$BTC Witnesses a decline of 0.95% throughout the week, while Ethereum (ETH) performed slightly better, closing the week up 2.3%. Interestingly, the total market capitalization of cryptocurrencies increased by 4.7% from $3.286 trillion to close the week at $3.442 trillion.

Liquidations this week led to the liquidation of positions in both directions, with $365 million in short positions liquidated on Monday, while long positions were impacted later in the week, totaling $1 billion in liquidated long positions on Thursday and Friday. Financing rates remain generally weak, with the downward trend continuing, indicating a tendency to avoid risk as the end of the week approaches.

Michael Saylor's strategy involves acquiring 1,045 BTC for a total of $110.2 million at an average price of $105,426 per Bitcoin. - Link

Gamestop announced the issuance of $1.75 billion in convertible bonds with a 0% interest rate, maturing in 2032. Proceeds are allowed to be used for purchasing Bitcoin. - Link

$BTC The U.S. Securities and Exchange Commission has requested Solana ETF issuers to submit amendments to their S-1 filings, with approval possibly coming in the next few months.