China News by Thebittimes.Com

Bitcoin bulls are buzzing after Japan-based investment firm Metaplanet snapped up another 1,004 BTC—its second-largest purchase to date—just as Strategy executive chairman Michael Saylor hinted at yet another massive buy. The back-to-back accumulations come after Bitcoin posted its highest-ever weekly candle close at $106,500, just 3% shy of its all-time high. Analyst Crypto Rover on X says the momentum could signal a “massive breakout” is imminent. Metaplanet’s $104.3 million buy brings its total holdings to 7,800 BTC, fortifying its position as Asia’s largest corporate holder and the 11th biggest globally, according to BitcoinTreasuries. The Japan-based investment firm had also bought 1,241 BTC just a week ago.  Metaplanet bought its latest BTC at an average price of $103,873, CEO Simon Gerovich said in a post on X. Metaplanet has acquired 1004 BTC for ~$104.3 million at ~$103,873 per bitcoin and has achieved BTC Yield of 189.1% YTD 2025. ...

Ethereum (ETH) appears to be on the verge of a significant breakout, with its current market structure closely mirroring the 2020-2021 cycle. As similar patterns emerge, analysts suggest that Ethereum’s breakout to $10,000 is programmed for this cycle, signaling a potential turning point for the second-largest cryptocurrency by market capitalization. Ethereum’s market structure points to a breakout An Analysis by TedPillows highlights Ethereum’s recent capitulation candle, which mirrors the sharp downturn seen in March 2020. At that time, ETH faced a major downturn, leading many to believe the asset’s bullish trajectory was over—only for it to rebound and enter a bull run. Picks for you This country just launched a national meme coin; Crashes 80% 2 hours ago ...

US President-elect Donald Trump’s latest crypto venture, Official Trump (TRUMP), has made waves in the crypto community. The hype does not end with just crypto fans, investors, and enthusiasts. People from the traditional finance space and the general population also have their eyes on the crypto realm. The next four years may be a rollercoaster ride for the cryptocurrency industry. Also Read: Trump Coin Flips Shiba Inu (SHIB): How High Will It Go This January 2025? TRUMP’s Latest Movements Source: inc.com / Reuters Official Trump (TRUMP) hit a high of $73.43 on Jan. 19, 2025. Since its weekend peak, the asset has dipped by about 15.5%. The coin currently trades at $62.94, rallying 66.4% in the last 24 hours. Also Read: Crypto Boom: Melania Trump’s Token Hits $15M Market Cap After 10,000% Rise Source: CoinGecko TRUMP has also overtaken Toncoin (TON) and Shiba Inu’s (SHIB) market cap. Trump Coin is currently the 19th largest crypto project by market cap, with a valuatio...

Entering the year, there were high hopes for some of the biggest companies in the world. However, as January has unfolded, some concern has started to emerge on the stock market. Apple (AAPL) has emerged as the subject of some, as its expected 4% revenue jump in Q1 has yet to deter some nerves from Wall Street analysts. The company is currently the largest on the planet by market cap. Moreover, they boast some of the most popular consumer tech products in the world. However, there are plenty of reasons to be cautious, including ongoing legal issues and waning interest from Chinese customers. But just how bad can it get for Apple in 2025? Source: Drew Angerer / Getty Images Also Read: Apple Stock: Wall Street Predicts If AAPL Can Breach $300 in 2025 Apple Q1 Revenue Bump Expected as Analysts Are Still Worried Entering the year, Apple emerged as one of the key stocks to watch. Indeed, it had lofty expectations as it ended the 2024 fending off Nvidia (NVDA) to remain the largest company b...

