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Bitcoin's Wild Night: 90,000 Liquidations, $241 Million Vanished, Unpacking the Market Volatility
Bitcoin's Wild Night: 90,000 Liquidations, $241 Million Vanished, Unpacking the Market VolatilityIn the early hours of December 28th, the Bitcoin market experienced a dramatic rollercoaster ride. Bitcoin's price plummeted, briefly approaching $93,000, before quickly rebounding to above $94,000...
Blockchain 2024-12-28 14:33:26 -
Bitcoin and Ether Futures Fall Week-Over-Week: CME Data Shows Price Volatility
Bitcoin and Ether Futures Fall Week-Over-Week: CME Data Shows Price VolatilityCryptocurrency markets saw a volatile week ending Friday, December 27th, in New York. According to CME Group data, the Bitcoin futures main contract closed at $95,250...
Blockchain 2024-12-28 07:09:13 -
South Korea's Stock Market Slump: A Confluence of Currency Depreciation, Capital Flight, and Political Turmoil
South Korea's Stock Market Slump: A Confluence of Currency Depreciation, Capital Flight, and Political TurmoilCapital flows paint a worrying picture of the South Korean stock market's second-half performance. While institutional investors maintain net buying, the domestic population continues to offload stocks...
Blockchain 2024-12-27 20:54:53 -
The Cryptocurrency Market Experiences Wild Swings: Over 100,000 Liquidations, $287 Million Lost
The Cryptocurrency Market Experiences Wild Swings: Over 100,000 Liquidations, $287 Million LostThe cryptocurrency market recently experienced intense volatility, with Bitcoin prices fluctuating wildly, triggering market panic and widespread liquidations. In the early hours of the day, Bitcoin briefly surged past $99,900, only to plummet below $96,000 later...
Blockchain 2024-12-27 15:09:30 -
South Korea's Crypto Investment Boom Reignited: A Double-Edged Sword of the Trump Effect and "Kimchi Premium"
South Korea's Crypto Investment Boom Reignited: A Double-Edged Sword of the Trump Effect and "Kimchi Premium"South Korea is experiencing a resurgence in cryptocurrency investment, driven not solely by market fluctuations, but significantly by US President Trump's election rhetoric and the unique "Kimchi Premium" phenomenon. According to the Bank of Korea, as of November 2023, over 15...
Blockchain 2024-12-27 14:55:44 -
South Korea's Cryptocurrency Investors Surpass 15 Million, Penetration Rate Exceeds 30%
South Korea's Cryptocurrency Investors Surpass 15 Million, Penetration Rate Exceeds 30%A recent report by the Bank of Korea (BOK) reveals that over 15.59 million cryptocurrency investors held accounts on South Korea's five major exchanges (Upbit, Bithumb, CoinOne, Cobit, and Gopax) as of November 2024...
Blockchain 2024-12-27 13:43:10 -
Trump's "Made in America" Bitcoin Pledge: An Unlikely Campaign Promise
Trump's "Made in America" Bitcoin Pledge: An Unlikely Campaign PromiseDuring his presidential campaign, then-candidate Donald Trump pledged to ensure that all remaining Bitcoin mining would be "Made in America." This promise, like many others from his campaigns, was ambitious yet unrealistic...
Blockchain 2024-12-27 11:54:43 -
Trump's "Made in America" Bitcoin Pledge: An Impossible Campaign Promise?
Trump's "Made in America" Bitcoin Pledge: An Impossible Campaign Promise?During his campaign, President-elect Trump made numerous promises, some far more achievable than others. His pledge to ensure all remaining Bitcoin mining is "Made in America" might be the most unattainable...
Blockchain 2024-12-27 09:12:28 -
KULR Technology Group's $21 Million Bitcoin Bet Fuels Over 40% Stock Surge
KULR Technology Group's $21 Million Bitcoin Bet Fuels Over 40% Stock SurgeTechnology company KULR Technology Group recently announced a bold investment strategy: purchasing $21 million worth of Bitcoin and planning to allocate 90% of its cash reserves to the cryptocurrency. This move sent shockwaves through the market, resulting in a stock price surge of over 40%...
Blockchain 2024-12-27 09:10:48 -
Bitcoin Market at a Crossroads: Massive Options Expiration, Binance Reserve Plunge, and MicroStrategy's Continued Buying Spree
Bitcoin Market at a Crossroads: Massive Options Expiration, Binance Reserve Plunge, and MicroStrategy's Continued Buying SpreeThe Bitcoin market is facing a critical juncture as 2024 draws to a close. A massive options expiration today, coupled with a sharp drop in Binance's Bitcoin reserves and a recent price correction, creates a complex and uncertain market landscape...
Blockchain 2024-12-27 09:04:58 -
Wall Street's Embrace of Cryptocurrency: From Derision to Frenzied Investment
Wall Street's Embrace of Cryptocurrency: From Derision to Frenzied InvestmentOnce the laughingstock of Wall Street's top brass, a fringe element in the public investment eye, and a concern for Washington policymakers, by 2024, the narrative surrounding cryptocurrency has undergone a dramatic shift. Digital assets like Bitcoin are now owned and traded by average Americans much like stocks, and are lauded as savvy investments by some of Wall Streets biggest players...
Blockchain 2024-12-27 08:32:53 -
Donald Trump's vow to ensure all remaining Bitcoin is "Made in America" faces an uphill battle
Donald Trump's vow to ensure all remaining Bitcoin is "Made in America" faces an uphill battleAs Donald Trump prepares to fulfill a long list of campaign promises, his pledge to ensure all remaining Bitcoin is "Made in America" may prove to be one of his most challenging. The commitment was announced on his TruthSocial account following a June meeting at Mar-a-Lago with executives from a group of crypto mining companies...
Blockchain 2024-12-27 08:31:35
