Daily Crypto NewsEDITION #105, 18 December 2020

Good Day for Bitcoin!

Hey #Moni Maker 🙃

Today, in 2013, “HODL” - arguably the most popular Bitcoin meme was born. And despite the fact that it appeared by accident, HODL instantly gained a foothold in the hearts of bitcoiners and crypto-enthusiasts. Personally, we believe in “whatever floats your boat” approach, and increasing your crypto position is always a good thing, so let's go check out the latest news and ...

HODL on!

To start with, we would like to apologize for yesterday: the MoniTalks editorial office's lights blacked out (apparently by Peter Schiff's gang), so the Digest did not see the light, pardon the pun.

Bitcoin never blacks out!

We are excited to see 1020 participants! And you can already follow all of the participants' portfolios in Live mode 24/7. Also, visit the Moni chat room and let's chat!

After bitcoin surged above $20k yesterday and then above $23k, a total of $1.26 billion in futures positions were liquidated, most of which were short.

Binance — $481 million

Huobi — $282 million

Bitmex — $174 million

Okex — $159 million

Bybit — $94 million

FTX — $51 million

On December 17, 2017, the price of bitcoin surpassed $20,000, which was followed by a collapse that was later dubbed the "crypto winter."

Today, the first cryptocurrency reached $23,000. Conspiracy or coincidence?

December 17, 2017 - the previous high in the area of $20,000 (fall, starting from that day).

December 17, 2020 - an all-time high in the $23,800 area..

So what?

Winter is always followed by spring, my friend, crypto has its time.

As of today, there is 1.5 million ETH has already locked in Ethereum 2.0. At current exchange rates, that's just over $1 billion.

Kraken, one of the oldest crypto exchanges, announced the creation of a dedicated team to integrate the Lightning Network solution into Kraken's infrastructure for bitcoin transfers.

Kraken strategist Pierre Rochard, believes that Lightning Network solves Bitcoin's scalability issues, improving the overall efficiency of the first cryptocurrency.

Lightning Network is a so-called second-layer network that allows users to transfer cryptocurrency outside of the main blockchain (first-layer network) using specialized payment channels, thereby avoiding the high fees and long waiting times for confirmations that can occur during periods of high load.

And one more thing...Buy Bitcoin! 😉