Category: Bitcoin

Bitcoin is digital money created in 2009. It lets people send and receive payments directly without using banks. It’s stored on a public network called a blockchain, and only 21 million will ever exist.

Bitcoin Hits $100K: Analysts Say the Best Is Yet to Come

Summary: As most probably everyone knows, bitcoin just blew the roof crossing and shattering records. BTC managed to hit $100,000 which is an absurd amount for the first time ever on December 6, 2024.This isn’t all shiny and good for economic and valuation for traditional markets as other assets like gold suffered while BTC surged by 32% this last month alone. Experts are hyped, predicting even bigger moves in 2025.

The $100K Club

Bitcoin finally broke into six figures, and the vibes are unreal. Traditional markets like oil (-6.3%) and gold (-1%) struggled, but Bitcoin’s been on fire, shooting up 32% in just a month. Crypto analyst Quinten François calls this the start of Bitcoin’s “euphoria stage,” where prices skyrocket as everyone piles in. “You’ve got 12 months max before the cycle hits its top,” he said, basically telling us to buckle up.

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Why’s Everyone So Bullish?

A lot of it comes down to profits. The Net Unrealized Profit/Loss (NUPL) metric shows most BTC holders are winning big, and when people see green, they want more. Plus, even though global liquidity is drying up and other markets are stalling, Bitcoin’s thriving. It’s like the cool kid at the party that just doesn’t quit.

How Long Will It Last?

Not forever, but there’s still room to run. Jamie Coutts from Real Vision says if the global money situation worsens, things could slow down. But Raoul Pal, CEO of Global Macro Investor, is optimistic, predicting BTC could hit $110K by January 2025. If money flows loosen up, who knows? The moon might not be the limit anymore.

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UK Gov’s Secret Bitcoin Bag Now Worth $6 Billion

Summary: The UK government now has an incredibly insane $6 billion in Bitcoin after it broke through the ceiling and hit the $100,000 threshold. A dirty and suspicious Chinese crook was implicated in a very big money-laundering bust in 2021, which resulted in this ridiculously crazy and enormous stockpile of over 61,000 BTC.

How’d They Snag So Much BTC?

Meet Zhimin Qian, the mastermind behind a $5.6 billion investor scam. After her hustle crumbled, she fled to the UK, but authorities caught up and froze her assets, including the Bitcoin. Thanks to Arkham Intelligence, we now know the UK’s “hidden” BTC holdings have been chilling in the same wallet since 2021—untouched.

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Zhimin’s sidekick, Jian Wen, wasn’t as lucky; he’s already been slapped with six years in jail. As for Zhimin? She’s set to face trial next September. The big question is: will the seized Bitcoin go back to her victims or stay locked in the government’s hands for good?

What’s Next for the BTC?

Right now, the UK government’s stash is in limbo, just sitting there, watching BTC moon. Whether they hold, sell, or give it back depends on how Zhimin’s trial shakes out. But one thing’s clear—governments are getting more involved in crypto, and this isn’t the last we’ll hear about seized Bitcoin making headlines.

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$894M Liquidated After Bitcoin’s Insane Price Ride

Summary: In just 24 hours, Bitcoin’s wild price swings wiped out a jaw-dropping $894M across the crypto market. Over 168,000 traders felt the burn, with the biggest single loss being a $18.94M BTC-USDT-SWAP on OKX.

Bitcoin’s Wild Rollercoaster

Bitcoin kicked off with an insane pump to $103,900, only to nosedive to $90,400 on Binance overnight. The chaos didn’t last long, though—bulls swooped in, and the price rebounded to $97,898. It was a trader’s nightmare or dream, depending on which side of the bet you were on.

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Longs Got Wrecked

The bulk of the losses came from long positions, totaling a brutal $733.49M. Shorts didn’t get off easy either, adding $160.36M to the carnage. Here’s how it broke down:

  • Last Hour: $18.22M ($17.02M longs, $1.20M shorts)
  • 4 Hours: $50.18M ($42.67M longs, $7.51M shorts)
  • 12 Hours: $166.08M ($103.25M longs, $62.83M shorts)
  • 24 Hours: $893.85M ($733.49M longs, $160.36M shorts)

Lessons in Volatility

This price chaos isn’t just volatility; it’s a full-blown reminder that crypto is not for the faint of heart. Some traders bagged big wins, but others took devastating Ls. It’s a wild west out here—trade carefully or get rekt.

Why Bitcoin Plummeted to $65K in South Korea

Summary: Bitcoin is having a heck of a great time worldwide except for South Korea as its valuation took a nosedive after a shocking and drastic martial law announcement, leaving traders scrambling as chaos rocked the markets. Here’s what went down and how the market bounced back.

