2025/01/03
IBIT has grown to more than $50 billion in assets in 11 months. US ETFs played a key role in Bitcoin’s rally over $100,000
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Software works on Nvidia-based systems, to be open-sourced. Value of deal pegged at $700 million by Calcalist in April
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‘It may even be bigger than the internet,’ proponent says. BlackRock, Trump’s election win have re-energized efforts
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Powell's headache is how to deal with the inflationary pressure that Trump's policies may bring without openly rebelling against him. Will he compromise with Trump like he did in 2018? This time may be different.
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Inflation focus upends rate-cut calculus, dents market returns. ‘Tug and pull’ between conflicting forces promises more swings
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Firm will likely revise capital raising plan once limit is met. Regulated US exchanges like Coinbase used to buy Bitcoin
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Google's new quantum chip Willow solved in 5 minutes what would take supercomputers 10²⁵ years, showcasing its error reduction and superior performance
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Expectations that crypto will thrive under Trump spur demand. Bitcoin has posted its longest weekly winning run since 2021
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The Dow Jones Industrial Average fell for two consecutive days and turned down for the whole week. The S&P rose about 1% for the week and rose for three consecutive weeks. The Nasdaq rose more than 3%. Tesla rose more than 5%. Amazon and Meta hit new highs. Nvidia fell 1.8%. The increase in non-farm payrolls in the United States in November exceeded expectations, but the unemployment rate rose slightly. The market moderated and bet on interest rate cuts. Many voting committee members supported slowing down interest rate cuts next year. The yield on two-year U.S. Treasury bonds fell by about 5 basis points. Both the U.S. dollar and gold fell first and then rose. The U.S. dollar turned up during the week. The euro fell after hitting a three-week high. French stocks rose 2.7% for the week. The offshore renminbi fell below 7.28 yuan and fell for five consecutive weeks. The yen rose above 150 again, and the Korean won fell 1.8% for the week. Oil prices fell by about $1 on Friday and fell by more than 1% for the week.
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Ark Invest founder approves of tariffs if offset by tax cuts . Wood sees broader gains in stock market under new regime
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The 12 funds have wooed a net $6.2 billion so far in November. Bitcoin came close to $100,000 on Trump’s pro-crypto agenda
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Analysts said that in terms of tax policy, attention should be paid to Bessant's speech at the hearing; Bessant has little impact on interest rates, and the key is to what extent the White House can use Bessant's reputation to prevent bond market fluctuations. Bessant may adopt "unconventional" measures to solve the U.S. debt ceiling issue. In addition, he will also play an important role in cryptocurrency regulation.
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Bakkt has been exploring a potential sale for months. Crypto trading venue was launched by Intercontinental Exchange
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Ukraine carries out first strike with US missiles in Russia. Bitcoin extends post-election rally on US’s embrace of crypto
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Only about a dozen S&P 500 members hold more financial assets. It is the best performing major US stock since buying began
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After plowing at least $132 million into the president-elect’s campaign, the richest man in the world is about to treat the US government as if it were a money-losing social network.
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S&P 500 above 6,000, with small caps at highest since 2021. Bitcoin tops $87,000 mark; US dollar hits one-year high
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Covering how Donald Trump's return to the White House is breathing new life into sleepy corners of the cryptocurrency market.
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