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Recently, Bitcoin has experienced a surge, attracting the attention of numerous investors. However, some analysts point out that following this wave of increase, Bitcoin may face a correction. The rise in Bitcoin is usually driven by various factors. On one hand, the market's recognition of Bitcoin as a decentralized digital asset is continuously increasing, attracting more capital inflow. On the other hand, the uncertainty of the macroeconomic environment leads some investors to view Bitcoin as a safe-haven asset. However, the rapid increase in Bitcoin's price has also raised concerns. Firstly, its price volatility is extremely high, and significant short-term increases are often accompanied by subsequent corrections. Secondly, the uncertainty of regulatory policies remains a potential risk for the Bitcoin market. Different countries have varying regulatory attitudes towards cryptocurrencies, and changes in policies can profoundly impact Bitcoin's price. From a technical analysis perspective, Bitcoin may experience an overbought situation during its rise, which means the price may have deviated from its intrinsic value and needs to adjust to return to a reasonable level. For investors, the potential correction following Bitcoin's rise poses significant risks. Those who entered the market at high levels may face substantial losses. Additionally, leveraged trading in the Bitcoin market is relatively common, and price adjustments may trigger a chain of liquidations and sell-offs, further exacerbating market volatility. Although Bitcoin has certain innovative qualities and investment value, investors should fully recognize its high-risk characteristics when participating, make investment decisions cautiously, and manage risks appropriately. Meanwhile, regulatory authorities should also strengthen oversight of the cryptocurrency market to protect investor rights and maintain stability in the financial market.#BTC☀
Recently, Bitcoin has experienced a surge, attracting the attention of numerous investors. However, some analysts point out that following this wave of increase, Bitcoin may face a correction.

The rise in Bitcoin is usually driven by various factors. On one hand, the market's recognition of Bitcoin as a decentralized digital asset is continuously increasing, attracting more capital inflow. On the other hand, the uncertainty of the macroeconomic environment leads some investors to view Bitcoin as a safe-haven asset.

However, the rapid increase in Bitcoin's price has also raised concerns. Firstly, its price volatility is extremely high, and significant short-term increases are often accompanied by subsequent corrections. Secondly, the uncertainty of regulatory policies remains a potential risk for the Bitcoin market. Different countries have varying regulatory attitudes towards cryptocurrencies, and changes in policies can profoundly impact Bitcoin's price.

From a technical analysis perspective, Bitcoin may experience an overbought situation during its rise, which means the price may have deviated from its intrinsic value and needs to adjust to return to a reasonable level.

For investors, the potential correction following Bitcoin's rise poses significant risks. Those who entered the market at high levels may face substantial losses. Additionally, leveraged trading in the Bitcoin market is relatively common, and price adjustments may trigger a chain of liquidations and sell-offs, further exacerbating market volatility.

