[Summary of important news on Sunday] Domestic news: 1. 2025 Spring Festival film pre-sale broke 100 million, breaking the fastest record. 2. The Cyberspace Administration of China launched the Spring Festival network environment rectification action, which will focus on 6 problems. 3. The Central Bank and the Securities Supervision Commission jointly held a symposium on stock repurchase and re-lending to further play the role of policy tools to stabilize capital markets. 4. The Central Committe...
MicroStrategy founder Michael Saylor posted a teaser tweet on Sunday: In an X post, he poked fun at the chart company's display of bitcoin purchases on Monday, along with an image of SaylorTracker (a viral chart that tracks the company's purchases). Since the end of 2024, Saylor has posted charts from SaylorTracker about a day before announcing new bitcoin purchases.
Domestic news: 1. The national railway implemented a new train operation map today. 2. Orders of inbound tourists from South Korea to Shanghai increased by more than 180% year-on-year. 3. The General Administration of Customs introduced 15 measures to promote the development of the western region to form a new pattern. 4. The Pearl River Delta Hub (Guangzhou New) Airport has been officially approved by the State Council. 5. The Shanghai Stock Exchange held a symposium for foreign institutions to...
In a report on Sunday, Steno Research said that the price of Bitcoin is expected to rise from about $94,000 to as low as $150,000 next year, while the price of ETH will more than double, from $3,400 to at least $8,000. Namely, the ETH/BTC exchange rate will rise from the current 0.0357 to 0.06 in the next 12 months, similar to the price action of previous cycles, counterfeit products will be the focus of attention. Analyst Mads Eberhardt wrote: "This forecast...
According to a Dogecoin Foundation post on the X platform on Sunday, developers are seeking several major sponsors in 2025 to fund efforts to drive mass adoption. The donations will go towards building Dogebox, a decentralized payments infrastructure designed to empower small and medium-sized businesses. The amount of money the developers plan to raise in 2025 is unknown. According to the Dogecoin Foundation, which was established in 2021, it has received funding from Ethereum founder Vitalik Bu...
According to the official announcement, OKX will officially launch the SWELLUSDT perpetual contract on the web, app and API at 5:00 pm (UTC + 8) on November 25, 2024. Swell Network is an ETH liquidity staking protocol designed for stakers, node operators and L2/Ethereum ecosystems.
[Summary of important news on Sunday] Domestic news: 1. The number of reservation buyers of Huawei Mate70 series has exceeded 3 million. 2. Banking Financial Institution Group generally incorporates inclusive finance into the overall development strategy. 3. At the end of October, the balance of loans for inclusive small and micro enterprises in the country increased by 14.98% year-on-year. 4. Four departments carried out "Qinglang" special project action: It is strictly forbidden to use algorit...
The Chicago Board Options Exchange (CBOE) will launch its first cash-settled options product related to spot bitcoin on Monday, December 2.
According to Bitcoin.com, on Friday, October 25, 2024, Bitcoin's network hash rate climbed to an all-time high of 736.81 exahs per second (EH/s), bringing Bitcoin closer to the expected era of ZetaHash.
According to data released to the public by the Federal Election Commission on Sunday, crypto political action committee PAC Fairshake allocated nearly $29 million in September, making it one of the largest spenders of any industry during this election cycle.
In a research note on Sunday, Jefferies said bitcoin mining profitability fell in September from the previous month as the average price of bitcoin remained largely unchanged while the network hash rate rose by about 1.7%. The investment bank noted that average daily revenue per exahash fell 2.6% from the previous month. Analysts Jonathan Petersen and Joe Dickstein wrote: "It now looks like October will be a tougher month, as the price of BTC has only increased by around 5%, while the network ha...
Scott Bessent, Mr. Trump's economic adviser, told the Financial Times on Sunday that a new US administration likely to be led by Donald Trump would support a strong dollar, in line with decades of US policy, and played down concerns about a weaker dollar under Mr. Trump's presidency. As Election Day approaches on November 5, Democrat Kamala Harris trails purportedly pro-cryptocurrency investors in Polymarket's prediction market.
In early trading on Monday, October 14, the price of bitcoin broke through $64,000, gaining 2.1% in the past 24 hours and breaking out of the narrow range volatility seen over the weekend. Trading View revealed that the BTC price peaked at $64,173, its highest level so far in October, and recovered to its lowest level since September 30. According to CoinGlass, short positions in excess of $101.40 million have been liquidated across the cryptocurrency market due to the sudden movement in bitcoin...
According to the Wall Street Journal, U.S. officials said Sunday that the Biden administration is planning to send a THAAD anti-missile system to Israel and have the system operated by U.S. forces to strengthen the defenses of its key Middle Eastern ally.
On Friday, October 4th at 20:30, the United States will release the September non-farm payrolls report. This is the first report since the Federal Reserve opened the door to interest rate cuts by 50 basis points, and it is also one of the two non-farm payrolls data before the November meeting. With inflation falling, the performance of the labor market has re-emerged as the Federal Reserve's most critical...