Bitcoin has fallen below 0.1 million dollars, analysts suggest it may drop to 0.09 million dollars in the short term.
Due to the Federal Reserve's cautious stance on interest rate decreases, Bitcoin's price dropped below $0.1 million this Thursday, dragging down the performance of speculative Assets.
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0.1 million dollars is not the end! Will Bitcoin push up to 0.2 million dollars next year?
Bitcoin has had a historic year, rising 135.7% since the beginning of 2024, successfully breaking through the $100,000 mark. However, analysts believe this is not the end, as the crypto is expected to maintain this momentum in 2025.
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Cipher Mining(CIFR.US) 10% Shareholder Sells US$4.02 Million in Common Stock
$Cipher Mining(CIFR.US)$ 10% Shareholder Bitfury Top HoldCo B.V. sold 550K shares of common stock on Dec 16, 17, 2024 at an average price of $7.32 for a total value of $4.02 million. This
Express News | Federal Reserve Chairman Powell: The Federal Reserve is not allowed to own Bitcoin and does not wish to change the law.
Shares of Crypto-related Stocks Are Trading Lower Amid a Drop in Bitcoin.
MicroStrategy has purchased another 15,359 Bitcoins, bringing the total Hold Positions to 45 billion dollars, and the Chairman is making bold statements again.
On December 16, the company MicroStrategy, which is about to be included in the NASDAQ 100 Index, announced the purchase of 15,350 Bitcoins. The total amount of Bitcoin currently held by the company reaches 0.439 million, valued at approximately 45 billion dollars.
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.
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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.
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.
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.
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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.