Short open interest for leveraged funds grows on CME as likely hedge trades continue to increase. Source: https://www.coindesk.com/cme-leveraged-funds-cot-open-interest-bitcoin

The country’s income tax authority is tracking investors making money amid the ongoing bitcoin price rally and is all set to demand taxes, two sources familiar with the matter …

A new crypto outlook from Bloomberg suggests BTC could reach $50,000 in 2021, topping off a month of major institutional momentum for the asset. Source: https://www.coindesk.com/50k-btc-bloomberg-bitcoin-rally

Chinese e-commerce firm JD.Com says it’s become the first online platform to accept the nation’s central bank digital currency. Source: https://www.coindesk.com/jd-com-says-its-accepting-chinas-digital-yuan-for-latest-lottery

House Financial Services Chair Maxine Waters told President-elect Joe Biden to undo the OCC’s crypto guidance after he takes office next year. Source: https://www.coindesk.com/financial-services-waters-recommendations

MicroStrategy’s share prices have increased over 170% since the company first announced its interest in bitcoin in July. Source: https://www.coindesk.com/microstrategy-50-million-third-purchase

A CBDC is a central bank digital currency, a new type of money governments are experimenting with that often has blockchain at its core. Source: https://www.coindesk.com/what-is-a-cbdc

Since 1969, 34 out of 45 years have seen a late December rally. Here are 5 reasons why that might not happen this year. Source: https://www.coindesk.com/santa-claus-rally-stock-market

Solana, a proof-of-stake (PoS) blockchain spearhead by FTX CEO Sam Bankman-Fried, is “stuck” due to an unknown issue. Source: https://www.coindesk.com/solana-devs-call-all-hands-on-deck-as-unknown-bug-stops-block-production

The success of a store-of-value asset, like bitcoin or gold, isn’t just a matter of durability, fungibility or scarcity. It’s about whether people believe in it. Source: https://www.coindesk.com/money-reimagined-bitcoin-vs-gold-narratives