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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

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

Bitcoin's price drop sparks investor concerns: Options market hints at a significant correctionBitcoin's failure to break the $100,000 mark has fueled market anxieties. A recent price drop exceeding 8%, hitting a one-week low, has prompted investors to reassess their strategies

DOGE20: An Eco-Friendly Upgrade to the Dogecoin Family, Sparking a New Meme Coin Craze?DOGE20, the newest member of the Dogecoin family, has made waves since its launch on Uniswap on April 18th. Within just two weeks, its presale subscription reached over $10 million, capturing the attention of numerous traders

BlackRock Bitcoin Fund Sees Record Inflows on Single Day, 'Trump Trade' Sparks Market Interest?On Wednesday, BlackRock's iSharesBitcoinTrust exchange-traded fund (ETF) saw a record high net cash inflow, with approximately $872 million pouring in. This staggering figure places the fund, which was established only nine months ago, among the top ETFs globally in terms of subscription volume for 2024

October's Bullish Surge: BTC Rises Over 14%, Whales Continue Accumulation, MrBeast Controversy Sparks AttentionOctober witnessed a robust bull run in the crypto market. Bitcoin (BTC) soared by a remarkable 14

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%

Bitcoin and gold surge on safe-haven demand: Stock market volatility and rate cut expectations spark market risk aversionBitcoin (BTC) and gold prices saw an upward trend in early trading on Wednesday, fueled by recent stock market volatility, uncertainty over the rate cut outlook, and ongoing geopolitical tensions. Traders opted for safe-haven strategies to safeguard their assets, leading to increased demand for haven assets

Fed Minutes Spark Market Volatility, Bitcoin and Gold Dip While Stocks RiseOn Wednesday, October 10th, the stock market exhibited strong performance, while Bitcoin (BTC) and gold, assets commonly considered "safe havens," experienced declines. This phenomenon was attributed to the release of the Federal Reserve's September meeting minutes, which revealed internal discrepancies in the central bank's stance on the magnitude of upcoming interest rate cuts

Trump's Words Spark Another Financial Storm: Gold and Bitcoin Plunge, What Lies Ahead for the Market?As global markets seemed to be stabilizing, Trump's "golden words" once again ignited the financial world. His comments not only caused a sharp drop in gold prices but also pushed Bitcoin to the brink of breaking the $63,000 mark, sending the market into a state of panic

Bitcoin Could Be the "Trump Trade": Former President's Return to the White House May Spark Crypto Bull RunHolding Bitcoin could be the latest example of a "Trump trade," potentially yielding massive returns if the former US President returns to the White House. A Bernstein analyst noted in a report on Monday that Trump's recent enthusiasm for the cryptocurrency industry suggests a potential Trump administration would be more favorable toward digital assets compared to the Harris administration

Bitcoin's price decline sparks market concern, risk assets fall across the boardBitcoin recently hit a one-month low, fueling market anxieties and leading to a widespread decline in global risk assets. The cryptocurrency plunged over 4% at one point before recovering slightly