US spot Bitcoin ETF buys at least 1,000 BTC per day
According to HODL15Capital monitoring, only 450 BTC are mined every day, while the US spot Bitcoin ETF buys at least 1000 coins per day. In the end, short-term traders will exhaust the tokens.
BTC falls below $69,000
OKX-BTC/USDT is currently trading at $68984.00 with a 24-hour increase of 0.49%.
Paraguayan authorities seize nearly 400 Bitcoin mining machines in Sapucay
Paraguayan authorities have seized nearly 400 Bitcoin mining machines in Sapucai. The operation was carried out jointly by the police and the National Electricity Administration (ADE) as part of an investigation into alleged electricity theft. (Bitcoin News) Earlier, the Paraguayan government urged legislators to pass a bill that would impose up to 10 years in prison for illegal Bitcoin miners, in response to the large-scale electricity theft that threatens the National Electricity Administration (ANDE). The bill provides that Paraguayan police and prosecutors have the power to seize and sell illegal mining machines to protect ANDE from the huge economic losses caused by energy theft. In this crackdown, more than 5,000 ASIC mining machines have been seized this year, and the legislative process could also lead to a temporary ban on Bitcoin mining in the country.
British media: 61,000 Bitcoins in Qian Zhimin case may belong to British police and Home Office
A court in London, UK, sentenced a British Chinese woman named Jian Wen to 6 years and 8 months in prison for assisting her employer in money laundering related to Bitcoin. The Financial Times reported that the UK's Crown Prosecution Service has initiated civil recovery proceedings in the High Court for the confiscated assets. If no one else claims ownership of the criminal assets, half will go to the UK police and half to the UK Home Office. Huang Feng, a professor at the G20 Anti-Corruption and Asset Recovery Research Center at Beijing Normal University, said that according to UK law, if a victim of the crime asserts a claim to the property, the UK court will suspend the civil recovery application made by UK law enforcement agencies to determine the ownership of the relevant property.
Bitcoin exchange Hodl Hodl stops lending to countries and residents sanctioned by the United States and the United Nations
Non-custodial Bitcoin exchange Hodl Hodl has changed its service agreement to explicitly exclude residents of the United States (including its states and the District of Columbia), the US Virgin Islands, Cuba, North Korea, Iraq, Iran, Puerto Rico, Somalia, Syria, Sudan, and any country or region subject to United Nations sanctions from accessing its lending platform. This change is part of Hodl Hodl's stricter policy to address regulatory uncertainty and ensure platform security and integrity.
The gap between BlackRock and Grayscale’s Bitcoin holdings has narrowed to less than 5,000 BTC
Heyapollo data shows that on May 23, BTC ETF held a total of 1,598 BTC. This number is more than 3.5 times the daily mining reward of about 450 BTC. BlackRock IBIT now holds 284,518 BTC, while Grayscale's GBTC holds 289,079 BTC, with only a difference of 4,561 BTC between the two.
Pizza Hut Accepts Bitcoin Payments in El Salvador
Pizza Hut now accepts Bitcoin payments in El Salvador.
US spot Bitcoin ETFs saw net inflows of $948.3 million this week
According to Farside Investors data, the net inflow of the US spot Bitcoin ETF reached 948.3 million US dollars this week. Among them:Net inflow of 66 million US dollars on Monday, May 13; net inflow of 100.5 million US dollars on Tuesday, May 14; net inflow of 303 million US dollars on Wednesday, May 15; net inflow of 257.3 million US dollars on Thursday, May 16; net inflow of 221.5 million US dollars on Friday, May 17.
Over 15,000 BTC flowed out of Coinbase Pro in the past 7 days
According to the latest data from Coinglass, 15675.69 bitcoins have flowed out of the Coinbase Pro exchange wallet in the past week, and the current balance of the Coinbase Pro bitcoin wallet is 265,255.17 BTC. The Binance wallet has flowed out 6692.08 bitcoins in the past 7 days, and the current wallet balance is 538,439.5 BTC.
