Bitcoin24h $70,738.70-1.04%

Ethereum24h $2,084.35-1.49%

BNB24h $653.84-0.65%

XRP24h $1.39-0.88%

Solana24h $87.00-2.35%

TRON24h $0.2971+1.71%

Dogecoin24h $0.0948-1.96%

Hyperliquid24h $37.83+3.02%

Cardano24h $0.2593-3.44%

Bitcoin Cash24h $463.84-0.12%

Coinbase to delist WBTC months after Justin Sun controversy

Coinbase has announced that it intends to delist Wrapped Bitcoin (WBTC) from December 19 because it no longer meets the listing requirements.

All bitcoin models destroyed: Stock-to-Flow, Power Law, Rainbow

Whether bitcoin will destroy all models or only some is up for debate. But for most publicized models, it seems intent on a destructive path.

In 2023, MicroStrategy’s average bitcoin purchase price was near $30,000. Today, that average has jumped to near $50,000.

MicroStrategy executives boasted about the ability to yield higher bitcoin exposure per MSTR share over time. We read the fine print.

Bitcoin’s market cap ‘flippened’ Saudi Aramco and the precious metal silver. Bullish investors are looking for the next domino to fall.