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Coin Metrics: Outlook for the cryptocurrency market in 2025.
The year 2024 is a milestone year for the digital Assets Industry, starting with the long-awaited approval of the spot Bitcoin ETF, and continuing until the end of the USA presidential election.
MSTR takes action again! $0.243 billion Shareholding in Bitcoin, total Hold Positions approximately 41 billion.
On Monday, Eastern Time, the technology company MicroStrategy, known for holding a large amount of Bitcoin, announced that it has increased its shareholding in Bitcoin again, spending $0.243 billion to acquire 2,530 Bitcoins at an average price of approximately $95,972. This marks the company's 10th consecutive week of increasing its shareholding, with a total Bitcoin holdings value of about $41 billion, accounting for over 2% of the total Bitcoin supply. During Monday's trading session, crypto concept stocks generally fell, and MSTR briefly dropped more than 7%.
Asian Equities Traded in the US as American Depositary Receipts Open Week Lower in Monday Trading
U.S. stocks fluctuate | Cryptos concept stocks fall sharply, Canaan (CAN.US) drops by 9%.
On Monday, Cryptos Concept stocks plummeted significantly, with Canaan (CAN.US) dropping 9%, MicroStrategy (MSTR.US) falling 6%, and Coinbase (COIN.US) decreasing by 5%.
Shares of Crypto-related Companies Are Trading Lower Amid a Drop in Bitcoin.
Tianfeng: Gold vs Bitcoin, which can replace the US dollar?
AI represents plan A to maintain the hegemony of the dollar, while Cryptos represent plan B to hedge against challenges to the dollar's position. However, whether it is Bitcoin or AI, Energy is an essential element that cannot be overlooked.