Although Bitcoin has certain innovative qualities and investment value, investors should fully recognize its high-risk characteristics when participating, make investment decisions cautiously, and manage risks appropriately. Meanwhile, regulatory authorities should also strengthen oversight of the cryptocurrency market to protect investor rights and maintain stability in the financial market.#BTC☀
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In the new year, just bring wealth
In the new year, just bring wealth
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The ether space jar hung on Friday night, an unexpected harvest, the weekend is truly a celebration for the air force #BTC☀
The ether space jar hung on Friday night, an unexpected harvest, the weekend is truly a celebration for the air force #BTC☀
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The cryptocurrency world is truly a magical and crazy place. Recently, the top 14 cryptocurrencies by market cap experienced a significant drop, with the largest decline reaching 10%, leaving a bleak situation. However, once Elon Musk's government's blockchain plan was announced, it was like giving the crypto world a shot of adrenaline. Bitcoin surged past $105,000 each, and mainstream coins like Ethereum followed suit. Trump coin skyrocketed by 13% in a single day, and the blockchain sector in the A-share market also became lively, with individual stocks rising over 15%. It's like riding a roller coaster, sometimes plunging into the depths and other times soaring to new heights. In the cryptocurrency world, risks and opportunities coexist. Just like in the stock market, you can't chase highs, as a gradual decline can be terrifying. When managing finances in the crypto world, one must remain alert at all times. Once the target is reached, it's important to withdraw; otherwise, it could easily turn from profit to loss. Timely loss-cutting is the key.
The cryptocurrency world is truly a magical and crazy place. Recently, the top 14 cryptocurrencies by market cap experienced a significant drop, with the largest decline reaching 10%, leaving a bleak situation. However, once Elon Musk's government's blockchain plan was announced, it was like giving the crypto world a shot of adrenaline. Bitcoin surged past $105,000 each, and mainstream coins like Ethereum followed suit. Trump coin skyrocketed by 13% in a single day, and the blockchain sector in the A-share market also became lively, with individual stocks rising over 15%. It's like riding a roller coaster, sometimes plunging into the depths and other times soaring to new heights. In the cryptocurrency world, risks and opportunities coexist. Just like in the stock market, you can't chase highs, as a gradual decline can be terrifying. When managing finances in the crypto world, one must remain alert at all times. Once the target is reached, it's important to withdraw; otherwise, it could easily turn from profit to loss. Timely loss-cutting is the key.
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Morning Analysis From the perspective of the 4-hour chart, the price of the currency has shown a rapid decline followed by a slow downward channel, and finally a complex pattern of significant drops. After reaching a local low point, the price rebounded quickly. However, considering various technical indicators and market sentiment, overall, if the price decreases again, it will be based on the rebound that has occurred. Currently, there are slight signs of warming in the price, but the momentum is not strong and there is no continuation. Ethereum also had a downward spike this morning, touching a low of around 2643. The bearish strategy suggested last night has once again been confirmed. Trading Suggestions Long near 96000 on Bitcoin, target 98500 Long near 2630 on Ethereum, target 2750#BTC☀
Morning Analysis
From the perspective of the 4-hour chart, the price of the currency has shown a rapid decline followed by a slow downward channel, and finally a complex pattern of significant drops. After reaching a local low point, the price rebounded quickly. However, considering various technical indicators and market sentiment, overall, if the price decreases again, it will be based on the rebound that has occurred. Currently, there are slight signs of warming in the price, but the momentum is not strong and there is no continuation. Ethereum also had a downward spike this morning, touching a low of around 2643. The bearish strategy suggested last night has once again been confirmed.
Trading Suggestions
Long near 96000 on Bitcoin, target 98500
Long near 2630 on Ethereum, target 2750#BTC☀
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A man named James Howells from the UK lost a fortune currently worth about £620 million because his ex-wife mistakenly threw away a hard drive containing 8,000 bitcoins. Since then, he has been trying to recover this batch of bitcoins. (The judge stated that Howells' search has 'no realistic hope of success.') Howells had filed a lawsuit attempting to gain permission to search the landfill, but last month it was dismissed by the judge on the grounds that his claims had 'no realistic chance of success.' The landfill is set to close in the next two years, and Newport City Council plans to convert it into a solar farm. (Howells lost a fortune currently worth about £620 million because his ex-wife mistakenly threw away a hard drive containing 8,000 bitcoins.) Howells insists that Newport City Council has engaged in 'misleading' practices during the legal proceedings and plans to appeal. He also stated that if Newport City Council is willing, he is interested in purchasing the landfill to search for the hard drive himself. However, during the court proceedings, it was revealed that his search efforts were akin to 'looking for a needle in a haystack.' Howells expressed being 'very disappointed' with the unfavorable ruling, believing that his case did not receive the attention it deserved. #BTC☀
A man named James Howells from the UK lost a fortune currently worth about £620 million because his ex-wife mistakenly threw away a hard drive containing 8,000 bitcoins. Since then, he has been trying to recover this batch of bitcoins. (The judge stated that Howells' search has 'no realistic hope of success.')

Howells had filed a lawsuit attempting to gain permission to search the landfill, but last month it was dismissed by the judge on the grounds that his claims had 'no realistic chance of success.' The landfill is set to close in the next two years, and Newport City Council plans to convert it into a solar farm. (Howells lost a fortune currently worth about £620 million because his ex-wife mistakenly threw away a hard drive containing 8,000 bitcoins.)

Howells insists that Newport City Council has engaged in 'misleading' practices during the legal proceedings and plans to appeal.

