Bitcoin’s Potential 6,000% Surge Catalyst:
Crypto market anticipation surrounding the SEC‘s decision on a spot Bitcoin ETF approval might be overlooking another bullish catalyst, according to market expert @ali_charts. In a recent post, Ali highlighted the historical impact of Bitcoin halving events on its price, sharing a chart depicting a more than 6,000% increase in BTC price 365 days after the first halving. Regardless of the ETF decision, Ali suggests that the upcoming halving could be a significant factor in driving Bitcoin’s price surge.
Massive Shiba Inu Token Burn Speculation:
Reports from the admin of Shibarium Tech Telegram group, @RagnarShiba, suggest that the Shiba Inu team may be preparing to burn a substantial amount of Shiba Inu tokens. The speculated 9.25 trillion SHIB tokens are expected to come from the $1 million worth of BONE reported in November. Although Shiba Inu lead Shytoshi Kusama had initially rejected the idea of burning tokens, a recent blog post from the team indicated plans to implement automated burning of SHIB starting in January, coinciding with an upgrade.
Satoshi Nakamoto Wallet Mystery Transaction:
A transaction worth $1,191,134 on Friday stirred the crypto community’s curiosity as it landed in the “Satoshi Nakamoto wallet.” The sender’s identity remains unknown, and the transaction followed the withdrawal of nearly 27 BTC from Binance. Crypto enthusiasts proposed three theories for the transaction: a tribute to Bitcoin’s creator, a mistake, or an attempt to create excitement ahead of the SEC’s potential approval of the Bitcoin ETF, occurring two days after the 15th anniversary of the BTC mainnet.
