Zhang Bao Long and legendary investor Jim Rogers: A meeting of two financial masterminds sharing perspectives on global markets. Zhang emphasizes the importance of AI and digitalization in future investment strategies. Investment success requires adapting to market dynamics with smart technologies and AI. China’s capital markets may enter a new bull cycle, driven by digital innovations. The future of capital markets lies in the transformative power of smart technologies. Zhang Bao Long, a renowned investor and strategic advisor for Finanx AI , often called China’s “Warren Buffett,” emphasizes that digitalization and artificial intelligence (AI) will shape investment strategies as market complexities grow. He believes that smart tools are critical for improving market efficiency and helping investors adapt to volatile global markets. The convergence of artificial intelligence and blockchain technology is already transforming the financial landscape, creating new opportunities for innovation and efficiency. Finanx AI leads this revolution, using cutting-edge AI combined with blockchain to take trading to new heights. This vision is matched by Zhang’s forward-thinking insights about the necessity that investors embrace innovation for future success in an increasingly digitized market. Evolution of Investment Strategies Zhang views capital markets as a domain requiring systematic expertise, combining strategy design, knowledge, and empirical analysis. He stresses that investment success demands more than buying and selling; it requires understanding complex market dynamics. According to him, future growth opportunities lie in emerging sectors, particularly those leveraging digital assets, AI, and big data technologies. As smart technologies evolve, traditional investment approaches will need to incorporate these tools to keep pace. The Role of Quantitative Trading in Modern Markets Quantitative trading has significantly advanced, but Zhang believes its implementation must account for localized market systems. In China, the T+1 trading mechanism demands tailored strategies to achieve greater flexibility. Zhang predicts that technology-driven trading systems will allow for more agile decision-making, unlocking new opportunities. However, he urges investors to remain vigilant about policy changes, as these significantly influence market trends. Modern investing is increasingly driven by behavioral finance principles. Zhang argues that market movements often follow emotional patterns, creating both risks and opportunities. Identifying these signs can assist investors in keeping their cool during periods of extreme fluctuations and making rational decisions. Comprehending behavioral patterns are important for managing the risks associated with volatile markets, and more importantly, securing revenues in volatile conditions. Emergence of a Bull Market Cycle Zhang is optimistic about China’s capital markets entering a new bull cycle in 2024. He links this potential growth to global economic shifts, with digital and intelligent sectors leading the way. Key drivers include advancements in AI, blockchain, and big data, which are expected to reshape market structures. Investors who focus on these areas may seize substantial opportunities as the next market cycle unfolds. Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Major Bitcoin miner Riot Platforms added $69 million worth of the world’s leading cryptocurrency to its holdings.
Major Bitcoin miner Riot Platforms added $69 million worth of the world’s leading cryptocurrency to its holdings. According to Securities and Exchange Commission filings , Riot Platforms bought 667 Bitcoin ( BTC ), increasing its total crypto holdings to 17,429 BTC. Riot acquired this tranche at an average price of $101,135 per coin, bringing the total value of its Bitcoin balance to nearly $2 billion at the December 16 peak price of $106,000. The company began mining Bitcoin in 2018 at its Oklahoma facility after shifting its corporate focus. Inspired by MicroStrategy Chairman Michael Saylor’s “sell shares, buy BTC” strategy, Riot expanded its approach to include Bitcoin purchases and share buybacks, further growing its crypto reserves. You might also like: MicroStrategy registers new $1.5b Bitcoin buy By combining mining operations with strategic market purchases, Riot has generated a notable BTC yield. This metric measures the difference between BTC holdings and share dilution. Since the beginning of the fourth quarter, Riot has achieved a 36.7% BTC yield, with a year-to-date yield of 37.2%. Despite ongoing debates surrounding the Saylor-instigated practice, BTC miners like Riot and other corporations have increasingly offered share rights to raise capital for Bitcoin purchases, albeit less aggressively than MicroStrategy. Riot recently closed a $594 million convertible bond sale, channeling the proceeds to finance more BTC buys. Marathon Digital, another BTC miner, executed a similar plan – selling senior notes for cash to acquire BTC. Read more: Ethena officially launches USDtb, stablecoin backed by BlackRock
