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Wall Street technical strategist warns of potential Bitcoin sell-off, price drop below $80,000?
Wall Street technical strategist warns of potential Bitcoin sell-off, price drop below $80,000?A top Wall Street technical strategist is warning that Bitcoin's post-election rally is weakening, and the cryptocurrency could soon experience a multi-week sell-off. Katie Stockton, founder of independent research provider Fairlead Strategies, voiced this concern, suggesting Bitcoin could face a further price decline of up to 10%...
Blockchain 2025-01-02 13:21:07 -
BlackRock's iShares Bitcoin Trust (IBIT): A New Myth in the ETF Industry, Behind its $50 Billion in Assets
BlackRock's iShares Bitcoin Trust (IBIT): A New Myth in the ETF Industry, Behind its $50 Billion in AssetsThe success of BlackRock's iShares Bitcoin Trust (IBIT) is rewriting the rules of the ETF industry. Launched just 11 months ago, this Bitcoin ETF has amassed over $50 billion in assets, a speed nearly five times faster than the previous record, making it one of the most successful ETF launches in history...
Blockchain 2025-01-01 10:36:36 -
Bitcoin Price Sees Slight Pullback, While MicroStrategy Stock Continues to Soar
Bitcoin Price Sees Slight Pullback, While MicroStrategy Stock Continues to SoarThe cryptocurrency market saw a volatile session in New York trading on Tuesday. The CME Bitcoin futures contract (BTC) closed at $94,395...
Blockchain 2025-01-01 07:56:01 -
Apple May Ditch the 'SE' Branding, Launching a Redesigned Budget iPhone: iPhone 16E
Apple May Ditch the 'SE' Branding, Launching a Redesigned Budget iPhone: iPhone 16EAccording to leaker MajinBuonX, the highly anticipated iPhone SE4 might be rebranded as the iPhone 16E and launched early next year, likely in the spring. This suggests a potential shift in Apple's product line strategy, abandoning the long-standing iPhone SE series naming and adopting a naming convention more aligned with its flagship iPhone 16 series to enhance its appeal to consumers...
Mobile Internet 2025-01-01 07:45:09 -
Bitcoin Price Soars Past $96,000 Today!
Bitcoin Price Soars Past $96,000 Today!Bitcoin's price surged over 4% today, December 31st, reaching a high of $96,000. This dramatic rise has captivated the market, putting an impressive exclamation point on 2023...
Blockchain 2024-12-31 21:52:54 -
The realme Neo7 "Badman" Limited Edition: Official Launch on January 3rd at 4:00 PM, Featuring a Stunning Limited-Edition Gift Box
The realme Neo7 "Badman" Limited Edition: Official Launch on January 3rd at 4:00 PM, Featuring a Stunning Limited-Edition Gift BoxThe highly anticipated realme Neo7 "Badman" Limited Edition will officially launch on January 3rd, 2025, at 4:00 PM. realme has unveiled the exquisite gift box for this limited edition phone, adding an air of mystery to the upcoming launch...
Mobile Internet 2024-12-31 17:20:07 -
Has MicroStrategy's (MSTR) Leveraged Bitcoin Strategy Faltered?
Has MicroStrategy's (MSTR) Leveraged Bitcoin Strategy Faltered?MicroStrategy's (MSTR) ongoing, aggressive Bitcoin accumulation strategy has drawn considerable market attention, along with increasing concerns about its highly leveraged approach. On December 30th, MSTR spent $209 million on Bitcoin, triggering a subsequent over 8% stock price plunge and widespread market anxiety...
Blockchain 2024-12-31 16:01:17 -
The Tech Tectonic Shift of 2024: A New Global Economic Landscape Driven by AI
The Tech Tectonic Shift of 2024: A New Global Economic Landscape Driven by AI2024 undeniably saw Artificial Intelligence (AI) become a central theme across numerous sectors. Nvidia, the global leader in GPU manufacturing, saw its market capitalization soar past $3 trillion, second only to Apple, highlighting the crucial role of GPUs in AI development...
Industry dynamics 2024-12-31 14:29:07 -
OpenAI's Monetization Shift Sparks Controversy: Musk's Lawsuit Gains Support Amid Heightened AI Safety Concerns
OpenAI's Monetization Shift Sparks Controversy: Musk's Lawsuit Gains Support Amid Heightened AI Safety ConcernsOpenAI's recent announcement to restructure as a more traditional for-profit company has ignited widespread controversy and thrust AI safety concerns back into the spotlight. This follows a lawsuit filed last November by OpenAI co-founder Elon Musk, seeking to halt the plan...
Industry dynamics 2024-12-31 14:27:07 -
Xiaomi is giving away 5 million New Year postcards featuring stunning photos from the 2024 Xiaomi Leica Image Contest!
Xiaomi is giving away 5 million New Year postcards featuring stunning photos from the 2024 Xiaomi Leica Image Contest!This New Year, Xiaomi is offering a special surprise to its users! The company announced it will be distributing 5 million New Year postcards showcasing winning photographs from the 2024 Xiaomi Leica Image Contest. These postcards capture countless beautiful moments and deliver warm New Year wishes to every recipient...
Mobile Internet 2024-12-31 12:49:00 -
Bitcoin plunges over $1800, breaking below $93,000!
Bitcoin plunges over $1800, breaking below $93,000!At press time, Bitcoin's price has sharply dropped, plummeting over $1800 to currently trade at $92,800 per coin. This sudden plunge has drawn market attention, with the exact cause remaining unclear...
Blockchain 2024-12-31 05:55:40 -
MicroStrategy Added 2,138 Bitcoins to its Holdings, Spending $209 Million
MicroStrategy Added 2,138 Bitcoins to its Holdings, Spending $209 MillionMicroStrategy announced on December 30th that it had acquired 2,138 bitcoins between December 23rd and 29th at an average price of $97,837, totaling approximately $209 million. This latest purchase further solidifies MicroStrategy's position as a staunch Bitcoin holder...
Blockchain 2024-12-30 21:13:52