With an influx of investments into the continually emerging AI sector, Microsoft (MSFT) has gotten a $650 price target as analysts are projecting a historic 2025. Indeed, the company has continued to spend big on artificial intelligence, as there are hopes that the investments will pay off. Just this week, the company announced two substantial funding measures. First, they are set to invest $80 billion into the development of data centers in the United States this year. Secondly, they are set to put $3 billion into the Indian workforce market. The development will see the company greatly invest in the nation’s talent pool. Source: CNBC Also Read:Microsoft (MSFT) Announces Yet Another $3B AI, Cloud Investment Microsoft Bound for Record 2025: Why Analysts Are Bullish on MSFT There is no shortage of reasons to be excited about Microsoft entering 2025. The company has long embraced investment in AI, spending $13 billion on OpenAI just two years ago. Although the free use of capital is...

Solana (SOL) has kicked off 2025 on a high note, with analysts pointing to the beginning of a new bullish leg for the cryptocurrency.  Notably, an Analysis by Tradingshot highlights Solana’s recent price action, suggesting the asset is positioning itself for a sustained upward trend. The cryptocurrency has surged to a 10-day-high, climbing toward the 50-day moving average (1D MA50), its first significant resistance level. The analyst sees this rally as the start of a fresh bullish phase within Solana’s five-month Channel Up pattern, supported by several key indicators and consistent historical behavior. Picks for you 2 cryptocurrencies to reach a $200 billion market cap in Q1 2025 16 hours ago BlackRock’s crypto fund BUIDL has paid o...

VeChain (VET) has faced a steep price correction in the last 24 hours. The asset is down 6.2% in the daily charts but is up 56.9% in the weekly charts, 103.9% in the 14-day charts, 208% over the previous month, and 168.7% since December 2023. Source: CoinGecko Also Read: Donald Trump Appoints David Sacks As Cryptocurrency & AI Czar Why Is VeChain Down? VET’s latest dip could be due to Bitcoin (BTC) briefly falling below $93,000 earlier today. BTC breached the $100,000 level recently, hitting a new all-time high of $103,679. The original cryptocurrency is currently down by 5.5% from its peak. Source – blockchainreporter VET’s correction could be due to investors booking profits after BTC’s recent ascent. Market participants may be shuffling their funds around. Also Read: Visa Stock (V): Why Analysts Are Saying It’s a Must Have How To Be A Millionaire When The Asset Hits $2? To have a million dollars worth of VET at $2 per coin, you will need about 500,000 coins. T...

Dogecoin trades at $0.39, its highest price in 18 months. After pulling back from $0.47, analysts see potential targets of $5 to $10, which could turn small investments into millions. For investors looking at cryptocurrency investment options, DOGE’s strong performance and rising adoption signal growing future potential. The TD Sequential indicator is showing sell signals for #Dogecoin $DOGE on the 4-hour and 12-hour charts, with another signal forming on the daily chart. This points to a high likelihood of a price correction before going higher! pic.twitter.com/wnO3yeWlc5 — Ali (@ali_charts) November 12, 2024 Also Read: AI Predicts Whether De-Dollarization Will Advance Under Trump’s Rule Understanding Dogecoin’s Future Potential, Market Risks & Investment Strategies Image Source: Watcher Guru Latest Price Moves In 2017, #Dogecoin surged 9,470%, with two major corrections along the way—one at 40% and another at 84%. In 2021, $DOGE rocketed 30,700%, again seeing two key...

Amid a large economic downturn recently, there are wide concerns about an incoming recession in the United States. With that, the US dollar and overall economy take a huge tumble, heavily harming investors’ wallets. However, with its recent growth and developments as a major talking point, some analysts believe that Bitcoin , the leading cryptocurrency, could be a “safe haven” amid the recession concerns. Indeed, Bitcoin is growing more and more popular each day in the US, even becoming a talking point in government and in the presidential election. The US Department of Justice currently holds billions of dollars worth of seized bitcoin. With this stash, there have been proposals to transfer Bitcoin to the Department of the Treasury to transform BTC into a reserve currency for the country, which has brought mixed reactions. While it may be a long and complex process, the idea isn’t impossible and would set Bitcoin up to be a major game-changer for the safety of t...