He also stated that if Newport City Council is willing, he is interested in purchasing the landfill to search for the hard drive himself. However, during the court proceedings, it was revealed that his search efforts were akin to 'looking for a needle in a haystack.' Howells expressed being 'very disappointed' with the unfavorable ruling, believing that his case did not receive the attention it deserved. #BTC☀
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February 15, 2025 Cryptocurrency Market Analysis Report and Trend Forecast I. Market Overview Today's cryptocurrency market shows a certain degree of volatility. Mainstream cryptocurrencies like Bitcoin and Ethereum have experienced price fluctuations, but overall trends remain relatively stable. Smaller cryptocurrencies, on the other hand, have exhibited more drastic price volatility, primarily influenced by market sentiment, trading volume, and the launch of new projects. II. Key Indicator Analysis 1. The number of mobile wallet users continues to grow, reflecting that the user base of the cryptocurrency market is expanding. This trend helps promote the adoption and application of cryptocurrencies. 2. The usage of stablecoins has significantly increased, not only for cryptocurrency trading but also widely used in cross-border payments and remittances. This further proves the value and potential of stablecoins in the financial market. 3. The market share of decentralized exchanges (DEX) is steadily increasing, reflecting the market's recognition and acceptance of the decentralized finance (DeFi) concept. III. Market Trend Forecast From the current market situation, the cryptocurrency market still faces a degree of uncertainty and volatility. However, with continuous technological advancements and the market becoming increasingly mature, the application scenarios and user demand for cryptocurrencies will continue to expand. In the short term, the market may be affected by some unexpected events or policy adjustments, leading to price fluctuations. But in the long term, the cryptocurrency market is expected to maintain a stable growth trend. Particularly, those cryptocurrency projects with practical application value, strong team backgrounds, and robust technological capabilities are more likely to stand out in the market. In summary, investors should maintain a rational attitude when participating in the cryptocurrency market, closely monitor market dynamics and project developments to formulate reasonable investment strategies. Additionally, attention should also be paid to risk control to avoid blind following or excessive trading. #BTC☀
February 15, 2025 Cryptocurrency Market Analysis Report and Trend Forecast

I. Market Overview

Today's cryptocurrency market shows a certain degree of volatility. Mainstream cryptocurrencies like Bitcoin and Ethereum have experienced price fluctuations, but overall trends remain relatively stable. Smaller cryptocurrencies, on the other hand, have exhibited more drastic price volatility, primarily influenced by market sentiment, trading volume, and the launch of new projects.

II. Key Indicator Analysis

1. The number of mobile wallet users continues to grow, reflecting that the user base of the cryptocurrency market is expanding. This trend helps promote the adoption and application of cryptocurrencies.

2. The usage of stablecoins has significantly increased, not only for cryptocurrency trading but also widely used in cross-border payments and remittances. This further proves the value and potential of stablecoins in the financial market.

3. The market share of decentralized exchanges (DEX) is steadily increasing, reflecting the market's recognition and acceptance of the decentralized finance (DeFi) concept.

III. Market Trend Forecast

From the current market situation, the cryptocurrency market still faces a degree of uncertainty and volatility. However, with continuous technological advancements and the market becoming increasingly mature, the application scenarios and user demand for cryptocurrencies will continue to expand.

In the short term, the market may be affected by some unexpected events or policy adjustments, leading to price fluctuations. But in the long term, the cryptocurrency market is expected to maintain a stable growth trend. Particularly, those cryptocurrency projects with practical application value, strong team backgrounds, and robust technological capabilities are more likely to stand out in the market.

In summary, investors should maintain a rational attitude when participating in the cryptocurrency market, closely monitor market dynamics and project developments to formulate reasonable investment strategies. Additionally, attention should also be paid to risk control to avoid blind following or excessive trading. #BTC☀
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Yesterday, the big pancake did not provide a significant pullback as expected, and the daily line still closed with an upper shadow. It is anticipated that the momentum will weaken over the weekend, with a rhythm of oscillation and correction. After taking a short position in the short term, watching for a consolidation and stop-loss in the evening, it was decisively suggested to go long, which generally aligns well with expectations. The four-hour chart has been quite complex, with neither the long nor the short showing strong continuity. Coupled with a large volatility base, adjusting direction is what we need to focus on. A slow rise and a fast drop is a movement at the end of an uptrend while also marking the end of a correction. The K-line continues to contract around the upper and lower bands, so we cannot chase this rhythm; whether long or short, we must wait for a good position to follow up. Currently, we are at a high level, and after a weekend surge, we should look for opportunities to go short. Operational Suggestions On Saturday, go short around 98,000 for the big pancake, with a target near 96,500. For Ethereum, go short around 2,750, with attention on the lower level near 2,670. #BTC☀
Yesterday, the big pancake did not provide a significant pullback as expected, and the daily line still closed with an upper shadow. It is anticipated that the momentum will weaken over the weekend, with a rhythm of oscillation and correction. After taking a short position in the short term, watching for a consolidation and stop-loss in the evening, it was decisively suggested to go long, which generally aligns well with expectations.

