Here is a 2-minute breakdown of everything important that happened in crypto today.
BofA’s Hartnett Warns Froth Is Building in US Stocks, Crypto
(Bloomberg) -- A powerful rally in US stocks as well as cryptocurrencies has left the asset classes looking frothy, according to Bank of America Corp.’s Michael Hartnett.Most Read from BloombergNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitAs Wars Rage, Cities Face a Dark New Era of Urban DestructionThe S&P 500’s price-to-book ratio has surged to 5.3 times in 2024, approaching a peak of 5.5 hit in March 2000 durin
Bitcoin's Surge Sparks Mixed Reactions in Meme Coin Market, With Some Tokens Soaring and Others Plummeting
Bitcoin's recent surge past $100,000 has created ripples in the meme coin market, with some tokens seeing sharp gains while others face steep declines.
Dogecoin Surges 9% to $0.46 as Bitcoin Breaks $100,000, Fueling Optimism for Altcoin Market
Dogecoin surged 9% to a weekly high of nearly $0.46, following Bitcoin’s landmark rise above $100,000.
Experts Predict Bitcoin Could Reach $150K by Year-End
On Dec. 5, 2024, Bitcoin surpassed the $100,000 mark for the first time, reaching an all-time high of $103,800 and achieving a $2 trillion market capitalization.
Chinese Stocks Jump Ahead of Key Meeting on Stimulus Bets
(Bloomberg) -- Chinese stocks jumped to the highest level in two weeks as some traders positioned for further stimulus to be released at a key policy meeting next week.Most Read from BloombergNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitAs Wars Rage, Cities Face a Dark New Era of Urban DestructionThe CSI 300 Index rose 1.3% on Friday, led by gains in financial and technology shares. The benchmark for onshore shar
Foreign Investors Flock to South African Bonds, Skip Stocks
(Bloomberg) -- Foreign investors are wading into South African government bonds while steering clear of equities, despite a stock-market surge that’s left emerging-market peers in its wake.Most Read from BloombergNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitAs Wars Rage, Cities Face a Dark New Era of Urban DestructionNon-residents have purchased a net 25.8 billion rand ($1.4 billion) in South African bonds this y