Bitcoin

It is reported that 2025 BTCs were transferred from Unknown Wallet to Coinbase at 07:09 today, with a value of about $45.04 million, and 2000 BTCs were transferred from Coinbase to Unknown Wallet at 07:17 today, with a value of about $44.46 million. Interpretation of this information: The message reports on two significant transactions that took place on the Bitcoin network between an Unknown Wallet and the Coinbase exchange platform. In the first transaction, 2025 BTCs were moved from an unknown wallet into a Coinbase wallet at 07:09, with a…

It is reported that according to a document, the hedge fund Armistice Capital holds 9.9% of the beneficial ownership shares of the Bitcoin mining company Stronghold Digital Mining. The fund holds the existing shares of the company, but it is not clear how large the shares are before the application is submitted today. Interpretation of this information: The recent news that hedge fund Armistice Capital holds 9.9% of the beneficial ownership shares of Stronghold Digital Mining is likely to have significant implications for the Bitcoin mining company. While the report…

According to the report, the market shows that BTC has broken through 22000 US dollars and is now reported at 22004.8 US dollars, with a daily increase of 1.58%. The market is volatile, so please do a good job in risk control. Interpretation of this information: The market report reveals that the price of Bitcoin (BTC) has surged to an all-time high, surpassing the $22,000 mark and currently standing at $22,004.8, which is approximately a 1.58% daily increase in value. This would suggest a positive trend towards cryptocurrency adoption as…

On February 14, Bloomberg Intelligence released the February 2023 Encryption Industry Outlook. Bloomberg analyst Mike McGlone wrote on social media that the market is still worried about cryptocurrency and other risk assets. Investors are not sure whether the main risk assets such as Bitcoin are rebounding in the bear market or bottoming out. The price trend of Bitcoin in February is very challenging. Recently, it has begun to fall from the resistance level of $24000 to the support level of $21750, and is forming a terrible head and shoulder pattern,…

According to the report, Dune Analytics data shows that since the launch of the Bitcoin network NFT protocol Ordinals in mid-December, users have written nearly 74000 NFTs into the Bitcoin blockchain. So far, Bitcoin miners have accumulated 574000 dollars in BTC transaction costs. These NFTs include Bitcoin Punks and OnChainMonkey. Interpretation of this information: The recent report suggests that the Bitcoin blockchain has been seeing an increasing number of non-fungible tokens (NFTs), with nearly 74,000 NFTs being written since the launch of the Ordinals NFT protocol in mid-December. These NFTs…

According to the CoinShares report, the net outflow of digital asset investment products last week was 6.8 million US dollars. Among them, the net outflow of Bitcoin investment products was US $10.8 million, the net inflow of Ethereum investment products was US $5.1 million, and the net outflow of investment products short of Bitcoin was US $3.5 million. Interpretation of this information: The CoinShares report on digital asset investment products reveals that the previous week saw a net outflow of approximately $6.8 million. Interestingly, while the outflow primarily came from…