BTC Hits $23,700! 🥳

...And Number of BTC Millionaires Surges! 🚀 Thurs. Dec 17, 2020 Market Activity Total Market Cap $664.6 BN (+10.42%) 24 Hour Volume $245 BN (+61.29%) Notable Movers Litecoin [(LTC)]( Bitcoin Dominance 65.2% (+1.72%) Bitcoin Price $23,430 (+12.93%) SPONSORED BY Crypto.com - 50% Off BTC and More Get up to 50% off Top Coins like BTC, ETH, ADA, and many more. Only on Crypto.com Exchange. Stake CRO to Save and Earn More. [Sign up now!]( [Crypto.com]( Today’s Top Stories 📰 Learn all about crypto at [Alexandria]( your new online crypto source! [Bitcoin Hits $23,700… Then Falls By 6.2%]( 😱 It’s been another crazy day in the crypto markets. After smashing through $20,000, [Bitcoin]( continued surging — rising by almost 20% to heights of $23,776. But 30 minutes later, it suffered a sudden crash and fell as low as $22,300. Although BTC quickly recovered, we may have just found the resistance level that stands in the way of further gains. [Find out what analysts are saying, and how altcoins have performed, in our article.]( [Coinbase CEO: ‘We May Occasionally Fall Short’]( 🙄 Brian Armstrong has subtly addressed the outages that Coinbase suffered when [Bitcoin]( record-breaking run began on Wednesday. In a blog post, he wrote: "Although we may occasionally fall short, we will always do our best to address our shortcomings." The exchange’s CEO also warned newcomers to be careful before investing in crypto when prices are high. [Here’s what he had to say.]( [How You Could Have Been a Bitcoin Millionaire]( 🥺 New data from Glassnode shows that the number of [BTC]( addresses worth $1 million has risen 150% since BTC hit $20,000. Anyone who mined a single Bitcoin from 2009 to 2012 would have pocketed 50 BTC as a reward, and this would have been worth seven figures now. Figures suggest that at least 66,540 addresses are now in the seven-figure club. [Find out more.]( [Firm Behind PayPal Crypto Service Raises $142M]( 💰 Paxos, whose brokerage service is being used by PayPal to bring crypto to the masses, has raised $142 million in a Series C funding round. The company’s CEO, Charles Cascarilla, told CoinDesk the funds will be used to fuel the mainstream adoption of digital assets. Other Paxos clients include Credit Suisse and Revolut, and the brand is also planning to double the size of its workforce. [Read more.]( [Bitcoin is Causing a Big Buzz on Twitter]( 🔥 Data from The TIE suggests that the number of tweets about [Bitcoin]( is at its highest level since January 2018. More than 92,000 tweets about the world’s biggest cryptocurrency have been posted. This metric could be more significant than meets the eye, as it suggests that retail investors are interested in BTC as well as institutions. [Read more.]( Crypto Is Hiring 💼 [Digital Marketing Specialist / Remote]( at Koinly - Europe / USA [Developer Relations Engineer]( at PureStake [SRE/Full-Stack Engineer]( at Swivel Finance [Head of Customer Intelligence]( at Keyrock - Europe [Senior Backend Engineer]( at CoinSmart - Canada, preferably Toronto [Wealth Account Manager]( at CoinSmart - Toronto [Chief of Staff]( at CoinSmart - Toronto Take a quiz! Earn $SAND, $HNT and $OXT Tokens Learn about one of the most popular DeFi projects [Sandbox]( [Orchid]( and [Helium]( Watch the series, complete quizzes & learn how Orchid helps you earn more with your digital assets.* [Learn More]( available in certain countries, check FAQ for details) Thank you for reading! Have a great day — more news tomorrow! 💙 😍 our newsletter? [Share](mailto:?subject=Check%20out%20this%20awesome%20newsletter!&body=You%20should%20subscribe%20to%20this%20newsletter%20for%20the%20top%20news%20in%20crypto%20%26%20blockchain%3A%20https%3A%2F%2Fcoinmarketcap.com%2Fnewsletter%2F) with a friend! 😡 our newsletter? [Spam](mailto:?subject=this%20is%20not%20a%20truce&body=Although%20we%20have%20our%20differences%2C%20the%20longer%20you%20can%20prop%20yourself%20up%20with%20crypto%2C%20the%20more%20fun%20we%20will%20have%20as%20adversaries.%20Sign%20up%20here%20so%20you%20can%20keep%20your%20ass%20updated%3A%20https%3A%2F%2Fcoinmarketcap.com%2Fnewsletter%2F) your enemy! [Go to CoinMarketCap.com]( [Facebook]( [Twitter]( [Instagram]( [Telegram]( © 2020 CoinMarketCap [Update Settings]( [coinmarketcap.com]( Sent to: {EMAIL} [Unsubscribe]( CoinMarketCap OpCo LLC, 8 The Green, STE 6703, Dover, Delaware 19901, United States