first time on Dec. 6, in a long-awaited milestone for crypto history. The historic peak comes despite sluggish performance across other major global assets. Over the past month, Bitcoin’s price surged by 32%, while oil dropped 6.3%, the S&P 500 fell 1% and gold declined by 1%. BTC, gold, oil, S&

Bitcoin rally to continue until end of 2025 — Analyst

Bitcoin hit the historic $100,000 milestone despite a lack of price momentum in most major global assets and a backdrop of declining global liquidity.

Bitcoin (BTC) surpassed the $100,000 high for the first time on Dec. 6, in a long-awaited milestone for crypto history.

The historic peak comes despite sluggish performance across other major global assets. Over the past month, Bitcoin’s price surged by 32%, while oil dropped 6.3%, the S&P 500 fell 1% and gold declined by 1%.

BTC, gold, oil, S&
Bitcoin hits $100K: From pizzas to a Bitcoin national stockpile After more than 15 years, Bitcoin has finally broken above $100,000 — a massive milestone for the world’s first decentralized digital asset whose value was once so low it was given away for free. Today, it’s in the hands of some of the world’s most recognized financial institutions, and its value would rank it on par with some of the top ten countries by gross domestic product. Here’s a look at how the price of Bitcoin (BTC) went from essentially nothing to where it is today.  The Bitcoin Fau

Bitcoin hits $100K: From pizzas to a Bitcoin national stockpile 

After more than 15 years, Bitcoin has finally broken above $100,000 — a massive milestone for the world’s first decentralized digital asset whose value was once so low it was given away for free.

Today, it’s in the hands of some of the world’s most recognized financial institutions, and its value would rank it on par with some of the top ten countries by gross domestic product.

Here’s a look at how the price of Bitcoin (BTC) went from essentially nothing to where it is today. 

The Bitcoin Fau
Ether to $5K on fractals, BlackRock ETH ETF holdings 2x with $500M buyEther could see a rally to over $5,000 based on technical chart patterns, as analysts predict that Ether’s bullish momentum may extend another year until the end of 2025. Ether (ETH) price could surge above the $5,000 all-time high, driven by its correlation with Bitcoin (BTC) price, which surpassed $100,000 for the first time in history on Dec. 5. Ether’s rally to the $5,000 record high may be a “minimum target,” according to fractal patterns shared by popular crypto analyst Titan of Crypto i

Ether to $5K on fractals, BlackRock ETH ETF holdings 2x with $500M buy

Ether could see a rally to over $5,000 based on technical chart patterns, as analysts predict that Ether’s bullish momentum may extend another year until the end of 2025.

Ether (ETH) price could surge above the $5,000 all-time high, driven by its correlation with Bitcoin (BTC) price, which surpassed $100,000 for the first time in history on Dec. 5.

Ether’s rally to the $5,000 record high may be a “minimum target,” according to fractal patterns shared by popular crypto analyst Titan of Crypto i
Telegram founder Pavel Durov questioned in Paris court for first time: ReportPavel Durov, the founder of Telegram, was reportedly questioned in a Paris court for the first time regarding a legal case involving allegations of the messenger app facilitating criminal activity. Durov appeared in a Parisian court at 10 am CET on Dec. 6, alongside his lawyers David-Olivier Kaminski and Christophe Ingrain. An anonymous source familiar with the matter told the Agence France-Presse (AFP) that the questioning focused on the allegations tied to Telegram’s potential use for illici

Telegram founder Pavel Durov questioned in Paris court for first time: Report

Pavel Durov, the founder of Telegram, was reportedly questioned in a Paris court for the first time regarding a legal case involving allegations of the messenger app facilitating criminal activity.

Durov appeared in a Parisian court at 10 am CET on Dec. 6, alongside his lawyers David-Olivier Kaminski and Christophe Ingrain.