The four-hour chart has been quite complex, with neither the long nor the short showing strong continuity. Coupled with a large volatility base, adjusting direction is what we need to focus on. A slow rise and a fast drop is a movement at the end of an uptrend while also marking the end of a correction. The K-line continues to contract around the upper and lower bands, so we cannot chase this rhythm; whether long or short, we must wait for a good position to follow up. Currently, we are at a high level, and after a weekend surge, we should look for opportunities to go short.
Operational Suggestions
On Saturday, go short around 98,000 for the big pancake, with a target near 96,500. For Ethereum, go short around 2,750, with attention on the lower level near 2,670. #BTC☀
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Bitcoin future market forecast!!Institutions predict high prices: Standard Chartered Bank believes that Bitcoin is expected to reach $200,000 by the end of 2025. Tim Draper and Tom Lee predict that Bitcoin is expected to exceed $250,000 by the end of 2025, Daniel Bernardi predicts that Bitcoin may peak at $261,000 in 2025, Perriand Bolin predicts that Bitcoin may rise to $800,000 in 2025, Mike Alfred predicts that Bitcoin may exceed $180,000 in March 2025, and Matt Crosby predicts that Bitcoin may reach $256,000 to $310,000 in August 2025. Driven by the halving effect: The halving event of Bitcoin in 2024 will reduce the block reward from 6.25 to 3.125. This mechanism will directly limit the new supply and create a scarcity effect. Historical data shows that the second year after the halving is usually a critical period for a sharp rise in Bitcoin prices.

Bitcoin future market forecast!!

Institutions predict high prices: Standard Chartered Bank believes that Bitcoin is expected to reach $200,000 by the end of 2025. Tim Draper and Tom Lee predict that Bitcoin is expected to exceed $250,000 by the end of 2025, Daniel Bernardi predicts that Bitcoin may peak at $261,000 in 2025, Perriand Bolin predicts that Bitcoin may rise to $800,000 in 2025, Mike Alfred predicts that Bitcoin may exceed $180,000 in March 2025, and Matt Crosby predicts that Bitcoin may reach $256,000 to $310,000 in August 2025.
Driven by the halving effect: The halving event of Bitcoin in 2024 will reduce the block reward from 6.25 to 3.125. This mechanism will directly limit the new supply and create a scarcity effect. Historical data shows that the second year after the halving is usually a critical period for a sharp rise in Bitcoin prices.
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Judging from the current hourly chart of Bitcoin, there is still a risk of further decline in the evening market. The price was obviously weak when trying to rebound, and it failed to stand firm after several highs. Instead, it was pushed back to a low level and oscillated, as if it was blocked by a wall and could not go up. The support below has been tested many times. Once it is lost near 95,000, it may trigger a faster sell-off. In terms of funds, the net outflow exceeded 100 million, indicating that many people are secretly retreating and market sentiment is cautious. Although the MACD indicator temporarily shows that the bulls still have some strength, the overall trend seems to be a spent force, and the rebound is getting weaker and weaker, more like a "fake move" before the decline. In the short term, if it can't even hold 96,000, it will most likely look for a lower position at night. Don't rush to buy the bottom in terms of operation. Observe the momentum after the break before taking action. #BTC☀
Judging from the current hourly chart of Bitcoin, there is still a risk of further decline in the evening market. The price was obviously weak when trying to rebound, and it failed to stand firm after several highs. Instead, it was pushed back to a low level and oscillated, as if it was blocked by a wall and could not go up. The support below has been tested many times. Once it is lost near 95,000, it may trigger a faster sell-off. In terms of funds, the net outflow exceeded 100 million, indicating that many people are secretly retreating and market sentiment is cautious. Although the MACD indicator temporarily shows that the bulls still have some strength, the overall trend seems to be a spent force, and the rebound is getting weaker and weaker, more like a "fake move" before the decline. In the short term, if it can't even hold 96,000, it will most likely look for a lower position at night. Don't rush to buy the bottom in terms of operation. Observe the momentum after the break before taking action. #BTC☀
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I found something quite interesting. When Bitcoin broke through $100,000 last year, many people were touting the huge rise in Bitcoin, and the popularity was rising. However, when Bitcoin plummeted recently, as expected, there was a total silence on the Internet, and almost no one discussed Bitcoin anymore, and the popularity dropped to the freezing point.    Friends, what do you think is going on? #BTC☀
I found something quite interesting.
When Bitcoin broke through $100,000 last year, many people were touting the huge rise in Bitcoin, and the popularity was rising. However, when Bitcoin plummeted recently, as expected, there was a total silence on the Internet, and almost no one discussed Bitcoin anymore, and the popularity dropped to the freezing point.   
Friends, what do you think is going on? #BTC☀
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Recently, the actual plate and basket have been very profitable. Have you made a profit? #BTC☀
Recently, the actual plate and basket have been very profitable. Have you made a profit? #BTC☀
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The Federal Reserve will skip another rate cut; the market still lacks visibility.Guotai Junan released a research report stating that the U.S. core CPI rose 0.4% month-on-month in January, higher than market expectations, which dampened the market's interest rate cut expectations. Additionally, Powell stated that he is 'not in a hurry to cut rates,' causing the market to push back the timeline for rate cuts this year. Currently, the 'Trump trade' is underperforming, and the movements of dollar assets are confused. In March, the Federal Reserve is likely to skip another rate cut, and U.S. Treasury bonds may remain slightly volatile this month, with the market overall in a state of waiting for new directions. Guotai Junan's main points are as follows: U.S. inflation has surged, pushing back market expectations for rate cuts. U.S. core CPI rose more than expected in January, and combined with Powell's recent statement in a congressional hearing that he is 'not in a hurry to cut rates,' the market has pushed back the timeline for rate cuts this year again, pricing in roughly only one rate cut this year. The market's response has resulted in overall U.S. Treasury yields rising by 7-8 basis points, but the dollar index and U.S. stocks did not experience significant fluctuations.

