What is the Bitcoin Global Strategy reserve that Trump refers to when discussing the USA? How will it operate?
After the incoming president Trump of the USA reiterated the plan to establish a Bitcoin strategic reserve, Bitcoin set a new historical high of over $107,000 on Monday, sparking enthusiasm among the Cryptos bulls.
Bitcoin Price Smashes New Record Highs as Market Value Tops US$2.1 Trillion
Will the Federal Reserve decide to cut interest rates this week? Trump reiterated that the Global Strategy of BTC reserves boosts new highs.
This week is the super central bank week, with the market expecting nearly a 100% probability of a rate cut in this Federal Reserve interest rate decision. A number of economic data will be released intensively, and more interconnected performances are expected. The intraday increase is mainly influenced by Trump's renewed proposal to establish a Bitcoin Global Strategy reserve.
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Pre-market surged nearly 5%! MicroStrategy has been included in the NASDAQ 100 Index, with Global investors "passively accumulating at High Stock Price" Bitcoin?
① According to the Market Cap of listed companies, Global shareholders equivalent to buying Bitcoin at a price of over 0.2 million US dollars; ② The company itself is currently experiencing continuous losses, and in recent years, the focus of Operation has shifted to becoming "securitized Bitcoin"; ③ The industry closely monitors the logic of the "upward flywheel": Fund passively buys → company rises → buys Bitcoin → Bitcoin rises → company continues to rise.
Bitcoin Hits $106.5K! How THIS Group Is Driving BTC's Surge
Trump ignites enthusiasm in the cryptocurrency market again, with Bitcoin reaching a historic high, aiming for 0.11 million dollars?
Last week, the president-elect of the USA, Trump, stated that he plans to establish a Bitcoin strategic reserve similar to the Strategic Petroleum Reserve. Trump said, "We are going to do some great things in the Cryptos field."
Powell may have seen through everything long ago; inflation or recovery may just be an illusion!
Gregory Daco, the chief economist at EY Parthenon, pointed out that Federal Reserve Chairman Powell is implementing a "forward-looking inflation determination approach."
Latest Cryptos news | Will history be created again? Bitcoin hits the $0.11 million mark; the third state in the USA may launch "Global Strategy Bitcoin Reserve" legislation this week.
After USA Senator Lummis proposed the acquisition of 5% of the Bitcoin supply by the USA government, Ben Simpson, founder and CEO of Collective Shift, analyzed that if the Global Strategy Bitcoin reserve is approved, the market is expected to become unstable, with Bitcoin likely to rise and then possibly decline.
Bitcoin has set a new historical high of over $106,000: there is belief that it still has the potential for continued growth in the future.
Bitcoin reached a historical high of 106,352 USD, with potential for continued growth in the future.
What happened to the USA market? The Dow has fallen for seven consecutive days, and US Treasury bonds have declined for five straight days, yet Bitcoin keeps rising joyfully!
① As of Sunday, Bitcoin has risen for seven consecutive weeks, marking the longest upward trend since 2021; ② However, if you look at the traditional stock and bond markets, you may find that compared to the situation at the beginning of the election, the field of Cryptos like Bitcoin has gradually become a "beautiful landscape" recently; ③ The Dow has currently faced seven consecutive days of declines, while US Treasuries experienced five consecutive weeks of losses last week.
Bitcoin Hits Another Record High. Can It Reach $150,000 This Cycle?
The USA's Bitcoin Global Strategy proposal ignites market enthusiasm, with Bitcoin strongly breaking through $0.106 million.
On Monday morning in Asia, Bitcoin broke through 106,000 dollars, setting a new historical high.
Bitcoin Surges Past US$105,000
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Bitcoin has surged! Is the Retirement fund also taking action? A large Australian Retirement fund has rarely allocated Bitcoin.
① AMP Ltd, an Australian retirement and wealth management company, has invested 27 million Australian Dollars in Bitcoin, becoming the country's first large retirement fund to buy Bitcoin. ② The Chief Investment Officer of AMP stated that Bitcoin was purchased in May at a price of 0.06 million to 0.07 million USD, which is part of AMP's Global Strategy for diversification.
2x Bitcoin Strategy ETF Options Spot-On: On December 13th, 125.86K Contracts Were Traded, With 341.68K Open Interest
On December 13th ET, $2x Bitcoin Strategy ETF(BITX.US)$ had active options trading, with a total trading volume of 125.86K options for the day, of which put options accounted for 8.98% of the total