Bitcoin has surged! Is the Retirement fund also taking action? A large Australian Retirement fund has rarely allocated Bitcoin.
① AMP Ltd, an Australian retirement and wealth management company, has invested 27 million Australian Dollars in Bitcoin, becoming the country's first large retirement fund to buy Bitcoin. ② The Chief Investment Officer of AMP stated that Bitcoin was purchased in May at a price of 0.06 million to 0.07 million USD, which is part of AMP's Global Strategy for diversification.
Monness Upgrades Block(SQ.US) to Buy Rating, Announces Target Price $115
Monness, Crespi, Hardt Upgrades Block to Buy From Neutral, $115 Price Target
Annual review | In 2024, the crypto world will welcome a highlight moment! Bitcoin accelerates towards breaking through the 0.1 million dollar mark, with Trump as a catalyst for explosive growth?
Bitcoin has welcomed multiple historic moments, including the Bitcoin spot ETF, Bitcoin halving, the launch of Bitcoin spot ETF Options, the arrival of the USA's first 'Crypto President', and the 'AI and Crypto Emperor', as well as a historic breakthrough of surpassing 0.1 million dollars.
Breaking news! Ukraine will "legalize" Bitcoin in 2025, and Argentina plans to allow free Trade of Bitcoin.
The Ukrainian government has announced that it expects to officially legalize Cryptos in the first quarter of 2025. Argentine President Milei has previewed a plan to implement free currency circulation in 2025, allowing people in the country to freely choose their currency for Trade, including Bitcoin.
The world's largest asset management firm Blackrock considers that having 2% of Bitcoin in an asset portfolio is "reasonable."
Blackrock stated that Bitcoin cannot be compared to traditional Assets, and the "seven giants" of U.S. stocks can serve as a reference. Generally, each of the seven Stocks accounts for about 1-2% of the overall investment portfolio, and exceeding this range significantly increases the risk proportion. In the long run, Bitcoin may become less risky, and investors might use it to hedge against specific risks, similar to Gold.
Trump rings the opening bell for the NYSE: the stock market is everything, and there will be a big push in the Cryptos field.
Trump seized this opportunity to make a new round of tax cut promises, and also promised to "make significant moves in the Cryptos sector."
Block Options Spot-On: On December 12th, 142.47K Contracts Were Traded, With 994.12K Open Interest
On December 12th ET, $Block(SQ.US)$ had active options trading, with a total trading volume of 142.47K options for the day, of which put options accounted for 17.56% of the total transactions, and
Unusual Options Activity: DFS, WDAY and Others Attract Market Bets, DFS V/OI Ratio Reaches 77.4
EST Dec 12th Morning Delivery - In the last two hours of trading, 5 options with a high V/OI ratio were detected. With the market volatile, it's crucial to stay informed on the latest options trends.
Regulatory obstacles for Cryptos are expected to be removed, yet still difficult to please Bank of America bankers.
At this week's Reuters NEXT conference held in New York, bankers from Bank of America expressed a cautious attitude towards Cryptos, even though the market generally expects that under the leadership of incoming President Trump, friendlier regulations will pave the way for lending Institutions to expand into the realm of Digital Assets.
As Fed Rate Cut Looms, Here's Why Bitcoin Could See a Big Surge
The adjustment of the Nasdaq 100 is imminent; will Bitcoin "whales" MicroStrategy get what they want?
NASDAQ will announce the annual adjustment results of the index on December 13 (Friday). MicroStrategy meets all the criteria to be included in the NASDAQ 100 Index, and this development will trigger the purchase of the company's Stocks by Global direct-tracking ETFs with a scale of 451 billion dollars.
Caroline Crenshaw's Renomination Vote Postponed, as Crypto Industry Pays Keen Attention on Voting Procedures
Block Options Spot-On: On December 11th, 157.49K Contracts Were Traded, With 955.34K Open Interest
On December 11th ET, $Block(SQ.US)$ had active options trading, with a total trading volume of 157.49K options for the day, of which put options accounted for 22.09% of the total transactions, and
Unusual Options Activity: IP, GD and Others Attract Market Bets, IP V/OI Ratio Reaches 413.4
EST Dec 11th Afternoon Delivery - In the last two hours of trading, 7 options with a high V/OI ratio were detected. With the market volatile, it's crucial to stay informed on the latest options
Eric Trump, the second son of Trump: The USA is about to welcome the most crypto-friendly government in history!
① Eric, the second son of Trump, the elected president of the USA, stated that the Trump administration will become the most friendly government towards Cryptos in USA history. ② Eric mentioned at the Bitcoin Middle East and North Africa conference that Trump will promote USA's leadership in the "digital revolution" and promised not to impose excessive regulation on Cryptos.
Bother With Bitcoin? If You Haven't Bought Crypto, It May Be Too Late
Between $95K and $100K, Bitcoin Changes Long-term Holders
Barclays Maintains Block(SQ.US) With Buy Rating, Maintains Target Price $100
Is a debt crisis about to occur? Dalio: Will invest in Gold and Bitcoin and other "hard currencies"!
Ray Dalio, founder of Bridgewater Fund, one of the world's largest hedge funds, stated on Tuesday that he will invest in hard currencies such as Gold and Bitcoin, while avoiding debt-related Assets, as most major economies are facing rising debt ratios. He added that the debts of many major countries, including the USA, have reached unprecedented levels and emphasized that the current debt levels are unsustainable.