Bitcoin is sprinting towards the 0.1 million mark! Trump nominated crypto-friendly Paul Atkins as SEC chairman, and crypto concept stocks are soaring across the board.
After taking office, Atkins is expected to focus on reducing regulation and easing penalties for violations. He is currently the CEO of the consulting institution Patomak Global Partners. The institution stated that since 2017, Atkins has been committed to establishing best practices for the issuance and trading of digital assets as the co-chair of the advocacy organization Token Alliance for the crypto industry. Trump stated that Atkins recognizes that digital assets and other innovations are crucial for making the usa greater than ever.
The annual "big reshuffling" of the Nasdaq 100 is about to begin! Who is expected to join, and who will be eliminated?
This year's potential high-flying stocks like palantir, MSTR and more are expected to be included.
Express News | JPMorgan: Bitcoin volatility has reached four times that of the s&p 500, constructing an investment portfolio depends on risk tolerance.
Putin: Bitcoin is better than the US dollar reserves, and no one can ban bitcoin.
Russian President Putin also explicitly supports cryptos, questioning the necessity of US dollar forex reserves, and praising bitcoin as a potentially better option.
Express News | Since Trump's election, the inflow of spot bitcoin etf in the usa has exceeded 8 billion dollars.
Trump triggered the cryptocurrency market, with the historical trading volume of digital currencies in November exceeding $10 trillion for the first time.
According to the data collected by CCData, the combined trade volume of cryptos doubled in November. The spot trading volume increased by 128%, reaching 3.43 trillion US dollars, the second highest number since May 2021; the derivative trading volume increased by 89%, reaching 6.99 trillion US dollars, hitting another record high.
Another major national leader waving the flag for cryptos! Putin: bitcoin is better than forex reserves.
① It is not only usa President Trump, but also Russian President Putin who now clearly supports cryptos; ② On Wednesday, Putin questioned the necessity of russia holding forex reserves and hinted that bitcoin might be a better option;
Federal Reserve's over 70 years of independence at risk! Powell: Do not believe Trump will appoint a "shadow chairman" bitcoin is a non-dollar competitor.
Federal Reserve Chairman Powell stated that he will maintain a good relationship with the new government and does not believe that Trump will appoint a "shadow chairman of the Federal Reserve." He pointed out that bitcoin is not a competitor to the dollar, but rather to gold.
Futu Morning Report | Optimistic sentiment is rising again! The three major U.S. stock indexes have all reached new highs; bullish financial reports for AI applications and chip stocks are driving an investment boom, with marvell technology soaring over 2
Powell: The economy is stronger than expected, the Federal Reserve can lower interest rates "more cautiously", and the Trump administration cannot appoint a shadow Fed chair; Trump nominates crypto-friendly Paul Atkins to be the SEC chair.
Powell's miscellaneous talk: There will be no "shadow Fed", bitcoin's competitor is gold.
①Federal Reserve Chairman Powell shared his personal career experience on Wednesday and expressed his views on issues such as the new Trump administration, the US economy, and bitcoin; ② Powell emphasized that the independence of the Federal Reserve is protected by law and stated that Trump's envisioned "Shadow Federal Reserve" is not possible.
Hong Kong stocks early report on December 5: Most china concept stocks declined, Meitu cleared cryptocurrency profits of about 0.571 billion yuan.
① The latest Beige Book survey by the Federal Reserve shows a slight increase in economic activity in November. ② Powell said the Federal Reserve can be cautious when seeking a neutral interest rate. ③ Trump chose digital assets advocate Paul Atkins to be the chairman of the U.S. Securities and Exchange Commission, leading to a big surge in cryptos and their concept stocks. ④ The three major U.S. stock indexes hit new all-time highs on Wednesday, while most popular China concept stocks declined.
U.S. stocks closed: all three major indexes hit new highs as Trump ignited a cryptos frenzy, while AI applications and the chip sector showed more bullish earnings reports.
1. Jerome Powell's wording was "just right", and the Dow Jones Industrial Average closed above 45,000 points for the first time in history; 2. AI applications and chip sectors once again showed bullish financial report news; 3. The CEO of the largest health insurance company in the usa was assassinated on the street; 4. Trump nominated an SEC chairman with a pro-cryptos stance.
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Coinbase(COIN.US) Officer Sells US$3.06 Million in Common Stock
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Coinbase to Participate in 51st Nasdaq London Investor Conference
Top Cryptocurrencies Rise; Bitcoin Crosses $99,000
Shares of Crypto-linked Stocks and Bitcoin Miners Are Trading Higher Amid a Rise in Bitcoin.