Crypto News Recap - 3 BTC Price Targets - Dec 11 - Dec 18 2020

News Recap Synopsis and additional links found on the unchainedpodcast.com website:
https://unchainedpodcast.com/3-btc-price-targets/

3 BTC Price Targets
Coinbase takes 1st step toward IPO

Bitcoin reached new highs this week, flirting with $24k as news of big investor purchases trickled out. Ethereum has also been on the move, reaching prices not seen since mid-2018. Coinbase took the first step toward an IPO, which would be the first for a crypto company, bringing even more legitimacy to the space. There was another jaw-dropping hack this week, this one involving the personal wallet of Nexus Mutual's CEO. At the same time, companies like Paxos and mining startup Core Scientific pulled in new capital to expand their services, with the latter hoping to put a dent in China's BTC mining dominance by adding mining operations across the U.S.

There's also news about possible clemency for Silk Road founder Ross Ulbricht. A journalist looks back at an enormous sushi dinner from 2013 paid for entirely in Bitcoin -- and we’ve got all kinds of quizzes for you to test your crypto knowledge.

On Unchained, Marguerite deCourcelle tells us about her crypto OG roots, how she has translated her work as a fine artist into crypto puzzles and now crypto games and social tokens, and how Blockade Games’s new game, Neon District, takes advantage of crypto’s unique features. On Unconfirmed, Mike Winkelmann, aka Beeple, gives us the scoop on the $3.5 million auction he had in his digital art -- and how he thinks NFTs could be a game changer for artists.

This week’s top stories:

Bitcoin Price Breaks New Records
https://www.theblockcrypto.com/linked/88195/bitcoin-options-daily-volume-1-billion-bitcoin-above-23000-btc

Coinbase Takes First Step Toward IPO
https://www.theblockcrypto.com/linked/88293/coinbase-s-1-potential-ipo-filing

Ethereum Touches New Yearly High as CME Group Announces Futures
https://www.theblockcrypto.com/linked/88028/cme-group-announces-ethereum-futures

Paxos Pulls In $142 Million to Expand Services
https://www.forbes.com/sites/ninabambysheva/2020/12/17/paypals-cryptocurrency-partner-paxos-raises-142-million/?sh=6e135278422d

President Trump Is Considering Clemency for Ross Ulbricht
https://www.thedailybeast.com/trump-considers-clemency-for-ross-ulbricht-silk-road-kingpin-convicted-of-drug-and-money-laundering-charges

Can Crypto Mining in the U.S. Take Off?
https://fortune.com/2020/12/12/bitcoin-jobs-cryptocurrency-mining-hiring-core-scientific/amp/?__twitter_impression=true

Nexus Mutual CEO Hacked for $8 Million
https://www.coindesk.com/ceo-of-defi-insurer-nexus-mutual-hacked-for-8m-in-nxm-tokens

FUN BITS

A $200,000 Bitcoin Sushi Dinner
https://www.nytimes.com/2020/12/16/style/bitcoin.html

Quizzes!
https://quiz.directory/quiz/SeCafer0/
https://quiz.directory/quiz/VRp0O9MC
https://quiz.directory/quiz/SODgRTBd