Tag #Cryptocurrency

npr.org
🌐 85% Global Worthiness
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U.S. Stock Market Soars in 2024 Amidst Economic Uncertainty

The U.S. stock market soared in 2024, with the S&P 500 up over 23%, driven by a healthy economy, falling inflation, and the AI boom; however, concerns remain about the long-term effects of President-elect Trump's policies.

Progress

44% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Africa's Bitcoin Mining Boom: Ethiopia Leads the Charge

As of December 2024, Africa accounts for 3% of global Bitcoin mining hashrate, with Ethiopia leading at 2.5%—double its 2023 output—using renewable energy and generating \$55 million in revenue for Ethiopia Electric Power. This success is prompting other nations like Kenya and Nigeria to adopt Bitco...

Progress

60% Bias Score

Affordable and Clean Energy
cincodias.elpais.com
🌐 85% Global Worthiness
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AppLovin and MicroStrategy Lead 2024 Market Cap Surge

In 2024, AppLovin's 713% valuation increase propelled it from 655th to 136th globally, while MicroStrategy's Bitcoin holdings fueled its rise from 659th to 247th, highlighting the impact of AI, e-commerce, and cryptocurrency on market capitalization.

Progress

60% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 90% Global Worthiness
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Chalmers Warns of Crypto-Driven Financial Crisis

Treasurer Jim Chalmers warns of systemic risks to Australia's financial system from incorporating cryptocurrencies, citing potential US deregulation under President Trump and the inherent worthlessness and volatility of crypto assets.

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56% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Bitcoin Dips Below $91,500 Amidst Bull Market, Analysts Weigh In

Bitcoin's price fell below $91,500 on December 30, 2024, its lowest since late November, after reaching a high of over $108,000 on December 17, 2024; however, analysts cite a broader upward trend, institutional demand, and potential use as a strategic reserve asset as factors that could propel price...

Progress

40% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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MicroStrategy's Bitcoin Bet: \$75 Billion Gamble

In 2020, MicroStrategy invested \$250 million in bitcoin; by 2024, this strategy increased its market capitalization to nearly \$75 billion, but this reliance on bitcoin also poses significant financial risks.

Progress

48% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 85% Global Worthiness
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Bitcoin's 2024 Surge: Volatility and ETF Impact

Bitcoin's price more than doubled in 2024, reaching near \$95,500, driven by US election optimism and ETF introductions; however, recent price drops reflect slower Fed rate cuts and profit-taking, impacting related stocks differentially.

Progress

44% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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DeSci Gains Momentum: \$750 Million Market Cap and Growing Investor Interest

Decentralized Science (DeSci), a \$750 million market cap movement leveraging blockchain for scientific research, is gaining momentum with increased funding from major Web3 investors like Binance Labs and Vitalik Buterin, driven by public demand for transparency and the potential to accelerate innov...

Progress

44% Bias Score

Quality Education
theglobeandmail.com
🌐 90% Global Worthiness
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Bitcoin Surges Past US\$100,000 on ETF Approvals and Trump Win

Bitcoin's price exceeded US\$100,000 in 2024 due to SEC approval of spot Bitcoin ETFs, Donald Trump's election, and increased institutional investment, resulting in a US\$3.5 trillion crypto market cap but also creating winners and losers among crypto mining companies.

Progress

56% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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Bitcoin Surges Past \$100,000 After Trump Victory; 2025 Price Predictions Vary Widely

Bitcoin's price exceeded \$100,000 in December 2024 following Donald Trump's election win, driven by expectations of pro-crypto policies, ETF approvals, and institutional investments; 2025 price predictions range from \$80,000 to \$250,000.

Progress

52% Bias Score

Reduced Inequality
bbc.com
🌐 85% Global Worthiness
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Trump's Win Fuels Bitcoin Surge, AI Integration into Smartphones Sparks Privacy Debate

Following Donald Trump's 2024 reelection, Bitcoin's value exceeded \$100,000 due to anticipated pro-crypto policies under his administration, contrasting with 2022's downturn after the FTX collapse. Artificial intelligence (AI) tools are integrating into smartphones, raising concerns about data priv...

Progress

44% Bias Score

nos.nl
🌐 85% Global Worthiness
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Global Stock Markets Soar in 2024

The 2024 stock market experienced a globally strong year, with the MSCI World index returning almost 20%, driven by the US market's success and fueled by deregulation, lower taxes, and cheap energy; the AEX in Amsterdam closed at 878.63 points, a +11.67% increase, while Bitcoin surged almost 130%.

Progress

48% Bias Score

Decent Work and Economic Growth