A whale withdrew 1,590 BTC from Binance in the past 24 hours
Lookonchain monitoring shows that the whale address starting with 124BPp9 withdrew 1,590 BTC (approximately $106.8 million) from Binance in the past 24 hours.
The balance of addresses holding more than 1,000 BTC is close to the level before FTX bankruptcy
According to data disclosed by IntoTheBlock ,since the approval of Bitcoin spot ETF by US regulatory agencies, the number of Bitcoins held by addresses holding over 1,000 BTC has increased by about 250,000 BTC, and it has now returned to the level before FTX bankruptcy.
A whale who was long on ETH/BTC exchange rate borrowed 50 WBTC 9 hours ago and went long again
According to on-chain analyst Yu Jin, the ETH/BTC exchange rate dropped to 0.044 a few days ago. The ETH/BTC long position holder with the username "0x1111" was forced to liquidate part of their ETH and buy WBTC to repay their debts and reduce their position because they reached the liquidation line. Now that the ETH/BTC exchange rate has rebounded slightly to 0.0466, the user has re-entered the market and increased their long position in ETH/BTC. Nine hours ago, they lent out 50 WBTC (worth 3.35 million US dollars) and sold them for 1,069 ETH. The user's current position health ratio is 1.07 (the liquidation line is at an ETH/BTC exchange rate of 0.0435).
An address mistakenly transferred about $7,000 in BTC to Satoshi Nakamoto’s wallet
According to Arkham monitoring, someone accidentally sent 90% of their BTC assets to Satoshi Nakamoto's wallet address last night. They were trying to swap Ordinal for PupsToken, but ended up sending almost their entire wallet balance - about $7,000 worth of BTC.
The total open interest of BTC options is $20.42 billion, and the open interest of ETH options is $9.23 billion.
According to Coinglass data, the nominal value of open BTC option positions on the entire network is $20.42 billion, and the nominal value of open ETH option positions is $9.23 billion.
CryptoQuant CEO: Bitcoin is currently in the middle of the current bull cycle
Ki Young Ju, CEO of CryptoQuant, stated in a post that Bitcoin is currently in the middle of the current bull market cycle. He outlined a chart that shows Bitcoin's actual market value "growing faster than its realized value," which is a variant of market value that values it based on the last movement price of each UTXO. This trend typically lasts for two years, meaning that the ongoing bull market will end in around 11 months.
Cointime May 12 News Express
1.The number of Bittensor subnets for the AI project will increase to 64, and 1024 subnets will be achieved this year2.Trader predicts Bitcoin price will reach $350,0003.vladilena.eth redeemed 1930 weETH from Zircult, suspected of selling4.Solana’s on-chain DEX transaction volume yesterday exceeded the sum of five chains including Ethereum, BSC, and Arbitrum5.RSS3 VSL locked-in amount surged in the past two days and is close to 200 million US dollars
6.The transaction volume of Club Key on friend.tech platform exceeded 1 million7.Lido has paid out more than 516,000 ETH in staking rewards, equivalent to approximately $1.51 billion8.1,000 BTC transferred from TronDAO to an unknown new wallet9.Report: Justin Sun deposited 120,000 eETH into Swell L2, worth $376 million10.1707.36 BTC have flowed out of Binance in the past 7 days
999 BTC transferred from Huobi to an unknown new wallet
According to Whale Alert monitoring, 999 BTC (approximately $60,853,459) was transferred from Huobi to an unknown new wallet.
1707.36 BTC have flowed out of Binance in the past 7 days
According to the latest data from Coinglass, 1707.36 bitcoins have flowed out of Binance exchange wallets in the past week. As of now, the balance of bitcoin wallets on Binance is 544,838.89 BTC. Coinbase Pro wallets have seen 923.86 bitcoins flow out in the past 7 days.
BTC breaks through $61,000
The market showed BTC breaking through $61,000, now reporting at $61,029.99, with a daily increase of 0.3%. The market is highly volatile, so please be prepared for risk control.
1,000 BTC transferred from TronDAO to an unknown new wallet
According to WhaleAlert monitoring, at 15:16:04 Beijing time today, 1,000 BTC ($60,945,662) was transferred from TronDAO to an unknown new wallet.
