according to Cointelegraph, U.S. prosecutors have appealed the sentence of the co-founders of the cryptocurrency mining service company HashFlare. Prosecutors believe that HashFlare co-founders Sergei Potapenko and Ivan Turõgin should be sentenced to 10 years in prison, and have appealed the decision.
according to Ark Invest Tracker, ArkInvest reduced its holdings of 1952 shares of Coinbase stock yesterday, calculated at a closing price of $308.48 per COIN, worth approximately $602,000.
according to on-chain analyst OnchainLens (@OnchainLens), a certain whale address once again withdrew 20 million DOGE from Binance, worth about $4.43 million. Currently, this whale holds 52.9 million DOGE, worth about $11.71 million.
a survey conducted by the UK insurance company Aviva showed that 27% of UK adults are willing to include cryptocurrency in their personal retirement plans. The survey shows that among those interested, over 40% are driven by the prospect of high returns, and another 23% would consider withdrawing part of their pension for cryptocurrency investments.
Martin, Deputy Governor of the Swiss National Bank, stated that the Swiss National Bank does not manipulate the Swiss franc. Maintaining independence is crucial. Bitcoin does not meet our standards for assets. (Jinshi)
since the launch of XRP futures by CME Group, it took only a little over three months for the open interest to exceed $1 billion, surpassing the speed of Solana futures. Currently, the total nominal open interest of CME Group's cryptocurrency futures product portfolio has exceeded $30 billion.
according to Onchain Lens monitoring, a newly created wallet deposited 2.59 million USDC into HyperLiquid and opened a long position for XPL with 1x leverage.
James Check, chief analyst at Glassnode, said that the market cycle of Bitcoin is not anchored as commonly believed in the halving event, but is driven by other factors that alternate between bull and bear markets. "In my opinion, Bitcoin has gone through three cycles, but they are not centered around the halving event." Check said on Wednesday that he was referring to the event of reducing mining rewards every four years in the blockchain. He pointed out that the market cycle actually operates around "adoption trends and market structure", with the market peak in 2017 and the bottom in 2022 being key turning points. Check divided the first three cycles into: "Adoption Cycle" (2011 to 2018), driven by early adoption by retail investors; "Growth Period Cycle" (2018 to 2022), driven by "wild west-style boom and bust with high leverage"; "Mature Cycle" (2022 to present), driven by "institutional maturity and stability". He said: "The situation changed after the bear market in 2022, those who assume history will repeat itself may miss the real signals because they are focused on historical noise."
according to The Block, Nasdaq-listed medical service company KindlyMD announced on Tuesday that it has submitted a shelf registration statement, planning to issue up to $5 billion worth of shares on the market. The company stated that the net proceeds will be used to support general corporate purposes, including expanding its Bitcoin treasury.
according to the on-chain analysis platform Lookonchain (@lookonchain), due to the manipulation of the XPL price on Hyperliquid by a giant whale, a trader's XPL short position was completely liquidated, resulting in a loss of $4.59 million.
according to the encrypted analysis organization TokenLogic, the net value of the Aave treasury (excluding AAVE) has reached a record high of $132.7 million, with a year-on-year growth of 130%. If AAVE is included, the treasury balance is approximately $329 million.
according to analyst Yu Jin's monitoring, whales have significantly increased their holdings of Bitcoin in the past 24 hours. The investor first withdrew 145 WBTC from the Binance exchange to their personal wallet, then deposited these assets into the Aave lending platform as collateral, borrowed about 13 million USDT, and used this fund to buy another 117.5 WBTC.
the market shows ETH breaking through $4600, now at $4600.63, with a 24-hour increase of 4.37%. The market is fluctuating significantly, so please be prepared for risk control.