🚨 CRYPTO NEWS HIGHLIGHTS

📈 Bitcoin hits a new ATH

🔥 Bitcoin reaches $100,000, marking a historic milestone with a market cap exceeding $2 trillion.

• 💰 BlackRock ETF: Acquired an additional $570.7M in Bitcoin on December 4, with total inflows over $1.6B in the past 3 days.

• 🏦 Mt. Gox: Moved $2.43B in Bitcoin to a new wallet, raising concerns about the ability to repay creditors.

🔍 Insights from the market

• 🪙 Fed’s Powell: Emphasizes that Bitcoin is a competitor to gold, not the USD.

• 📊CryptoQuant: BTC inflows to exchanges increase, posing a risk of a sell-off in the near future.

• 🚀 Altseason: Altcoin funding rates reach the highest level in the past 9 months, indicating positive signs.

🌐 Web3 and blockchain solutions

• ⚙️ Polkadot: Proposes a decentralized computing solution to address high fees and poor user experience.

📰 Other notable news

• 👔 Trump: Nominates Paul Atkins to replace Gary Gensler as SEC Chairman.

• 💼 Hester Peirce: Strongly supports this nomination, stating that Atkins is suitable to lead the SEC.

• 🔷 Ethereum: Price target of $7,000 as Altseason continues to thrive.

• 🐕 Dogecoin: Technical analysis suggests the potential to reach $1 in the near future.

🌍 Regional developments

• 🪙 Missouri: Proposes a law banning CBDCs, recognizing gold and silver as legal tender.