Bitcoin returned to above $40,000 after 578 days, with a 24-hour increase of 1.64%
According to OKX market data, Bitcoin returned above $40,000 for the first time in 578 days, with a current price of $40,121 and a 24-hour increase of 1.64%.
Bloomberg Analyst: The difference in the number of BTC accumulation addresses during the 2018 and 2022 bear markets shows investors’ current strong belief
Former Bloomberg Intelligence analyst Jamie Coutts stated that the difference in the accumulated address numbers between the bear markets of 2018 (-20%) and 2022 (+60%) indicates the current strong belief of Bitcoin investors.
The number of Bitcoin holdings of whales with at least 1,000 BTC reaches the highest level since December 2022
According to IntoTheBlock data, this week the amount of Bitcoin held by whale addresses with 1000 BTC or more reached the highest level since December 2022.
The total number of Bitcoin addresses exceeds 50 million for the first time
According to Bitcoin Magazine, the total number of Bitcoin addresses has exceeded 50 million for the first time.
Founder of Custodia Bank: Traditional finance and Bitcoin need to coexist
Caitlin Long, the founder and CEO of Custodia Bank, stated in an interview that she believes traditional finance and Bitcoin need to coexist. It is necessary to build a bridge between the two systems to ensure that they do not harm each other, while combining their respective strengths: the powerful customer protection provided by banks as the best form of currency.
JAN3 CEO meets Suriname President to develop national Bitcoin strategy
Chan Santokhi, the President of Suriname, recently met with Samson Mow, CEO of Bitcoin company JAN3, to discuss potential strategies for integrating Bitcoin into Suriname's economy. This meeting is part of Suriname's broader efforts to diversify its economic model, and the dialogue with JAN3, led by Foreign Minister Albert Ramdin, focused on exploring the potential of Bitcoin in various fields such as finance, sustainable energy, and technology. President Santokhi expressed interest in developing a Bitcoin strategy to position Suriname as a leader in the finance and technology sectors, and to use new technologies to improve the standard of living for its people.
Cornell University study: Bitcoin mining could help deploy renewable energy projects in the United States
On December 2nd, Cornell University researchers completed a study entitled "From Mining to Mitigation: How Bitcoin Can Support Renewable Energy Development and Climate Action". The study explains that Bitcoin can become a positive factor in deploying renewable energy projects in the United States. The study claims that during the pre-commercial development phase, when mining facilities are still being developed but can generate energy, some developers can profit from Bitcoin mining.
Cardano founder: BTC was extremely centralized in its early days
In a video this week, Cardano founder Charles Hoskinson believes that on the first day of BTC's creation, Satoshi Nakamoto had 100% of the computing power and had complete and absolute control over the Bitcoin network, with no concept of a Fair Launch. Hoskinson believes that he (Satoshi Nakamoto) may have mined a "significant amount" of supply in a completely centralized manner and funded his (Satoshi Nakamoto's) vacation by providing the proceeds to others. This actually creates a nature of transaction, different from ICOs.
The total market value of cryptocurrencies exceeds 1.5 trillion US dollars, a new high for the year
According to CoinGecko data, the total market value of cryptocurrencies has surpassed $1.5 trillion, reaching $1.527 trillion as of the time of publication. The 24-hour increase was 1.4%, a new high for the year. The total trading volume of the cryptocurrency market in the past 24 hours was approximately $66.224 billion, with BTC accounting for 49.7% of the market share and ETH accounting for 16.5%.
Jack Dorsey supports BTC mining pool Ocean filtering ordinal inscription
Former X platform CEP Jack Dorsey led a $6.2 million investment in the BTC mining pool Ocean, which is currently filtering ordinal inscription transactions. Currently, Ocean is using various filtering strategies to filter out "spam" in the form of inscriptions.
