TLDR: Fidelity and Galaxy Adds Fees for BTC ETFs, Solana Tops Ethereum in Trading Volume, Aqualibre and Kujira Team Up, Kava Blockchain Scrap Inflation & Verdict Falls on Terra.

Premium Content of the Week

Bitcoin Highlights of the Week

MicroStrategy Purchase 14,620 BTC

MicroStrategy, the prominent player in the Bitcoin ecosystem, acquired an additional 14,620 BTC for ~$615.7 million at an average price of $42,110 per BTC this week. This brings MicroStrategy’s total BTC holdings up to 189,150!

Fidelity and Galaxy Adds Fees for BTC ETFs

Fidelity and Galaxy, two of the main players applying for spot BTC EFTs, announced this week that they will charge clients trading fees once approved and in operation. Fidelity Investments are proposing a charge of 0.39% per year to holders of its Wise Origin Bitcoin Trust and Galaxy/Invesco will charge 0.59% per year for its BTCO fund.

Marathon Digital Become Most Traded Asset

BTC Mining company, Marathon Digital, became the most trading asset on December 27th with a total trading volume of $327M in the last 24 hours. Marathon Digital outpaced pivotal companies such as Apple, Tesla and Amazon.

10 Bitcoin Mining Operations Shutdown in Indonesia

This week Indonesian authorities carried out an operation where 10 BTC mining operations were shutdown down due to suspicion on electricity theft. In total, the Indonesian authorities confiscated 1,134 BTC mining machines.

Ethereum Highlights of the Week

Vitalik Buterin Unveils 2024 Ethereum Game Plan

Vitalik Buterin, the co-founder of Ethereum, has unveiled his plans for Ethereum in 2024 which comprise of six main components; the Merge, the Surge, the Scourge, the Verge, the Purge and the Splurge.

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