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Although on-chain metrics show overheated signals, the significant downside risk is limited due to institutional buying pressure outweighing retail buying pressure. A pullback may occur in the short term, but the likelihood of a trend reversal is low.
DDC Enterprise Limited announced today that it has completed its fourth Bitcoin purchase in August, acquiring an additional 200 BTC. With this purchase, the company's total holdings have reached 888 BTC, representing a growth of over double since the beginning of the month, when it held 368 BTC.
The US GENIUS Act gives stablecoins clear rules, setting the stage for explosive growth, new web3 apps, and rising venture capital interest.
Stellar’s price action looks fragile despite market rallies. With social dominance falling and a bearish crossover nearing, XLM risks deeper losses if support fails.
Share link:In this post: U.S. futures fell after Friday’s rally as markets await Nvidia’s earnings. Bitcoin and Ether erased weekend gains after Powell’s rate cut hint triggered massive liquidations. Asian stocks surged, led by tech in Hong Kong and Taiwan, while Europe slipped.
Share link:In this post: Five large UK data center projects have asked National Gas about connecting directly to its transmission pipelines to build on-site gas power stations. The projects would need about 2.5GW of capacity in total. Developers in the US are increasingly using gas-fired turbines as a stopgap before securing grid connections as AI-driven demand strains global power supply.
Share link:In this post: The Indian government, through its Statistics Ministry, has disclosed plans to integrate Amazon and Flipkart price data into its inflation gauge starting early next year. A HCES (Household Consumption Expenditure Survey) poll revealed that e-commerce is growing in popularity among households. The RBI recently reported that the FIT (Flexible Inflation Targeting) framework had performed well and met the country’s needs since its introduction.
Share link:In this post: Media companies are preparing for how to deal with a possible “Google Zero” situation. Enders says half of media companies saw a drop in traffic in the last year. Google’s total organic clicks from Search have held steady over the past year.
What RWA truly needs is a predictable, measurable, and settleable liquidity highway.
- 21:40The US Dollar Index fell by 0.16% on the 16th.Jinse Finance reported that the US Dollar Index fell by 0.16% on the 16th, closing at 98.147 in the forex market.
- 21:19The US Dollar Index fell by 0.16%, closing at 98.147.ChainCatcher News, according to Golden Ten Data, the US Dollar Index, which measures the dollar against six major currencies, fell by 0.16% on December 16, closing at 98.147 in the late foreign exchange market. 1 euro exchanged for 1.1758 US dollars, higher than the previous trading day's 1.1749 US dollars; 1 pound exchanged for 1.3426 US dollars, higher than the previous trading day's 1.3373 US dollars; 1 US dollar exchanged for 154.68 yen, lower than the previous trading day's 155.24 yen; 1 US dollar exchanged for 0.7946 Swiss francs, lower than the previous trading day's 0.7966 Swiss francs; 1 US dollar exchanged for 1.3746 Canadian dollars, lower than the previous trading day's 1.3773 Canadian dollars; 1 US dollar exchanged for 9.289 Swedish kronor, lower than the previous trading day's 9.2895 Swedish kronor.
- 21:10The three major U.S. stock indexes closed mixed.According to Jinse Finance, the three major U.S. stock indexes closed mixed, with the Dow Jones Industrial Average down 0.63%, the Nasdaq up 0.23%, and the S&P 500 down 0.24%. Tesla rose more than 3%, reaching a new all-time high since its listing.