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16:53
Wang Feng: Bitcoin May Reach an Unimaginable Price
Wang Feng, founder of Linekong Interactive, stated yesterday that there is no need to sigh over gold prices surpassing $4,400 per ounce. The essence of humanity's return to the golden age is the search for universally recognized scarcity. He believes that the wave of artificial intelligence technology is causing sovereign currencies to gradually decline, and a new round of productivity explosion will lead to severe devaluation of currencies, including the US dollar. Bitcoin may reach unimaginable price levels.
16:51
Wang Feng: Humanity is Seeking a Scarce Universal Consensus, Bitcoin's Price Breakthrough Is Inevitable
BlockBeats News, December 24th. Yesterday, Wang Feng, the founder of Linekong Interactive, expressed his views on the record high for gold and the future market trend of Bitcoin, saying: "The gold price has broken through $4400 per ounce. There is no need to sigh for missing out. The essence of humanity's return to the golden age is to seek a scarce universal consensus. Compared to superpower cold wars and regional conflicts, the technological wave of artificial intelligence (including robots) is driving any sovereign currency towards insignificance. Regardless of any monetary policy, in the midst of a new round of explosive productivity, including the US dollar, all currencies will inevitably suffer severe devaluation. The moment when Bitcoin breaks through the unimaginable price is bound to come. Don't rush, let the bullets fly for a while."
16:43
Solana treasury company Upexi submits $1 billion shelf registration application to the US SEC
BlockBeats News, on December 24, Upexi, a US-listed Solana crypto treasury (DAT) company, submitted a $1 billion shelf registration application to the US Securities and Exchange Commission (SEC) to raise funds through various securities offerings. The company currently holds about 2 million SOL tokens, making it the fourth largest SOL asset holder among listed companies. The potential proceeds may be used for a variety of purposes, including working capital, research and development, and debt repayment. It is worth noting that Upexi's share price has fallen from a peak of $22.57 in May to $1.825, with another 8.3% drop during today's session. Its current market capitalization is reported at $115 million.
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