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Bitcoin Price Soaring to $500,000? Analyzing the Possibility and Market Impact of a US National Bitcoin Reserve
Bitcoin Price Soaring to $500,000? Analyzing the Possibility and Market Impact of a US National Bitcoin ReserveMatt Hogan, Chief Investment Officer (CIO) of Bitwise, the largest US cryptocurrency fund manager, recently made a bold prediction: if the US establishes a national Bitcoin reserve, the price of Bitcoin could skyrocket to $500,000, representing a nearly 400% increase from its current price. This prediction has sparked widespread attention in the cryptocurrency market and brought the topic of a national Bitcoin reserve back into the spotlight...
Blockchain 2024-12-19 10:12:41 -
Bitcoin Nears $100,000 Milestone!
Bitcoin Nears $100,000 Milestone!On December 19th, the price of Bitcoin continued its upward surge, briefly approaching the landmark $100,000 per coin mark. At the time of writing, Bitcoin reached a new high of $100,403 per coin...
Blockchain 2024-12-19 09:02:18 -
Trump's Bitcoin Reserve Plan: The Fed's Strong Opposition and the Potential Congressional Showdown
Trump's Bitcoin Reserve Plan: The Fed's Strong Opposition and the Potential Congressional ShowdownPresident Trump's proposed creation of a US "strategic bitcoin reserve" is facing strong headwinds from the Federal Reserve. The plan has garnered significant market attention since the price of bitcoin surged above $100,000 following Trump's November 5th election victory...
Blockchain 2024-12-19 08:28:07 -
Bitcoin Plunges: Fed's Hawkish Stance Shakes Crypto Market
Bitcoin Plunges: Fed's Hawkish Stance Shakes Crypto MarketBitcoin suffered a significant setback on December 18th, plummeting over 5%its largest single-day drop in over three months. This sharp decline is part of a broader sell-off in global speculative assets, directly triggered by the Federal Reserve's more cautious signals regarding future interest rate cuts...
Blockchain 2024-12-19 08:22:39 -
Powell Explicitly Rejects Fed Holding Bitcoin; Trump's Crypto Policy a Future Uncertainty
Powell Explicitly Rejects Fed Holding Bitcoin; Trump's Crypto Policy a Future UncertaintyFederal Reserve Chairman Jerome Powell definitively stated at a press conference following the December interest rate meeting that the Fed will not include Bitcoin in its balance sheet. This statement directly addressed market speculation about the Fed potentially holding Bitcoin, injecting a degree of certainty into the future of the cryptocurrency market...
Blockchain 2024-12-19 08:08:25 -
Powell Makes it Clear: The Federal Reserve Has No Intention of Holding Bitcoin, Nor Has It Sought Legal Changes
Powell Makes it Clear: The Federal Reserve Has No Intention of Holding Bitcoin, Nor Has It Sought Legal ChangesFederal Reserve Chairman Jerome Powell recently provided a definitive answer regarding whether the Fed would hold Bitcoin. In an interview on December 19th, when asked about the possibility of including Bitcoin in its reserve assets, Powell directly stated that the Federal Reserve is currently not permitted to own Bitcoin, and the institution has never sought to amend any relevant laws or regulations to allow for such holdings...
Blockchain 2024-12-19 04:54:01 -
Bitcoin Plunges Below $103,000!
Bitcoin Plunges Below $103,000!The cryptocurrency market experienced a sharp downturn on December 19th. According to Cailian Press, Bitcoin breached the $103,000 support level, plummeting as much as 3% within 24 hours...
Blockchain 2024-12-19 04:05:20 -
Samsung's Galaxy Z Fold7 May Ditch the Digitizer for a Lighter, Thinner Design Using New Electrostatic Stylus Technology
Samsung's Galaxy Z Fold7 May Ditch the Digitizer for a Lighter, Thinner Design Using New Electrostatic Stylus TechnologyThe foldable phone market is increasingly competitive, with manufacturers striving for lighter, more durable designs. Samsung, a leader in the foldable phone arena, is generating significant buzz with its upcoming Galaxy Z Fold7...
Mobile Internet 2024-12-18 20:25:10 -
In-depth Review of the Honor GT Aurora Green: A Comprehensive Analysis of Performance, Design, and Cooling
In-depth Review of the Honor GT Aurora Green: A Comprehensive Analysis of Performance, Design, and CoolingOn December 16, 2024, Honor officially launched the Honor GT, the first product in the GT series after its independence. This phone quickly captured the attention of consumers with its outstanding performance, unique design, and innovative cooling technology...
Mobile Internet 2024-12-18 15:31:09 -
Indonesia's High-End Smartphone Market: Samsung Leads, Apple Follows Closely, and Domestic Brands Catch Up
Indonesia's High-End Smartphone Market: Samsung Leads, Apple Follows Closely, and Domestic Brands Catch UpIt's undeniable that the high-end segment of the global smartphone market has long been dominated by Apple and Samsung, with domestic Chinese brands lagging behind. This is primarily due to Apple and Samsung's earlier global expansion and the deep brand recognition they've cultivated in overseas markets...
Mobile Internet 2024-12-18 13:43:08 -
Bitcoin Crashes Below $16,700, Plunging Over 2% in a Day!
Bitcoin Crashes Below $16,700, Plunging Over 2% in a Day!On December 18th, Bitcoin's price fell below the $16,700 mark, experiencing a daily drop exceeding 2%. This significant decline has drawn market attention and further exacerbated the volatility in the cryptocurrency market...
Blockchain 2024-12-18 12:40:07 -
Bitcoin Plunges Below $105,000!
Bitcoin Plunges Below $105,000!According to reports from MeiJing AI Flash News, Bitcoin's price has fallen below $105,000 per coin today, with a drop of 1.09%...
Blockchain 2024-12-18 10:11:39
