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Bitcoin retakes $100k after US inflation data and Trump’s promise to keep his eye on price
Bitcoin retakes $100k after US inflation data and Trump’s promise to keep his eye on price

Share link:In this post: Bitcoin smashed $100,000 again, hitting $101,184 after new inflation data and Trump hyping up the crypto world. Ethereum and the rest of the crypto market jumped too, with Coinbase and MicroStrategy stocks getting a nice boost. Analysts are saying Bitcoin could hit $200k to $250k by 2025, thanks to more big players jumping on board.

Cryptopolitan·2024/12/11 22:44
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  • 11:22
    Vitalik Co-authors EIP-7983 Proposal to Set Gas Limit for Single Ethereum Transactions
    According to a report by Cointelegraph cited by Jinse Finance, Ethereum co-founder Vitalik Buterin and Ethereum researcher Toni Wahrstätter have jointly authored proposal EIP-7983, which aims to set the gas limit for a single Ethereum transaction at 16.77 million. The proposal is intended to reduce the risk of denial-of-service (DoS) attacks, optimize the performance of zero-knowledge virtual machines (zkVM), and balance overall gas usage efficiency.
  • 10:57
    Lloyds Bank: Next Week's Fed Minutes Unlikely to Change Market Expectations of No Rate Cut in July
    Odaily Planet Daily News: Lloyds Bank in the UK believes that the minutes of the US Federal Reserve's June meeting, to be released next Wednesday, are not expected to change the market's expectation that rates will remain unchanged at the July meeting, with any rate adjustment more likely to occur in September. The Fed's dot plot is still expected to indicate two rate cuts this year, but there are clear divisions among policymakers, ranging from three cuts to no change at all. (Zhitong Finance)
  • 10:12
    Data: Suspected Arthapala address transfers another 5,850 ETH to exchanges, total transfers exceed 54,000 ETH
    According to ChainCatcher, on-chain analyst AI Aunt (@ai_9684xtpa) has monitored that a suspected staking service provider Arthapala-related address has deposited 5,850 ETH, worth approximately $14.73 million, to multiple exchanges in the past 5 hours. Since June 27, this address has transferred a total of 54,179 ETH to exchanges, with a total value of $135 million and an average deposit price of $2,491.25.
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