Bitcoin News Live: 15 Updates for Dec. 8, 2023
1. Bitcoin Price Soars to New ATH: BTC breaches the $50,000 mark for the first time, reaching a historic high of $51,250.
2. Grayscale Declares Record Bitcoin Holdings: Grayscale Bitcoin Trust announces its largest quarterly increase, adding 200,000 BTC to its reserves.
3. Tesla Accepts Bitcoin Payments: Elon Musk confirms that Tesla will now accept Bitcoin as payment for its electric vehicles.
4. China to Crack Down on Bitcoin Mining: Reports emerge that China is preparing to further restrict Bitcoin mining operations.
5. PayPal Enables Cryptocurrency Transfers: PayPal expands its cryptocurrency services to allow users to transfer Bitcoin, Ether, and Litecoin.
6. Bitcoin ETF Approval Imminent: SEC expected to approve the first spot Bitcoin ETF in the coming days.
7. Visa to Settle Transactions in Bitcoin: Visa partners with crypto exchange Coinbase to facilitate Bitcoin payments.
8. Amazon Denies Plans to Accept Bitcoin: Despite rumors, Amazon CEO Jeff Bezos denies that the company has any plans to integrate Bitcoin.
9. Circle Raises $240M for USDC Stablecoin: Circle raises funds to expand the adoption of its USDC stablecoin.
10. DeFi Market Cap Surges: Total value locked in decentralized finance (DeFi) protocols crosses $300 billion.
11. Ethereum 2.0 Phase 1 Launch Date Set: Phase 1 of Ethereum’s upgrade, known as Altair, scheduled to launch on Dec. 10, 2023.
12. Chainlink Partners with Google Cloud: Chainlink integrates its decentralized oracle network with Google’s cloud platform.
13. Coinbase Pro Launches 4 New Trading Pairs: Coinbase Pro adds support for Bitcoin-Euro, Ethereum-Euro, Litecoin-Euro, and Ripple-Euro trading pairs.
14. MATIC Soars After Polychain Investment: Polygon (MATIC) token price jumps following a $100 million investment from crypto fund Polychain Capital.
15. Binance Faces Regulatory Scrutiny: Binance temporarily suspends withdrawals following increased scrutiny from global regulators.
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