| Your Daily Digest of the 🔥Hottest News in Crypto | | | Today's top stories: 💰 BTC minimum price target 🤯 Coinbase faces $1B lawsuit 🎧 Bitcoin's environmental impact: 'Patient zero' 📰 Keep reading to find out more about all of today's top stories | | | | Bitcoin price 2025 cycle target 'minimum' starts at $175K
Despite sideways volatility, Bitcoin price has closed a daily candle above $95,000 every day since Nov. 27, indicating continuous buying pressure from investors at a higher range. While price fluctuations or choppy markets can last weeks, an Ernst and Young consultant says the long-term price expectation for Bitcoin in 2025 remains high.
| | | | | | | | | Coinbase faces $1B lawsuit over wBTC delisting
Crypto exchange Coinbase is being sued for over $1 billion by BiT Global Digital Limited, which is accusing the company of harming the market for Wrapped Bitcoin after a November decision to delist the token. In a Dec. 13 complaint, BiT Global alleges that Coinbase's decision to delist wBTC was aimed at promoting its own competing product, cbBTC — a move that resulted in massive financial losses and eroded consumer confidence in wBTC.
| | | | | | | | | | Discover even more ☕hot and fresh crypto content here. | | | | | Allez Labs proposes yield opportunity for Polygon PoS bridge funds
Allez Labs has submitted a pre-Polygon improvement proposal (PIP) to create yield-bearing opportunities for the approximately $1.3 billion in stablecoins held in Polygon's Proof-of-Stake (PoS) Portal Bridge. According to the proposal, the stablecoins, which include Dai could generate roughly $70 million in annual yield rather than sitting idle.
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| | | | | | | Mystery of crypto sleuth's death, Japanese exchange lists on Nasdaq: Asia Express | | | | Taiwan investigates death of top crypto sleuth, Indian firm adopts Bitcoin as reserve asset, and Japanese crypto exchange lists on the Nasdaq. | | | | | | | Join 3.5 million people who follow us on social media. | | | | | | | Cointelegraph | 21 W 46th St, New York, NY 10036-4119 USA | | You received this email because you signed up on our website. | | Download our official app: | | | | | | | | | | | |