Crypto Daybook Americas: Penguins Add to Bitcoin Bull Run's Holiday Spirit

Quick Summary:

Semler Scientific (SMLR): closed at $74.50 (+10.91%), up 3.36% at $77.00 in pre-market.Since Sept.19, long-term holders — defined by Glassnode as investors who have held bitcoin for longer than 155 days — have distributed over 880,000 bitcoin.

MicroStrategy's 30-day implied volatility has dropped 53% from a Nov.22 high, indicating the market is expecting less dramatic price swings as we approach the end of the trading year.BTC is up 0.93% from 4 p.m.ET Tuesday to $107,069.48 (24hrs: +3.CoinDesk 20 is up 0.87% to 3,950.07 (24hrs: +2.

Avalanche released its biggest network upgrade, Avalanche9000, introducing improvements that make it cheaper and easier to launch subnets.“This is the start of hundreds of Avalanche L1s launching,” the team wrote on X.“Avalanche9000 reduces the cost to deploy an L1 by 99.9%, and with hundreds of L1s being developed on testnet, look out for an explosion of launches in the coming months.” The blockchain's AVAX token is trading at $50.2, up 2.49% from last night’s close.

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Article Details

Author / Journalist: Shaurya Malwa

Category: Crypto

Markets: United StatesCubaJapan

Topics: Crypto Daybook Americas

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-17 @ 12:00:00 (1 days ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 1656 words

Reading Time: 10 minutes read

Sentences: 50 lines

Sentence Length: 34 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 24536449

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