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Daily Digital Currency Update Summary (2025-01-08)
According to a report by CoinDesk, JPMorgan states that the profitability of Bitcoin (BTC) miners increased for the second consecutive month in December 2024, reaching the highest level since April 2024.
The crypto market is reigniting enthusiasm! Bitcoin has returned above 0.1 million dollars, and miners are stockpiling coins. Is the market preparing for the "Trump administration rally" in advance?
In fact, Bitcoin has a strong cyclical utility. From Historical Data, Bitcoin has shown considerable performance in the first quarter of the second year after each halving. Specifically, the first quarter of 2013 saw an increase of 539%, in 2021 an increase of 103%, and in 2017 an increase of 12%. The fourth halving will occur on April 20, 2024, so the market is closely monitoring Bitcoin's performance in the first quarter of 2025.
Microstrategy Acquired 258,320 BTC in 2024, Adding $14B in Shareholder Value
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Outgoing CFTC Chair Urges Stronger Crypto Regulation Amid Mainstream Adoption
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