Allies of Trump have proposed a bold plan: to sell the gold reserves of the Federal Reserve to purchase 1 million bitcoins.
① An ally of President Trump, elected in the usa, is currently proposing a bold plan in the usa Senate. ② This plan could fill the bitcoin global strategy reserve proposed by Trump without increasing the federal deficit, and its approach is very straightforward: sell some of the gold reserves of the Federal Reserve...
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Bitcoin rally pauses: halftime break or already at the peak?
①After Bitcoin reached a high of $90,000 and fell back, analysts pointed out that as the market gradually digests the positive impact of Trump's election on cryptocurrencies, Bitcoin's rise has entered a consolidation phase; ③Although Trump's policies are likely to boost inflation and be bearish for cryptocurrencies, the market sentiment remains positive, with Bitcoin call options still betting on the price breaking through $0.1 million.
Bitcoin Briefly Touches $90,000 Milestone; What's Next?
Crazy cryptocurrency market! Analysts are betting that bitcoin will not experience a significant pullback until it reaches $150,000.
①Bitcoin's price has surged nearly 30% in the past seven days, breaking through $89,000 in the past 24 hours; ②Analysts predict that Bitcoin's price will continue to rise due to positive political momentum, social media hype, continued interest rate cuts, and the prospect of becoming a strategic reserve asset for the United States.
The US dollar, bitcoin, and Tesla are surging! Investors are all in on the 'Trump trade'.
The 'Trump trade' is causing a new wave, the dollar hitting a more than four-month high, non-US currencies under pressure; Bitcoin is unstoppable, aiming for the milestone of 0.1 million US dollars before the end of the year; Tesla, since the election day, has seen an almost absurdly large rebound of 39%.
Witness history! Bitcoin breaks through $89,000, cryptos concept stocks soar across the board.
Digital currencies started to surge fiercely over the weekend and continued to accelerate on Monday. The top digital currencies by market cap all skyrocketed. Ethereum and Solana both saw a cumulative increase of about 40% in the past 7 days, higher than Bitcoin's 31%. Dogecoin, supported by Musk, doubled in value over the week. Major Bitcoin holder MicroStrategy stated that it spent approximately $2.03 billion to buy around 0.0272 million bitcoins, marking the largest purchase since December 2020. Blackrock's Bitcoin ETF IBIT has an asset under management exceeding one of the largest gold ETFs, IAU.
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With the arrival of the Trump 2.0 era, what big changes will the technology industry in the USA face?
①Without a doubt, Musk will be the biggest beneficiary; ②With the heads of the SEC and FTC being 'fired', the cryptos industry, technology giants such as Apple, are expected to see a bullish trend; ③Google will be an exception.
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