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Eric Trump, the second son of Trump: The USA is about to welcome the most crypto-friendly government in history!
① Eric, the second son of Trump, the elected president of the USA, stated that the Trump administration will become the most friendly government towards Cryptos in USA history. ② Eric mentioned at the Bitcoin Middle East and North Africa conference that Trump will promote USA's leadership in the "digital revolution" and promised not to impose excessive regulation on Cryptos.
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U.S. stocks closed: The Dow Jones fell for four consecutive days, Chinese concept stocks plummeted over 4%, as the market focused on the CPI report.
① The Nasdaq China Golden Dragon Index fell 4.34%, as China Concept Stocks collectively declined; ② Apple is reportedly planning to equip its smartwatches with satellite communication capabilities; ③ Google A rose 5.62%, as the company launched its latest quantum chip "Willow," achieving significant technological breakthroughs; ④ Microsoft shareholders voted against the Bitcoin investment proposal.
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On the night when Chinese concept stocks rose, small coins crashed.
In the past 24 hours, more than 567,000 people across the Cryptos network were liquidated, with a liquidation amount reaching 1.71 billion dollars, the second highest in history. Bitcoin briefly fell below 95,000 dollars, while Ethereum came close to 3,500 dollars at one point. The Small Cap Index recorded the largest intraday drop of the year.
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A weekly expenditure of 2.1 billion dollars! The bitcoin "whale" microstrategy increases its investment again.
On Monday, microstrategy announced that it had bought $2.1 billion worth of bitcoin. This marks the fifth consecutive Monday that the company has announced the purchase of bitcoin; Meanwhile, as microstrategy has been aggressively increasing its bitcoin holdings, the practice of financing bitcoin purchases by selling stocks and fixed-income securities has drawn increasing attention.
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Eric Trump, the second son of Donald Trump: Modern banks are outdated, and the usa must lead the cryptocurrency trend.
① Eric, the second son of Trump, stated that a set of "reasonable" regulatory guidelines could make the usa a superpower in cryptos; ② Recently, Trump nominated crypto supporter Paul Atkins to become the SEC chairman, which pushed the bitcoin price to briefly exceed the 0.1 million dollar mark; ③ Eric mentioned that americans want to see efficiency and hope the government does not hinder businesses.
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U.S. stocks closed lower: all three major indexes fell, Chinese concept stocks celebrated all night, and the Golden Dragon Index surged by 8.5%.
① The nasdaq china golden dragon index rose by 8.54%, while the ftse china 3x long etf (YINN) increased by 23.78%; ② OpenAI officially launched the AI video generation model Sora; ③ A man involved in the murder case of the insurance giant's CEO in New York was arrested in Pennsylvania; ④ mondelez international is reportedly exploring the acquisition of the usa chocolate producer hershey.
Trump's eldest son comments on Cryptos: Rationalize regulation, I am a loyal fan, my dad wants to turn the USA into the "Crypto Capital."
Eric Trump stated on Monday that he has been a "longtime loyal fan of Cryptos" and revealed that his father plans to make the "USA the Global capital of Cryptos" after returning to the White House, emphasizing that "transparency" is the direction for reforming regulation. He also mentioned that Tesla CEO Musk will play an important role in the new government.
MicroStrategy Acquires $2.1B Worth of Bitcoin, Total Holdings Now Exceed 423,000 BTC