Is Trump promoting the layout of the cryptos market? His company was reported to be in talks to acquire the trading platform Bakkt, which surged by 162%.
According to reports, the social media company owned by Trump is in deep negotiations to acquire the crypto trading platform Bakkt, causing a surge in the US stocks of BKKT, which triggered trading halts multiple times.
Core Scientific And Port Muskogee Break Ground On 100 MW HPC Data Center To Host CoreWeave's NVIDIA GPUs; Part Of $8.7B, 12-Year Contract Covering 500 MW Of HPC Hosting, With Operations Set For 2026
Core Scientific and Port Muskogee Break Ground on 100 MW HPC Data Center
Express News | The correlation between bitcoin and US stocks has fallen to a five-year low.
Bitcoin rebounds from its largest decline since the election, as traders carefully weigh the potential impact of Trump's policies.
Bitcoin prices have intensified fluctuations, rebounding from the largest two-day decline since the results of the usa election, reflecting a change in the assessment of the impact of the elected President Trump's policy agenda.
The IMF warns that these two major industries are comparable to "electricity-hungry giants": their power consumption approaches that of a major economy.
①IMF Deputy Managing Director Gita Gopinath is concerned that the energy consumption and carbon footprint of cryptocurrency mining and datacenters are rapidly increasing; ②She expects that by 2027, the share of these two industries in global electrical utilities may rise from 2% in 2022 to around 3.5%; ③This level is comparable to the current electricity consumption of Japan, the world's fifth largest electricity-consuming country.
Latest cryptos news | Strongly advancing! Bitcoin once reached the $0.092 million mark during the day; Trump may meet with representatives from the industry to discuss the formulation of the usa's crypto policy.
Macro analyst Adam at Greeks.live stated in a post on Platform X that the crypto market has cooled down somewhat, with $90,000 becoming an important battleground. Stocks represented by Tesla and nvidia have performed poorly, and the crypto market trend has shifted towards Meme. These signals all point to a relatively dangerous direction, with the potential for significant volatility in both directions.
Gita Gopinath Of IMF Alarmed By Crypto And AI Energy Use, Says Share Expected To Match Japan's Current Power Consumption In Just 3 Years
Trump Crypto Craze Sent Bitcoin Miners Surging, but Watch Out -- Heard on the Street -- WSJ
Trump's Promise Vs. Gensler's Defense: Is the SEC Awaiting Change?
Core Scientific Is Maintained at Buy by BTIG
MicroStrategy Remains Most Squeezable Crypto Stock at the End of October
Core Scientific Rated New Buy at Roth on Shift to HPC Infrastructure
Roth MKM Maintains Core Scientific(CORZ.US) With Buy Rating, Maintains Target Price $25.5
B. Riley Adjusts Core Scientific Price Target to $18 From $17, Maintains Buy Rating
BTIG Maintains Core Scientific(CORZ.US) With Buy Rating, Raises Target Price to $19
Core Scientific Price Target Announced at $25.50/Share by Roth MKM
Latest crypto news | Bitcoin maintains a high of $88,000; several analysts estimate that Bitcoin could break $100,000 by the end of the year, bringing a new prosperous period to the virtual assets market.
According to Hong Kong media reports, hkex will launch the Hong Kong exchange virtual assets index series today. This index series will provide transparent and reliable real-time pricing benchmarks for bitcoin (BTC) and ethereum (ETH) in the Asian time zone, offering a unified reference price for virtual assets and resolving price differences between global exchanges.
Sell off the Federal Reserve gold reserves, buy 1 million bitcoins! Trump ally proposes bold plan
Trump's Senate allies suggest selling the Federal Reserve's gold reserves to purchase 1 million bitcoins, establishing a bitcoin global strategy reserve.
The heat of the 'Trump trade' is still on, but how long can it last?
Stocks, bonds, and other assets are already expensive relative to historical levels. Trump's trade protectionism policy may lead to a resurgence of inflation and force the Federal Reserve to maintain interest rates at high levels for a longer period of time. In addition, the US economy is facing continuously expanding fiscal deficits and a labor market that is already showing signs of fatigue, which could put pressure on the economic growth outlook.