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AICoin Daily Report (December 10)

CN
AiCoin
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3 months ago
AI summarizes in 5 seconds.

1. Russian President Putin Claims No One Can Ban Bitcoin

Russian President Putin stated that no one can ban Bitcoin. -Original

2. White House Official Hassett: The Federal Reserve Still Has Ample Room to Cut Rates

The Director of the White House National Economic Council, Hassett, stated that the Federal Reserve still has ample room to cut rates. -Original

3. Gold Hits Historic High, Surpassing $4,200/Ounce, Up 0.23% on the Day

4. BlackRock Transfers 272.293 BTC to Coinbase Prime, Worth $24.58 Million

About an hour ago, BlackRock transferred 272.293 Bitcoins to a Coinbase Prime address, valued at approximately $24.58 million. -Original

5. BMW Completes First On-Chain Programmable Forex Payment via JPMorgan

German automotive giant BMW completed a foreign exchange transaction using JPMorgan's licensed Kinexys digital payment network, marking its first on-chain programmable forex payment. -Original

6. UAE National Security Department States Bitcoin is a Key Pillar of Future Finance

The UAE National Security Department stated that Bitcoin is a key pillar of future finance. -Original

7. Glassnode: Bitcoin Holdings of Public and Private Companies Rise to 1.08 Million

According to Glassnode, the total amount of Bitcoin held by public and private companies has increased from 197,000 to 1.08 million since January 2023, a growth of approximately 448%. Corporate balance sheets are becoming an increasingly important pillar of Bitcoin demand. -Original

8. Standard Chartered Lowers Bitcoin Year-End Price Target to $100,000

Standard Chartered analyst Geoff Kendrick described the current market as a "cold wind" rather than a "crypto winter," lowering the year-end price target for Bitcoin to $100,000 and pushing back the expected time for Bitcoin to reach $500,000 from 2028 to 2030. -Original

The above is a selection of hot topics from the past 24 hours. For faster news, please download AiCoin (aicoin.com)

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