News
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2024-12-21 Sat
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Number of initial jobless claims in the United States as of December 21 (10,000 people)
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Flash
- 01:10The Fear and Greed Index today is 73, the level remains at greedToday's Fear and Greed Index is 73 (the same as yesterday), the level remains at greed. Note: The fear index threshold is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media heat (15%) + market survey (15%) + Bitcoin's proportion in the entire market (10%) + Google hot word analysis (10%).
- 01:01Overview of Important Overnight Developments on December 2221:00-7:00 Keywords: UAE, France, Microstrategy 1. The UAE Ministry of Interior and FSRA collaborate to combat virtual asset-related crimes; 2. Bitcoin mining company Hut 8 has purchased 990 bitcoins for approximately $100 million; 3. CryptoQuant founder: Bitcoin strategic reserves can "offset US debt"; 4. UBS: The outlook for US stocks remains optimistic, with the S&P 500 index potentially reaching 6600 points by the end of next year; 5. Microstrategy's board has added 3 members, increasing the total number of board members from 6 to 9; 6. The French Financial Markets Authority has approved HEXARQ SAS to provide trading services and cryptocurrency custody; 7. Vitalik: Fears AGI, ASI, supports building intelligence augmentation tools for humans rather than superintelligent beings.
- 2024/12/21 22:46CryptoQuant Founder: Bitcoin strategic reserves can "offset U.S. debt"On December 22, Ki Young Ju, the founder of CryptoQuant, stated that the United States could strategically accumulate Bitcoin (BTC) to address some debt issues. Young Ju believes that establishing a Strategic Bitcoin Reserve (SBR) to offset part of U.S. debt is feasible. Considering that U.S. debt includes both domestic and foreign-held debts, Young Ju suggested that the U.S. could acquire about 1 million Bitcoins. This strategic accumulation should span from now until 2050. He explained that this money can be used to offset its 36% of domestic debt which means it could pay off 70% of US debts.