Every week, we’ll quickly cover the biggest stories in crypto so that you’ll always be up to speed on the latest headlines. Quickly skim the headlines and if you see something that interests you, read up on it in full detail by clicking the source link.
Story of the Week
Bitcoin continued its rampage as it reached another all-time high (ATH). After reaching a new high of $28.3K last weekend, Bitcoin hit a new all-time high on January 2nd of just over $30,667 on Bitfinex.
BTC is currently trading at $30,667 at the time of writing.
IvanOnTech, a well-known developer and investor in the space tweets about the new all-time high Bitcoin reached.
Miami Could Put One Percent of Its Treasury Reserves Into BTC – Mon, 12/29
Miami’s Mayor Francis Suarez alleges he is entertaining the idea of converting one percent of the city’s treasury reserves into the #1 crypto in market cap, Bitcoin.
Read More: Miami Could Put One Percent of Its Treasury Reserves Into Bitcoin on U.Today
Panthers OT, Russell Okung Will Get Half of His $13M Contract In BTC – Tue, 12/28
NFL player Russell Okung becomes the first NFL player to receive half of his $13 million salary in Bitcoin.
Read More: Panthers OT, Russell Okung Will Get Half of His $13M Contract In BTC on Twitter
BTC’s MC Now Matches Berkshire Hathaway – Wed, 12/30
The market capitalization (MC) of Bitcoin has now matched that of Berkshire Hathaway, the multinational conglomerate owned by billionaire Warren Buffett after reaching a new all-time high of $28,917 on Bitstamp.
Read More: Bitcoin Matches Berkshire Hathaway in Total Market Cap on U.Today
Nasdaq Listed Greenpro Capital to Set Up BTC Fund Using a $100m Loan – Thu, 12/31
We believe the strategic management of our balance sheet, combined with the implementation of our BTC Fund and crypto strategy will produce significant future value for the company.-CK Lee, CEO of Greenpro Capital Corporation
Read More: Nasdaq Listed Greenpro Capital to Set Up BTC Fund Using a $100m Loan on Bitcoin.com
Grayscale Hits $20b in AUM as BTC Price Goes Wild – Fri, 1/1
Most of Grayscale’s funds—some $17.4 billion—are in the Grayscale Bitcoin Trust. The Grayscale Bitcoin Trust trades at a 17% premium, according to data from derivatives market analysis firm bybt.
Read More: Grayscale Hits $20 billion in AUM as Bitcoin’s Price Goes Wild on Decrypt
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