Gracy Chen, CEO of cryptocurrency exchange Bitget, said that the speculative trading inherent in the former cryptocurrency market is becoming a thing of the past, and institutions are increasingly interested in building reserves based on Bitcoin, but caution is necessary for companies trying to copy MicroStrategy's Bitcoin investment strategy model, because new entrants face much higher Bitcoin prices than when MicroStrategy first bought it. If the price of Bitcoin suddenly falls, companies that use leverage to buy Bitcoin will also face greater risks: while the price of the cryptocurrency may fall, the debt liability will not. (BusinessInsider)

According to Odaily, the cryptocurrency market has observed a short-term decline in the value of BNB, which briefly fell below 720 USDT. As of the latest report, BNB is trading at 720.4 USDT. Over the past 24 hours, the increase in BNB's value has narrowed to 1.75%. This fluctuation in BNB's price is part of the broader trends observed in the cryptocurrency market, where values can shift rapidly due to various factors. Traders and investors are closely monitoring these changes to make informed decisions. The current trading price reflects a slight recovery from the earlier dip, indicating a volatile trading environment. Market participants are advised to stay updated with the latest market trends and price movements to navigate the dynamic landscape of cryptocurrency trading effectively. The recent price adjustment highlights the importance of vigilance and strategic planning in cryptocurrency investments.

This week, Microsoft investors rejected a proposal to buy Bitcoin. Gracy Chen, CEO of cryptocurrency exchange Bitget, said this was expected because most Microsoft shareholders may value the stability of the software giant's assets, and said: "Microsoft's investment in Bitcoin may mean facing additional risks, while many people invest in Microsoft because it is a predictable and good business. For shareholders who build their own diversified portfolios, mixing assets such as cryptocurrencies into the company's balance sheet may complicate the company's valuation and distract investors from the core business goals of buying its shares." (BusinessInsider)

The post Not XRP or DOGE-This Altcoin is the Best Performer Among The Top-100 With Over 8000% Surge appeared first on Coinpedia Fintech News Virtuals Protocol has emerged as the top performer among the top 100 crypto assets as the market cap displayed a meteoric rise from $0 to levels above $2.5 billion. The platform, which integrates the AI with the metaverse with an aim to build the future... source: https://coinpedia.org/price-analysis/not-xrp-or-doge-this-altcoin-is-the-best-performer-among-the-top-100-with-over-8000-surge/

As Ethereum (ETH) price consolidates above $3,900, traders are eyeing a possible surge before the end of the year, a phenomenon dubbed the “Christmas rally.”

واصلت عملة البيتكوين تعزيز مكاسبها فوق مستوى 100 ألف دولار، حيث ارتفعت إلى 102,500 دولار صباح اليوم، مسجلة أعلى مستوى لها خلال تسعة أيام. على الرغم من تراجعها الطفيف إلى أقل من 102,000 دولار حاليا، فإنها ما زالت مرتفعة بنسبة 1.5% خلال اليوم، مما رفع قيمتها السوقية إلى أكثر من 2 تريليون دولار. هل تسعى … The post عملة الريبل تستهدف 2.5 دولار والبيتكوين يحافظ على مستوى 100 ألف دولار appeared... source: https://arab-btc.net/ripple-eyes-2-5-btc-jumps-toward-102k/

The post Japan’s National Diet Bitcoin Reserve Proposal: A New Chapter in Crypto Adoption appeared first on Coinpedia Fintech News The political sentiment of the United States towards the cryptocurrency industry has turned encouraging, since pro-Crypto candidate Donald Trump won the US presidential election, defeating Kamala Harris, who represented a crypto-skeptic regime. The country is... source: https://coinpedia.org/news/japans-national-diet-bitcoin-reserve-proposal-a-new-chapter-in-crypto-adoption/

The market shows that BNB fell below 720 USDT in the short term and is now trading at 720.4 USDT, with the 24-hour increase narrowed to 1.75%.

According to PANews, the GPT-4o model within ChatGP has undergone another update, extending its knowledge base to June 2024. Previously, the model's information was current up to October 2023. This update aims to enhance the model's capabilities by incorporating more recent data, thereby improving its performance and accuracy in generating responses. The extension of the knowledge base is a significant development for users who rely on the GPT-4o model for various applications, including research, content creation, and customer service. By having access to more up-to-date information, the model can provide more relevant and accurate responses, which is crucial for maintaining the quality and reliability of its outputs. This update reflects ongoing efforts to keep AI models current with the latest information, ensuring they remain valuable tools in a rapidly changing world. As technology continues to evolve, regular updates like this are essential for AI models to meet the growing demands of users and to stay competitive in the field of artificial intelligence.

Bitcoin crossing the $100,000 mark is a global headline, but nowhere is it more celebrated than in Singapore. The city-state, known for its wealth and tech-forward mindset, has been years ahead of the curve in embracing cryptocurrencies. It didn’t happen by luck. A well-planned mix of infrastructure, regulatory clarity, and incentives made Singapore the place […] source: https://www.cryptopolitan.com/singapores-bitcoin-gamble-sees-huge-rewards/

The Hong Kong Stock Exchange said that the Hong Kong ETP (Exchange Traded Products, including ETFs and Leveraged and Inverse Products) market entered its 25th anniversary in November this year, covering 195 products and a market value of HK$463 billion at the end of November. The Hong Kong ETF market has grown over the past five years, with an average daily turnover compound annual growth rate of 30%, and an average daily turnover of HK$18.7 billion in the first 11 months of this year. In April this year, Asia's first batch of virtual asset spot ETFs were launched, followed by Asia's first Bitcoin inverse product in July. There are currently 10 virtual asset ETPs listed in Hong Kong, with a total market value of HK$5.5 billion at the end of November. In terms of technology, the Hong Kong Stock Exchange recently announced plans to digitize and automate the physical subscription and redemption mechanism of ETFs through an online platform in 2025 to improve the overall ETP market efficiency and promote the continued growth of its secondary market activities. (aastocks)

Assets under management for spot Bitcoin ETFs have surpassed $100 billion in a year and are now challenging to surpass gold ETFs.

Before we get into our 2025 predictions, let’s take a moment to review our 2024 predictions.

This may be the last “grassroots” cycle belonging to the crypto industry, and also the last Mega cycle in which BTC will have a huge beta increase.

The announcement showed that Meitu began selling its cryptocurrencies in November 2024, and as of December 4, all of them had been sold, with a total profit of approximately US$79.63 million (approximately RMB 571 million).

According to DefiLlama data, the total market value of stablecoins has exceeded US$200 billion, of which USDT has hit a record high of US$139 billion, and the market value of USDC issued by Circle has reached US$41 billion.

The addition will reportedly double the Nasdaq 100’s exposure to Bitcoin and expose MSTR to billions of dollars in passive investments.

Michael Saylor's "debt/equity, Bitcoin, stock price" game is a double Ponzi structure, which has become the biggest time bomb in the current cryptocurrency field.

Gain in-depth insights into the Filecoin Foundation’s vision and strategic priorities. Looking ahead to 2025, the Filecoin Foundation’s primary goal is to mobilize the Filecoin community, make Filecoin run seamlessly, and achieve product-market fit.

Golden Finance launches Golden Web3.0 Daily to provide you with the latest and fastest news on games, DeFi, DAO, NFT and Metaverse industries.