“We’re in uncharted territory now,” said Tony Sycamore, an analyst at IG. “The market's next target will likely be $110,000. The pullback many expected hasn’t materialized, and this news has only fueled further gains.”
In a recent interview, President-elect Donald Trump expressed his plans for the U.S. to take a leadership role in the cryptocurrency space. “We’re going to do something great with crypto,” Trump said. “We don’t want China or anyone else, not just China, but others, to dominate it. We want to lead.” When asked if he was considering creating a crypto reserve similar to the U.S. Strategic Petroleum Reserve, Trump replied, “Yes, I think so.”
Putin's Criticism of the Dollar and Growing Interest in Crypto
Earlier this month, Russian President Vladimir Putin questioned the need for state reserves in foreign currencies, suggesting that investing such reserves domestically would be more beneficial. He also criticized the U.S. administration for using the dollar as a political tool, which he claims is diminishing its role as the global reserve currency. This has led many countries to explore alternative assets, including cryptocurrencies. “For example, Bitcoin—who can prohibit it? No one,” Putin stated.
Bitcoin’s Meteoric Rise and Market Growth
Since Trump’s election victory and the success of other pro-crypto candidates in the November 5 elections, Bitcoin has surged more than 50%. According to CoinGecko, the overall value of the cryptocurrency market has nearly doubled this year, reaching a record high of $3.8 trillion.
In another significant development, Nasdaq announced on Friday that MicroStrategy, one of the largest corporate investors in Bitcoin, will be added to the Nasdaq-100 Index. The company’s stock has soared more than sixfold this year, pushing its market value close to $94 billion, making it the largest corporate holder of Bitcoin globally.
Unidentified drones spotted flying over New Jersey and later in New York continue to capture national attention. Governors from both states have called for investigations into the recent surge of "mysterious" unmanned aerial vehicles (UAVs) in their skies.
Japan is taking bold action to address its aging population and shrinking workforce by introducing a four-day workweek for government employees starting this April. The move aims to improve work-life balance, ease economic pressures, and encourage higher birth rates.
UnitedHealth CEO Brian Thompson, 50, was shot and killed Wednesday outside a Manhattan hotel in a targeted attack. Police have released images of the suspect and are offering a $10,000 reward for information leading to an arrest.
Protests in Georgia over EU talks have entered their sixth day, resulting in 300 arrests and dozens of injuries. Prime Minister Irakli Kobakhidze labeled the unrest as an attempt to spark a revolution.
Gingerbread is a sweet treat which symbolizes the sharing and family unity of the Christmas holiday.
Police in Wisconsin on Tuesday (December 17) were interviewing friends and family and examining the online presence of a 15-year-old girl to determine what drove her to open fire in a classroom at her private Christian school, killing a fellow student and a teacher before taking her own life.
Kazakhstan unveils its energy strategy to 2035, focusing on renewables, grid upgrades, and nuclear power to cut coal reliance and emissions.
Prime Minister Justin Trudeau addressed internal turmoil within the Liberal Party after Finance Minister Chrystia Freeland resigned on December 17, fueling calls for his departure.
A SpaceX power outage disrupted mission control during a historic private spacewalk, raising concerns over safety, transparency, and potential conflicts of interest.
Negotiations at COP29 in Baku face a critical impasse as sharp divisions over climate finance and fossil fuel commitments threaten progress.
"Come up with the video in its full form," demands the COP29 CEO, Elnur Soltanov, in an exclusive interview with AnewZ. The chief executive has broken his silence on the claims he was using his position to organise potential fossil fuel deals.
Police in Wisconsin on Tuesday (December 17) were interviewing friends and family and examining the online presence of a 15-year-old girl to determine what drove her to open fire in a classroom at her private Christian school, killing a fellow student and a teacher before taking her own life.
Prime Minister Justin Trudeau addressed internal turmoil within the Liberal Party after Finance Minister Chrystia Freeland resigned on December 17, fueling calls for his departure.
A SpaceX power outage disrupted mission control during a historic private spacewalk, raising concerns over safety, transparency, and potential conflicts of interest.
The French overseas territory of Mayotte is grappling with widespread destruction in the aftermath of Cyclone Chido, described as the strongest storm to hit the archipelago in over 90 years. Striking over the weekend, the cyclone raised concerns about disaster preparedness and response efforts.
The UN has called for an inclusive political transition in Syria, stressing that progress in this area is critical for securing the economic aid needed to rebuild the war-torn country. UN special envoy Geir Pedersen emphasized that inclusive political transition in Syria is crucial.
Police in Wisconsin on Tuesday (December 17) were interviewing friends and family and examining the online presence of a 15-year-old girl to determine what drove her to open fire in a classroom at her private Christian school, killing a fellow student and a teacher before taking her own life.
Kazakhstan unveils its energy strategy to 2035, focusing on renewables, grid upgrades, and nuclear power to cut coal reliance and emissions.
Prime Minister Justin Trudeau addressed internal turmoil within the Liberal Party after Finance Minister Chrystia Freeland resigned on December 17, fueling calls for his departure.
A SpaceX power outage disrupted mission control during a historic private spacewalk, raising concerns over safety, transparency, and potential conflicts of interest.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment