Matrixport released today's chart saying that while the surge in stablecoins slowed in the fourth quarter of 2024, the overall growth momentum continued, indicating that funds continued to flow into the crypto market. It is worth noting that, despite the impact of the European MiCA regulatory framework on USDT, the market has not seen large-scale outflows. As stablecoin inflows rise steadily, demand for bitcoin is likely to grow, further driving up prices.
Under the impact of data and Trump's policies, if Powell continues to maintain his original tone, it will be particularly "embarrassing"... Click to view...
U.S. stock index futures continued to fall on Tuesday, with Nasdaq futures down more than 0.7 percent, Tesla (TSLA. O) down 2.7 percent after hours, and Apple (AAPL. O) and NVIDIA (NVDA. O) both down more than 1 percent.
Gold continued to rally on Tuesday to test key resistance, but is it "half-time champagne" to start cheering now?
Tesla continued to decline, expanding its losses to 8% at $303.5.
Federal Reserve Chairperson Jerome Powell said recent indicators suggest economic activity continues to expand at a solid pace. GDP grew 2.5% in 2024, buoyed by consumer spending elasticity. Investment in equipment and intangible assets appeared to decline in the fourth quarter, but overall performance was solid throughout the year. Activity in the real estate sector appears to have stabilized after a weak mid-year last year. In...
Trump's tariff policy has made waves again, and his policy may continue to boost inflation expectations, and the Federal Reserve's interest rate cutting space may continue to be restricted; the trend of the US index is more volatile than directional, and the catalyst for the significant reversal of the dollar does not exist for the time being.
Gold continues to climb and the momentum is not diminished. Analysts believe that the price of gold has not yet entered the extremely overbought area. As long as it does not close below this level, it will continue to rise. It is easy to reach $3,000 in the current environment.
Spot gold extended its rally, hitting a record high of $2883.16 an ounce.
The CEO of MARA Digital said that it will continue to increase its holdings of bitcoin on its balance sheet in 2025, with MARA owning a total of 44,893 BTC worth over $4 billion.
Market data show that SUI rose to break through $5 to a new record high, now quoted at $5.04, a 24-hour increase of 17%, breaking through $15 billion.
The US index maintained an upward trend, but the above resistance failed to break through, or continued to oscillate within the range. Analysts believe that the strength of the US dollar may lead to parity in Europe and the United States, but this will have serious consequences and lead to greater challenges.
The government of El Salvador has made it clear that it will continue to promote bitcoin as part of its economic strategy, even though the country has signed an agreement with international monetary funds to phase out its bitcoin operations. Stacey Herbert, director of El Salvador's bitcoin office, clarified that the country will continue to buy bitcoins at an "accelerated" rate even after an agreement is reached, as part of its strategic bitcoin reserve strategy. Herbert also explained on socia...
Israel continues its air strikes on Syria, but denies it is advancing towards Damascus. Gold was once close to the 2,700 mark. It is reported that the Biden administration is working with the Trump team, and Gaza is expected to cease fire early next year. What major events happened around the world yesterday and this morning?
Black futures continued to rise, with coking coal and coke contracts rising by more than 3%, thread and iron ore contracts rising by nearly 3%, and hot coil contracts rising by more than 2%.