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🥛 The state of crypto in 3 numbers
Today’s edition is brought to you by Bakkt® - the responsible crypto company that provides custody, trading, and onramp solutions to help businesses grow with the crypto economy. Empower your future with Bakkt! GM. This is Milk Road, your daily crypto compass. We always point you in the right direction. Here’s what we’re serving up......
Charlie Munger Engages in Crypto Debate with Stripe Founder, Deems it a ‘Store of Delusion’
In the last-year episode of the Colossus podcast, which aired today, the vice chairman of Berkshire Hathaway, Charlie Munger, engaged in a conversation with John Collison, the co-founder of Stripe. Delving into various topics, the discussion took a notable turn towards Munger's views on cryptocurrency and gold. https://twitter.com/matthuang/status/1732096154240946288?s=20 Munger says crypto ought to have been......
CNBC Predicts Bitcoin to Surpass Gold Scarcity as BTC Hits $43,000
In one of the recent videos, CNBC's Fast Money trader, Brian Kelly, sheds light on the potential impact and nuances surrounding Bitcoin. Kelly highlighted that the next Bitcoin “halving” remains on track for April, when the built-in code will cut block rewards issued to miners in half. He still argues that halving will limit new......
Binance Announces Mystery Airdrop With Exciting Rewards
Binance has launched a surprise crypto airdrop tied to its Web3 wallet usage before the new year. Traders completing a single wallet swap enter drawings for prizes ranging from 1 Shiba Inu to 1 BTC. https://twitter.com/binance/status/1732022015799021733?s=20 The largest cryptocurrency exchange announced the airdrop campaign via X on Tuesday. Binance will airdrop $500,000 in Bitcoin and altcoins......
City of Lugano Now Accepts Bitcoin and Tether for Tax Payments
The Swiss city of Lugano is expanding cryptocurrency integration by enabling residents to pay any municipal bill or tax invoice using Bitcoin (BTC) or Tether (USDT) stablecoins through a new streamlined process. Key Highlights: Lugano is integrating crypto further into daily life after its adoption Citizens can now pay all city taxes and service fees......
🥛 Bitcoin enters the top 10… 👀
Today’s edition is brought to you by Tea - a packaging infrastructure putting open-source developers first and rewarding them for their contributions.Participate in their upcoming testnet!GM. This is Milk Road, where we make the crypto market sound like a bedtime story, minus the sleeping part.Here’s what we got today:Bitcoin re-enters the top 10 most valuable......
Coinbase NFT and OpenSea Address Web3 Vulnerability Alert from Thirdweb
A vulnerability was recently discovered in a commonly used Web3 open-source library. The vulnerability could potentially affect numerous NFT projects built using frameworks from web3 development toolkit provider Thirdweb. https://twitter.com/thirdweb/status/1731841493407576247 The vulnerability impacts smart contracts created using Thirdweb's NFT minting templates prior to Nov. 22nd, including popular collections on OpenSea and Coinbase NFT. Specific affected......
MicroStrategy’s Bitcoin Holdings Surpass $2 Billion in Profits as Bitcoin Tops $42,000
The eye-catching Bitcoin pile of MicroStrategy has recently surpassed $2 billion in unrealized profit. As the price of bitcoin briefly surpassed $42,000, MicroStrategy's bitcoin accumulation seems to be paying off handsomely on paper. Bitcoin surged from a 24-hour low of $39,400 to a high of $42,108 before dropping to its current price of $41,715. This......
Bitcoin and Ethereum Remained Institutional Safe Havens Amid 2022 Chaos: Report
Leading crypto exchange Bybit has analyzed trader behavior during the wild market swings since 2022. Their asset allocation research explores how different groups shifted holdings across coins, stablecoins, and alt tokens as prices whipsawed. With crypto buffeted by crises like Terra's collapse and FTX's implosion, traders employed strategies aligning risk profiles and sentiment. However, significant......
🥛 Bitcoin hit $42K. Is crypto back? 🤑
Today’s edition is brought to you by Masterworks - invest in blue-chip art today!Skip the waitlist!GM. This is Milk Road, the newsletter that turns the crypto maze into an easy stroll in the park. Here’s what we got for you today:Bitcoin hits $42K 🤑Monday Market Movers: Tokens & trends to watch this week 👀Blast reaches......
