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Health, Wealth, and Happiness

December 20, 2023

“The magi, as you know, were wise men – wonderfully wise men who brought gifts to the Babe in the manger. They invented the art of giving Christmas presents.”



- O. Henry

Howdy, investors!

Need a last-minute gift for someone? Say no more! Read today's guide on gifting crypto to family and friends and bring new believers into the crypto fold.

Joining the host of year-end roundups and predictions, Coinbase has released an 80-page report that looks at some potential trends in crypto for 2024.

Not to be outdone, Coin Metrics weighs in with its 2023 Year in Review: an interesting and enlightening read.

Bitcoin mining firms have had an excellent 2023; some are positioning themselves for further growth in 2024. One standout is Marathon Digital ($MARA), which sparked a rally in the sector on Tuesday following the news below.

Read on to find out!

The Gift that Keeps Giving: How to Gift Crypto to Family and Friends

by Anatol Antonovici

Giving gifts to friends and family is a cherished holiday tradition that includes sharing any wealth we’ve accumulated over the past year (sorry, Scrooge). It’s a way to show care and strengthen connection with loved ones.

Following that, cryptocurrency is a great gift option because offering crypto as a gift can be surprising, original, and rewarding for those who enjoy the potential of future profit.

And think about what kind of gift bitcoin could have been, even a decade ago. Imagine gifting bitcoin or other quality assets that could have grown dramatically in value (look at the performance of our portfolios as an example of what’s possible).

Ready to learn the best ways to gift crypto this holiday? Find out here >>

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Premium Membership: A Great Holiday Gift

If you're looking for another gift idea that will keep giving all year long, look no further than a Bitcoin Market Journal Premium membership.

Premium members get access to our special reports and events, as well as our entire library of webinars, investor scorecards, and other member-exclusive content. Small investment; big return.

Plus, it's a great way to show you care about the financial freedom of your friends and family members. And because you care about your own financial future, it even makes a great gift for yourself.

Give the gift of Premium this holiday season (just $10/mo) >>

Must Read

Today's most important stories for crypto investors.

Coinbase 2024 Crypto Market Outlook (Coinbase)

Investor takeaway: According to a new report from Coinbase, the total crypto market cap doubled in 2023, suggesting that “crypto winter” has thawed.

“Despite the hurdles ... the developments we witnessed over the past year have defied expectations,” the report states. “They are evidence that crypto is here to stay. The challenge now is to seize the moment and build something better.”

Investors take note: this could be the upswing that we've been waiting for.

State of the Network’s 2023 Year in Review (Coin Metrics)

Investor takeaway: In 2023, the crypto industry saw a significant recovery from 2022, with bitcoin surging 150% and other digital assets also posting substantial gains.

In another "end of year" report from a major player in the industry, Coin Metrics provides evidence that we're seeing a strong resurgence in digital asset markets, driven by institutional interest and anticipation of a spot bitcoin ETF.

Share with your unbelieving friends.

Why Marathon Digital and Other Crypto Mining Stocks Surged Today (Motley Fool)

Investor takeaway: The crypto mining industry just consolidated, with Marathon Digital Holdings ($MARA) acquiring two bitcoin mining sites from Generate Capital for $178.6 million, paid in cash. The acquisition is expected to reduce the cost per coin of Marathon's bitcoin mining operations by 30%.

This bullish sentiment in the crypto mining sector reflects the high market value of bitcoin. Investors are responding to both the strategic expansion of mining companies like Marathon, and the robust demand for bitcoin mining facilities.

Check out our recent Top Bitcoin Mining Stocks for more tips.

Top 5 Blockchain Mutual Fund Alternatives in 2024

Crypto investors have plenty of alternatives. Here are the best.

Why MicroStrategy is Betting the Farm on Bitcoin

Lots of risk, with uncertain reward.

Top Crypto Cold Storage Wallets for 2024

If you want to keep your crypto safe, keep it cold.

Best Bitcoin Mining Rigs, Rated and Reviewed for 2024

These bitcoin miners can help you dig up some digital gold.

The Parable of the Bitcorn

The world's most expensive vegetable.

Blockchain Basics

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The Case for Crypto: Why Invest in Crypto?

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(Thanks ItsAMoneyThing)

Bitcoin Market Journal is a daily newsletter that makes you a better crypto investor. It's created by John Hargrave, Steve Walters, Gerald Jackson, Anatol Antonovici, Matthew Du, Daniel Joel, Danielle Greving, and Preetam Kaushik.

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