Kamis, 12 Desember 2024

🏁Bitcoin recaptures $100K; MicroStrategy to crack Nasdaq 100


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Your Daily Digest of the 🔥Hottest News in Crypto

Today's top stories:

🏁 Bitcoin price recaptures $100K

👉 MicroStrategy expected to crack Nasdaq 100

🎧 Podcast: Bitwise predictions for 2025

📰 Keep reading to find out more about all of today's top stories

Bitcoin price recaptures $100K following funding reset and Coinbase premium return

After a rocky start to the week, Bitcoin made a strong push above $100,000, and a handful of analysts expect BTC to make a run at the $110,000 level.

The move back to $100,000 comes as the November Consumer Price Index (CPI) report showed a slight uptick in inflation in the United States. Historically, crypto traders have had a tendency to risk-off days ahead of CPI prints and the US Federal Reserve Federal Open Market Committee (FOMC) meetings before reentering the market, dependent upon the results of the data.

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MicroStrategy expected to crack Nasdaq 100 — Bloomberg Intelligence

Bloomberg Intelligence expects MicroStrategy's stock, MSTR, to join the Nasdaq 100 index later in December, with an announcement to come as soon as this week.

The placement will rank MicroStrategy, a software company that became a de facto hedge fund in 2020, among the Nasdaq stock exchange's 100 largest stocks by market capitalization.

[Cointelegraph Acceleration]

Here's how social data layer integration can boost decentralized streaming

This blockchain-based streaming platform's new integration enables access to social media data to drive gamified audience engagement.

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Former Ava Labs exec reveals 'Commonware' crypto primitives framework

Patrick O'Grady, a former Ava Labs executive, revealed the "Commonware" framework.

Commonware is a collection of crypto primitives, which are the basic building blocks in a programming language. The primitive toolkit gives crypto developers a standardized set of these basic building blocks without locking them in any particular development track.

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This crypto tax optimizer takes the stress out of tax season

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