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Christmas Holiday: Global Markets Closed, Dollar and Bitcoin Decline, Gold Steady
Christmas Holiday: Global Markets Closed, Dollar and Bitcoin Decline, Gold SteadyThe Christmas holiday brought a widespread closure of global financial markets. US stock and bond markets were closed, along with partial suspensions of trading on major commodity exchanges like the CME and ICE...
Blockchain 2024-12-25 18:02:46 -
Is Bitcoin Approaching the Peak of Its Current Cycle? A Deep Dive into the 2025 Cryptocurrency Market Outlook
Is Bitcoin Approaching the Peak of Its Current Cycle? A Deep Dive into the 2025 Cryptocurrency Market OutlookBitcoin's future trajectory has sparked widespread interest following its volatile performance after briefly surpassing the $100,000 mark earlier this month. On December 24th, MarketWatch reported that analysts at crypto research firm K33 predict that, if history repeats itself, Bitcoin could reach a new all-time high in mid-January 2025 before peaking...
Blockchain 2024-12-25 16:49:22 -
President Trump's Inaugural Day Could See Crypto Executive Order, Pushing Bitcoin Mainstream
President Trump's Inaugural Day Could See Crypto Executive Order, Pushing Bitcoin MainstreamIndustry officials reveal that the cryptocurrency industry is actively pushing for President-elect Trump to launch his promised cryptocurrency policy reforms upon his inauguration next month, issuing an executive order to propel token mainstream adoption. Reuters reported this month that Trump plans to release a series of executive orders and directives across various sectors, from immigration to energy, on his first day in office, January 20th...
Blockchain 2024-12-25 15:27:11 -
Bitcoin Plunges Below $94,000, 50-Day Moving Average Becomes Key Support Level
Bitcoin Plunges Below $94,000, 50-Day Moving Average Becomes Key Support LevelBitcoin is showing signs of weakness as a record-breaking year draws to a close. Bloomberg reported that the price of Bitcoin fell below $94,000 per coin on Tuesday, a drop of approximately $14,000 from its all-time high of $94,000 reached on December 17th...
Blockchain 2024-12-25 11:17:21 -
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 -
Honor and Nezha Collaborate to Launch the 2025 Honor Magic Tech New Year Festival, Celebrating Challenge and Breakthrough
Honor and Nezha Collaborate to Launch the 2025 Honor Magic Tech New Year Festival, Celebrating Challenge and BreakthroughOn December 23rd, Honor held the Honor Magic7 RSR Porsche Design and Imaging Technology launch event. This event not only showcased the highly anticipated Honor Magic7 RSR Porsche Design phone and Honor's innovative imaging technology, but also announced an official partnership with the film Ne Zha, launching the 2025 Honor Magic Tech New Year Festival...
Mobile Internet 2024-12-25 10:25:13 -
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 -
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
