2024-12-14 04:52:58

#Join Gate Post User Survey & Win $1,000 Massive Bitcoin and Ethereum investment from Exodus Movement

Digital asset wallet provider Exodus Movement has announced that it has a total of $200 million worth of Bitcoin (BTC) and Ethereum (ETH) investments. According to the company's official statement, as of December 11, Exodus holds 1,900 BTC and 2,660 ETH.
This development further strengthens Exodus' financial structure. James Gernetzke, the company's CFO, said, "We generate a large portion of our revenue through Bitcoin and USDC. We added 100 BTC to our treasury with the earnings we achieved in the last quarter."
RIOT Platforms 5.117 Bitcoin bought more
RIOT Platforms, one of the leading Bitcoin mining companies in the United States, recently purchased a total of 5,117 Bitcoins for a sum of 510 million dollars. The average price paid per BTC by the company was recorded as 99,669 dollars.
With this purchase, RIOT's total Bitcoin holdings reached 16,728 BTC. In addition, the total value of these assets reached approximately 1.68 billion dollars. Company CEO Jason Les noted that the Bitcoin productions in December are also included in these assets. Last week, RIOT also carried out a $525 million bond issuance. Analysts consider these investments as a significant indicator of the company's future growth plans.
#Crypto Rebound: Which Coins Are You Watching? #BTC Returns to $100K: What’s Next? #Join Gate Post User Survey & Win $1,000

BTC0.61%

ETH0.64%

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WanJun

· 2024-12-14 05:00

In the first half of 2024, nickel prices surged and then fell back, as the cost support below remained. After reaching a temporary low in late July, the overall price showed a pattern of hitting the bottom and rebounding, with limited upward and downward momentum. Returning to the fundamentals, there is oversupply, and the limited improvement in downstream consumption has limited impact on price increases. Overall, nickel prices have been relatively stable this year, with Shanghai nickel ranging from a high of 160,000 to a low of 119,000, mainly fluctuating in the range of 120,000 to 140,000. Looking ahead to the next year, it is expected that both the upward and downward momentum of nickel prices will not be strong. The main contradiction still lies in the supply side. In 2025, it is expected that the price difference between products will further converge internally and externally, the price center will shift downward, and the expected range for LME nickel is $14,500-18,500 per ton; and for Shanghai nickel, it is 120,000-170,000 yuan per ton.

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