ireneevans451

@ireneevans451

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It marked the USDT market cap’s biggest dip since the FTX collapse in November 2022. Its current market cap of $137.2 billion is 2.75% off its all-time high of $141 billion set on Dec. 20, 2024.

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Chaired by former UK Chancellor of the Exchequer Philip Hammond, Copper is one of the largest crypto businesses in the UK and has reportedly received millions in investment from Barclays.

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The ad referred users to Huabao Overseas Technology C (QDII-FOF-LOF), which reportedly has indirect exposure to Coinbase stock and the ARK 21Shares Bitcoin ETF.

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The advertisement promoted crypto investments, saying: “Global investment, cryptocurrency soaring, 10 yuan minimum investment, get on board now.”

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Alipay, China’s largest payment platform with more than 1 billion users, reportedly featured Bitcoin and cryptocurrency-related ads for users in mainland China.

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Bitcoin Open interest (OI) — a metric tracking the total number of unsettled Bitcoin derivative contracts such as options and futures — has jumped 5.14% over the past 24 hours to $61.18 billion.

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Futures traders seem to share the optimism, with $1.54 billion in long positions at risk of liquidation if Bitcoin falls back below $100,000, according to CoinGlass data.

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Hyland wrote, “This is where it begins for Crypto. You have a 3-5 month window. Take advantage.”

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At the time of publication, Bitcoin was trading at $102,250, according to CoinMarketCap data.

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“This creates further volatility and potential upside,” Forster added. Echoing a similar sentiment, crypto trader Matthew Hyland said in a Dec. 5 X post that the $114,000 price level for Bitcoin is “loading.”

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“BTC is still a memetic asset, and these sorts of psychological barriers tend to draw attention and headlines which draw in new market participants and change opinions of existing participants,” Forster said.

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Bitcoin has hit $100,000 for the first time, but analysts say it won’t stay there long because breaking the psychological price barrier is expected to attract more attention and drive the price even higher.

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“The CFTC remains steadfast in its duties to protect customers and vigorously oversee CFTC-regulated markets critical to the health of the US economy,” CFTC Chair Rostin Behnam said, adding:

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Additionally, the CFTC charged a defendant with engaging in romance scam tactics to fraudulently misappropriate $2.3 million in customer funds intended for digital asset commodity trading.

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The court ordered Seneca Ventures defendants to pay at least $110.9 million in a CMP, $83.7 million in restitution and $36.9 million in disgorgement.

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As the community celebrates the anniversary of the first Bitcoin halving, Cointelegraph revisited some of the key historical BTC milestones and mining ecosystem changes.

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Bitcoin’s 12th halving anniversary comes amid BTC trading close to its all-time high of around $99,600 set on Nov. 22, partly contributed by Bitcoin’s fourth halving event in April.

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Bitcoin, the largest cryptocurrency by market capitalization, went through its first-ever halving event 12 years ago today, reducing block rewards from 50 BTC to 25 BTC.

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Cramer has had a love-hate relationship with crypto. In the past he has claimed cryptocurrencies have “no real value” and advised holders to sell. Cramer has since admitted he was wrong and talked about making money from owning crypto.

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In a Nov. 21 edition of Mad Money, Cramer also told a caller that they should “own Bitcoin that’s a winner,” at the time, Bitcoin was up around the $98,000 mark.

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