Bitcoin advocate Michael Saylor’s MicroStrategy has appointed former Binance.US CEO Brian Brooks, along with two other executives, to its board of directors. This announcement follows Nasdaq’s recent decision to include MicroStrategy in the Nasdaq-100 index. Brooks, Jane Dietze — who also serves on Galaxy Digital’s board — and Gregg Winiarski, chief legal officer at Fanatics Holdings, join the board, increasing its total membership to nine, according to a Dec. 20 filing with the United States Securities and Exchange Commission (SEC). Swan Bitcoin: Brooks’ Appointment a “BIG Deal” The three new board members will be eligible for equity awards, per the statement. Swan Bitcoin highlighted the significance of Brooks’ appointment in a Dec. 21 X post, calling it a “BIG deal.” “As Comptroller, Brooks oversaw the entire US banking system and is deeply connected,” the company said. Brooks, who stepped down as CEO of Binance.US in August 2021 after citing “differences over strategic direction,” also served as Acting Comptroller of the Currency for nine months in 2021. Crypto commentator MacroScope shared with their 77,200 X followers, “all three are good especially Brooks.” MicroStrategy Joins Nasdaq-100 This announcement coincides with MicroStrategy’s inclusion in the Nasdaq-100 Index, effective Dec. 23. On Dec. 13, Nasdaq confirmed that MicroStrategy (MSTR), Palantir Technologies Inc. (PLTR), and Axon Enterprise, Inc. (AXON) would be added to the index. Illumina, Inc. (ILMN), Super Micro Computer, Inc. (SMCI), and Moderna, Inc. (MRNA) will be removed. MicroStrategy’s inclusion marks its position among the Nasdaq’s 100 largest companies by market capitalization, underscoring its transformation from a software firm into a de facto Bitcoin hedge fund since 2020.
Bitcoin Drops Below $94,000, Ethereum Falls Below $3,225, XRP Slips Below $2.15 ————— 💰Coin: Bitcoin ( $BTC ) $93,912.50 Ethereum ( $ETH ) $3,225.01 XRP ( $XRP ) $2.15 —————
The cryptocurrency market is currently at a pivotal point, with XRP testing crucial support levels that could shape its immediate future. With Bitcoin struggling to maintain its value and Dogecoin
Tom Lee promotes optimism despite market corrections in stocks and assets. He identifies buying opportunities for investors as markets strengthen. Continue Reading: Tom Lee Encourages Optimism in Financial Markets Despite Recent Corrections The post Tom Lee Encourages Optimism in Financial Markets Despite Recent Corrections appeared first on COINTURK NEWS .
Asset management firm VanEck reveals that a US Bitcoin reserve could significantly mitigate national debt, projecting a future Bitcoin price of $42.3 million. According to their analysis, if the US
According to a recent report by asset management firm VanEck, securing a reserve of 1 million bitcoins could significantly impact the United States’ financial landscape. Should this proposal, championed by
Solana (SOL) faces a critical juncture as its price pullback tests long-standing support levels; market analysts are watching closely for potential opportunities. This significant pullback has drawn attention due to
The creators of the crypto analytics firm Glassnode are warning that altcoins could lose all bullish momentum following last week’s market correction. Jan Happel and Yann Allemann, who go by the handle Negentropic on the social media platform X, tell their 63,400 followers that “altcoin season,” which they say began in late November, could come to an abrupt end after alts witnessed deep pullbacks over the last seven days. According to the Glassnode co-founders, traders and investors will likely have a risk-off approach on altcoins unless Bitcoin recovers a key psychological price point. “Is This the End of Altcoin Season? Bitcoin dominance is surging after dipping below $100,000, while altcoins are losing critical supports. Dominance has risen and resumed its upward trend, signaling a stronger BTC environment. If BTC stabilizes above $100,00, we might see a pump in altcoins now in accumulation zones. Until then, Bitcoin appears poised to lead, leaving altcoins lagging behind.” Source: Negentropic/X The Bitcoin Dominance (BTC.D) chart tracks how much of the total crypto market cap belongs to BTC. In the current state of the market, a surging BTC.D suggests that altcoins are losing value faster than Bitcoin. At time of writing, BTC.D is hovering at 59%. Looking at Bitcoin itself, the Glassnode executives say long-term Bitcoin holders are massively unloading their holdings as other investor cohorts pick up the slack. “The Board Keeps Shifting. As BTC continues flowing out of exchanges during this dip, long-term holders are exiting forcefully, while short-term holders step in without hesitation. Whales quietly accumulate, miners remain neutral, and selling pressure has merely reshuffled the board. New hands are absorbing the sales.” Source: Negentropic/X At time of writing, Bitcoin is worth $97,246. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: DALLE3 The post End of Altcoin Season? Glassnode Co-Founders Warn Alts in Danger of Lagging Behind After Last Week’s Correction appeared first on The Daily Hodl .
SOL's pullback has hit the 100-day moving average; will it hold like it did throughout 2024?
In a significant political move, former President Donald Trump has appointed Bo Hines as the new Executive Director of the President’s Digital Asset Advisory Committee, colloquially known as the “Crypto