Historic moment! Bitcoin breaks through $0.1 million, Trump continues to ignite the cryptocurrency market, cryptos concept stocks, etf all skyrocket.
According to data collected by CCData, the combined trade volume of cryptos doubled in November. The spot trade volume increased by 128%, reaching 3.43 trillion dollars, the second highest figure since May 2021; the derivatives trade volume grew by 89%, reaching 6.99 trillion dollars, breaking the previous record again.
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Witness history, bitcoin breaks through the $0.1 million mark! Another major country leader waving the flag for cryptos, Putin: bitcoin is better than forex reserves.
① It's not just usa President Trump; Russian President Putin is also clearly supporting cryptos now. ② On Wednesday, Putin questioned the necessity of Russia holding forex reserves and suggested that bitcoin might be a better option.
Daily digital currency updates (2024-12-05)
Bitcoin first broke through the $0.1 million mark on Thursday, with the market expecting the Trump administration to create a friendly regulatory environment for cryptos.
Breaking through 0.1 million! Bitcoin enters the era of "six figures".
Is it the hard currency of the 'cyberpunk' era, or a beautiful bubble created by capital speculation? Amidst these contrasting evaluations, bitcoin has spectacularly risen to 0.1 million dollars.
Putin: Bitcoin is better than the US dollar reserves, and no one can ban bitcoin.
Russian President Putin also explicitly supports cryptos, questioning the necessity of US dollar forex reserves, and praising bitcoin as a potentially better option.
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Powell: The economy is stronger than expected, the Federal Reserve can lower interest rates "more cautiously", and the Trump administration cannot appoint a shadow Fed chair; Trump nominates crypto-friendly Paul Atkins to be the SEC chair.
Powell's miscellaneous talk: There will be no "shadow Fed", bitcoin's competitor is gold.
①Federal Reserve Chairman Powell shared his personal career experience on Wednesday and expressed his views on issues such as the new Trump administration, the US economy, and bitcoin; ② Powell emphasized that the independence of the Federal Reserve is protected by law and stated that Trump's envisioned "Shadow Federal Reserve" is not possible.
Bitcoin is sprinting towards the 0.1 million mark! Trump nominated crypto-friendly Paul Atkins as SEC chairman, and crypto concept stocks are soaring across the board.
After taking office, Atkins is expected to focus on reducing regulation and easing penalties for violations. He is currently the CEO of the consulting institution Patomak Global Partners. The institution stated that since 2017, Atkins has been committed to establishing best practices for the issuance and trading of digital assets as the co-chair of the advocacy organization Token Alliance for the crypto industry. Trump stated that Atkins recognizes that digital assets and other innovations are crucial for making the usa greater than ever.
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Trump nominated cryptocurrency-friendly Paul Atkins as SEC chairman, and bitcoin saw an increase of over a thousand dollars during trading.
After taking office, Atkins is expected to focus on reducing regulation and alleviating penalties for violations. He is currently the CEO of the consulting institution Patomak Global Partners. The institution states that since 2017, Atkins has been committed to establishing best practices for the issuance and trading platform of digital assets as a co-chair of the cryptocurrency industry advocacy organization Token Alliance. Trump stated that Atkins recognizes that digital assets and other innovations are crucial for making the usa greater than ever before.
The annual "big reshuffling" of the Nasdaq 100 is about to begin! Who is expected to join, and who will be eliminated?
This year's potential high-flying stocks like palantir, MSTR and more are expected to be included.
The next catalyst for bitcoin: Trump's SEC and CFTC nominees, usa bitcoin reserves?
Currently, Paul Atkins, who supports cryptos, is seen as a leading candidate for the next SEC chairman, and Trump's transition team is also discussing whether to establish the first White House position specifically responsible for digital assets policy. Since Trump's victory on November 5, the market cap of the cryptocurrency market has increased by approximately 1.3 trillion dollars.
Express News | In pre-market trading: top-performing stocks rose collectively, with okta increasing by over 16%.
Latest cryptos news | Bitcoin fluctuates around 96,000 dollars; the Trump administration may allow more crypto companies to go public.
The Trump administration may allow more cryptos companies to conduct IPOs, and the future regulatory environment may change, thus providing more financing channels and development opportunities for crypto companies. It is reported that the initial public offering market may soon open to stablecoin provider Circle Internet Financial, trade platform Kraken, and other companies wishing to go public.
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