Altcoin majors, including ether and solana, also rose sharply as U.S. markets opened on the first full week after holidays, with the broad-based CoinDesk 20 advancing 3.5% through the day.
The average realized price of 2024 buyers in bitcoin was $65,901.
For her role in the theft and laundering of around 120,000 bitcoin, Razzlekhan will receive her sentence on Nov. 18.
The traditional 60/40 portfolio that seemed to yield good returns, doesn’t seem to be the answer to this new inflationary world.
Republicans won a majority in the House of Representatives, clearing the way for comprehensive crypto legislation when Congress takes off next year.
Headline inflation year-over-year is expected to increase by 0.2% and end a six-month consecutive decline, last seen in March 2024.
The foundation has spent roughly $240 million since March 2022, and holds most of its treasury in ether, which has slid roughly 22% since the last financial report.
Analysts expect a 0.25% rate cut this week, which has historically benefited assets like BTC by diluting the dollar’s value and pushing investors towards alternative investments.
A majority of that stash, or nearly 30,400 BTC, was sent to “1FG2C…Rveoy” and 2,000 BTC was moved to “15gNR…a8Aok” after first being sent to a Mt. Gox cold wallet.