MSTR to enter Nasdaq 100? We’ll know soon.

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MicroStrategy could later this month join the Nasdaq 100, which includes many of the largest non-financial, Nasdaq-listed companies.

A Nasdaq spokesperson told me changes to the index would be announced tonight at 8 pm ET. Adjustments would go into effect on Dec. 23. 

MicroStrategy’s market capitalization stands around $95 billion and appears to meet the requirements for inclusion, analysts say.  

But the Nasdaq committee’s decision could depend on MSTR’s ICB classification, Bloomberg Intelligence analyst James Seyffart mentioned in a recent research note. Much of the…

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Perianne Boring Predicts Trump’s 2025 Economic Policies Will Drive Bitcoin Price to $800K

Bitcoin investors received a jolt of optimism on Fox Business’ Mornings With Maria on December 13, 2024, when Digital Chamber founder and CEO Perianne Boring unveiled a staggering price prediction. Speaking with host Maria Bartiromo, Boring suggested that bitcoin could surge to $800,000 in 2025 under economic proposals set forth by President-elect Donald Trump.

Personnel is policy: Perianne Boring pic.twitter.com/52IPUr2owR

— Mornings with Maria (@MorningsMaria) December 13, 2024

Boring’s insights underscore how policy-driven macroeconomic factors could catalyze bitcoin’s ascent to historic highs. With its fixed supply, bitcoin’s unique scarcity positions it to thrive under…

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What changes for Cosmos after Skip acquisition?

The Cosmos ecosystem is entering a new chapter with the Interchain Foundation’s (ICF) acquisition of Skip and the establishment of Interchain Inc. The move represents a pivot from the ICF’s historical funding of disparate teams toward a more centralized and cohesive approach.

The new subsidiary, led by Skip co-founders Barry Plunkett and Maghnus Mareneck, will take charge of product development, ecosystem strategy and execution, the ICF announced earlier this week. On Thursday, a “community town hall” X space shed additional light on what to expect in 2025.

A unified stack

Cosmos has long been heralded for its modular technology stack, including Cosmos SDK, IBC,…

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Understanding the debate around based rollups

Ethereum loves rollups. As of late, “based” rollups are in vogue.

What makes based rollups special? Its sequencer.

Layer-2s today use a trusted centralized sequencer to order users’ transactions before they are posted down to the layer-1 for settlement, but based rollups defer those execution duties to Ethereum layer-1 validators. This is otherwise known as “based sequencing.”

There are two primary reasons this is preferable: censorship resistance and interoperability. 

Using the layer-1 as a sequencer ensures the same liveness guarantees as Ethereum layer-1 blocks, and avoids the major complaints of potential censorship surrounding trusted centralized… Read more on Blockworks

Daily US Bitcoin ETFs Net Flow Analysis (As of December 13, 2024)

On December 13, 2024, the daily net flow for U.S. Bitcoin ETFs indicated strong positive momentum, with a total net increase of 5,181 BTC across the participating funds. BlackRock’s Bitcoin ETF (Ticker: IBIT) led the charge with an impressive net inflow of 4,322 BTC, highlighting substantial investor confidence.

Other ETFs also saw significant net inflows. Bitwise’s Bitcoin ETF (Ticker: BITB) added 615 BTC, while Fidelity’s Bitcoin ETF (Ticker: FBTC) gained 306 BTC. Grayscale’s BTC fund (Ticker: BTC) experienced a net increase of 155 BTC, and ARK’s Bitcoin ETF (Ticker: ARKB) received an additional 90 BTC.

However, not all funds experienced growth; Invesco Galaxy’s BTC ETF (Ticker: BTCO) saw a reduction, with a net outflow of 525 BTC. VanEck’s (Ticker: HODL) had a modest gain of 28 BTC, and Valkyrie’s (Ticker: BRRR) holdings remained unchanged.

The total Bitcoin holdings for these ETFs reached 1,122,144 BTC by the end of the day, reflecting a significant overall market value increase of approximately $524.6 million. This substantial net inflow underscores a day of vigorous trading and robust investor interest in the Bitcoin ETF market.

Disclaimer: Market capitalizations and data can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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Early Bitcoin Investor Sentenced to Prison for Tax Evasion on $3.7 Million BTC Sale

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An Austin, Texas man, Frank Richard Ahlgren III, has been sentenced to two years in prison for filing false tax returns that underreported the capital gains from selling $3.7 million worth of bitcoin, the United States Department of Justice (DOJ) announced today.

According to the DOJ, Ahlgren was an early Bitcoin investor who began purchasing bitcoin in 2011. In 2015, he acquired 1,366 bitcoins through his Coinbase account, a year in which the price of bitcoin peaked at approximately $495 per coin. By October 2017, Bitcoin’s…

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