Newsletter Dec 14, 2023
Bitcoin Enroute To $5M? 3 Conditions Predicted By Michael Saylor Nearly Met

The MicroStrategy co-founder made a bold prediction in the past saying the crypto asset would trade at $5 million and replace gold, and the conditions he enumerated are now nearly met.


SHIB Sees Significant Gains As Shibarium Processes Over 100M Transactions

The latest achievement is also impressive considering that Shibarium broke through the 80 million threshold (total transactions processed) just a few days ago.


SEC's First Wave Of Bitcoin ETF Approval Hinted At In Invesco's Updated S-1 Form, Says Analyst

In its recent filing, the spot Bitcoin ETF registration underlined that it will only use cash creations in response to the SEC's instruction to use the cash redemption model.

3 Dates Shib Army Should Watch Out For Before Christmas

A Shiba Inu developer announced earlier this month that Shibarium, the layer-2 scalability solution of the Shiba Ecosystem, will implement a new Shib burning system, which is set to take effect in January.

Bitcoin Rebounds Above $41,000 With Fair Value Accounting Adoption

Recent accounting rule adoption allows crypto companies and private institutions holding crypto assets to record their tokens at fair value, with changes reflected in net income.

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