The Federal Reserve will skip another rate cut; the market still lacks visibility.

Guotai Junan released a research report stating that the U.S. core CPI rose 0.4% month-on-month in January, higher than market expectations, which dampened the market's interest rate cut expectations. Additionally, Powell stated that he is 'not in a hurry to cut rates,' causing the market to push back the timeline for rate cuts this year. Currently, the 'Trump trade' is underperforming, and the movements of dollar assets are confused. In March, the Federal Reserve is likely to skip another rate cut, and U.S. Treasury bonds may remain slightly volatile this month, with the market overall in a state of waiting for new directions.

Guotai Junan's main points are as follows:

U.S. inflation has surged, pushing back market expectations for rate cuts.

U.S. core CPI rose more than expected in January, and combined with Powell's recent statement in a congressional hearing that he is 'not in a hurry to cut rates,' the market has pushed back the timeline for rate cuts this year again, pricing in roughly only one rate cut this year. The market's response has resulted in overall U.S. Treasury yields rising by 7-8 basis points, but the dollar index and U.S. stocks did not experience significant fluctuations.
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The analysis was wrong this morning, and the stock price fluctuated sideways. The calmer the air situation during the day, the heavier the blow at night. In the afternoon, the market fluctuated in a narrow range for the whole afternoon, and the fluctuation was only 500 points, which was indeed a bit of a wear and tear, but it was quite appropriate to master the rhythm and run short-term. We are simply too familiar with this kind of air situation that takes time in exchange for time. Friends who follow the idea should hold the Duo order and wait patiently for the air situation to react. From the four-hour level, the three lines of the Bollinger Bands tend to be parallel, the price ratio gradually stands above the middle track, the MACD and KDJ indicators form a golden cross resonance, and there is still a strong demand for stretching in the future. Observe the resistance of the 98,000 mark from above. The Duo head has been beaten back on this line several times recently. After accumulating momentum, it will not be too difficult to make a sudden attack. Operation suggestions: Big cake: 96000~96700, around 97600~98500 Second cake 2650~2670, around 2720~2760 #BTC☀
The analysis was wrong this morning, and the stock price fluctuated sideways.
The calmer the air situation during the day, the heavier the blow at night. In the afternoon, the market fluctuated in a narrow range for the whole afternoon, and the fluctuation was only 500 points, which was indeed a bit of a wear and tear, but it was quite appropriate to master the rhythm and run short-term. We are simply too familiar with this kind of air situation that takes time in exchange for time. Friends who follow the idea should hold the Duo order and wait patiently for the air situation to react.
From the four-hour level, the three lines of the Bollinger Bands tend to be parallel, the price ratio gradually stands above the middle track, the MACD and KDJ indicators form a golden cross resonance, and there is still a strong demand for stretching in the future. Observe the resistance of the 98,000 mark from above. The Duo head has been beaten back on this line several times recently. After accumulating momentum, it will not be too difficult to make a sudden attack.
Operation suggestions:
