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MicroStrategy buys another $2 billion in Bitcoin, BTC rises above $89,000, and the global cryptocurrency market cap hits a new high
MicroStrategy buys another $2 billion in Bitcoin, BTC rises above $89,000, and the global cryptocurrency market cap hits a new high

On the evening of November 11, after the U.S. publicly traded company MicroStrategy announced the purchase of Bitcoin again, Bitcoin began to rise rapidly, climbing from $82,000 to reach a new high of $89,000 at 7 a.m. this morning.

Chaincatcher·2024/11/12 08:11
The bull market has started, how high can BTC rise this round?
The bull market has started, how high can BTC rise this round?

BTC 73,000 USD, or the support price for the bottom of this round.

Chaincatcher·2024/11/12 08:11
October 2024 Public Chain Industry Research Report: Bitcoin Leads the Market, Layer 2 Competition Intensifies
October 2024 Public Chain Industry Research Report: Bitcoin Leads the Market, Layer 2 Competition Intensifies

In October 2024, Bitcoin's market share rose to 70.1%, while the Layer 2 landscape continued to evolve, with Bitcoin L2's growth rate surpassing that of Ethereum L2.

Chaincatcher·2024/11/12 08:11
Institutions rush to buy BTC on "Double 11," is $100,000 just around the corner?
Institutions rush to buy BTC on "Double 11," is $100,000 just around the corner?

MicroStrategy's Bitcoin holdings have reached an astonishing unrealized gain of $13 billion.

Chaincatcher·2024/11/12 08:11
Analyzing the Four Stages of a Bull Market: We Are Entering the Euphoria Phase
Analyzing the Four Stages of a Bull Market: We Are Entering the Euphoria Phase

For those who are focused and dedicated, 2025 may become a pivotal year that changes their lives.

Chaincatcher·2024/11/12 08:11
Bitwise CIO: Election removes crypto’s remaining ‘reputational risk’
Bitwise CIO: Election removes crypto’s remaining ‘reputational risk’

Institutional adoption “moves slower than we want,” exec says, but could follow “an exponential curve from Q1 onwards”

Blockworks·2024/11/12 07:22
Flash
22:17
Analysis: Trump’s personal interests in the crypto industry may jeopardize the passage of the FIT21 bill
Jinse Finance reported that on May 31, Trump’s election as president in 2024 and his embrace of cryptocurrencies are widely considered a major victory for the digital asset industry. However, Trump’s personal interests in this field have sparked some turbulence. As Congress accelerates the advancement of the Clarity Act, legislation aimed at establishing rules for digital assets and potentially triggering a wave of institutional investment, Trump’s ever-expanding cryptocurrency empire is providing critics with new reasons to oppose the bill. Ahead of the fall midterm elections, this issue has become increasingly contentious. Currently, the Clarity Act is awaiting a full Senate vote. Lawmakers are still debating whether to include ethical clauses that would restrict elected officials from participating in digital asset investment, with Trump’s significant interests in cryptocurrencies becoming one of the flashpoints of this debate.
21:57
ClearBank Launches Digital Asset Channel
On May 31, ClearBank Europe announced the launch of its digital asset track, a new feature that enables programmable liquidity and allows for 24/7 fiat payments in euros via SEPA Instant for cross-border settlements. This service is available to regulated entities, including Electronic Money Institutions (EMIs), Payment Institutions (PIs), and banks. Companies regulated by the Dutch Financial Authority (MiCA) with non-retail purposes can also transfer funds through the digital asset channel.
21:36
Meta Establishes New Enterprise Solutions Division
On May 31, according to The Information, Meta is establishing a new enterprise solutions division aimed at deploying engineers and product managers to enterprise client teams. This move is part of Meta's efforts to demonstrate to investors the rationale behind its substantial investments in artificial intelligence infrastructure.
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