Bitcoin advisor Luke Broyles said on the Coin Stories podcast that doubts about whether Bitcoin can further rise have persisted for years, even if the price reaches millions. This doubt may continue, and change may require "extremely long time." Broyles believes that the biggest obstacle to Bitcoin is not technical, but psychological, because most people still do not believe it can improve daily life. "Unfortunately, I don't think many people will make a change until they see it with their own eyes."
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Analyst: Doubts about Bitcoin's rise will continue for years, with the biggest obstacle being psychological rather than technical
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The US spot Bitcoin ETF saw a net outflow of $60.51 million yesterday.
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BitMine increased its holdings by approximately 138,400 ETH last week, bringing its total holdings to over 3.86 million ETH.
as of 8 PM Eastern Time on December 7, BitMine's cryptocurrency holdings include: 3,864,951 ETH (an increase of 138,452 ETH compared to last week), valued at approximately $13.2 billion at current prices; 193 BTC, $36 million shares of EightcoHoldings (Nasdaq code: ORBS), and $1 billion in unsecured cash. -
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Hassett: Trump will release a lot of positive economic news.
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White House economic advisor Hassett: Interest rates should continue to be lowered.
White House economic advisor Hassett expressed views on the Federal Reserve, stating that interest rates should continue to be lowered. Regarding how low the rates should be reduced, he said it is necessary to closely monitor the data situation. He also stated that it would be irresponsible to announce interest rate commitments for the next six months at this time. -
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Paradigm invests $13.5 million in Brazilian stablecoin startup Crown.
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BlackRock submits application to pledge the iShares Ethereum Trust ETF
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BlackRock transferred approximately 1,197 BTC, worth over $110 million, to Coinbase.
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