Big cake: 96000~96700, around 97600~98500 Second cake 2650~2670, around 2720~2760 #BTC☀
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Coin market analysis report and trend forecast on February 14, 2025 I. Market overview On February 14, 2025, the global coin market showed a complex situation. As the leader, Bitcoin (BTC) has an important impact on the overall market sentiment. Other mainstream cryptocurrencies such as Ethereum (ETH) also show different fluctuations. II. Market analysis 1. Bitcoin (BTC): • The current price is hovering around $96,700. Affected by the intensification of a new round of trade war actions, the market has seen panic selling. • Technically, Bitcoin is seeking stability near key support levels and may continue to face pressure in the short term. 2. Ethereum (ETH) and other mainstream cryptocurrencies: • Mainstream cryptocurrencies such as Ethereum are also affected by market sentiment and have large price fluctuations. • Investors need to pay close attention to market dynamics, especially news related to the trade war and the global macroeconomic environment. 3. Trend Forecast 1. In the short term, Bitcoin may continue to fluctuate between $96,000 and $100,000. Investors should operate with caution and avoid blindly chasing ups and downs. 2. If the global trade situation deteriorates further, it may put more pressure on cryptocurrencies such as Bitcoin. However, if market sentiment stabilizes and positive signals appear on the technical side, there is a possibility of a rebound. 3. In the long run, the trend of the cryptocurrency market will be affected by many factors, including technological innovation, regulatory policies, and the global economic environment. Investors need to remain rational and formulate reasonable investment strategies. Please note that the above analysis is for reference only and does not constitute investment advice. Investors should make independent decisions based on their own risk tolerance and market conditions. #BTC☀
Coin market analysis report and trend forecast on February 14, 2025

I. Market overview

On February 14, 2025, the global coin market showed a complex situation. As the leader, Bitcoin (BTC) has an important impact on the overall market sentiment. Other mainstream cryptocurrencies such as Ethereum (ETH) also show different fluctuations.

II. Market analysis

1. Bitcoin (BTC):

• The current price is hovering around $96,700. Affected by the intensification of a new round of trade war actions, the market has seen panic selling.

• Technically, Bitcoin is seeking stability near key support levels and may continue to face pressure in the short term.

2. Ethereum (ETH) and other mainstream cryptocurrencies:

• Mainstream cryptocurrencies such as Ethereum are also affected by market sentiment and have large price fluctuations.

• Investors need to pay close attention to market dynamics, especially news related to the trade war and the global macroeconomic environment.

3. Trend Forecast

1. In the short term, Bitcoin may continue to fluctuate between $96,000 and $100,000. Investors should operate with caution and avoid blindly chasing ups and downs.

2. If the global trade situation deteriorates further, it may put more pressure on cryptocurrencies such as Bitcoin. However, if market sentiment stabilizes and positive signals appear on the technical side, there is a possibility of a rebound.

3. In the long run, the trend of the cryptocurrency market will be affected by many factors, including technological innovation, regulatory policies, and the global economic environment. Investors need to remain rational and formulate reasonable investment strategies.

