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IREN Ltd Newsroom
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.
Trump's charisma is amazing! He successfully promoted the USA's return to a "dominant position in Cryptos."
Large trades between Bitcoin and USD are more concentrated during USA time; the open interest for CME-Bitcoin and Ethereum Futures has set a historical high.
H.C. Wainwright Maintains IREN Ltd(IREN.US) With Buy Rating, Maintains Target Price $16
Express News | The number of Bitcoin left to be mined is less than 1.2 million, with a circulation of over 19.8 million.
Cryptocurrency Market Outlook: Five Things to Watch in 2025.
With the development of the regulatory and technological environment, next year will be a key year for the Cryptos Industry.
The tightening of the American Financial environment puts pressure on altcoins as they bottom out, waiting for a rebound.
In the short term, continuing to observe or buying on dips is a relatively stable strategy.
Solana Dominates Bitcoin, Ethereum in Price Performance and Trading Volume: Glassnode
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.
IREN Ltd Options Spot-On: On December 23rd, 84,534 Contracts Were Traded, With 1.14 Million Open Interest
On December 23rd ET, $IREN Ltd(IREN.US)$ had active options trading, with a total trading volume of 84,534 options for the day, of which put options accounted for 12.23% of the total transactions,
Shares of Crypto-related Stocks Are Trading Lower Possibly Amid a Drop in Bitcoin.
IREN Meets Year-End Installed Bitcoin Mining Capacity Target
IREN Ltd | 6-K: Report of foreign private issuer (related to financial reporting)
Express News | Bloomberg: Bitcoin has seen its first weekly decline since Trump's victory, and the Options market starts to hedge downward.
B.Riley Financial Maintains IREN Ltd(IREN.US) With Buy Rating, Raises Target Price to $16
BTIG Initiates IREN Ltd(IREN.US) With Buy Rating, Announces Target Price $22
Is IREN Limited (IREN) 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.
IREN Ltd Options Spot-On: On December 19th, 123.41K Contracts Were Traded, With 1.16 Million Open Interest
On December 19th ET, $IREN Ltd(IREN.US)$ had active options trading, with a total trading volume of 123.41K options for the day, of which put options accounted for 15.39% of the total transactions,
Expert Outlook: IREN Through The Eyes Of 10 Analysts