Ripple’s newly introduced stablecoin, RLUSD, has generated attention with its unusual pricing, exceeding $1,200 per unit in pre-launch transactions. Ripple CTO David Schwartz has clarified that these fluctuations are attributed to limited supply and heightened demand during the early phase of the stablecoin’s release. David Schwartz Explains $1,200 Ripple RLUSD Price Spike Ripple’s USD-pegged stablecoin, RLUSD, recorded an unexpected valuation of $1,200 on decentralized exchanges (DEX) before its official launch. This has been linked to supply shortages and heightened demand for the token during its pre-release phase. David Schwartz, Ripple’s CTO, explained that the inflated valuation stems from market tools that reflect the highest price bidders are willing to pay. He emphasized that the pricing is not the actual value of RLUSD but rather a result of limited availability. Schwartz assured investors that once the stablecoin reaches sufficient circulation, its price would stabilize near the $1 benchmark. Additionally, last week, the New York Department of Financial Services (NYDFS) granted regulatory clearance for Ripple’s RLUSD, positioning it for entry into the stablecoin market. This approval was a critical step for Ripple, as the company expands its portfolio with a regulated USD-pegged asset. Testing for RLUSD has been underway since August, with developers and institutional partners refining its functionality to ensure parity with the U.S. dollar. The stablecoin’s official launch will boost its role in cross-border payments and liquidity solutions. Early Transactions Indicate Demand Despite Price Instability In the days leading up to its launch, RLUSD saw limited minting, with speculative traders engaging in high-priced transactions on platforms like the Xaman XRP wallet. Reports indicate that one such transaction priced a fraction of RLUSD at 511 XRP, equivalent to over $1,200. Schwartz noted that some users may be paying inflated amounts for the perceived novelty of holding the first batch of Ripple’s RLUSD. He reiterated that these prices will revert to $1 once supply meets demand. The Ripple CTO emphasized, “The whole point of a stablecoin is to have a stable price. Short-term changes in prices due to shortages of supply or demand are certainly possible, especially around launch, but they shouldn’t remain for very long as arbitragers rapidly fix the market. Please don’t FOMO into a stablecoin! This is not an opportunity to get rich.” The stablecoin will complement XRP’s utility, leveraging its established exchange presence to ensure liquidity and minimize the risk of depegging. More so, reports indicate that the XRP company minted 13.9 million RLUSD tokens across the XRP Ledger and Ethereum Network. The minting includes 2.6 million RLUSD on the XRP Ledger and 11 million RLUSD on Ethereum. The post Here’s Why Ripple’s RLUSD May Not Be Pegged To $1 After Launch appeared first on CoinGape .
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bull run sparks new highs, but tokens like PEPE and DOGE lag. Analysts see 1Fuel, in presale, primed for 500% growth. Table of Contents Breaking barriers, but not expectation: Pepe’s journey to meeting the hype Dogecoin’s lost bark: Meme coin’s underperformance raises questions about its future 1Fuel ignites interest: How its privacy features Are revolutionizing DeFi Conclusion It’s no longer news that the bull run has begun, with several cryptocurrencies experiencing new highs. Despite this surge, big names such as Pepe (PEPE) and Dogecoin (DOGE) have underperformed, failing to meet analysts’ expectations. Holders of the tokens are beginning to jump ship in search of a project with great profit potential. According to the top crypto analyst, 1Fuel has the most potential among other altcoins. The token is in the second presale stage, and metrics show signs of exponential growth. Aside from impressive presale numbers, the privacy features have also generated interest in the DeFi world. Combining both aspects, analysts expect the token to increase by 500% or more. You might also like: Ethereum’s Layer-2 ecosystem expands while 1FUEL changes DeFi wallets Breaking barriers, but not expectation: Pepe ‘s journey to meeting the hype On December 9, 2024, PEPE achieved a new all-time high (ATH) of $0.00002803. Although this was good news for the project, the price didn’t meet analysts’ expectations. An overview of the 30-day chart shows PEPE increased by 29.2%, which is disappointing. At the moment, the token is 12.7% down from its ATH. As a meme coin, Pepe’s price is heavily influenced by market sentiment. Failing to maintain its ATH paints a picture of little to no community support. Without the backing of crypto enthusiasts, analysts anticipate Pepe price stagnation on the charts. Investors looking for gains during this bull are advised to purchase 1Fuel, as it isn’t wholly dependent on sentiment. 