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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.
The crypto market is reigniting enthusiasm! Bitcoin has returned above 0.1 million dollars, and miners are stockpiling coins. Is the market preparing for the "Trump administration rally" in advance?
In fact, Bitcoin has a strong cyclical utility. From Historical Data, Bitcoin has shown considerable performance in the first quarter of the second year after each halving. Specifically, the first quarter of 2013 saw an increase of 539%, in 2021 an increase of 103%, and in 2017 an increase of 12%. The fourth halving will occur on April 20, 2024, so the market is closely monitoring Bitcoin's performance in the first quarter of 2025.
Daily Digital Currency Update Summary (2025-01-08)
According to a report by CoinDesk, JPMorgan states that the profitability of Bitcoin (BTC) miners increased for the second consecutive month in December 2024, reaching the highest level since April 2024.
The surge in U.S. Treasury yields is hitting risk Assets, and the Cryptos market is affected.
The price of Bitcoin has dropped significantly, due to the surge in USA Treasury yields putting pressure on risk assets overall.
MARA Holdings Options Spot-On: On January 7th, 222.42K Contracts Were Traded, With 1.82 Million Open Interest
On January 7th ET, $MARA Holdings(MARA.US)$ had active options trading, with a total trading volume of 222.42K options for the day, of which put options accounted for 34.19% of the total transactions,
Top Cryptocurrencies Tumble; Bitcoin Slumps Below $97,000