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2024 Cryptocurrency Market Recap: Halving, ETF Approval, and the Trump Effect Fuel a Bull Run
2024 Cryptocurrency Market Recap: Halving, ETF Approval, and the Trump Effect Fuel a Bull Run2024 witnessed an extraordinary year for the cryptocurrency market, experiencing a remarkable surge in total market capitalization driven by a confluence of factors. The Bitcoin halving, the approval of spot Bitcoin and Ethereum ETFs in the US, and the election victory of Donald Trump all contributed to a significant bull market...
Blockchain 2025-01-01 06:59:19 -
San Francisco Fed President Daly: Cryptocurrencies Are a Separate Asset Class, Not 'Digital Gold'
San Francisco Fed President Daly: Cryptocurrencies Are a Separate Asset Class, Not 'Digital Gold'Mary Daly, president of the Federal Reserve Bank of San Francisco, recently stated unequivocally that cryptocurrencies should be viewed as a distinct asset class, not as an equivalent to gold as many believe. She emphasized that simply equating cryptocurrencies with gold is a misunderstanding requiring more nuanced interpretation...
Blockchain 2024-12-31 08:22:29 -
Trump's Cryptocurrency Promises: The End of a Bitcoin Bull Run and the Illusion of "Made in America" Bitcoin
Trump's Cryptocurrency Promises: The End of a Bitcoin Bull Run and the Illusion of "Made in America" BitcoinPresident-elect Trump's expressed support for cryptocurrencies during his campaign initially triggered a surge in prices for Bitcoin and other digital assets, culminating in an all-time high on December 17th. However, this market sentiment-driven rally quickly reversed, with Bitcoin experiencing a significant price correction and poised for its first monthly decline in four months...
Blockchain 2024-12-30 15:29:46 -
Bitcoin Wins with Trump: The Dawn of the Crypto Era?
Bitcoin Wins with Trump: The Dawn of the Crypto Era?In 2024, Bitcoin experienced its second golden year, appreciating by a cumulative 120% and nearing a price of $100,000. This astonishing surge made it the world's highest-returning financial asset, significantly outperforming the US tech index (up 30%), the German stock market (up 18%), and the Spanish stock market (up 13%)...
Blockchain 2024-12-28 23:21:17 -
EU Mandates USB Type-C: A Decade of Development and Future Implications In-Depth Analysis
EU Mandates USB Type-C: A Decade of Development and Future Implications In-Depth AnalysisOn December 28, 2024, the EU's 2022/2380 Common Charger Directive officially came into effect, mandating the use of USB Type-C charging ports for specified electronic devices sold in EU member states. This means products like the Apple iPhone 14 series and iPhone SE 3, which still use Lightning ports, have been officially removed from the EU market...
Mobile Internet 2024-12-28 20:31:25 -
The Cryptocurrency Market Experiences Wild Swings: Over 100,000 Liquidations, $287 Million Lost
The Cryptocurrency Market Experiences Wild Swings: Over 100,000 Liquidations, $287 Million LostThe cryptocurrency market recently experienced intense volatility, with Bitcoin prices fluctuating wildly, triggering market panic and widespread liquidations. In the early hours of the day, Bitcoin briefly surged past $99,900, only to plummet below $96,000 later...
Blockchain 2024-12-27 15:09:30 -
South Korea's Crypto Investment Boom Reignited: A Double-Edged Sword of the Trump Effect and "Kimchi Premium"
South Korea's Crypto Investment Boom Reignited: A Double-Edged Sword of the Trump Effect and "Kimchi Premium"South Korea is experiencing a resurgence in cryptocurrency investment, driven not solely by market fluctuations, but significantly by US President Trump's election rhetoric and the unique "Kimchi Premium" phenomenon. According to the Bank of Korea, as of November 2023, over 15...
Blockchain 2024-12-27 14:55:44 -
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 -
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 -
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 -
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
