Bitcoin

It is reported that 1998 BTCs were transferred from unknown wallets to Coinbase at 08:23 today, with a value of about $41.02 million. Interpretation of this information: Bitcoin Transfer Worth Over $41 Million to Coinbase Reported Today The cryptocurrency world is an ever-evolving and unpredictable space, and a recent transfer of 1998 BTCs (Bitcoin) worth about $41.02 million reinforces this fact. The transfer came from an unknown wallet(s) and was reported to have been completed today at 08:23. The beneficiary of the transfer was Coinbase, a popular digital currency exchange…

It is reported that 999 BTCs were transferred from Binance to unknown wallet at 07:39 today, with a value of 20355933 dollars. Interpretation of this information: The message reports the transfer of 999 Bitcoin (BTC) from Binance, one of the world’s leading cryptocurrency exchanges, to an unknown wallet at 07:39 today. The transaction had a value of 20355933 US dollars, based on the current exchange rate of Bitcoin. This news is significant in the cryptocurrency world as it could have an impact on the market price of BTC, which has…

It is reported that Marathon Digital, a Bitcoin mining company, announced the termination of the credit arrangement with Silvergate, a cryptobank. Marathon said that on March 8, the prepayment of the term loan was completed, and the company’s credit line with Silvergate Bank was terminated. It is reported that the company reduced its debt by $50 million and released Bitcoin worth about $75 million as collateral. Marathon Digital also said that it has been taking measures to support its balance sheet by repaying part of its debts and releasing restricted…

According to reports, according to people familiar with the matter, Mt. Gox Investment Fund, the largest creditor of the bankrupt cryptocurrency exchange Mt. Gox, intends to hold rather than sell the Bitcoin that will be paid to it this year. The fund chose to pay in advance in September instead of waiting for all lawsuits to be resolved. The person said that it would acquire 90% of the remaining assets of Mt.Gox at the ratio of about 70% Bitcoin and 30% cash. They declined to say how much bitcoin the…

On March 9, according to the data of TradeingView, the share price of Grayscale Bitcoin Trust rose 4% as of 10:30 a.m. EDT. At present, the discount of GBTC’s net asset value was 35.7%, which narrowed to the lowest level since last October. （The Blcok） Interpretation of this information: The Grayscale Bitcoin Trust (GBTC) has been witnessing a rise in its share price, which has increased by 4% as of 10:30 a.m EDT on March 9th, according to TradingView. The current discount of GBTC’s net asset value is at 35.7%,…

On March 9, River Financial, a Bitcoin technology and financial services company, announced that it had reached a cooperation with Bitcoin Magazine to integrate its products into Bitcoin Magazine applications, allowing Bitcoin Magazine users to create River accounts and purchase Bitcoin. At present, Bitcoin Magazine readers can read the article to obtain the sats, or use the lightning service to extract these sats into the River account. Interpretation of this information: The recent partnership between River Financial and Bitcoin Magazine is expected to boost the adoption of Bitcoin among users…

On March 9, data from CryptoQuant showed that due to the impact of Silvergate’s clearing on the market, the volume of transactions denominated in Bitcoin fell by 35% in the past 24 hours. At the same time, the total number of transactions on the Bitcoin blockchain decreased by 17% and the number of active addresses decreased by 10% in the same period. Interpretation of this information: The cryptocurrency market experienced a substantial decline on March 9, 2021, with Bitcoin suffering the most significant blow. CryptoQuant, the blockchain analytics platform, reported…

On March 9, according to the official Twitter, the encrypted wallet Xverse and Hiro announced that the version will be updated this week to support users to directly withdraw bitcoin from the Ordinals address in response to the problem that the BTC could not withdraw cash from the TwelveFold auction refund. Interpretation of this information: The official Twitter account of Xverse and Hiro announced on March 9 that an update will be released this week for their encrypted wallet aimed at solving a problem that had been affecting users. Specifically,…

According to the report, according to the data of Coinglas, the entire network has sold out US $990.772 million in the past 24 hours. Among them, Bitcoin and Ethereum were $23816100 and $12486500 respectively. Interpretation of this information: The message provides information on the sales volume of cryptocurrencies on the Coinglas platform in the past 24 hours. The platform has sold out a total of US $990.772 million, with Bitcoin and Ethereum being the two most popular cryptocurrencies sold, with sales of $23816100 and $12486500 respectively. The message highlights the…

It is reported that 9302 BTCs were transferred from Coinbase to unknown wallets at 08:06 today, with a value of about US $200 million. Interpretation of this information: Bitcoin has been dominating the digital currency market for the past decade, and its popularity seems to be increasing constantly. However, this has also made it a target for various fraudulent activities, including hacking and theft. A recent report indicates that 9302 Bitcoins (BTCs) were transferred from Coinbase to unknown wallets at 08:06 today, with an approximate value of US $200 million….