Martial Law Sends Shockwaves

On December 3, Bitcoin prices on South Korea’s Upbit exchange tanked to 92 million won (~$65,000), a staggering $30,000 below global rates. The crash came moments after President Yoon Suk Yeol dropped a bombshell on live TV, declaring martial law to “eliminate anti-state elements.” The drastic announcement was meant to address perceived threats from North Korea but instead triggered financial panic, with crypto markets bearing the brunt of the chaos.

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Liquidity? Poof, It’s Gone

Traders were left in shock as the market spiraled. A crypto analyst, Ltrd, explained the meltdown: “Everyone just dipped. The market had no buyers left.” With liquidity providers pulling out, a 10% price spread appeared, exposing how fragile South Korea’s crypto market really is. Unlike global markets, South Korea’s exchange ecosystem is tightly controlled, making it ridiculously hard for new players to jump in. This made the crash even worse as sell orders piled up, and there weren’t enough buyers to stabilize prices.

The Bounce Back

But here’s the plot twist: South Korea’s parliament wasn’t having it. Just hours later, lawmakers voted unanimously to cancel the martial law order, and President Yoon gave in. The calm returned fast, with Bitcoin prices rebounding to 135 million won (~$95,000) by day’s end. While the market recovered, the episode highlighted how thin liquidity and sudden political moves can shake even a giant like Bitcoin.

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Vladimir Putin: Bitcoin Is Unstoppable

Summary: Russia’s President Putin gives his valuable and well expected opinion on Bitcoin. He said BTC is unstoppable and thinks that the current nations movement favors BTC. From mining legalization to adoption growth, Russia is slowly reshaping its digital asset narrative.

Bitcoin’s Glow-Up in Russia



At the World Trade Center in Moscow, Putin didn’t mince words: “Nobody can stop Bitcoin.” He’s doubling down on crypto’s future, pointing out how digital assets can streamline payments and cut business costs. Russia’s been busy too—legalizing mining and rolling out tax laws to classify crypto as property.

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Adoption Is Heating Up

Crypto’s getting real traction in Russia. A cool 10% of the population, or 14.6 million people, own digital currencies, with citizens holding $7 billion in assets on exchanges. Surveys show one in five Russians has interacted with crypto. Even with crypto payments banned, the government is mulling over using Bitcoin for international trade—big moves for a country that once side-eyed digital currencies.

Challenges on the Chain

But it’s not all smooth sailing. Russia’s central bank digital currency (CBDC) plan is hitting roadblocks, with delays likely stretching out over two years. Energy shortages could spark mining bans in certain areas, adding to the hurdles. Despite this, Putin’s bullish vibes make it clear: Bitcoin and digital assets are here to stay, and Russia’s game plan is evolving.

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Japan’s Metaplanet Offers Bitcoin Rewards to Shareholders

Summary: Metaplanet is spicing things up by making sure shareholders are rewarded with juicy Bitcoin through a lottery system. The Tokyo-based firm aims to boost engagement while flexing its partnership with SBI VC Trade.

BTC Perks for Shareholders

Tokyo-listed Metaplanet is flipping the script on shareholder benefits. The company just announced a Bitcoin reward program tied to its collaboration with SBI VC Trade, a crypto-focused subsidiary of SBI Holdings. Shareholders holding at least 100 shares by Dec. 31 can score Bitcoin prizes through a lottery. To join, participants need to register on a special site by March 31, 2025.

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A total of 30 million yen (~$199,500) in BTC is up for grabs, with prizes ranging from $66 to $664 worth of Bitcoin. It’s all about boosting shareholder vibes and getting more eyes on Bitcoin adoption.

Stock Pump and BTC Strategy

The announcement gave Metaplanet’s stock a 4.58% glow-up, hitting $16. The firm also plans to raise $62M via stock acquisition rights to bulk up its Bitcoin holdings for treasury management. CEO vibes? Forward-thinking, with a side of crypto innovation.

This move is yet another step in Japan’s growing embrace of Bitcoin, and Metaplanet’s pivot shows how traditional firms can make crypto rewards a win-win for shareholders and treasury goals.

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MicroStrategy Hits $38B in Bitcoin Holdings

Summary : MicroStrategy has boosted its Bitcoin stash to 402,100 BTC, now worth over $38 billion. CEO Michael Saylor continues championing Bitcoin as a corporate asset, inspiring other firms to adopt similar strategies.

Massive Bitcoin Buy

MicroStrategy just made waves again, acquiring 15,400 Bitcoin for $1.5 billion at an average price of $95,976 per coin. This brings the company’s total holdings to 402,100 BTC, valued at $38 billion with Bitcoin trading at $95,194. The company has spent $23.4 billion on Bitcoin since 2020, now sitting on $15 billion in unrealized gains thanks to its bullish bet.

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The BTC Playbook

MicroStrategy finances its Bitcoin purchases through share sales and securities issuance, tracking growth with its “BTC Yield” metric. Quarter-to-date, BTC Yield is at 38.7%, jumping to 63.3% year-to-date. This approach has greatly managed to inspire other aspiring companies which does include some big names, like Tokyo-based Metaplanet and Marathon Digital, to adopt similar strategies.