An anonymous source familiar with the matter told the Agence France-Presse (AFP) that the questioning focused on the allegations tied to Telegram’s potential use for illici
Coffeezilla calls out 'insane headlines' about Hawk Tuah memecoinYouTube investigator Stephen Findeisen, better known as “Coffeezilla,” has called for an end to the spread of misleading headlines about viral influencer Hailey Welch, also known as "Hawk Tuah," following the controversial launch of her memecoin, HAWK. “Can yall stop these insane headlines. She didn’t rug for 500M and she didn’t profit $50M,” Coffezilla said in a Dec. 6 X post to his 638,900 followers.  ‘Let’s stay to what we know,’ says CoffeeZilla Coffeezilla claimed that the team behind th

Coffeezilla calls out 'insane headlines' about Hawk Tuah memecoin

YouTube investigator Stephen Findeisen, better known as “Coffeezilla,” has called for an end to the spread of misleading headlines about viral influencer Hailey Welch, also known as "Hawk Tuah," following the controversial launch of her memecoin, HAWK.

“Can yall stop these insane headlines. She didn’t rug for 500M and she didn’t profit $50M,” Coffezilla said in a Dec. 6 X post to his 638,900 followers. 

‘Let’s stay to what we know,’ says CoffeeZilla

Coffeezilla claimed that the team behind th
FSOC warns stablecoins remain a 'potential risk' to financial stabilityStablecoins' lack of solid risk management standards exposes them to ongoing risks that could also put financial stability in danger, according to the United States Financial Services Oversight Council (FSOC). “Stablecoins continue to represent a potential risk to financial stability because they are acutely vulnerable to runs absent appropriate risk management standards,” the FSOC said in its annual report published on Dec. 6. Stablecoin market is ‘heavily concentrated’ In line with the coun

FSOC warns stablecoins remain a 'potential risk' to financial stability

Stablecoins' lack of solid risk management standards exposes them to ongoing risks that could also put financial stability in danger, according to the United States Financial Services Oversight Council (FSOC).

“Stablecoins continue to represent a potential risk to financial stability because they are acutely vulnerable to runs absent appropriate risk management standards,” the FSOC said in its annual report published on Dec. 6.

Stablecoin market is ‘heavily concentrated’

In line with the coun
Ethereum ‘impulse breakout’ will lead to $15K ETH price in 2025 — AnalystEthereum’s native token, Ether (ETH), has maintained a slow and steady rise over the past three weeks, rising 28% since Nov. 18. Despite a flash spike down to $3,615 on Dec. 5, the altcoin has sprung back and now trades above $4,000. Ethereum 4-hour chart. Source: Cointelegraph/TradingView Its yearly high value remains at $4,098, and the trend continues to form a higher high and higher low trend in the 4-hour chart. The relative strength index, or RSI, also looks healthy, where the indicator i

Ethereum ‘impulse breakout’ will lead to $15K ETH price in 2025 — Analyst

Ethereum’s native token, Ether (ETH), has maintained a slow and steady rise over the past three weeks, rising 28% since Nov. 18. Despite a flash spike down to $3,615 on Dec. 5, the altcoin has sprung back and now trades above $4,000.

Ethereum 4-hour chart. Source: Cointelegraph/TradingView

Its yearly high value remains at $4,098, and the trend continues to form a higher high and higher low trend in the 4-hour chart. The relative strength index, or RSI, also looks healthy, where the indicator i
Czech gov’t moves to exempt crypto held for 3+ years from being taxedPetr Fiala, Prime Minister of the Czech Republic, has reported the country is moving to pass legislation allowing residents to bypass taxes on selling their crypto after holding it for more than three years.  In a Dec. 6 X Post, Fiala said the measure, backed by Chamber of Deputies member Jiří Havránek, would “guarantee that if you hold cryptocurrencies for more than three years,” any sale would be exempt from capital gains tax. In addition, taxpayers would not be required to report transaction

Czech gov’t moves to exempt crypto held for 3+ years from being taxed

Petr Fiala, Prime Minister of the Czech Republic, has reported the country is moving to pass legislation allowing residents to bypass taxes on selling their crypto after holding it for more than three years. 

