Bitcoin does it again, just a few days away from its all-time high, the cryptocurrency once again marks another milestone in its history with a maximum value of $29.285 USD and is approaching 30K. This and more news in this handy daily summary so that you are always informed with the most recent events that occur within the crypto world.
📍In the early hours of December 30, the price of Bitcoin (BTC) set a new all-time high, breaking the one reached just a few days ago. The value of the cryptocurrency reached $29.285 USD, with a growth of more than 7% daily and getting closer to 30K.
Source: CoinGecko.
And although at the time of this publication, BTC is trading at the $28.830 USD, its price is getting closer and closer to the goal that many traders, and users of the crypto community, expect for this year. Bitcoin's rise on Wednesday also briefly boosted the rise in other cryptocurrencies, such as Ethereum (ETH), which was quoted at around $746 USD; Bitcoin Cash (BCH), around $365 USD and Litecoin (LTC), with a value close to $133 USD also on Wednesday night.
📍Others exchanges of cryptocurrencies that dismiss operations with XRP (Ripple) are Bittrex and Binance US. According to a release As shared with the community, Bittrex will be shutting down all trading and negotiation operations with the cryptocurrency. Although, like the rest that have already delisted XRP, it will keep the deposit and withdrawal services for XRP wallets active, so users will be able to continue having access to their XRP wallets on Bittrex after the closure scheduled for January 15, 2021. Likewise, Binance US will suspend trading operations with XRP starting January 13.
The move by these exchanges to close market operations with XRP follows in the footsteps of Coinbase, OKCoin y BitstampGrayscale also closed subscriptions to its product Grayscale XRP TrustIt remains to be seen where the users of these products will go.
📍The decision of these exchanges to remove XRP from their lists responds to the dispute currently taking place between the SEC and Ripple, the company that issues the cryptocurrency. A battle that has just begun and that already has date scheduled for February 22, 2021The United States District Court for the Southern District of New York set this date, and the defense of the company, and of the executives accused by the regulator, will hold a virtual conference that month, prior to the trial.
The defense shared a Valid identity document which reveals that the parties sued by the SEC will submit a joint letter to the court to, among other things, reach an agreement.
📍A new and potential institutional investor is approaching Bitcoin, following the boom that has been experienced in recent months regarding this. Skybridge Capital, one of the largest investment companies in the world with $9.300 billion under management, comes to Bitcoin with a Your Strategic of $182 million in cryptocurrency, and a new investment fund called SkyBridge Bitcoin Fund LP, which will begin operations in January 2021.
Anthony Scaramucci, the founder of Skybridge Capital, has already filed his application with the SEC, the United States Securities and Exchange Commission, to await approval of the new Bitcoin investment fund.
📍In Miami, United States, the Mayor Francis Suarez He said he would be willing to consider turning 1% of the city's treasury into Bitcoin. Suarez's statement responds to a question posed by Anthony Pompliano, who invited his Twitter followers to retweet his message about whether they would move to Miami if this happened.
The mayor's response was: “I’m definitely open to exploring it.”
📍Continuing in the United States, the luxury car dealership Vegas Auto Gallery, located in the city of Las Vegas, Nevada, revealed that about 5% of their recent income was made with payments in BitcoinNick Dossa, the owner of the dealership, says his most recent sale was two sports cars valued at more than $2 million, which were paid for in cryptocurrency.
Continue reading: Bitcoin exceeds $28.000 USD and triples its price in 2020