Please note that the above analysis is for reference only and does not constitute investment advice. Investors should make independent decisions based on their own risk tolerance and market conditions. #BTC☀
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An explosion caused a fire in a house in Selangor, Malaysia. The police accidentally discovered that this was an illegal Bitcoin mining base. △A fire broke out in a house in Selangor, Malaysia. The police investigation found that the room in the house was used for illegal Bitcoin mining activities. Mohammad Hafiz, the chief of the Sungai Buloh Police District, said on the 12th that the police received a call at 11:41 am on the 11th, saying that a loud explosion was heard in a house and a lot of smoke was coming out. Hafiz said that the police and firefighters arrived at the scene one after another and found that there was no one in the house. They had to break the door to put out the fire. The police then found that the power supply of the room where the fire broke out had been illegally modified, and the fire was caused by a short circuit in the wires. The police also found several illegal Bitcoin "mining machines", fans and routers in the room, and are currently investigating further. Hafiz warned that illegal Bitcoin mining activities are not only illegal, but also have adverse consequences for social economy and security. Illegal connection of cables will bring fire risks and threaten people's lives and property. Bitcoin mining refers to installing a specific processor in a computer as a mining machine, using powerful computing power to mine Bitcoins online. This is a very power-consuming activity. Mining machines perform complex calculations for a long time and are prone to failure and loss. #BTC☀
An explosion caused a fire in a house in Selangor, Malaysia. The police accidentally discovered that this was an illegal Bitcoin mining base. △A fire broke out in a house in Selangor, Malaysia. The police investigation found that the room in the house was used for illegal Bitcoin mining activities.

Mohammad Hafiz, the chief of the Sungai Buloh Police District, said on the 12th that the police received a call at 11:41 am on the 11th, saying that a loud explosion was heard in a house and a lot of smoke was coming out.

Hafiz said that the police and firefighters arrived at the scene one after another and found that there was no one in the house. They had to break the door to put out the fire.

The police then found that the power supply of the room where the fire broke out had been illegally modified, and the fire was caused by a short circuit in the wires.

The police also found several illegal Bitcoin "mining machines", fans and routers in the room, and are currently investigating further.

Hafiz warned that illegal Bitcoin mining activities are not only illegal, but also have adverse consequences for social economy and security. Illegal connection of cables will bring fire risks and threaten people's lives and property.

Bitcoin mining refers to installing a specific processor in a computer as a mining machine, using powerful computing power to mine Bitcoins online. This is a very power-consuming activity. Mining machines perform complex calculations for a long time and are prone to failure and loss.

#BTC☀
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Soaring 4000%! This Japanese hotel profits from buying Bitcoin, is hoarding Bitcoin becoming a new trend?Zhichao Finance learned that former President Trump’s support for cryptocurrency is further triggering a chain reaction, leading to a surge in demand for Bitcoin in the Japanese market. The latest example is a hotel operating company that has turned to reserve Bitcoin, bringing astonishing returns to shareholders. Data shows that Metaplanet Inc.'s stock price has risen over 4,000% in the past 12 months, making it the highest-gaining stock in the Japanese market during the same period and one of the highest globally. Bitcoin hit an all-time high of $109,241 on January 20, when Trump was sworn in for his second term. Although it has erased some gains due to his trade policies inciting global instability, it is still above $95,000.

Soaring 4000%! This Japanese hotel profits from buying Bitcoin, is hoarding Bitcoin becoming a new trend?

Zhichao Finance learned that former President Trump’s support for cryptocurrency is further triggering a chain reaction, leading to a surge in demand for Bitcoin in the Japanese market. The latest example is a hotel operating company that has turned to reserve Bitcoin, bringing astonishing returns to shareholders. Data shows that Metaplanet Inc.'s stock price has risen over 4,000% in the past 12 months, making it the highest-gaining stock in the Japanese market during the same period and one of the highest globally.
Bitcoin hit an all-time high of $109,241 on January 20, when Trump was sworn in for his second term. Although it has erased some gains due to his trade policies inciting global instability, it is still above $95,000.
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Bitcoin News Today: Slight Recovery, But This Move Sparks Bull Market Bitcoin is still in a consolidation phase, with the current price around $96,200. Although it struggles to reclaim the psychological $100,000 mark, uncertainty among investors remains. The latest U.S. economic report did not shake the crypto market, despite ongoing inflation issues, with BTC showing resilience. The latest U.S. CPI report indicates that the core inflation rate for January is 3.2%, slightly higher than December's 3.1%. This has lowered expectations for multiple rate cuts in 2025. Although Federal Reserve Chairman Powell acknowledged progress towards the 2% inflation target in his testimony on Capitol Hill, he stated that rate cuts are not imminent. Bitcoin rebounded after briefly dipping to $94,106. Following a brief pullback, Bitcoin gained momentum due to intensified discussions around the U.S. Strategic Bitcoin Reserve (SBR). The proposed Bitcoin bill for the end of 2024 suggests that the U.S. government acquire 1 million BTC over five years, with a 20-year holding period. This move could significantly alter the supply-demand balance of Bitcoin. Although the Bitcoin bill is still awaiting congressional approval, several U.S. states are independently taking steps to incorporate Bitcoin into their financial strategies: If Congress passes the Bitcoin bill, it could trigger widespread Bitcoin accumulation, similar to the historical trend of gold accumulation. A national Bitcoin reserve could provoke global FOMO, pushing prices to new highs. Investors are closely monitoring the progress of regulatory discussions, as Bitcoin's future may be influenced by government policies in the coming months. #BTC☀
Bitcoin News Today: Slight Recovery, But This Move Sparks Bull Market
Bitcoin is still in a consolidation phase, with the current price around $96,200. Although it struggles to reclaim the psychological $100,000 mark, uncertainty among investors remains. The latest U.S. economic report did not shake the crypto market, despite ongoing inflation issues, with BTC showing resilience.