1Fuel has functionality such as its privacy feature, which Pepe lacks. It is currently on presale and has the potential to outperform Pepe. Dogecoin ‘s lost bark: Meme coin’s underperformance raises questions about its future Being the top dog, analysts predicted that Dogecoin would skyrocket towards the end of the year. However, the token has failed to meet these expectations. DOGE is 44.4% below its ATH of $0.7316, recorded on May 8, 2021. The price has been steady in the last 30 days on cryptocurrency exchanges, with a slight 0.3% decline. Seeing red on the Dogecoin chart is surprising to many, as the original meme coin is often expected to lead during a bull market rally. Does this indicate that the market no longer supports Dogecoin? The short answer is ‘No.’ The market is currently consolidating, which tends to impact cryptocurrencies like DOGE that lack significant utility With DOGE being sluggish, it’s best to invest elsewhere. 1Fuel, which is currently in presale, serves as the best investment vehicle as it offers real-world utility. 1Fuel ignites interest: How its privacy features Are revolutionizing DeFi The cryptocurrency market is growing steadily. New tokens are introduced daily, but most are hype-driven rather than practical. To change financial services, blockchain tokens must have real-world value. Additionally, these tokens must provide solutions to the technological hurdles within the sector. 1Fuel is coming to rewrite the rules and introduce a whole new level of functionality. The project will create a cryptocurrency wallet that automates complex operations while ensuring top-tier security and privacy. This will allow users to interact with digital assets more confidently and comfortably. It is friendly to both new and seasoned traders. Holding 1Fuel tokens earns users a 30% staking reward. This converts investment into an ongoing revenue source. Second, there would be a peer-to-peer exchange. This function removes the middleman, allowing users to trade directly with other users. Finally, 1Fuel takes things to the next level by offering debit cards. This allows users to effortlessly spend from their cryptocurrency wallet in the real world. At the moment, 1Fuel is in its second presale stage. The first stage was a huge success as the tokens were sold out in record time. This momentum has been passed on to the second stage, as 1Fuel has sold over 13% of the tokens allocated to this stage. This is the ideal time to purchase 1Fuel as a token costs $0.012. Conclusion Meme coins like Pepe and Dogecoin have failed to meet market expectations. However, 1Fuel’s approach has set it on the right path for massive growth. At $0.012/token, the presale offers 1FUEL at a cheap price. Buy and watch an investment soar when 1FUEL hits the top cryptocurrency exchanges! For more information about 1Fuel , visit the presale website , Telegram , and X . Read more: 1Fuel gains momentum as Shiba Inu and Dogecoin lose investor focus Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
Bull run sparks new highs, but tokens like PEPE and DOGE lag. Analysts see 1Fuel, in presale, primed for 500% growth. #partnercontent
The post Riot Platform Acquires 667 BTC, Boosting Holdings to 17,429 Tokens appeared first on Coinpedia Fintech News In a latest development, Riot platform has yet again made a BTC purchase, as the company disclosed that with the additional proceeds from it’s upsized $594 million, 0.75% coupon convertible bond issue, the Company has acquired 667 BTC at an average price of $101,135 per BTC. With the additional proceeds from Riot’s upsized $594 million, 0.75% coupon convertible bond issue, the Company has acquired 667 BTC at an average price of $101,135 per BTC. As a result, Riot has increased its holdings to 17,429 BTC, currently valued at $1.8 billion based on the… pic.twitter.com/t68Uy8nbHU — Riot Platforms, Inc. (@RiotPlatforms) December 16, 2024 The purchase, made on December 12-13, boosted Riot’s total bitcoin holdings to 17,429 tokens, currently valued at $1.8 billion based on the current market price of BTC of $103,873. Riot also shared that through this acquisition and mining production YTD, it has generated a BTC Yield Per Share of 36.7% QTD, and 37.2% YTD. Notably, Bitcoin had surged above $106K earlier in Monday’s trading session, reaching a fresh high and is currently trading at $104,841, up over 1% in the last 24 hours. Just recently, the company had acquired 5,117 BTC at an average price of $99,669 per BTC, inclusive of fees and expenses. Riot’s acquisition underscores the ongoing interest and investment in Bitcoin by major industry players, despite the volatile nature of the market. Riot’s decision to acquire Bitcoin highlights its commitment to the Bitcoin’s potential for growth in the future.
