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Bitcoin's Unexpected Weakness in Late 2024: A Tug-of-War Between Technical Analysis and Macroeconomic Factors
Bitcoin's Unexpected Weakness in Late 2024: A Tug-of-War Between Technical Analysis and Macroeconomic FactorsBitcoin exhibited an unexpected slump in the final stages of 2024. On Tuesday, the price fell below $94,000 per coin, approximately $14,000 below its all-time high reached on December 17th, and broke below the crucial 50-day moving average...
Blockchain 2024-12-25 11:16:56 -
Will Bitcoin Bottom Out and Surge to $146,000 in Mid-January?
Will Bitcoin Bottom Out and Surge to $146,000 in Mid-January?Bitcoin has experienced significant volatility after breaking the $100,000 mark, briefly dipping below $93,000. This downturn was partly attributed to the Federal Reserve's indication of only two interest rate cuts next year, lower than the market's previously anticipated four...
Blockchain 2024-12-25 10:57:20 -
Trump's Re-election Ignites Cryptocurrency Market: US Returns to Center Stage, Bitcoin Soars to $100,000
Trump's Re-election Ignites Cryptocurrency Market: US Returns to Center Stage, Bitcoin Soars to $100,000With the approach of 2025 and Donald Trump's re-election as US President, the global cryptocurrency market's focus has shifted back to the United States. This event triggered a market frenzy, with global capital flooding into US cryptocurrency exchanges, propelling Bitcoin's price to a record high of $100,000...
Blockchain 2024-12-25 09:09:18 -
Bitcoin Surges to Nearly $100,000!
Bitcoin Surges to Nearly $100,000!Bitcoin's price experienced a significant surge today, reaching a high of $98,000 per coin, representing a 3.29% intraday gain...
Blockchain 2024-12-24 23:55:24 -
Bitcoin price surges past $97,000 in intraday trading!
Bitcoin price surges past $97,000 in intraday trading!Bitcoin's price continues its upward trajectory, breaching the $97,000 mark today with an intraday gain of 2.29%...
Blockchain 2024-12-24 23:03:16 -
Inner Mongolia Power Group Applies for Blockchain-Based Distributed Power Trading Patent: Enhancing Efficiency and Reducing Costs
Inner Mongolia Power Group Applies for Blockchain-Based Distributed Power Trading Patent: Enhancing Efficiency and Reducing CostsOn December 24, 2024, the State Intellectual Property Office of China revealed that Inner Mongolia Power (Group) Co., Ltd...
Blockchain 2024-12-24 20:07:15 -
You Nong Fu Jing Group Files Patent for Blockchain-Based Digital Twin Construction Method, Enhancing Data Security and Value
You Nong Fu Jing Group Files Patent for Blockchain-Based Digital Twin Construction Method, Enhancing Data Security and ValueOn December 24, 2024, the State Intellectual Property Office of China (SIPO) published a patent application filed by You Nong Fu Jing Group Co., Ltd...
Blockchain 2024-12-24 20:06:27 -
A blockchain-based omnichannel order management system patent granted, boosting supply chain efficiency
A blockchain-based omnichannel order management system patent granted, boosting supply chain efficiencyOn December 24, 2024, the State Intellectual Property Office of China announced the authorization of a patent application filed by Beijing Sixing Huiju Technology Co., Ltd...
Blockchain 2024-12-24 20:01:07 -
Honeycomb Century Files Patent for Blockchain-Based AI Model Training: Enhanced Efficiency and Adaptability Across Diverse Scenarios
Honeycomb Century Files Patent for Blockchain-Based AI Model Training: Enhanced Efficiency and Adaptability Across Diverse ScenariosOn December 24, 2024, the State Intellectual Property Office of China revealed that Beijing Honeycomb Century Technology Co., Ltd...
Blockchain 2024-12-24 19:41:24 -
Bitcoin's Circulating Supply Nears 20 Million: A Breakdown of Remaining Coins and Daily Production
Bitcoin's Circulating Supply Nears 20 Million: A Breakdown of Remaining Coins and Daily ProductionAs of December 24th, data from CloverPool shows that Bitcoin's circulating supply has reached a staggering 19,800,490.63 coins...
Blockchain 2024-12-24 19:31:48 -
Can Microstrategy's Bitcoin Bet Propel It into the S&P 500?
Can Microstrategy's Bitcoin Bet Propel It into the S&P 500?Microstrategy, a nominally software company but effectively a leveraged Bitcoin investor, recently joined the Nasdaq 100 index, sparking significant global market attention and debate. This event is significant because it means investors tracking the Nasdaq index now passively hold Bitcoin, further integrating cryptocurrency into traditional finance...
Blockchain 2024-12-24 16:44:58 -
ICBC Xiamen Branch Leverages Digital RMB to Drive SMEs' Digital Transformation
ICBC Xiamen Branch Leverages Digital RMB to Drive SMEs' Digital TransformationRecently, under the guidance of the Xiamen Municipal Bureau of Industry and Information Technology and the People's Bank of China Xiamen Branch, ICBC Xiamen Branch pioneered a province-wide initiative. It utilized a "Digital RMB + Smart Contract" approach to disburse over 3 million yuan in subsidies to 33 pilot enterprises that have completed digital transformation upgrades...
Blockchain 2024-12-24 12:48:03
