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Trump's New Commerce Secretary Lutnick Pushes Crypto Adoption: $2 Billion Bitcoin-Backed Loan Program Emerges
Trump's New Commerce Secretary Lutnick Pushes Crypto Adoption: $2 Billion Bitcoin-Backed Loan Program EmergesHoward Lutnick, Trump's appointee as the new US Secretary of Commerce, and his financial services firm Cantor Fitzgerald are actively promoting cryptocurrency adoption. They've partnered with stablecoin issuer Tether to launch a massive Bitcoin-backed loan program, a move garnering significant market attention and signaling strong support for the crypto sector from the new administration...
Blockchain 2024-11-25 14:08:21 -
Shangguan Data Daily: November 21, 2024 - A Quick Look at China's Economic and Market Data
Shangguan Data Daily: November 21, 2024 - A Quick Look at China's Economic and Market DataMacroeconomy and PoliciesContinued Growth in Foreign Investment: From January to October 2024, China's non-financial direct investment abroad reached US$115.83 billion, a year-on-year increase of 10...
Blockchain 2024-11-22 07:52:55 -
SEC Chairman Gary Gensler's Departure in January Could Usher in a Shift in Cryptocurrency Policy
SEC Chairman Gary Gensler's Departure in January Could Usher in a Shift in Cryptocurrency PolicyOn Thursday, November 21st, 2023, U.S...
Blockchain 2024-11-22 04:49:29 -
PayPal's Global Service Disruption Affects Thousands for Nearly Two Hours
PayPal's Global Service Disruption Affects Thousands for Nearly Two HoursOn November 21, 2023, PayPal announced a near two-hour global service disruption affecting thousands of users. The outage impacted multiple core services, including account withdrawals, the peer-to-peer payment service Venmo, online checkout, and notably, cryptocurrency-related services...
Blockchain 2024-11-21 22:36:59 -
Meitu's Cryptocurrency Gamble: Massive Profits and Risks from Bitcoin and Ethereum's Surge
Meitu's Cryptocurrency Gamble: Massive Profits and Risks from Bitcoin and Ethereum's SurgeMeitu (01357) reaped massive profits from its bold 2021 investment in Bitcoin and Ethereum, capitalizing on the recent surge in the cryptocurrency market. Bitcoin's price breakthrough of $98,000 and Ethereum's climb to $3136 directly boosted the value of Meitu's holdings, resulting in a near 90% profit...
Blockchain 2024-11-21 22:07:46 -
Bitcoin's Wild Ride: A Deep Dive into Canaan's Q3 Earnings and Future Outlook
Bitcoin's Wild Ride: A Deep Dive into Canaan's Q3 Earnings and Future OutlookBitcoin's recent price surge to record highs has captured widespread market attention, once again thrusting the Bitcoin industry chain into the spotlight. How are mining equipment manufacturers, who have been deeply involved in this field for years, currently performing? This article will use Canaan Inc...
Blockchain 2024-11-21 22:06:30 -
MicroStrategy's BTC Return: A High-Stakes Bitcoin Bet
MicroStrategy's BTC Return: A High-Stakes Bitcoin BetBitcoin, after its recent surge, is once again a market focus, bringing with it a novel concept: "BTC Return." MicroStrategy pioneered this term in August, sparking considerable industry attention and debate...
Blockchain 2024-11-21 22:03:37 -
Bitcoin Surges Past $98,000, Nearing the $100,000 Mark
Bitcoin Surges Past $98,000, Nearing the $100,000 MarkOn the evening of November 21st, Bitcoin's price decisively broke through the $98,000 barrier, surging 5.4% for the day and nearing the psychologically significant $100,000 mark...
Blockchain 2024-11-21 21:36:54 -
Bitcoin Hits New All-Time High, Surpassing $98,000!
Bitcoin Hits New All-Time High, Surpassing $98,000!On the evening of November 21st (Beijing time), Bitcoin's price continued its meteoric rise, repeatedly breaking new all-time highs and attracting widespread market attention. According to the Beijing Business Daily, Bitcoin successively surpassed $96,000, $97,000, and $98,000, ultimately reaching a record high of $97,834 at 8:40 PM...
Blockchain 2024-11-21 21:27:49 -
Ethereum surges past $3300!
Ethereum surges past $3300!Ethereum's price experienced a strong rally today, breaking through the $3300 mark with intraday gains exceeding 5%. This surge significantly boosted Ethereum's market capitalization and injected new vigor into the cryptocurrency market...
Blockchain 2024-11-21 20:52:42 -
Ethereum surged past $3300, with a daily increase exceeding 7%!
Ethereum surged past $3300, with a daily increase exceeding 7%!The cryptocurrency market experienced significant volatility today, with Ethereum leading the charge. Its price rapidly broke through the $3300 mark, registering a daily gain of over 7%, demonstrating strong market momentum...
Blockchain 2024-11-21 20:41:26 -
MicroStrategy's Bitcoin Holdings Realize Record-Breaking $16 Billion+ Unrealized Profit
MicroStrategy's Bitcoin Holdings Realize Record-Breaking $16 Billion+ Unrealized ProfitOn November 21st, Bitcoin's price surged past $98,000, hitting a new all-time high. This surge resulted in a massive unrealized profit for MicroStrategy, a company holding a significant Bitcoin stash...
Blockchain 2024-11-21 20:07:40