Virtual currency

US Stocks Mixed as S&P 500 and Nasdaq Hit New Closing Highs, Fed Rate Cut Expectations and Economic Data Spark Market DivergenceUS stocks closed mixed on December 6th. Wind data showed the Dow Jones Industrial Average fell 0

US Stocks Mixed as Nonfarm Payrolls Report Shakes Markets: Tesla Soars, Fed Rate Cut Bets Rise, but Inflation Concerns LingerUS stock markets closed mixed on December 6th. The Dow Jones Industrial Average fell 0

Bitcoin's Meteoric Rise: Risks and Games in the American Financial EcosystemBitcoin's recent surge past $100,000 has garnered significant attention in global capital markets. This "meteoric rise" is intricately linked to the US political cycle, regulatory policies, and capital games, reflecting deeper issues of the US economy's shift away from the real economy towards a speculative one

Ethereum Breaks $4,000 Barrier!On December 6th, Ethereum's price surged past the $4,000 mark for the first time since March 14th of this year. The price saw a 2

Bitcoin Breaks $100,000 for the First Time: Trump's Crypto-Friendly SEC Chair Nominee Sparks Market FrenzyHONG KONG, December 5 (AFP) Bitcoin surged past the $100,000 mark for the first time on December 5, fueled by a market euphoria sparked by Donald Trump's decision to nominate cryptocurrency supporter Paul Atkins as chairman of the US Securities and Exchange Commission (SEC). The appointment ignited optimism that the incoming administration will ease regulations on the crypto industry, triggering a sharp price rally

Ethereum Price Soars: Trump Effect, ETF Inflows, and Institutional Favor Drive SurgeEthereum's price is experiencing a significant rally, with investors betting it will surpass its all-time high from three years ago, fueled by the momentum of Bitcoin breaking the $100,000 mark. This surge is driven by a confluence of factors, including the outcome of the US presidential election, record inflows into Ethereum exchange-traded funds (ETFs), and a shift in institutional investor preferences

Bitcoin Price Surges Past $100,000 After Trump's Crypto-Supportive NominationThe cryptocurrency market experienced a dramatic surge after Donald Trump announced the nomination of pro-cryptocurrency advocate Paul Atkins as chairman of the Securities and Exchange Commission (SEC). Bitcoin's price powerfully broke through the $100,000 mark, setting a new all-time high

Global Financial News Roundup: December 5th, 2024December 5th saw significant developments in global financial markets. From Temu's setbacks in Vietnam to Huawei's impressive Mate70 pre-orders and a heating Guangzhou real estate market, the day's events painted a complex picture of the current global economic landscape

Bitcoin's Surge Past $100,000 Fuels Increased Volatility: Analyzing Institutional Inflows and Policy ExpectationsBitcoin's price breached the $100,000 mark for the first time during Asian trading hours on November 5th, reaching a high of $103,801, followed by intense market volatility. According to OKX data, around 6:28 AM on November 6th, the price dipped to near $90,000 before rebounding sharply

Bitcoin Surges Past $100,000: Trump's Crypto Future and the Game for Dollar HegemonyOn December 5th, Bitcoin's price breached the $100,000 mark, setting a new all-time high and pushing its total market capitalization beyond $2 trillion. This propelled it to become the world's seventh-largest asset, surpassing the combined market value of numerous large publicly listed companies, including China Mobile and Bank of China

Bitcoin's Flash Crash: $90,000 Level Under Pressure, Liquidation Wave Sweeps Crypto MarketOn December 6th, Bitcoin experienced a flash crash, briefly dipping below the $90,000 mark, hitting a low of approximately $90,000. As of 7:21 AM, it was trading at $97,023

Global Financial Markets Experience Sharp Volatility: Bitcoin Flash Crash Triggers Liquidations, Tech Stocks Diverge, and Non-Farm Payroll Data Takes Center StageThursday, December 5, 2023, saw complex and volatile conditions across global financial markets. All three major US stock indices closed lower: the Dow Jones Industrial Average fell 0