Saylor’s Crypto Crusade

Michael Saylor isn’t showing any signs of slowing down. Over the course of just few weeks he pitched Bitcoin to Microsoft bought a huge amount of BTC for MicroStrategy and also doubling down on his sole mission to push corporate crypto adoption. Meanwhile, Marathon Digital announced a $700 million funding plan to buy Bitcoin and manage debts, signaling a growing trend of institutional Bitcoin accumulation. MicroStrategy remains the king of corporate BTC treasuries.

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Genius Group Stacks $1.8M More BTC, Now HODLs $15.8M

Summary: Genius Group is a well known Singapore-based education and AI firm which has yet again added a huge amount of $1.8M worth of Bitcoin to its reserve, this isn’t the first time this company has added cryptocurrency to its reserve and most importantly Bitcoin. This addition of BTC brings its total to 172 BTC. The company’s “Bitcoin-first” strategy is part of a long-term plan to integrate crypto into its education platforms.

Genius Group Goes Bigger on BTC

Genius Group isn’t playing when it comes to Bitcoin. The Singaporean education and AI firm just dropped $1.8M to scoop up more BTC, now holding 172 coins worth $15.8M. CEO Roger Hamilton says this is all part of their bold “Bitcoin-first” strategy, where 90% of the company’s reserves will eventually be allocated to Bitcoin. At an average price of $92K per coin, Genius Group is flexing its commitment to making Bitcoin the backbone of its financial game.

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Bringing Bitcoin to the Classroom

This isn’t just about HODLing. Genius Group is leveling up by weaving Bitcoin into its education platforms, using blockchain tech for on-chain certifications and rewards powered by the Lightning Network. It’s a next-gen twist on traditional education, making crypto a key part of their vision.

Leading the Charge

After Huge addition done by MicroStrategy, Genius also didn’t shy away and joined the rank of Bitcoin Bull like said MicroStrategy and these type of companies have managed to set a fast growing trend of adding crypto especially Bitcoin as its reserve. . With $15.8M in BTC reserves, they’re not only hedging against economic shifts but also proving that education and crypto can be a match made in digital heaven.

Bitcoin Near-Miss: Gamblers Lose Big on $100K Bets

Summary: A notorious crypto gambler faces a serious loss as bitcoin very slightly missed $100K in November. It wasn’t just a small amount bet as many would expect because some bets costs over $100K itself. Despite the setback, the crypto crowd is still bullish, with six-figure predictions for the near future.

When $100K Was Just a Dream

Bitcoin came within $345 of breaking $100K in November, peaking at $99,655 before falling to $90,800. The hype? Unreal. But the aftermath? Painful. Polymarket traders betting on the $100K milestone got wrecked, with one user losing $114,000 and another dropping $56,000. Total trading volume hit $28.5M, making this a high-stakes loss for many.

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Bullish Vibes Aren’t Dead

Despite the Ls, the crypto faithful aren’t giving up. Polymarket data shows a 40% chance BTC could revisit $90K soon, but there’s still hope for $100K by 2025. Bitcoin is trading at $96,700 now, with odds of hitting $100K this month surging from 19% to 71%. The diamond hands energy is alive and well.

Kiyosaki’s Take on the Dip

Robert Kiyosaki, author of *Rich Dad Poor Dad*, says Bitcoin might tank to $60K before shooting up to $250K by 2025. His advice? “Buy the dip!” While the $100K dream took a detour, the long-term vibe is still strong.

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Swiss Parliament Votes to Explore Bitcoin Mining for Power Grid Upgrades

Summary: Swiss politician Samuel Kullmann just got major approval for a game-changing study: using Bitcoin mining to boost the country’s energy grid. With an 85–46 vote in Parliament, Kullmann’s proposal is all about turning wasted energy into something useful and could be a big win for both the environment and Bitcoin fans.

Why Bitcoin?

This isn’t Switzerland’s first rodeo with crypto. Bitcoin’s halving event earlier this year had Swiss cities like Zurich topping Google searches. The idea? Use Bitcoin mining not just for profits but also to stabilize energy use. By running mining rigs during off-peak hours, Switzerland could use extra electricity that would otherwise go to waste. Genius, right?

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Big Bitcoin Moves

Switzerland’s been low-key stacking up on Bitcoin exposure. Even the Swiss Central Bank bought shares in MicroStrategy—aka the company with the biggest Bitcoin stash. Talk about making power moves.

Global BTC Hype

It’s not just Switzerland hopping on the Bitcoin train. Cities like Vancouver are pushing to hold Bitcoin as part of their budgets. Even U.S. and Brazilian lawmakers are talking about creating national Bitcoin reserves. BTC isn’t just a trend—it’s becoming the main character on the global financial stage.

Switzerland might just prove Bitcoin is about more than digital gold—it’s a tool for the future.

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