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Collective Shift

Bitcoin at $40,000; Solana Airdrop Season & Why Gaming Tokens Are Pumping

December 06, 2023 Collective Shift
Bitcoin at $40,000; Solana Airdrop Season & Why Gaming Tokens Are Pumping
Collective Shift
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Collective Shift
Bitcoin at $40,000; Solana Airdrop Season & Why Gaming Tokens Are Pumping
Dec 06, 2023
Collective Shift

The team discusses Bitcoin reaching $40,000 while Michael Saylor adds more Bitcoin to his balance sheet. The team further delves into the Solana ecosystem with highly anticipated airdrops from Jupiter & Jito.

Key Takeaways 

  • Bitcoin climbed to a 20-month high of $40,100 after confidence increased in a bitcoin ETF approval by Jan. 10, 2024.
  • The cause of this increased confidence was the SEC submitting certain filings last week that effectively enables it to make a decision on all ETF applicants at once in early January.
  • Michael Saylor’s MicroStrategy bought an additional 16,130 BTC for $593M in November, bringing its holdings to 174,540 BTC. It may soon raise $750M to buy more BTC.
  • Airdrop season is heating up in the Solana ecosystem. Last week, Jito announced its JTO token and Jupiter shared its website for checking eligibility for its upcoming JUP airdrop.
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Show Notes

The team discusses Bitcoin reaching $40,000 while Michael Saylor adds more Bitcoin to his balance sheet. The team further delves into the Solana ecosystem with highly anticipated airdrops from Jupiter & Jito.

Key Takeaways 

  • Bitcoin climbed to a 20-month high of $40,100 after confidence increased in a bitcoin ETF approval by Jan. 10, 2024.
  • The cause of this increased confidence was the SEC submitting certain filings last week that effectively enables it to make a decision on all ETF applicants at once in early January.
  • Michael Saylor’s MicroStrategy bought an additional 16,130 BTC for $593M in November, bringing its holdings to 174,540 BTC. It may soon raise $750M to buy more BTC.
  • Airdrop season is heating up in the Solana ecosystem. Last week, Jito announced its JTO token and Jupiter shared its website for checking eligibility for its upcoming JUP airdrop.