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Analysis: Bitcoin remains in the early stage of a long-term bull market, and may continue to consolidate sideways in the short term.

55 minutes ago

Crypto analyst Willy Woo said in a post that the Puell Multiple indicator currently shows Bitcoin (BTC) remains in the early stages of a bull market from a long-term structural perspective, while the market is in a sideways consolidation phase from a near-term structural standpoint. The Puell Multiple is used to roughly gauge the selling pressure exerted by Bitcoin miners.

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Bitcoin falls below $84,000, with its daily gain narrowing to 0.11%

According to HTX market data, Bitcoin has fallen below $84,000, currently trading at $83,995.10, with its daily gain narrowed to 0.11%.

3 minutes ago

South Korea's KOSPI index dropped below the 6,400-point mark, with an intraday decline of 3.43%.

According to Bitget market data, South Korea's KOSPI index has dropped below the 6,400 mark, with an intraday decline of 3.43%.

3 minutes ago

Bitcoin mining firm Genesis Digital Assets is set to transition to AI data centers.

According to The Wall Street Journal, Bitcoin mining firm Genesis Digital Assets will transition to an AI data center business. SWI Group acquired a large stake in the company for $500 million in June this year, subsequently becoming its controlling shareholder. On October 12, SWI announced an €800 million (approximately $900 million) financing round to fund data center upgrades and expansion. The company plans to leverage Genesis Digital’s data centers in Texas, North Carolina, South Carolina, and Sweden to provide computing power to large cloud service providers, while selling its remaining mining assets in Kazakhstan.

3 minutes ago

A crypto whale made a deposit of 11.64 million ENA to Bybit again after a month, valued at approximately $2.85 million.

According to monitoring by ai_9684xtpa, address 0x93c…3C6B9 deposited 11.64 million ENA tokens to Bybit after a one-month interval, worth approximately $2.85 million. The tokens originated from the Ethena Proxy address, and this deposit is the largest single transaction by value from this address in the past year.

3 minutes ago

ASTER has now officially integrated into the Solana ecosystem via Sunrise.

Aster’s official announcement states that ASTER has now integrated into the Solana ecosystem via Sunrise, providing users with additional cross-ecosystem access and trading options for ASTER.

3 minutes ago

Li Tian, Chief Financial Officer of Prince Group, has had his London mansion and luxury watches worth 170 million yuan frozen by UK authorities.

According to Caixin, after multiple luxury properties in London belonging to Chen Zhi, founder of the Prince Group, and Hu Xiaowei, who is alleged to be the group's "number two figure", were frozen, Li Tian, the group's finance chief, has also had his London mansion worth 170 million yuan and luxury watches frozen by UK authorities. Earlier, when the U.S. Treasury Department announced sanctions against the Prince Group and its related personnel, Li Tian was listed as a close associate of Chen Zhi, accused of effectively serving as the finance chief responsible for the group's illegal fund operations, including managing illegal fund flows and large-scale cash smuggling.

3 minutes ago

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