“Bitcoin all-time high. Merry Christmas,” Peter McCormack, host of the What Bitcoin Did podcast, summarized to Twitter followers. “It’s roast bear for Christmas dinner with all the trimmings.”
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Markets Report: Bitcoin cools near $23,000 after vanquishing final resistance
“Nothing for sale” until $28,000, Max Keiser argues as the market takes stock of its record-breaking daily performance
Bitcoin stabilized near all-time highs on December 17 after 24 hours of intense trading sealed its third-best week in history. The previous day had seen volatility suddenly explode as Bitcoin knocked over $20,000 resistance in a single sudden move which only reversed at $23,800. That level appeared to put an end to the uninhibited bull run which resulted from BTC/USD, removing the last resistance hurdle on its chart.
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17-year-old’s tokenized artwork sold for $21,350
Morgan Creek Digital Assets founder Anthony Pompliano said that he believes the creator to be ‘the best digital artist in the world’
According to Nifty Gateway data, the artwork depicting a stylized New York Skyline was commissioned by Pompliano and his partner Jason Williams from the 17-year-old artist Fewocious.
- Can the third Bitcoin halving live up to the hype—and skyrocketing price—of the first two? (Photo: Flickr/Marco Verch)
Halve time report
With the number of new bitcoins mined every 10 minutes dropping by 50% today, history—and a lot of investors—says BTC is about to begin a long bull run. But will it?
The third Bitcoin halving is here, bringing with it a lot of hype. Why? Well, at the first halving, BTC was $12, and spiked as high as $1,132. At the second, it was $648 and climbed as high as $19,497. For the third Bitcoin halving, today, it was at $8,763.