Cryptocurrencies are absorbing 30 billion U.S. dollars in venture capital this year, and gold has become the "worst asset"
Global venture capital funds have invested approximately US$30 billion in cryptocurrencies this year, more than the sum of previous years. According to transaction data compiled by PitchBook Data Inc, this is almost four times the previous record of approximately $8 billion in 2018.
Continue to promote supervision, SEC Chairman said that new technologies should be included in the public policy framework
Since December, the US SEC has continued to advance the pace of supervision.
After "Waterloo", where will the cryptocurrency go?
Over the past three days, cryptocurrencies have reappeared in the roller coaster market. On the evening of Saturday (December 4) Eastern time, Bitcoin fell by more than 20% in less than 24 hours, hitting the lowest $42,000 mark, a new low since September, and at least 400,000 people broke their positions. However, with the emergence of a wave of buyers who bought on dips, cryptocurrencies made up for some of the decline.
Bitcoin is the culprit of the sharp drop in gold prices?
Recent inflation data shows that the US CPI has exceeded 6%, the highest in more than 30 years, but the support for gold prices seems to have disappeared. With the news that Biden appointed Powell as chairman of the Federal Reserve, the price of gold immediately fell sharply. However, the downward trend of cryptocurrencies seems to have stopped.
U.S. regulatory agencies release roadmaps and new policies, and cryptocurrency regulatory thinking is taking shape
The U.S. banking regulator provided more information on the cryptocurrency regulatory program on Tuesday, released a to-do list of priorities for next year, and announced a new policy that banks must obtain special permits before launching cryptocurrency business.
The correlation between Bitcoin and technology stocks is disappearing, and the title of "hedging tool" is being questioned!
Since February 2020, the trends of Bitcoin and Nasdaq 100 index futures have been following the same trend, and there has been a positive correlation during the epidemic period.
Encrypted taxation on the agenda，the controversial tax definition in the U.S. has been handed over to the Treasury Department
U.S. President Biden signed the "Infrastructure Investment and Employment Act" on Monday, leaving the definition of crypto brokers to the U.S. Department of the Treasury.
The meta-universe boom continues: the government starts to deploy
Meta Universe has not only attracted Facebook's parent company Meta Platforms Inc (NASDAQ: FB), Microsoft, Nvidia, BATJ and other large and small companies to bet on the field of Meta Universe. Nowadays, the government has also begun to pay attention and make arrangements.
Bitcoin VS Gold: Who can win the inflation war?
Since the beginning of this year, Bitcoin has risen far more than gold. The data shows that the digital currency has risen by nearly 133%, while gold has fallen by nearly 4%.
JPMorgan Chase reiterated the long-term price target of $146,000 for Bitcoin: expected to reach half next year
JPMorgan Chase reiterated in a recent report that the price of Bitcoin is expected to reach $146,000 in the long-term, provided that volatility subsides significantly and financial institutions begin to prefer Bitcoin to gold in their investment portfolios.
What's the signal for the Houston Firefighters Pension Fund to enter cryptocurrency?
On October 20, Bitcoin ETF options were listed. On the same day, Bitcoin broke through $66,000 for the first time in its history, and once stood at $67,000.
U.S. Bitcoin futures ETF has been approved. Will the spot ETF be far behind?
After 8 years of application and 7 years after being rejected by the SEC, the US Bitcoin ETF finally came.
Significant progress in digital currency: France tests crypto assets in government bond trading
This is by far one of the most important experiments for cryptocurrencies in a leading mature market.
BTC and ETH suffered a sharp drop and shuffled the market from bull to bear? ?
BTC: The market repeated the 519 trend the day before yesterday. Bitcoin plunged more than 10,000 points in the intraday trading. The price broke the 40,000 mark from the 52,000 mark. After the dip, the price rebounded quickly to recover most of the decline, almost exactly the same as 519; In fact, there are obvious differences in this plunge.
A 38% increase in 7 days. What are the reasons why ADA successfully ranked among the top three global encryption?
According to CoinMarketCap data, the price of Cardano (ADA) has risen by more than 38% in the past 7 days. The price once approached US$3, and its market capitalization was US$90.6 billion (76 billion euros), making it one of the top three global cryptocurrencies. Of the list.
Deputy Governor of the Central Bank of Russia: Buying cryptocurrency = entering a minefield
The Central Bank of Russia once again reiterated its negative stance on Bitcoin, and a senior official of the central bank likened the cryptocurrency to a pyramid scheme.
BTC and ETH roller coasters soar
BTC: After a wave of roller coaster trends, the daily line finally recorded a strong downward shadow on the next day, and the rebound after the completion of the callback was continuous. For the bulls, the next day is not dangerous, and the reversal can be completed if they step back and break the low.
Fed Governor Waller: "Highly Doubts" the Fed's Necessity of Developing Central Bank Digital Currency
Fed governor Christopher Waller said he is "highly skeptical" about the need for the Fed to develop digital currencies.
BTC rebounds twice after adjustment, ETH is expected to hit 2900
BTC: After adjusting for the four consecutive Yin Yin fall, the daily line ushered in a rebound in the next night. The daily line closed the positive and ended the continuous Yin callback trend structure.