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As the brilliant achievements come to an end, the momentum of Bitcoin's rise at the year's end has slowed down.
In the last few days of a record-breaking year for digital Assets, the upward momentum of Bitcoin is increasingly weakening.
The title of "a country of speculating on coins" is well-deserved! The central bank of South Korea: more than 30% of South Koreans Hold Cryptos.
① The number of "crypto traders" in South Korea has surged, with over 15.59 million cryptocurrency investors in November, accounting for more than 30% of the total population; ② The reason behind this may be the sharp rise in Bitcoin prices and optimistic market sentiment after Trump won the USA election; ③ The total cryptocurrency holdings and daily trading volume of the South Korean public have significantly increased, with trading volume now approaching stock market levels.
The biggest winners in the US stock market technology sector this year are led by AppLovin, with MSTR, Palantir, and Robinhood all surpassing NVIDIA.
AppLovin successfully transformed into an AI advertising engine, ranking first among technology stocks with an astonishing increase of 758%. Additionally, MicroStrategy's bets on Bitcoin, Palantir's AI-enhanced data analysis, and Robinhood's booming cryptocurrency trading business achieved increases of 467%, 380%, and 210%, respectively, surpassing NVIDIA.
Overnight US stocks | The Dow has risen for five consecutive days, and Apple (AAPL.US) continues to hit new highs with a Market Cap approaching 4 trillion USD.
The USA stock market fluctuates amidst calm trade after the holiday.
Top Gap Ups and Downs on Thursday: TM, LI, KB and More
Unusual Options Activity: CVX, AVGO and Others Attract Market Bets, CVX V/OI Ratio Reaches 57.4
MicroStrategy Options Spot-On: On December 26th, 475.95K Contracts Were Traded, With 2.62 Million Open Interest
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Unusual Options Activity: MSTR, HIMS and Others Attract Market Bets, MSTR V/OI Ratio Reaches 35.0
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Express News | Top 10 Trending Stocks On WallStreetBets As Of December 26, 2024 (Via Swaggy Stocks)
Additional upward momentum? MicroStrategy plans to sell more shares to raise funds to purchase Bitcoin.
MicroStrategy is seeking shareholder approval to increase the authorized share count, increasing Class A shares from the current 0.33 billion to 10.33 billion shares. The company stated in the documents that the pace of Bitcoin acquisitions "is much faster than initially expected."
Today's Pre-Market Movers and Top Ratings | GME, MSTR, SBUX, and More