Bitcoin

San Francisco’s Bitcoin Startup Lab has introduced the LABB token, a BRC-20 community token designed to support Bitcoin entrepreneurs. The total supply is capped at 21 million like Bitcoin.

Montenegro has begun consultations on utilizing its ample hydroelectric capacity for Bitcoin mining and potentially launching Bitcoin hydro bonds.

The SEC held another meeting with BlackRock to discuss the proposed iShares Bitcoin ETF on December 14th, fueling further speculation of imminent approval.

Bitcoin fell as much as 7.5% to $40,521, sparking a broader crypto market selloff that saw tokens like Ether, XRP, and Cardano also decline. Over $299 million in liquidations fueled the drop.

The Swiss city of Lugano unveiled an expansion of its cryptocurrency adoption efforts, enabling citizens and companies to pay any municipal taxes and fees through Bitcoin and Tether as part of its Plan B initiative with Tether to drive blockchain integration.

Cardano’s ADA token surged 20% as capital rotated from range-bound Bitcoin into altcoins, while analysts like Willy Woo suggested BTC could pull back towards $40k to fill a price gap in CME futures.

AI chatbot Google Bard has made several Shiba Inu price predictions pegged to potential Bitcoin price levels after its halving in April 2024, forecasting triple-digit gains for SHIB if BTC hits ambitious $100k and $250k targets.

El Salvador unveiled a new program for crypto investors to receive long-term residency in the country by contributing $1 million in either Bitcoin or Tether to help fund economic and social development initiatives.

Responding to Jack Dorsey’s new self-custodial Bitcoin wallet, Elon Musk misquoted the popular crypto phrase “not your keys, not your coins,” underscoring the Tesla CEO’s reputation as an enthusiastic yet error-prone crypto commentator.

Ether and Solana prices rallied to fresh 19-month highs this week while Bitcoin’s price dipped from 2023 highs near $45,000, leading traders to fear a potential “bull trap” before another major downtrend.