Riot Platforms, one of the well-known players in Bitcoin mining, has announced its significant expansion in cryptocurrency holdings by acquiring 667 BTC worth around $67.5 million. The company is a dedicated miner operating North America’s largest mining facility. With a market capitalization of approximately $4.41 billion, the company is among the largest and most prominent stocks within the Bitcoin mining sector. Riot Platforms Cements Leading Position as a Major Bitcoin Miner with New Bitcoin Purchase Bitcoin mining company Riot Platforms announced it added more BTC to its portfolio. According to its official announcement , the company utilized proceeds from the recent issuance of $594 million in 0.75% convertible bonds to purchase 667 BTC at approximately $101,135. The purchase reportedly cost approximately $67.457 million. This will increase the miner’s total Bitcoin balance to 17,429. Based on the current market price of approximately $104,229, its total market value is now approximately $1.8 billion. The acquisition happened just after, a few days ago, company said it bought a total of 5,113 BTC for approximately $510 million. With the additional proceeds from Riot’s upsized $594 million, 0.75% coupon convertible bond issue, the Company has acquired 667 BTC at an average price of $101,135 per BTC. As a result, Riot has increased its holdings to 17,429 BTC, currently valued at $1.8 billion based on the… pic.twitter.com/t68Uy8nbHU — Riot Platforms, Inc. (@RiotPlatforms) December 16, 2024 The announcement comes around the same time MicroStrategy confirmed acquisition of an additional 15,350 BTC worth $1.5 billion, its sixth acquisition in six weeks. From the latest purchase, MicroStrategy will have a total holding of 423,650 Bitcoins. Primarily a business intelligence and cloud computing services provider, MicroStrategy has been one of the longstanding corporate advocates for cryptocurrency, especially now that Executive Chairman Michael Saylor sees the largest cryptocurrency as an inflation hedge and much superior to any other investment tool. Riot Platforms, meanwhile, is a focused miner operating the most significant mining facility in North America. With a market capitalization of about $4.41 billion, this miner represents one of the larger stocks within the sector. Meanwhile, the price of Bitcoin once again moved past $105,000 on Monday, gaining 2.9% to reach $105,801. $525 Million For Bitcoin Domination In addition to its BTC acquisition, Riot Platforms has focused on securing its future growth through a $525 million convertible senior notes offering. That’s more than previously planned $500 million . The convertible notes, as per the conversion terms into equity, give the company flexibility and liquidity to address market opportunities effectively. The company has deployed the proceeds to purchase additional BTC, enhance operational expansion, and explore advancements in mining efficiency. This audacious fundraising strategy stamps this company’s commitment to outpacing an industry rife with rapid innovation and volatility. Strong Operational Performance Riot’s November 2024 production results further underscore its position as a leader in the crypto mining space. The company successfully mined 495 Bitcoins, demonstrating consistent operational efficiency and scalability. The miner’s increasing hash rate—a key measure of mining power—reflects its determination to strengthen its foothold in the competitive mining industry. The company has been proactive in investing in renewable energy partnerships, further situating it as a sustainable player in the crypto space. This makes the company resonate with environmentally conscious investors who have concerns regarding the consumption of energy in mining. The post Riot Platforms Increases Bitcoin Holdings With $67.5M BTC Purchase appeared first on CoinGape .
The founder of venture capital firm Pomp Investments says that mounting US national debt is helping push Bitcoin ( BTC ) to new heights. In a new interview with Fox Business, longtime crypto bull Anthony Pompliano says that as long as the US government keeps the money printers on, the top crypto asset by market cap will continue to rally. “I think that Bitcoin is going to continue to go up as long as the government keeps printing money. So at the same time that Trump has been elected and has stepped into the White House, saying that he’s going to be the ‘first Bitcoin president’ – which obviously is very bullish for the asset class – you also see that the national debt is exploding in the last 100 days or so.” According to Pompliano, investors and institutions are increasingly using the flagship digital asset as a store of value and as a means of countering inflation, noting that the US national debt is “out of control.” “If you overlay [the rising national debt and BTC’s price], they’re like married together forever because ultimately what I think is happening is people [are] realizing the national debt leads to debasement of the currency and so if Bitcoin is a store of value, they are hiding from dollars and they’re going into Bitcoin… I mean we were adding $1 trillion every 100 days or so [to the debt], which obviously is out of control… You have tons of financial institutions and corporations who are saying, ‘Well hold on a second, let’s go buy a lot of Bitcoin.’ So you have a finite asset with tons of demand coming in and that’s leading to higher prices.” Bitcoin is trading for $104,607 at time of writing, a 3.01% increase during the last 24 hours while the US national debt is currently at $36.13 trillion , according to the US Treasury Department. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Out-of-Control Surge in US National Debt Fueling Bitcoin Rallies, Says Anthony Pompliano appeared first on The Daily Hodl .
Hedera’s recent integration with Chainlink emphasizes a strategic evolution in its DeFi and real-world asset (RWA) functionalities. Leveraging Chainlink’s secure oracle services, Hedera empowers developers with critical on-chain data, enhancing