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Bitcoin Surges Past $100,000, Triggering Liquidations for Nearly 200,000: Unpacking the Crypto Market's Wild Volatility
Bitcoin Surges Past $100,000, Triggering Liquidations for Nearly 200,000: Unpacking the Crypto Market's Wild VolatilityOn December 5th, Bitcoin reached a new all-time high, surpassing the $100,000 mark to trade at $101,880.2, a 6...
Blockchain 2024-12-05 12:01:22 -
Bitcoin's surge ignites US stock market's cryptocurrency sector
Bitcoin's surge ignites US stock market's cryptocurrency sectorOn December 5th, Bitcoin's continued upward trajectory fueled a strong overnight rally in US cryptocurrency-related stocks. Multiple companies saw significant price increases, reflecting the market's optimistic outlook on the continued growth of the cryptocurrency sector...
Blockchain 2024-12-05 11:44:59 -
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 -
Ping An Insurance (China) Files Patent for AI-Powered Drunk Driving Fraud Detection
Ping An Insurance (China) Files Patent for AI-Powered Drunk Driving Fraud DetectionOn December 5, 2024, the State Intellectual Property Office of China revealed that Ping An Property Insurance Company of China Ltd. filed a patent application for a "Method, Apparatus, and Device for Identifying Drunk Driving Fraud Based on Artificial Intelligence," with publication number CN119067684A and an application date of August 2024...
Blockchain 2024-12-05 10:58:21 -
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