In a Dec. 6 X Post, Fiala said the measure, backed by Chamber of Deputies member Jiří Havránek, would “guarantee that if you hold cryptocurrencies for more than three years,” any sale would be exempt from capital gains tax. In addition, taxpayers would not be required to report transaction
Over 400 million crypto wallets have a non-zero balance — ChainalysisOver 400 million crypto wallets have positive balances as the bull market continues to heat up, according to Chainalysis. The current rally is attracting institutional and retail users to crypto, particularly those transacting in dollar-pegged stablecoins. According to a Dec. 5 report, the rise in wallets with a non-zero balance represents a clear trend that crypto adoption is steadily increasing, despite wallet addresses not necessarily indicating the number of people using a blockchain. “It

Over 400 million crypto wallets have a non-zero balance — Chainalysis

Over 400 million crypto wallets have positive balances as the bull market continues to heat up, according to Chainalysis. The current rally is attracting institutional and retail users to crypto, particularly those transacting in dollar-pegged stablecoins.

According to a Dec. 5 report, the rise in wallets with a non-zero balance represents a clear trend that crypto adoption is steadily increasing, despite wallet addresses not necessarily indicating the number of people using a blockchain.

“It
Nansen will provide analysis for Galxe’s Gravity blockchainBlockchain analytics platform Nansen has partnered with Gravity to provide data and analytics. Gravity is the high-performance blockchain developed by the onchain distribution platform Galxe. A high-performance launch Gravity serves the 30 million users in the Galxe ecosystem. It has almost 87,000 active addresses and is estimated to have over 100 million transactions per month. The Gravity alpha mainnet, integrated with all Galxe products, went live in June. It is an Ethereum Virtual Machine

Nansen will provide analysis for Galxe’s Gravity blockchain

Blockchain analytics platform Nansen has partnered with Gravity to provide data and analytics. Gravity is the high-performance blockchain developed by the onchain distribution platform Galxe.

A high-performance launch

Gravity serves the 30 million users in the Galxe ecosystem. It has almost 87,000 active addresses and is estimated to have over 100 million transactions per month.

The Gravity alpha mainnet, integrated with all Galxe products, went live in June. It is an Ethereum Virtual Machine
Crypto Biz: Wall Street gets a taste of altseasonWall Street appears to have embraced the altseason, with Ether (ETH) surpassing Bitcoin (BTC) in exchange-traded funds inflows during the final week of November.  According to CoinShares, net inflows for ETH funds reached $634 million over that week, setting a new record of $2.2 billion in 2024 as investors diversify portfolios in anticipation of improved regulatory conditions in the United States. Markets are likely watching the prospects of additional revenue coming from ETH funds. Analysts

Crypto Biz: Wall Street gets a taste of altseason

Wall Street appears to have embraced the altseason, with Ether (ETH) surpassing Bitcoin (BTC) in exchange-traded funds inflows during the final week of November. 

According to CoinShares, net inflows for ETH funds reached $634 million over that week, setting a new record of $2.2 billion in 2024 as investors diversify portfolios in anticipation of improved regulatory conditions in the United States.

Markets are likely watching the prospects of additional revenue coming from ETH funds. Analysts
Future Bitcoin price dips to $90K ‘routine profit taking’ — Why BTC traders keep buyingBitcoin (BTC) experienced unprecedented intraday volatility on Dec. 5, with a dramatic $12,396 price swing that saw the cryptocurrency reach a remarkable low of $91,463. Analysts estimate that over $4 billion worth of leveraged BTC futures were liquidated during this period, surpassing the previous peak recorded during FTX's bankruptcy in November 2022. What truly stood out during the Dec. 5 flash crash was the $5,160 rebound in less than 15 minutes after hitting the low, as buyers aggressively

Future Bitcoin price dips to $90K ‘routine profit taking’ — Why BTC traders keep buying

Bitcoin (BTC) experienced unprecedented intraday volatility on Dec. 5, with a dramatic $12,396 price swing that saw the cryptocurrency reach a remarkable low of $91,463. Analysts estimate that over $4 billion worth of leveraged BTC futures were liquidated during this period, surpassing the previous peak recorded during FTX's bankruptcy in November 2022.

What truly stood out during the Dec. 5 flash crash was the $5,160 rebound in less than 15 minutes after hitting the low, as buyers aggressively
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