Daily Crypto NewsEDITION #1110, 05 December 2024

Bitcoin Hits $100k

Today, Bitcoin has officially surpassed $100,000. This is a historic day that will be remembered for years to come.

Now, let's cut to the chase—because we value your time. Time is Moni.

What's up?

Beyond Bitcoin hitting $100k, there’s a lot of other exciting news:

– Fed Chair Powell has officially recognized Bitcoin as a competitor—not to the dollar, but to gold.

Back in 2021, Trump called Bitcoin a competitor to the dollar, framing it as a threat to U.S. national security.

Now, Powell is giving Americans the green light once again.

– Google Trends confirm alt-season! Searches for "altcoins" now have a 75/100 score compared to just 10/100 in October.

It seems like Trump and his circle have embraced the "if you can't beat it, lead it" approach.

It feels like $100k is just the beginning. With Ethereum's ETF seeing daily inflows that could soon hit $100-200 million, the same pump strategy that fueled Bitcoin is now at work.

Also important news:

– Check out the latest drop from Magic Eden. Heads up, it’s a bit buggy for some users, and you’ll need to set up a wallet.

– Trump has appointed Paul Atkins as the head of the SEC. Good luck, bro!