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Bitcoin Plunges Nearly 2% in a Single Day, Over 210,000 Liquidations Wipe Out $1 Billion
Bitcoin Plunges Nearly 2% in a Single Day, Over 210,000 Liquidations Wipe Out $1 BillionOn December 6th, the cryptocurrency market experienced a significant shock as Bitcoin prices plummeted, briefly falling below the $90,000 mark and triggering widespread panic. As of 7:21 AM, Bitcoin was trading at $97,023...
Blockchain 2024-12-06 09:25:05 -
Global Financial Markets Experience Tumultuous Day: Bitcoin Plunge, Liquidations, and Macroeconomic Headwinds
Global Financial Markets Experience Tumultuous Day: Bitcoin Plunge, Liquidations, and Macroeconomic HeadwindsThursday, December 5th, saw a complex and volatile landscape across global financial markets. US equity indices closed lower, with the Dow Jones Industrial Average down 0...
Blockchain 2024-12-06 08:50:29 -
Lawrence Summers Slams Trump Administration's Bitcoin Reserve Plan and Predicts Political Hurdles for Musk's Spending Cuts
Lawrence Summers Slams Trump Administration's Bitcoin Reserve Plan and Predicts Political Hurdles for Musk's Spending CutsFormer US Treasury Secretary Lawrence Summers has vehemently opposed the incoming Trump administration's proposed plan to establish a bitcoin asset reserve, warning that billionaire Elon Musk's target of slashing $2 trillion in federal spending will face immense political resistance. In a recent television appearance, Summers unequivocally labeled the idea of a national bitcoin reserve as "insane," arguing there's no justification for it unless it's to appease generous political donors...
Blockchain 2024-12-06 08:38:22 -
Larry Summers Slams Bitcoin National Reserve Plan as "Insane" and Unjustified, Highlights Political Challenges of US Fiscal Austerity
Larry Summers Slams Bitcoin National Reserve Plan as "Insane" and Unjustified, Highlights Political Challenges of US Fiscal AusterityRenowned economist and former US Treasury Secretary Larry Summers has issued another stark warning, calling plans to include Bitcoin in a national reserve "utterly insane" and lacking any justification. While acknowledging that current cryptocurrency regulation may be overly stringent, Summers also expressed deep concern in a Bloomberg interview about the political challenges facing US government spending cuts...
Blockchain 2024-12-06 08:37:08 -
Major AI Developments: OpenAI Unveils o1 and ChatGPT Pro, Sparking Intense Competition
Major AI Developments: OpenAI Unveils o1 and ChatGPT Pro, Sparking Intense CompetitionDecember 5th saw a flurry of significant announcements in the artificial intelligence landscape. OpenAI released its highly anticipated "full-powered" reasoning model, o1, alongside ChatGPT Pro, a subscription service for professional users...
Blockchain 2024-12-06 08:30:02 -
Major US Indices Close Lower, Bitcoin Plunges: A Deep Dive into Market Volatility and Future Outlook
Major US Indices Close Lower, Bitcoin Plunges: A Deep Dive into Market Volatility and Future OutlookOvernight, the three major US stock indices closed lower, with the Dow Jones Industrial Average down 0.55%, the Nasdaq Composite down 0...
Blockchain 2024-12-06 08:26:16 -
Bitcoin Flash Crash: Plunges Below $100,000, Triggering Mass Liquidations and Expert Warnings of Corrections
Bitcoin Flash Crash: Plunges Below $100,000, Triggering Mass Liquidations and Expert Warnings of CorrectionsOn December 6th, the price of Bitcoin experienced a dramatic plunge, plummeting below the $90,000 mark, reaching a low of $90,000 before recovering slightly. As of 7:21 AM, Bitcoin was trading at $97,023...
Blockchain 2024-12-06 08:24:38 -
Global Markets Recap: December 5th, 2024 - US Stocks Dip, Bitcoin Plunge Triggers Over 200,000 Liquidations
Global Markets Recap: December 5th, 2024 - US Stocks Dip, Bitcoin Plunge Triggers Over 200,000 LiquidationsThursday, December 5th, 2024 saw a volatile day in global markets. US stocks experienced slight declines, while Bitcoin, after briefly exceeding $100,000, suffered a sharp correction, resulting in over 200,000 liquidations...
Blockchain 2024-12-06 08:12:05 -
Trump's Election Sparks Over $10 Trillion Surge in Cryptocurrency Trading Volume
Trump's Election Sparks Over $10 Trillion Surge in Cryptocurrency Trading VolumeThe cryptocurrency market experienced a significant rebound following Donald Trump's victory in the US presidential election. November saw a surge in trading volume, reaching an unprecedented $10 trillion milestone more than double the previous month's figures...
Blockchain 2024-12-06 08:07:07 -
Bitcoin Plunges Nearly 8%: Price Falls Below $90,000
Bitcoin Plunges Nearly 8%: Price Falls Below $90,000On December 6th, Bitcoin experienced a sharp and sudden price drop, plummeting below $90,000 at its lowest point. The intraday decline approached 8%...
Blockchain 2024-12-06 06:40:44 -
Bitcoin Crashes Below $98,000, Plunging in Intraday Trading!
Bitcoin Crashes Below $98,000, Plunging in Intraday Trading!Bitcoin price plunged below the $98,000 mark today, December 6th, experiencing a significant intraday drop of 3.3%...
Blockchain 2024-12-06 05:08:33 -
Xiaomi 15 Ultra Launch Delayed Until Next Year: Software Optimization Key, Hardware Nearly Complete
Xiaomi 15 Ultra Launch Delayed Until Next Year: Software Optimization Key, Hardware Nearly CompleteRecently, a prominent Chinese tech blogger, @DigitalChatStation, revealed that a certain manufacturer's phone, model "15U," will be delayed, and is unlikely to launch in January. Given previous leaks and online discussions, this "15U" phone is widely believed to be the highly anticipated Xiaomi 15 Ultra...
Mobile Internet 2024-12-06 01:09:58
