Bitcoin has fallen below 0.1 million dollars! Traders are taking profits after digesting the bullish effects of Trump's executive order.

Bitcoin has dropped, and traders are taking profits. Donald Trump signed an executive order days ago, recognizing the digital assets industry as a key driver of innovation in the USA.

Global Market ReportJan 27 16:42

The cryptocurrency world is excited! A hundred volunteers have been recruited to write code, as Musk plans to use blockchain for DOGE.

Musk has begun discussing the use of blockchain technology in the newly established Department of Government Efficiency (DOGE). He has explored ideas with close allies about using digital ledger technology to improve government efficiency and reduce costs, including discussions on using blockchain to track federal spending, protect data, facilitate payments, and even manage buildings.

wallstreetcnJan 26 18:28

The new SEC's "first move": opens the door for American Financial institutions to Hold Cryptos.

On Thursday evening, the SEC withdrew a guideline known as SAB 121, which had increased the cost of holding digital Assets. Analysts believe that this move effectively opens the door for American Financial Institutions to hold Cryptos, allowing traditional Banks to provide crypto custody services without facing de facto penalties.

wallstreetcnJan 25 17:57

Is the era of the dollar hegemony coming to an end? Dalio: It's time to consider alternatives like Cryptos!

① Billionaire Dalio warns that the expanding USA debt could lead to a devaluation of the dollar and suggests considering alternative currencies such as Cryptos. ② He says, "This is not just something individuals are thinking about. Many countries and central banks are also considering this issue. Holding Bonds and debt as an Asset, as well as changes in purchasing Gold and Other Assets in a portfolio, is a reality."

cls.cnJan 25 16:10

Behind MicroStrategy's Bitcoin Bet: Investors Who Usually Play It Safe

WSJJan 23 18:30

Inflation remains the biggest global risk! Blackrock's CEO makes a shocking statement: Bitcoin could soar to 0.7 million dollars.

① Blackrock CEO Larry Fink stated at the World Economic Forum in Davos that investors may have prematurely believed that high inflation has ended, which could increase the risk of rising Bond yields, evolving into a Global risk; ② Fink referred to Bitcoin as a "fear currency," which can serve as a hedge against inflation and global instability, predicting that Bitcoin could soar to $0.7 million.

cls.cnJan 23 17:30