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Bitcoin at $100,000: The Trump Effect and Market Risks
Bitcoin at $100,000: The Trump Effect and Market RisksOn the morning of November 22nd, Bitcoin reached a new all-time high, briefly touching $99,300, just a stone's throw from the coveted $100,000 mark. This surge is driven by a complex interplay of market factors and policy expectations...
Blockchain 2024-11-25 14:20:52 -
MicroStrategy's Bitcoin Gamble: The High-Risk, High-Reward (and Questionable) $500 Million Daily Profit
MicroStrategy's Bitcoin Gamble: The High-Risk, High-Reward (and Questionable) $500 Million Daily ProfitMicroStrategy, the world's largest corporate holder of Bitcoin, has once again become a market focal point due to its astonishing profitability. Michael Saylor, the company's co-founder and executive chairman, recently revealed that, with Bitcoin's price nearing $100,000, MicroStrategy is generating daily profits as high as $500 million...
Blockchain 2024-11-25 14:19:15 -
MicroStrategy (MSTR) Ignites Bitcoin Frenzy: Single-Day Trading Volume Surpasses All US Bitcoin ETFs, Stock Price Soars and Plummets
MicroStrategy (MSTR) Ignites Bitcoin Frenzy: Single-Day Trading Volume Surpasses All US Bitcoin ETFs, Stock Price Soars and PlummetsMicroStrategy (MSTR), known for its significant Bitcoin holdings, recently experienced a spectacular surge amid a "Bitcoin frenzy." On Thursday, November 21st, MSTR's trading volume astonishingly surpassed the combined volume of all US spot Bitcoin ETFs, dominating a large portion of the day's US stock market trading...
Blockchain 2024-11-25 14:16:51 -
Bitcoin Price Surges Past $99,500, Igniting Global Market
Bitcoin Price Surges Past $99,500, Igniting Global MarketBitcoin's price recently experienced a dramatic surge, breaking through the $99,500 mark on November 23rd to reach an all-time high before retracting slightly to $98,200. This remarkable climb represents a month-over-month increase of over 38% from its November 1st price of $71,000 and a staggering year-over-year gain of more than 139% from its January price of $41,000...
Blockchain 2024-11-25 14:14:10 -
Bitcoin Price Soars to All-Time High: The Trump Effect and the Pros and Cons of a Strategic Reserve Plan
Bitcoin Price Soars to All-Time High: The Trump Effect and the Pros and Cons of a Strategic Reserve PlanBitcoin reached an all-time high on November 22nd, nearing the $100,000 mark. This surge is largely attributed to market expectations of more lenient cryptocurrency regulation under a second Trump presidency...
Blockchain 2024-11-25 14:10:52 -
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 -
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 -
Huawei's upcoming Mate70 series, MateX6 foldable phone, and WATCH D2 smartwatch have sparked massive pre-order frenzy and intense discussion!
Huawei's upcoming Mate70 series, MateX6 foldable phone, and WATCH D2 smartwatch have sparked massive pre-order frenzy and intense discussion!Pre-orders for Huawei's soon-to-be-released Mate70 series, MateX6 foldable phone, and WATCH D2 smartwatch opened recently, generating enormous buzz. Despite cold, snowy weather in many parts of the country, numerous consumers braved the elements to queue at Huawei's offline stores for pre-orders, a testament to their enthusiasm...
Mobile Internet 2024-11-21 20:22:39