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Mike McGlone, senior commodities strategist at Bloomberg Intelligence, believes that 2 [...]
The article, "Bloomberg strategist Mike McGlone warns: Bitcoin will first fall to $50,000 next year, and then crash to $10,000," was originally published on BlockTempo, the most influential ABMedia media.

Bloomberg strategist Mike McGlone warns: Bitcoin will first fall to $50,000 next year, and then crash to $10,000.

Daily market data review and trend analysis, produced by PANews.
1. Market Observation: At the start of the new week, the precious metals market was the first to be affected. After spot silver broke through $84/ounce to reach a record high, it encountered profit-taking pressure, quickly plunging and turning into an intraday decline, eventually fluctuating around $78. This rollercoaster ride directly impacted related financial products. Spot gold retreated from its historical high of nearly $4550, while platinum and palladium both fell by close to or more than 7%. Besides the traditional logic of Fed rate cut expectations and continued central bank gold purchases, the market began pricing in "commodity control"...

Trading Moments: Silver plunges after hitting a new high; institutions warn of potential correction in precious metals; Bitcoin exhibits a "Dead Cat Bounce"?

Original article | Odaily Odaily(@OdailyChina)
Author | Dingdang (@XiaMiPP)
This is the story of Meme coin, which was supposed to be dead, but unexpectedly revived from the bottom after being almost forgotten by the market.
White Whale's market capitalization has surged nearly 500 times in less than a month, from less than $100,000, to a current value of $57 million. The community is now declaring that the next target is $100 million.
The familiar Meme coin scheme...