What Happened in the Web3 World This Week?
Bitcoin has just experienced one of the most significant weeks in its history.
Many politicians and institutional investors continue to make positive statements about cryptocurrencies.
And Finally, Bitcoin Hits $100,000!
Bitcoin has surpassed the psychological barrier of $100,000, reaching $104,000. This marks a historic milestone for Bitcoin. Supportive statements from the leaders of Russia and the US, along with strong interest in Bitcoin ETFs, were among the key factors driving this major surge.
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XRP Surpasses Solana and USDT: A Major Comeback After 7 Years
XRP has continued its rally, sparked by Gary Gensler's resignation announcement, climbing to third place by market capitalization, behind Bitcoin and Ether. With a 375% increase in the past month, XRP has drawn attention by reaching $2.50, a level last seen nearly seven years ago.
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Trump Officially Announces: Paul Atkins Nominated as New SEC Chair
Donald Trump has announced the nomination of Paul Atkins to fill the SEC chair position vacated by Gary Gensler. Known for his focus on digital assets, Atkins is expected to be easily confirmed by the Senate.
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FED Chair Powell: "Bitcoin Is Like Digital Gold"
FED Chair Jerome Powell described Bitcoin as the digital version of gold, viewing it as a competitor to gold rather than the dollar. This remark stands out as one of Powell's rare acknowledgments of Bitcoin as a store of value.
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MicroStrategy's Bitcoin Holdings Reach 402,000
MicroStrategy has purchased an additional 15,400 BTC for $1.48 billion, bringing its total holdings to 402,100 BTC. Over the past four weeks, the company has acquired a total of 148,900 BTC, with the total value of its Bitcoin investments surpassing $38 billion.
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Marathon Holdings Acquires 6,484 BTC: Strategic Reserves Grow
Bitcoin mining giant Marathon Holdings increased its strategic reserves by purchasing 6,484 BTC between October 1 and November 30. The company spent $618.3 million on this acquisition and plans to buy more Bitcoin through convertible bond sales.
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