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Markus Thielen from 10x Research perceives a "real possibility" of a lower CPI figure in the US on 12th February, which could go against consensus expectations and potentially spark a Bitcoin rally.
Quick Take Strategy has recommenced its bitcoin acquisitions, purchasing an additional 7,633 BTC for around $742.4 million at an average price of $97,255 per bitcoin. These recent acquisitions come after the sale of Strategy shares equivalent to the same value.
The official X account of the President of the Central African Republic announced a memecoin named CAR. The launch of the memecoin is described as an experiment to determine if a meme can "unite people" and support the "national development" of the Central African Republic.
Quick Take The prices of various cryptocurrencies have dipped after President Trump told reporters that he plans to implement new 25% tariffs on steel and aluminium next week. The price of Bitcoin, which briefly surpassed $100,000 on Friday, has slid to around $95,000, with Ethereum down 3.5% in the past 24 hours. The price action comes shortly ahead of Super Bowl LIX, expected to be the most-watched telecast of the year.
Bitcoin's historical price data suggests potential for new all-time highs in Q1, yet liquidity gaps below $80,000 might cause a short-term price decline.
Bitcoin could reach $150,000 this cycle, and if it surpasses that price level, it will probably "come back down through it," says Glassnode analyst James Check.
The group will focus on creating a federal regulatory framework for digital assets, including stablecoins, and will work to assess the establishment of a "strategic national digital assets stockpile."
Markus Thielen from 10x Research states that Bitcoin is moving in $18,000 increments and forecasts it could reach $122,000 by February.
AI-driven meme coins utilise artificial intelligence for personalised content, real-time analytics, and enhanced user engagement. While these innovations present exciting possibilities, the long-term success of this sector will depend on addressing key challenges.
- 03:47Ethereum's net supply increased by 18,469 in the past 7 daysJinse Finance reported that on November 30, according to data from Ultrasound.money, Ethereum's net supply increased by 18,469 ETH over the past 7 days. During this period, the supply increased by approximately 18,619 ETH, while 141 ETH were burned through the burn mechanism. The current annual supply growth rate is 0.795%.
- 03:46On-chain Whale Movements Overview: Ethereum ICO Address Dormant for Over 10 Years Activated, Bitmine-Linked Address Continues to Accumulate ETHAccording to ChainCatcher, monitored by Hyperinsight, here is an overview of the on-chain activities of popular active whales in the past 24 hours: The "1011 Insider Whale" opened a 5x ETH short position with a position size of $15 million (5,000 ETH), entry price at $3,001.81, and liquidation price at $5,056. The whale closed the ETH short position early this morning, making a profit of $55,000, with the final closing price at $2,989.85. "Brother Machi" Huang Licheng increased his ETH long position to 25x leverage, totaling $28.6 million, with an opening price of $2,981.59 and a liquidation price of $2,885.75. He also holds approximately $880,000 in HYPE long positions, with an opening price of $34.411. A whale address that "switched to spot trading after suffering large contract losses" increased its holdings by 1,000 ETH. This whale currently holds 7,066 ETH worth $21.22 million and has 4.78 million USDC idle, indicating a high possibility of further ETH purchases. Among the recent 26 million HYPE (worth $91 million) unstaked by the HyperLiquid team, 854,254 HYPE (worth $29.9 million) were restaked into the same wallet. Subsequently, 1,745,746 HYPE (worth $61.1 million) were transferred to 29 new wallets. So far, 609,100 HYPE (worth $21.3 million) have been sent from 10 of these wallets to Flowdesk (an OTC trading institution). An Ethereum ICO address "0x2dCA" that had been dormant for over 10 years was activated this morning, transferring 5 ETH to a new address for testing, and then transferring the remaining 39,995 ETH, worth about $1.194 billion. This address originally purchased 40,000 ETH for about $12,400 during the ICO phase, resulting in a cumulative gain of approximately 9,639 times at current prices. The "ancient ETH whale from 2016 with a cost as low as $203.22" has reportedly sold 7,000 ETH through Wintermute over the past month, with an average transfer price of $3,024, which would yield a profit of $19.745 million if sold. This whale deposited 1,000 ETH (worth $3.01 million) to Wintermute this morning and still holds 26,992.67 ETH, with a total value of about $80.99 million. A newly created address associated with Bitmine, the largest ETH holding institution, received 16,693 ETH from FalconX this morning, valued at $50.1 million. .
- 03:46Swiss crypto bank Amina Bank completes DLT settlement test via Google CloudChainCatcher reported that Swiss crypto bank Amina Bank, together with Crypto Finance Group and its partner banks, recently completed a distributed ledger technology (DLT) pilot through Google Cloud Universal Ledger: achieving fiat currency settlement between Swiss regulated banks in near real-time, 24/7. This pilot did not introduce new digital currencies, but continued to use traditional commercial bank funds, demonstrating that DLT technology can be seamlessly integrated into traditional banking systems under existing regulatory and compliance frameworks. According to the official statement, this achievement lays the foundation for the future promotion of "cross-border payments," "multi-currency settlement," and "physical point-of-sale (POS) integrated payments," indicating that the traditional financial system may usher in a transformation towards Web3/blockchain infrastructure.