HUT241227P23500
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Hut 8 Newsroom
Bitcoin Set to Fall on Weekly Basis, Slides Further From $100K
Express News | Bitcoin has regained its position above 95,000 USD, and stocks related to the Cryptos Concept have risen in pre-market trading.
Cryptocurrency companies are showing goodwill one after another! They are offering million-dollar "gifts" to Trump’s inauguration.
The inauguration of President Trump, elected in the USA, is now迎来 a wave of donations, and the Cryptos industry has already contributed millions of dollars.
Why does Trump want to link with Bitcoin?
Trump was once a skeptic of Cryptos during the 1.0 era, but in the 2.0 era, he transitioned to being a strong advocate for "making the USA the crypto capital of the world." One main reason for this is that MAGA needed an alternative to maintain the dominance of the dollar, and Bitcoin has been given a unique mission that transcends technological development.
A detailed explanation of Trump's "crypto romance" and future direction.
Trump has shifted to become a supporter of cryptocurrency, and the market is closely watching his role and future impact in this field.
Express News | Several CEOs of cryptocurrency companies are currently seeking opportunities to meet with Trump himself.
The price of Bitcoin has been under pressure for several consecutive days, with bearish factors involving the USA Department of Justice and Musk.
① Concerns regarding the USA government's handling of the involved Bitcoin have once again triggered short-term price fluctuations; ② Musk commented this week that if the dollar inflation problem is resolved, then the dollar price of Cryptos should fall. ③ The ongoing expectation of tightening dollar liquidity is also putting pressure on alternative Assets.
Beware of these "four fires" on Trump's first day in office!
On the first day of Trump's presidency, significant actions will be taken on tariffs, Cryptos, Energy, and immigration issues.
Futu Daily Report | Will the Federal Reserve pause interest rate cuts? Meeting minutes show officials are eager to slow down the pace of rate cuts; U.S. stocks are closed today in mourning for the death of former President Carter's.
The Trump team is reportedly considering declaring a national economic emergency to implement high and widespread tariffs; Bearish surprise! A single remark from NVIDIA CEO Jensen Huang triggered a collective drop in USA quantum computing stocks.
Benchmark Co. Maintains Hut 8(HUT.US) With Buy Rating, Maintains Target Price $41
Craig-Hallum Maintains Hut 8(HUT.US) With Buy Rating
Keefe Bruyette & Woods Initiates Hut 8 at Outperform With CA$43.03 Price Target
Exchange-Traded Funds, Equity Futures Lower Pre-Bell Wednesday Ahead of FOMC Meeting Minutes
Beyond Bitcoin Mining: Hut 8 Targets the Intersection of Energy and Technology, Says CEO Asher Genoot
Express News | Report: In 2024, multiple listed Bitcoin mining companies are increasing their Bitcoin holdings and expanding into AI Business to further enhance their Global Strategy.
Hut 8 Hashrate Under Management Fell in December
Hut 8 Expects Miner Shipments To Begin In January, Marking Key Step In Driving Average Fleet Efficiency Down To 19.9 J/Th
Hut 8 Operations Update for December 2024
Shares of Crypto Stocks Are Trading Lower After Bitcoin Fell Back Below $100,000.
Hut 8 Secures Data Center Approval, Reinforcing Wall Street's Bullishness