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US Stock Market Opens Lower, Crypto-Related Stocks Experience Widespread Decline, BitMine Drops by 4.2%

2 hours ago

On February 5, per Bitget market data, U.S. stocks opened lower: the Dow Jones Industrial Average (DJIA) fell 0.55%, the S&P 500 dropped 0.87%, and the Nasdaq Composite declined 1.3%. Cryptocurrency-related stocks posted broad declines, with key names including: - MicroStrategy (MSTR): 6.57% lower - Coinbase (COIN): down 4.2% - Circle (CRCL): 3.2% lower - MARA Holdings (MARA): down 5.9% - Riot Blockchain (RIOT): 4.5% lower - Bit Digital Immersion (BMNR): down 4.2% - SuperBid (SBET): 4.21% lower
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Bitcoin Falls Below $67,000 Again, 24-hour Loss of 8.8%

On February 6, data from HTX shows Bitcoin has once again fallen below $67,000, registering an 8.8% 24-hour decline.

10 minutes ago

Binance Platform's USDT OTC Price Surges to 7.1 CNY

February 6: After a sharp drop in the cryptocurrency market this evening, the over-the-counter (OTC) price of USDT on Binance has climbed to 7.1 RMB, with a sell price of 7.01 RMB. The current USD-to-CNY exchange rate stands at 6.94.

10 minutes ago

Strategy will host the live webcast of the fourth quarter earnings conference call

On February 6, Michael Saylor announced that MicroStrategy will host its Q4 earnings call at 6:00 AM UTC the same day, covering recent BTC volatility, the resilience of its capital structure, and its long-term digital credit vision.

10 minutes ago

E-Guardian Whale Keeps Buying the Dip, Further Accumulates 6923.85 ETH in Less Than 1 Hour

On February 6th, on-chain analyst Ai Auntie (@ai_9684xtpa) noted that the "7 Siblings" group of E Sentinel’s Ethereum whales continued buying the dip. In the past hour alone, they added 6,923.85 ETH (valued at roughly $13.91 million) to their position, with an average entry cost of $2,009.8. Their total Ethereum holdings now stand at 318,508.07 ETH.

10 minutes ago

Some Antminer S21 models, as well as mining rigs below the Whatminer M60 series, have reached shutdown price.

As of February 5, data from Antpool shows that based on current Bitcoin mining difficulty and an electricity cost of $0.08 per kWh, several miners have reached their shutdown prices. These include the Ant S19 XP+ Hyd, Whatsminer M60S, Avalon A1466I, and select Ant S21 series models. Meanwhile, Ant S21 series miners like the S21 Pro and S21+ Hyd are approaching shutdown prices in the $65,000-$69,000 range. Additionally, high-hashrate miners such as the Antminer U3S23H and Antminer S23 Hyd have shutdown prices above $44,000.

10 minutes ago

Gemini announces around a 25% reduction in workforce to focus on the US market

On February 5th, cryptocurrency exchange Gemini announced a roughly 25% cut to its workforce as it aims to double down on the U.S. market.

Earlier today, the exchange also said it will wind down operations in the U.K., EEA, and Australia.

10 minutes ago

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