Matrixport said that since the start of the bull market in late 2022, Bitcoin has shown strong resilience, with 30-day price corrections rarely exceeding -10%, while monthly losses during bear markets are often as high as 30% or more. Last week, Bitcoin was close to the -10% correction level, which is usually regarded as a consolidation bottom in this bull market. In contrast, the + 40% sharp rally in March and November 2024 is seen as a profit-taking opportunity. From the trend chart, Bitcoin i...
On January 27th, the reporter learned from the Ministry of Transport that since the Spring Festival travel this year, the total amount of travel in the country has reached a new high in the same period in history. From the start of the Spring Festival travel on January 14 to today, the personal flow of the whole society across regions is expected to exceed 3 billion. Passenger flow flows from central cities to small and medium-sized cities. According to the Civil Aviation Administration of China...
On January 23rd, according to CryptoQuant data, the total spot trading volume of TRUMP has reached $38 billion since its launch, of which Binance dominates in spot trading volume, reaching $16 billion. The TRUMP token closed at $62 on January 19, 2025, up 82% from the first day of trading on January 17. Its current price is around $39.
The Philadelphia Semiconductor Index hit a six-month high, rising 2.3% in the day.
Since the launch of TRUMP, Circle has minted 2.50 billion USDCs on Solana in just four days, according to Lookonchain.
Since August 2024, the difficulty of mining bitcoin has risen significantly, with a quarterly increase of 24%.
On January 21, Matrixport said that the price of bitcoin has been in a gradually narrowing wedge range since mid-November last year, influenced by multiple factors, including higher-than-expected inflation data and the hawkish stance of the Federal Reserve to suppress market sentiment, as well as optimistic expectations that President Trump may establish a "strategic bitcoin reserve". Trump's inauguration served as a catalyst for bitcoin's upward breakout, and the price of bitcoin is currently r...
President Trump said late Monday that he plans to impose a 25 percent tariff on products from Canada and Mexico starting Feb. 1, and possibly on most U.S. imports, while signing an executive order directing federal agencies to conduct a comprehensive review of U.S. trade policy by this spring. Trump told reporters in the Oval Office on Monday night that he was considering imposing tariffs on Mexican and Canadian products because the two countries allow "a lot of...
According to on-chain data, the Trump team has sold about $500 million of tokens through on-chain transactions since the issuance of the TRUMP token.
According to y_cryptoanalyst on the X platform, the total market value of cryptocurrencies has evaporated by nearly 93 billion US dollars in just four hours after the TRUMP meme was issued at 10am. He said: "The counterfeit products bag you hold is indirectly paying for the KOL myth of getting rich."
According to a Bloomberg post, Bitcoin rallied again on Friday due to market rumors that Donald Trump may soon issue an executive order to make cryptocurrencies a national priority. It is said that Trump may announce the establishment of the cryptocurrency advisory committee he previously promised in his executive order to give the cryptocurrency industry a voice in his administration. Investors expect any announcement from the new administration next week to drive bitcoin prices higher and pote...
According to Politico, since Election Day, crypto companies including Ripple, Coinbase, Kraken, Robinhood, and Circle have poured at least $10 million into the Trump Inauguration Fund, which will be used to fund the grand official event held during the inauguration. Executives have also flocked to Washington to prepare for the new president's swearing-in on Monday. One target that crypto players are focused on is the Digital Asset Advisory Council that Trump has vowed to create.
Unpositioned squaring contracts have risen 46 per cent since Monday to an all-time high of $7.60 billion, according to Coinglass data. This is the highest level of unpositioned squaring contracts recorded by the analyst firm. "Looking at XRP options data alone, interest in calls is greater than that in puts, indicating that call sentiment is high," said Nicolai Sondergaard, analyst at Nansen Research. "The put to call ratio is also below 1, further evidence of higher interest in calls." Sonderga...
Bitcoin lost the 90,000 dollar mark for the first time since November last year, falling 4.86% in the day.