Daily Digital Currency Update Summary (2024-12-25)
The Constitutional Court of Black Hills Corp rejected the appeal made by South Korean crypto tycoon Do Kwon regarding the extradition ruling. According to the Black Hills Daily Vijesti, the Constitutional Court unanimously ruled to dismiss the appeal filed by Kwon.
Trump single-handedly "turned the tide": the USA has regained its "Cryptos stronghold"!
① Trump was elected as the President of the USA again, shifting the focus of the Cryptos market back to the USA, expanding the global demand for digital Assets type Funds and Cryptos derivatives contracts. ② Trump supports Cryptos and plans to turn the USA into the "Global Crypto Capital", triggering a trading frenzy and driving global funds to the USA's Cryptos trading market.
Affected by multiple factors, Bitcoin continues the decline from last week.
As the market is impacted by multiple factors, the price of Bitcoin has shown fluctuations recently.
Express News | Bloomberg: Bitcoin has seen its first weekly decline since Trump's victory, and the Options market starts to hedge downward.
Is Core Scientific (CORZ) the Crypto Stock With the Biggest Upside Potential?
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.
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.
Shares of Companies Within the Broader Tech Sector Are Trading Lower Amid Overall Market Weakness Following the Fed's Rate Decision to Cut Rates by 25 Basis Points.
Express News | Federal Reserve Chairman Powell: The Federal Reserve is not allowed to own Bitcoin and does not wish to change the law.
Core Scientific Finds a Balance in Bitcoin Mining and AI: CEO
Bitcoin 2025 Outlook: Will the Cryptocurrency's Meteoric Rise Continue to $200K?
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.
Core Scientific Is Maintained at Buy by BTIG
Bitcoin Miners' 'Two Value Creation Paths' Outlined by Bernstein
MicroStrategy Remains Most Squeezable Crypto Stock at the End of November
Roth MKM Maintains Core Scientific(CORZ.US) With Buy Rating, Maintains Target Price $25.5
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.
BTIG Maintains Core Scientific(CORZ.US) With Buy Rating, Raises Target Price to $20
Analysts Offer Insights on NA Companies: Core Scientific Inc (CORZ) and Boundless Bio Inc. (BOLD)