BTC
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Binance Converts $1 Billion Recovery Plan Funds from BUSD to Native Cryptocurrencies
On March 13, CZ, the founder of Binance, said in a message on social media that, considering the changes in stable currency and bank, Binance will convert the remaining US $1 billion of industrial recovery plan funds from BUSD to native cryptocurrency, including BTC, BNB and ETH. Some capital flows will occur on the chain to ensure transparency. CZ: US $1 billion “Industry Recovery Fund” will be converted from BUSD to BTC, BNB and ETH Analysis based on this information:Recently, CZ, the founder of Binance, announced in a social media post that the remaining $1 billion of the Industrial Recovery Plan Funds will be converted from BUSD to native cryptocurrencies like BTC, BNB, and ETH. This move was taken given the changes in stable currency and the banking system. Capital flows will be monitored closely to maintain transparency. Binance is a cryptocurrency exchange located in Malta that provides a platform for users to trade various digital currencies. BUSD is a…
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US Government Transfers Seized BTC to Coinbase
It is reported that 49000 BTCs (worth US $1 billion) in the wallets seized by law enforcement departments of the US government have been transferred to Coinbas…
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BTC Market Falls Below $20,000: Understanding the Significance of Market Fluctuations
According to the report, the market shows that BTC has fallen below $20000, and is now trading at $19992.0. The intra-day decline has reached 0.03%. The market…
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BTC Market Report: Intra-Day Decline Reaches 4.59%
According to the report, the market showed that BTC fell below US $21000 and is now trading at US $20982.4. The intra-day decline reached 4.59%. The market flu…
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BTC Market Fluctuates, Risk Control is Needed
According to the report, the market showed that BTC fell below US $21500 and is now trading at US $21494.8. The intra-day decline reached 2.74%. The market flu…
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BTC and ETH Maximum Pain Point: The Implications of Expired Option Contracts
On March 10, according to Deribit data, option contracts with more than US $500 million BTC and US $360 million ETH will expire and be delivered today. The max…
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BTC Market Update and Risk Control
According to the report, the market showed that BTC fell below US $20000 and is now trading at US $19996.7, with a intra-day decline of 7.77%. The market is vo…
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Grayscale’s Total Position and Trust Premium Rate Plunge
According to the report, the data shows that the current total position of grayscale is 19.129 billion US dollars, and the trust premium rate of mainstream cur…
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Silvergate Bank Difficulties may not Affect BTC Price, says CEO of Cryptocurrency Firm
According to reports, Hany Rashwan, CEO of cryptocurrency company 21. co, said that the difficulties of Silvergate Bank, including the closure of its cryptolen…
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BTC Market Falls Below $22,000
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 reach…
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Institutional Investors Looking Beyond BTC and ETH
On March 6, David Duong, the research director of Coinbase, said in the latest interview with the cryptocurrency analyst Scott Melker that institutional invest…
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BTC Market Shows Volatility with New Highs and Lows
According to the report, the market shows that BTC has exceeded US $22500 and is now reported at US $22500.4, with a intra-day decline of 0.19%. The market flu…
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BTC market volatility triggers risk control
According to the report, the market shows that BTC has fallen below 22000 US dollars and is now trading at 21998.6 US dollars. The intra-day decline has reache…
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BTC market volatility raises concerns
According to the report, the market shows that BTC has fallen below 23000 US dollars and is now reported at 22985.2 US dollars. The intra-day decline has reach…
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Large Bitcoin Transfer from Gemini to Unknown Wallet
It is reported that 1999 BTCs were transferred from Gemini to unknown wallet at 06:57 today, with a value of about US $47.04 million.
About $47.04 mill…
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BTC exceeds $24,000 with a daily increase of 3.08% – Risk control advised
According to the report, the market shows that BTC has exceeded 24000 US dollars and is now reported at 24006.1 US dollars, with a daily increase of 3.08%. The…
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BTC Supply Hits Record High of 51%
It is reported that according to the data of Glssnode, the percentage of supply of BTC that has been active for more than two years has just reached a record h…
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BTC Market Fluctuates, Risk Control Needed
According to the report, the market shows that BTC has fallen below 23000 US dollars and is now reported at 22990.9 US dollars. The intra-day decline has reach…
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Decrease in the Number of BTC Receiving Addresses Signals an Impending Market Shift
According to reports, Glassnode data showed that the number of BTC receiving addresses (MA on the 7th) was 31547.589, reaching a one-month low.
The num…
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Bitcoin permanent futures on Bitlinex reaches 3-month high
According to reports, Glassnodes data showed that the trading volume of BTC permanent futures contracts on Bitlinex (24 hours) had just reached a three-month h…