According to reports, the data showed that the trading volume of derivatives of Bitcoin and Ethereum in US dollars continued to rise in February. The trading volume of futures and options of Bitcoin increased by about 13%, while the trading volume of futures and options of Ethereum increased by 2% and 30% respectively. Under the background of hot supervision, the spot trading volume continued to rise, and this growth occurred in this context. Last month, the trading volume of Bitcoin futures in all exchanges was 791 billion US dollars, up…

On March 8, River, a Bitcoin technology company, announced to cooperate with Bitcoin Magazine to establish a lightning partnership to promote the adoption of Bitcoin. It is understood that River mainly provides Bitcoin brokerage accounts, lightning network and mining services. （prnewswire） Interpretation of this information: The recent announcement made by River, a Bitcoin technology company, highlighted their partnership with Bitcoin Magazine in promoting the adoption of Bitcoin. This collaboration between two industry players reinforces the notion that the role of Bitcoin in the financial industry continues to grow. River’s primary…

It is reported that Amundi, the largest asset management company in Europe and with a market value of US $2 trillion, said: “If the inflation rate is still higher than the target, the limited supply of Bitcoin may attract more attention.” Interpretation of this information: Amundi, the largest asset management company in Europe, has made a statement regarding Bitcoin’s potential as a hedge against inflation. The company, with a market value of USD 2 trillion, believes that if the inflation rate remains higher than the target, the limited supply of…

According to the report, Whale Alert data showed that 999 BTCs (worth 22.16 million US dollars BTC) were transferred from Coin An to Unknown Wallet. Interpretation of this information: The message suggests that a significant amount of bitcoins has been transferred from one cryptocurrency exchange platform to an unidentified wallet address. According to the Whale Alert, 999 BTCs equivalent to 22.16 million US dollars were moved from the sender’s wallet, referred to as Coin An, to the recipient, Anonymous Wallet, whose identity is not disclosed. The significance of this transaction…

According to reports, Hany Rashwan, CEO of cryptocurrency company 21. co, said that the difficulties of Silvergate Bank, including the closure of its cryptolending platform SEN, would not necessarily affect the price of BTC. On the contrary, the recent price level is attributed to macroeconomic factors. The story of Silvergate has not yet been determined, but the price performance of BTC is now affected by macroeconomic factors, and inflation is still rampant. I think we haven’t got out of the trouble yet. We will continue to see interest rates rise,…

According to the report, the market shows that BTC has fallen below 22000 US dollars, and is now trading at 21988.0 US dollars. The intra-day decline has reached 2.08%. The market fluctuates greatly. Please do a good job in risk control. Interpretation of this information: The message highlights the current market conditions of Bitcoin, indicating that it has fallen below the significant level of 22000 US dollars and is currently trading at 21988.0 US dollars. The report suggests that there has been a sharp intra-day decline in the value of…

On March 7, according to the data of Dune Analytics, more than 53000 Bitcoin. Sats domain names developed based on the Ordinals protocol have been minted. The number of independent domain names after the duplication has reached 42000, and the number of independent casting addresses is close to 24000, resulting in a cost of 105 million SATS (about 23000 US dollars). Sats Names is the standard for writing names into Bitcoin using ordinal numbers. The goal is to establish a domain name ecosystem for Bitcoin. The first domain name “helloworld….

According to reports, Nigel Green, CEO and founder of deVere Group, said that with the acceleration of the work of the US government on the potential CBDC, this means that the digital dollar may soon become a reality in the United States, and the reason for adopting Bitcoin has become “significantly stronger”. Interpretation of this information: The CEO and founder of deVere Group, Nigel Green, predicts that the digital dollar, or Central Bank Digital Currency (CBDC), may soon become a reality in the United States due to the acceleration of…

It is reported that 1878 BTCs were transferred from unknown wallets to Coinbase at 08:15 today, with a value of about US $44.12 million. Interpretation of this information: The cryptocurrency world has been buzzing with news of a large transfer of Bitcoin that occurred on July 28th, 2021. According to reports, a total of 1,878 Bitcoin was transferred from unknown wallets to Coinbase at 8:15 am. The total value of this transaction has been estimated to be approximately 44.12 million US dollars, which is a substantial amount of money by…

According to reports, Glassnode data shows that BTC activity has just reached a two-year low, with a value of 0.604. Interpretation of this information: The recent findings of Glassnode data reveal that the level of activity in the Bitcoin network has hit a two-year low. This is a concerning development, given that Bitcoin is the most widely used cryptocurrency in the world, and its activity level is considered a leading indicator of market trends. Activity levels in the Bitcoin network are measured using several metrics, such as transaction volume, prices,…