The latest U.S. CPI report indicates that the core inflation rate for January is 3.2%, slightly higher than December's 3.1%. This has lowered expectations for multiple rate cuts in 2025. Although Federal Reserve Chairman Powell acknowledged progress towards the 2% inflation target in his testimony on Capitol Hill, he stated that rate cuts are not imminent. Bitcoin rebounded after briefly dipping to $94,106.
Following a brief pullback, Bitcoin gained momentum due to intensified discussions around the U.S. Strategic Bitcoin Reserve (SBR). The proposed Bitcoin bill for the end of 2024 suggests that the U.S. government acquire 1 million BTC over five years, with a 20-year holding period. This move could significantly alter the supply-demand balance of Bitcoin.
Although the Bitcoin bill is still awaiting congressional approval, several U.S. states are independently taking steps to incorporate Bitcoin into their financial strategies:
If Congress passes the Bitcoin bill, it could trigger widespread Bitcoin accumulation, similar to the historical trend of gold accumulation. A national Bitcoin reserve could provoke global FOMO, pushing prices to new highs. Investors are closely monitoring the progress of regulatory discussions, as Bitcoin's future may be influenced by government policies in the coming months. #BTC☀
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From 480,000 to 146,000: The Bull Market Struggle Behind Bitcoin's Great Escape from OTCRecently, the Bitcoin market is rife with undercurrents, and a game concerning the bull market is quietly unfolding in the over-the-counter (OTC) market. According to CryptoQuant data, the Bitcoin balance at OTC counters plummeted from 480,000 in September 2021 to the current 146,000, a drop of as much as 70%. This 'great escape' not only reveals the movements of institutional investors but may also indicate that the Bitcoin price is about to face a massive shock. OTC Counter: The 'behind-the-scenes players' of the Bitcoin market. Unlike ordinary investors who buy and sell Bitcoin on exchanges, OTC counters are more like private clubs serving 'big players.' Institutional investors can conduct large transactions through OTC to avoid triggering severe price fluctuations in the public market, while also obtaining better liquidity and more favorable prices. Therefore, the Bitcoin balance at OTC counters has always been considered an important indicator of institutional investor participation.

From 480,000 to 146,000: The Bull Market Struggle Behind Bitcoin's Great Escape from OTC

Recently, the Bitcoin market is rife with undercurrents, and a game concerning the bull market is quietly unfolding in the over-the-counter (OTC) market. According to CryptoQuant data, the Bitcoin balance at OTC counters plummeted from 480,000 in September 2021 to the current 146,000, a drop of as much as 70%. This 'great escape' not only reveals the movements of institutional investors but may also indicate that the Bitcoin price is about to face a massive shock. OTC Counter: The 'behind-the-scenes players' of the Bitcoin market.
Unlike ordinary investors who buy and sell Bitcoin on exchanges, OTC counters are more like private clubs serving 'big players.' Institutional investors can conduct large transactions through OTC to avoid triggering severe price fluctuations in the public market, while also obtaining better liquidity and more favorable prices. Therefore, the Bitcoin balance at OTC counters has always been considered an important indicator of institutional investor participation.
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Nighttime customer real investment, earn 1172U#BTC☀ Every point accumulated will become a new transformation Good luck is hidden in hard work, success lies in the struggle with purpose, give it your all and you will achieve results.
Nighttime customer real investment, earn 1172U#BTC☀ Every point accumulated will become a new transformation
Good luck is hidden in hard work, success lies in the struggle with purpose, give it your all and you will achieve results.
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