-
Bitcoin's surge fuels a rally in US crypto stocks
Bitcoin's surge fuels a rally in US crypto stocksOn December 5th, Bitcoin's continued price climb ignited a collective surge in US cryptocurrency stocks during the after-hours trading session. Data shows MicroStrategy leading the charge with a price increase exceeding 10%...
Blockchain 2024-12-05 11:42:55 -
Bitcoin Surges Past $100,000, Fueling Crypto Market Rebound!
Bitcoin Surges Past $100,000, Fueling Crypto Market Rebound!The cryptocurrency market experienced a strong rebound today, with Bitcoin's price breaking through $102,000 per coin, marking a 3.46% intraday surge...
Blockchain 2024-12-05 11:24:08 -
Bitcoin Breaks $100,000 Barrier! Trump Effect Fuels Crypto Market to New Highs
Bitcoin Breaks $100,000 Barrier! Trump Effect Fuels Crypto Market to New HighsBitcoin surged past the $100,000 mark for the first time on Thursday, a milestone that has sparked widespread market attention regarding the future of cryptocurrency and further solidified its position as a leading digital asset. This surge is inextricably linked to market expectations of a potentially favorable regulatory environment under the Trump administration...
Blockchain 2024-12-05 11:07:26 -
MicroStrategy: A High-Stakes Gamble on Bitcoin Fueled by High-Priced Stock Offerings
MicroStrategy: A High-Stakes Gamble on Bitcoin Fueled by High-Priced Stock OfferingsMicroStrategy (MSTR.US), one of the world's largest corporate holders of Bitcoin, is aggressively expanding its Bitcoin reserves at an astonishing pace...
Blockchain 2024-12-05 10:52:26 -
Tencent Applies for Blockchain-Based Data Processing Patent to Enhance Cross-Chain Efficiency and Security
Tencent Applies for Blockchain-Based Data Processing Patent to Enhance Cross-Chain Efficiency and SecurityOn December 5, 2024, the State Intellectual Property Office of China revealed that Tencent Technology (Shenzhen) Co., Ltd...
Blockchain 2024-12-05 10:46:10 -
Cryptocurrency trading volume surges past $10 trillion, hitting an all-time high: Market fervor fueled by new US administration policies
Cryptocurrency trading volume surges past $10 trillion, hitting an all-time high: Market fervor fueled by new US administration policiesIn November 2024, cryptocurrency market trading volume eclipsed the $10 trillion mark for the first time, reaching an unprecedented high. This staggering figure signifies a new phase of development for the cryptocurrency market...
Blockchain 2024-12-05 10:40:48 -
Calamos Advisors' Secret Bet on MicroStrategy: $130 Million Convertible Notes Fuel Bitcoin Strategy
Calamos Advisors' Secret Bet on MicroStrategy: $130 Million Convertible Notes Fuel Bitcoin StrategyA Bloomberg report revealed a little-known investment maneuver: Eli Pars, co-chief investment officer at Calamos Advisors LLC, was among the buyers of over $6 billion in convertible notes issued by MicroStrategy this year. This massive fundraising round was crucial to MicroStrategy's ongoing expansion of its Bitcoin reserves...
Blockchain 2024-12-05 10:39:55 -
Trump's Nomination of Atkins as SEC Chair: Potential Implications for Cryptocurrency Markets and Financial Regulation
Trump's Nomination of Atkins as SEC Chair: Potential Implications for Cryptocurrency Markets and Financial RegulationOn December 5th, President-elect Trump nominated conservative lawyer Paul Atkins to chair the U.S...
Blockchain 2024-12-05 10:12:23 -
Federal Reserve Chair Powell: Bitcoin's Competitor is Gold, Not the Dollar; Crypto Market Sees Wild Swings, Over 160,000 Liquidations
Federal Reserve Chair Powell: Bitcoin's Competitor is Gold, Not the Dollar; Crypto Market Sees Wild Swings, Over 160,000 LiquidationsAnother Hong Kong-listed company, BOYA Interactive (HK00434), also drew attention due to its cryptocurrency holdings. On November 12th, the company announced that, as of the announcement date, it held 2,641 Bitcoins at a total cost of approximately $143 million (average cost of approximately $54,000 per coin) and 15,400 Ethereums at a total cost of approximately $42...
Blockchain 2024-12-05 09:51:58 -
Putin's Bitcoin Endorsement: Russia's Strategic Shift Towards Crypto
Putin's Bitcoin Endorsement: Russia's Strategic Shift Towards CryptoRussian President Vladimir Putin's recent public endorsement of cryptocurrencies, particularly Bitcoin, marks a strategic shift in Russia's response to Western sanctions and its pursuit of economic independence. He questioned the necessity of holding massive foreign exchange reserves, suggesting crypto assets like Bitcoin could be a more reliable alternative...
Blockchain 2024-12-05 08:56:41 -
MicroStrategy: High-priced Stock Issuance Fuels Continued Bitcoin Bet
MicroStrategy: High-priced Stock Issuance Fuels Continued Bitcoin BetMicroStrategy (MSTR.US), one of the world's largest corporate holders of Bitcoin, is raising capital through large-scale stock issuances to further expand its Bitcoin reserves...
Blockchain 2024-12-05 06:49:16 -
Bitcoin Breaks $99,000 After Trump Nominates Pro-Crypto SEC Chair
Bitcoin Breaks $99,000 After Trump Nominates Pro-Crypto SEC ChairBitcoin surged past the $99,000 mark on December 5th, experiencing a 3.4% intraday gain...
Blockchain 2024-12-05 05:03:44
