-
Bitcoin Spot ETF Attracts a Flood of Money: $354 Million Net Inflow in a Single Day, Fueled by the "Trump Effect"
Bitcoin Spot ETF Attracts a Flood of Money: $354 Million Net Inflow in a Single Day, Fueled by the "Trump Effect"Recent data reveals that on December 2nd, Bitcoin spot ETFs experienced a total net inflow of $354 million, bringing their total net asset value to $103.91 billion
-
S&P 500 to Breach 6300 by Year-End? Tom Lee's Bullish Prediction and Analysis
S&P 500 to Breach 6300 by Year-End? Tom Lee's Bullish Prediction and AnalysisTom Lee, former chief equity strategist at JPMorgan and current CIO of Fundstrat Global Advisors, made a bold prediction on Monday: he expects the S&P 500 to reach 6300 by the end of the year. This optimistic forecast is based on his observation of favorable market conditions and historical patterns, which he believes indicate continued strength in the stock market through December
-
Bitcoin Surges Near $100,000: A Bull Market Feast Fueled by ETFs and Institutional Adoption?
Bitcoin Surges Near $100,000: A Bull Market Feast Fueled by ETFs and Institutional Adoption?Bitcoin's price has recently skyrocketed, consecutively breaking through key resistance levels at $97,000 and $98,000, ultimately hitting a new all-time high of nearly $99,000, just shy of the $100,000 mark. This dramatic upswing has not only garnered significant market attention but also resulted in massive liquidations
-
Ethereum Price Outlook After Monthly Breakout: $3800 by End of 2023, $4800 in 2025?
Ethereum Price Outlook After Monthly Breakout: $3800 by End of 2023, $4800 in 2025?After reaching an all-time high of $4093 in early April 2023, Ethereum (ETH) experienced a significant correction, bottoming out near $2100 a near 50% decline. This contrasted sharply with Bitcoin (BTC), which corrected from $73,700 to around $49,000, a roughly 30% drop
-
Is Ethereum's correction a buying opportunity? Don't be fooled by the "Ethereum is trash" lie!
Is Ethereum's correction a buying opportunity? Don't be fooled by the "Ethereum is trash" lie!Recently, a picture has been circulating on social media, with some people using it to claim Ethereum is "trash" and devalue its worth, arguing that its price performance is weaker than Bitcoin's. The picture shows a comparison of Bitcoin and Ethereum prices at different points in time, with Bitcoin repeatedly breaking through $70,000 while Ethereum consistently declines, attempting to prove Ethereum's weakness
-
Cryptocurrency Leverage Trading: A Risk Amplifier or a Shortcut to the Abyss?
Cryptocurrency Leverage Trading: A Risk Amplifier or a Shortcut to the Abyss?In the tempting world of cryptocurrency, leverage trading is a double-edged sword, attracting countless fortune dreamers but also hiding unpredictable risks. For most people, leverage trading is not a shortcut to financial freedom, but a trap leading to the abyss
-
CleanSpark Stock Rallies for Fourth Straight Day, Fueled by Cryptocurrency Market Rebound
CleanSpark Stock Rallies for Fourth Straight Day, Fueled by Cryptocurrency Market ReboundCleanSpark (CLSK.US) surged more than 7% intraday on Wednesday, extending its winning streak to four days with a cumulative gain of 36%
-
Capital Flight Triggered by China's Economic Stimulus: Will Bitcoin Be Abandoned?
Capital Flight Triggered by China's Economic Stimulus: Will Bitcoin Be Abandoned?China's recent economic stimulus package, designed to revitalize its sluggish economy, has unexpectedly triggered a capital shift from the cryptocurrency market, particularly Bitcoin, to the Chinese stock market. The Shanghai Composite Index and the Hang Seng China Enterprises Index have surged on the back of the stimulus, while Bitcoin prices have seen a notable decline
-
Crypto-related stocks surge, led by MicroStrategy's 6% gain
Crypto-related stocks surge, led by MicroStrategy's 6% gainCryptocurrency-related stocks rallied on Friday. As of press time, MicroStrategy (MSTR
-
Bitcoin Poised for Historic September Surge, Fueled by Global Rate Cuts
Bitcoin Poised for Historic September Surge, Fueled by Global Rate CutsBitcoin is on track for one of its largest September gains ever, driven by a global wave of interest rate cuts, particularly the US's aggressive shift towards looser monetary policy. The largest digital asset has already surged over 10% this month
-
Fed Cuts Rates by 50 Basis Points, Crypto Market Rallies in Response
Fed Cuts Rates by 50 Basis Points, Crypto Market Rallies in ResponseOn September 18, Federal Reserve Chair Jerome Powell addressed reporters in Washington. The Fed announced a 50 basis point reduction in its benchmark interest rate range, bringing it to 4
-
Bitcoin Rollercoaster: Market Euphoria and Lamentations Triggered by Fed Rate Cut
Bitcoin Rollercoaster: Market Euphoria and Lamentations Triggered by Fed Rate CutBitcoin, once a quiet code, has become a hot topic among global investors. Like a wild horse, it gallops through financial markets, soaring to new heights at times, plummeting to new lows at other times, leaving everyone baffled