Currently, 23% of all Bitcoin (4.56 million BTC) are sitting in unrealized losses. 👀
The percentage of profitable Bitcoin has dropped from 99% to 76%. 📉 Interestingly, during the previous consolidation phase, this figure fell to 70%, hinting at a similar market macro cycle. It looks like history is repeating itself in the crypto world! 🤔
🤖 AI agent tokens have lost 40% of their market value, dropping from $10B to $6.6B. Factors include profit-taking, market saturation, and broader AI industry challenges. Some analysts remain hopeful for a long-term rebound🔽
Bitcoin's decline triggered a broader altcoin sell-off, with XRP and Dogecoin dropping over 12%. Traders were disappointed by Trump's plan for a U.S. bitcoin reserve, leading to over $1.5 billion in liquidations 📉
Bitcoin's decline triggered a broader altcoin sell-off, with XRP and Dogecoin dropping over 12%. Traders were disappointed by Trump's plan for a U.S. bitcoin reserve, leading to over $1.5 billion in liquidations 📉
Analysis: If the U.S. Government liquidates its holdings of altcoins, it could acquire approximately an additional 5,000 bitcoins.📣
The U.S. government currently holds 60,850 ETH worth $122.96 million, 122 million USDT, 750.722 WBTC worth $61.69 million, and 40,293 BNB worth $22.34 million. If all altcoin holdings are liquidated, the government could add approximately 5,004.55 BTC to its treasury.
Thailand’s regulator recognizes Tether’s USDT as an approved cryptocurrency, allowing it to be legally traded in the Thai market and potentially used for payments. The regulation is set to take effect on March 16, 2025.
Spain's second-largest bank, Banco Bilbao Vizcaya Argentaria (BBVA), has received regulatory approval in Spain to offer BTC and ETH trading, as the Markets in Crypto-Assets (MiCA) regulation takes full effect across the EU.
【Cryptocurrency】 Thailand’s regulator recognizes Tether’s USDT as an approved cryptocurrency, allowing it to be legally traded in the Thai market and potentially used for payments. The regulation is set to take effect on March 16, 2025.
【Economy】 Spain's second-largest bank, Banco Bilbao Vizcaya Argentaria (BBVA), has received regulatory approval in Spain to offer BTC and ETH trading, as the Markets in Crypto-Assets (MiCA) regulation takes full effect across the EU.
【Indicators】 Ethereum's Nearly 20% Plunge Breaks Bull Market Trendline Since 2022 Terra Collapse
【More】 🇺🇸 Samson Mow calls for the U.S. Strategic Bitcoin Reserve to be called "Fort Nakamoto," gaining strong support after Trump's announcement. 🇺🇸