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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 -
MicroStrategy Issues Stock to Buy More Bitcoin, but Crypto Market Still Falls
MicroStrategy Issues Stock to Buy More Bitcoin, but Crypto Market Still FallsDespite business intelligence firm MicroStrategy Inc.'s plan to issue stock to expand its Bitcoin holdings, the price of Bitcoin still fell on Thursday...
Blockchain 2024-12-27 08:31:10 -
Cryptocurrency Futures and Stocks Tumble in New York Trading
Cryptocurrency Futures and Stocks Tumble in New York TradingThe cryptocurrency market experienced a downturn in New York trading on Thursday. CME Bitcoin futures (BTC) closed at $95,705...
Blockchain 2024-12-27 07:25:41 -
US Economic Data and Global Market Volatility: Post-Christmas Market Review
US Economic Data and Global Market Volatility: Post-Christmas Market ReviewUS economic data painted a mixed picture last week. On the one hand, initial jobless claims came in at 219,000, below expectations, suggesting a resilient labor market...
Blockchain 2024-12-27 07:11:55 -
Trump's "Made in America" Bitcoin Pledge: An Impossible Mission?
Trump's "Made in America" Bitcoin Pledge: An Impossible Mission?During his campaign, then-presidential candidate Donald Trump made a series of promises, one of the most attention-grabbing and controversial being his pledge to ensure all remaining Bitcoin mining is "Made in America." However, achieving this is arguably an impossible task...
Blockchain 2024-12-27 04:48:55 -
KULR Technology Group Defies Crypto Market Dip: Bitcoin Investment Strategy Sparks New Trend
KULR Technology Group Defies Crypto Market Dip: Bitcoin Investment Strategy Sparks New TrendOn Thursday, the cryptocurrency market experienced significant volatility, with Bitcoin briefly dipping below $95,000, triggering a widespread decline in crypto-related stocks. However, amidst the downturn, energy management company KULR Technology Group bucked the trend, surging over 40% at one point, nearing its July 23, 2018, IPO peak of $5...
Blockchain 2024-12-27 00:20:28