Bitcoin's Holiday Hypergrowth
View in Browser
Sponsor: Kraken — Sign up for an account and see what crypto can be.
- 🟠 Bitcoin surges. Bitcoin pushed past $42K on Monday, igniting the BTC community and pushing up gains across the ecosystem.
- 🇸🇻 El Salvador breaks even. President Nayib Bukele's BTC bet broke even as Bitcoin surged further. The country holds more than $130M in BTC.
- 📈 Crypto stocks climb. MicroStrategy and Coinbase both saw substantial gains Monday, up 5.5% and 6.7%, respectively, as bull market euphoria grew.
📊 Good tidings for Crypto? Crypto markets have gotten off to a strong start this December, with Bitcoin breaking out above $40,000 and Ether blowing past $2,000! Bullish momentum is building, but is the Santa rally secured?
| Prices as of 4pm ET | 24hr | 7d |
|
Crypto $1.55T | ↗ 3.6% | ↗ 10.7% |
|
BTC $42,228 | ↗ 5.7% | ↗ 14.2% |
|
ETH $2,248 | ↗ 1.6% | ↗ 11.7% |
It's a Bull Market Christmas, so you should probably spend some money on your crypto friends. We've got some ideas for you.
See what we're shopping for on our website 👇
Kraken is one of the largest and most secure crypto platforms in the world. They've been in the crypto game for over a decade, and now they're inviting us all on a journey to see what crypto can be.
There's plenty of chatter in the crypto gaming world, even as the NFT bear continues. Is Crypto Gaming ripe for a comeback? Vance Spencer and his co-founder Michael Anderson join Ryan and David to discuss the market opportunities.
Bankless Citizens get Early Access to our Monday podcast and an exclusive Debrief conversation unpacking the episode👇
You're on the free version. Unlock the benefits of Bankless Citizenship.
Thousands of crypto's sharpest investors trust Bankless to bring the alpha via exclusive articles, ad-free podcasts, and tools like our Claimables wallet tracker and Airdrop Hunter app.
Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.