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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

SEC Expected to Reject Solana Spot ETF Applications
SEC Expected to Reject Solana Spot ETF Applications

This decision reflects the SEC's ongoing cautious stance towards crypto, particularly under Chair Gary Gensler, who has overseen lawsuits against major exchanges like Binance and Coinbase.

CryptoNews·2024/12/07 09:44
Bank of America Strategist Claims Crypto and Stock Markets are Overvalued
Bank of America Strategist Claims Crypto and Stock Markets are Overvalued

Hartnett warned of a potential "overshoot" if the S&P 500 approaches 6,666 points.

CryptoNews·2024/12/07 09:44
Semler Scientific Purchases Additional $30 Million in Bitcoin to Expand its BTC Holdings
Semler Scientific Purchases Additional $30 Million in Bitcoin to Expand its BTC Holdings

Semler Scientific purchases 303 Bitcoin for $29.3M, growing its treasury to 1,873 BTC amid rising corporate BTC adoption.

CryptoNews·2024/12/07 09:44
Florida Could Launch Statewide Bitcoin Reserve by Q1 of 2025, Samuel Armes Says
Florida Could Launch Statewide Bitcoin Reserve by Q1 of 2025, Samuel Armes Says

Florida explores a Bitcoin reserve, allocating pension funds and surplus to cryptocurrency.

CryptoNews·2024/12/07 09:44
Bitcoin Reserve a “Bad Deal for Americans”: Bill Dudley
Bitcoin Reserve a “Bad Deal for Americans”: Bill Dudley

Bill Dudley critiques the idea of a federal bitcoin reserve, citing economic risks and volatility.

CryptoNews·2024/12/07 09:44
Czech Republic Approves Capital Gains Tax Exemption for Bitcoin Held Over Three Years
Czech Republic Approves Capital Gains Tax Exemption for Bitcoin Held Over Three Years

The Czech Republic approves a capital gains tax exemption for Bitcoin held over three years, effective January 2025.

CryptoNews·2024/12/07 09:44
Whale Buys 600 BTC as Bitcoin Drops Below $92K
Whale Buys 600 BTC as Bitcoin Drops Below $92K

CryptoNewsFlash·2024/12/07 07:55
Flash
  • 21:37
    Goldman Sachs Delays Fed Rate Cut Expectation to Year-End, Lowers US Recession Probability
    According to a report by Jinse Finance, Goldman Sachs has adjusted its expected timing for the next Federal Reserve rate cut to December (previously expected in July). Analysts at the firm stated: "Given the developments and the significantly eased financial conditions over the past month, we have raised our forecast for the annual growth rate of the U.S. economy in the fourth quarter of 2025 by 0.5 percentage points to 1%, and reduced the probability of a recession in the next 12 months to 35%. Meanwhile, we have lowered our expectations for the core Personal Consumption Expenditures (PCE) inflation path, anticipating a peak of 3.6% (previously expected at 3.8%)."
  • 21:06
    Optimism in the Cryptocurrency Market Heats Up
    Trade tensions between the United States and China have eased, leading to a recovery in the Bitcoin market. The mining company American Bitcoin, supported by the Trump family, plans to go public through a merger, and analysts expect the cryptocurrency market to enter a positive "venture capital" environment. Other companies like Metaplanet and Strategy continue to increase their investments in BTC, indicating that enterprises are actively participating in the digital currency accumulation frenzy. Additionally, the global stablecoin network Global Dollar Network has recently expanded its list of partners to promote its USD-pegged stablecoin USDG. Bitcoin remains the primary asset class for capital inflow, while Sui-related products have performed outstandingly.
  • 21:05
    Crypto Market Recovery: Major Coins like XRP, BTC Break Through 200-Day Moving Average
    On May 13, according to CoinDesk, as the overall cryptocurrency market rebounds, the prices of major tokens such as XRP, BTC, BNB, ADA, and TRX have all surpassed the critical 200-day moving average. This breakthrough in the technical indicator suggests that market breadth is improving and investor sentiment is turning optimistic. Analysts point out that this widespread rally may signal the beginning of a new bull market cycle, especially as tokens like XRP and TRX show strong breakout momentum after a prolonged consolidation. Market trading volume is simultaneously expanding, indicating that funds are flowing back into the crypto asset sector.
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