In the past week, there has been a significant movement in the Bitcoin reserve market. Data shows that 62 major updates related to Bitcoin hoarding have been recorded, with approximately 29,500 Bitcoins released into the market.
During this period, there have been 8 new Bitcoin reserves in the market, totaling 20,368 Bitcoins. At the same time, 10 future reserve fund plans have been announced, which are expected to invest at least $132 million to purchase Bitcoins.
It is worth noting that 24 companies increased their holdings by 9,183 Bitcoins during this period, demonstrating institutional co

Recently, Cuy Sheffield, the head of cryptocurrency operations at Visa, expressed a thought-provoking view, suggesting that while stablecoins are gaining traction, their impact on traditional payment giants is limited.
Sheffield pointed out that although stablecoins provide an option to bypass credit card payments, Visa sees it as an opportunity rather than a threat. Currently, stablecoins are mainly used for large transfers, while their usage in everyday small transactions remains low. He believes that the true potential of stablecoins lies in developing countries with a shortage of dollars,

Latest updates show that El Salvador's enthusiasm for Bitcoin investment remains high. The country has increased its holdings by another 8 Bitcoins in the past week, bringing its total holdings to 6250 coins. This move not only demonstrates the El Salvador government's firm confidence in Digital Money but may also inject a boost into the Bitcoin market.
As the first country in the world to adopt Bitcoin as legal tender, El Salvador's every accumulation is closely watched by the market. Although this small increase is not significant in quantity, it conveys a clear message: even in the face of

Recently, several notable developments have emerged in the fields of digital art and Web3.
A highly anticipated NFT auction event has stirred waves in the art world. A famous auction house sold a digital artwork titled "Living Memory: Messi - A Goal in Life" for a high price of $1.87 million. This piece was created by renowned new media artist Refik Anadol, recreating a classic goal moment of football superstar Lionel Messi in 2009. The artist cleverly combined slow-motion imagery and artificial intelligence visual technology to capture Messi's movements, heartbeat, and voice, showcasing the p

In the current economic tightening, we observe an interesting phenomenon: the rich get richer, and the poor get leaner. This trend is not only reflected in traditional consumer sectors but also extends to the digital asset market.
The consumer market shows a polarized trend. On one end are luxury services targeting ultra-high-net-worth individuals, while on the other end are affordable brands like Pinduoduo and Uniqlo. The mid-range market has almost been completely dismantled, and this change has also affected people's lifestyles and entertainment choices.
Against this backdrop, home culture

The crypto assets market has ushered in a significant turning point! The latest data shows that the spot trading volume of Ethereum (ETH) has surpassed that of Bitcoin (BTC) for the first time, a phenomenon that has not occurred in over a year, attracting widespread attention in the industry.
Specific data shows that last week the Ethereum volume reached 25.7 billion USD, while Bitcoin was 24.4 billion USD. Although the gap is only 1.3 billion USD, this slight lead has significant implications.
This phenomenon reflects the vigorous development of the Ethereum ecosystem. Concepts such as decent

The crypto assets market is undergoing a critical turning point, with various factors intertwining to influence the market direction.
A long-term investor holding 80,000 coins of Bitcoin recently completed the liquidation of all holdings, with a total value of approximately 9 billion USD. This move caused quite a stir in the market, but did not lead to a significant drop in Bitcoin prices, demonstrating the resilience of the current market.
Meanwhile, another large investor opened a new shorter position when the price of Bitcoin reached $116,000, with a total value of approximately $135 millio

The current cryptocurrency market situation does not exhibit typical bull run characteristics, and we need to maintain caution and strategic consistency. Bitcoin may pull back to the key support level near 108,000, while Ethereum could potentially retreat to the 3,000 area. This pullback may be institutional investors looking to secure better entry points, especially those Ethereum holders who accumulated around 2,000.
Bitcoin seems to be waiting for Ethereum to complete its adjustment cycle, after which the two major cryptocurrencies may experience significant declines. It is worth noting tha

Bitcoin is advancing towards monetization, a trend that is attracting the attention of giants in the financial sector. Eli Ben-Sasson, the CEO of StarkWare, recently stated that the future of Bitcoin is to become a currency. His company has already taken concrete actions to convert its reserves into Bitcoin, demonstrating confidence in this digital asset.
At the same time, Larry Fink, the CEO of global asset management giant BlackRock, also expressed a positive view on Bitcoin. In his latest letter to shareholders, he mentioned that if U.S. Treasury bonds face serious issues, Bitcoin could bec

Good evening, crypto assets investors. Today's market situation can be described as turbulent. The long-awaited pullback has finally arrived, making the market atmosphere suddenly become complicated.
For investors holding short positions, this is undoubtedly good news, as the long-awaited opportunity to break free has finally arrived. However, for those who entered at a high price earlier, this pullback may put them in a temporary predicament.
This again confirms an investment truth: when the market rises rapidly, blindly chasing the highs is often dangerous. Looking at previous daily charts,