2999 BTC ($130,985,497) transferred from unknown wallet to new wallet
According to Whale Alert monitoring, 2,999 BTC (worth $130,985,497) was transferred from an unknown wallet to a new wallet.
There are still 20,000 blocks left before the Bitcoin block reward halving
According to Watcher.Guru, there are only 20,000 blocks left until the Bitcoin block reward is halved. The estimated time remaining is 133 days, 7 hours, and 40 minutes, and the expected halving time is April 19, 2024.
In the past 24 hours, nearly US$300 million has been liquidated across the entire network
December 6th, according to Coinglass data, in the past 24 hours, the entire network has liquidated $293 million, of which long positions liquidated $115 million and short positions liquidated $178 million.
Bit Digital, Inc. produced 142.7 BTC in November
Bit Digital, Inc. has announced its unaudited digital asset production and company updates for November 2023. The company produced 142.7 BTC in November 2023, a 24% increase from the previous month. As of November 30, 2023, the company holds 551.8 BTC and 16,064.8 ETH, with fair market values of approximately $20.8 million and $33 million, respectively.
The Swiss city of Lugano accepts Bitcoin and USDT as payment for taxes and other municipal services
The city of Lugano, Switzerland has announced an expansion of its payment options, allowing for the use of cryptocurrency to pay taxes, invoices, and other community fees. Starting immediately, Lugano will utilize Bitcoin Suisse to accept Bitcoin (BTC) and Tether (USDT) as payment methods for taxes and all other municipal fees through a simple and fully automated process.
MicroStrategy's Bitcoin holdings hit $2.3 billion in floating profit
According to market data, as Bitcoin has surged above $44,000, MicroStrategy's Bitcoin holdings have reached a floating profit of $2.3 billion.
Bitcoin becomes ninth-largest tradable asset as cryptocurrency market hits $1.55T market cap
The total market capitalization of the cryptocurrency market surpassed $1.55 trillion on December 5th, with Bitcoin and Ether experiencing significant weekly gains of 14.5% and 11% respectively. Bitcoin's market capitalization surpassed that of Meta, making it the world's ninth-largest tradable asset. Despite the recent bullish momentum, retail demand for cryptocurrencies remains relatively stagnant, with some attributing this to an inflationary environment and decreased interest in credit. The premium of USD Tether (USDT) in China serves as a valuable gauge of retail demand in the crypto market, as there is no dependable indicator to track retail participation in cryptocurrencies. The influx of retail participants in the current cycle remains uncertain, with existing traders potentially migrating from offshore exchanges to Coinbase rather than new enthusiasts entering the market.
Grayscale: Bitcoin is a digital alternative to physical gold
Grayscale stated on X platform that Bitcoin is a digital substitute for physical gold. Bitcoin benefits from some of the factors that push up gold prices, such as a decrease in real interest rates. Grayscale analysts believe that the Fed's increase in real interest rates may suppress the price of Bitcoin, while interest rate cuts may help valuation rebound. Any signs indicating that interest rate cuts may begin relatively early next year could support the price of Bitcoin.
Bitcoin briefly exceeded $44,000, gains continued to expand
According to OKX market data, Bitcoin briefly surged above $44,000, currently trading at $43,560, with a 24-hour increase of 4.9%.
BTC breaks through $43,000 in short term
Market shows BTC has broken through $43,000 in the short term, currently trading at $43,003, with a daily increase of 3.37%. The market is volatile, please be prepared for risk control.
BTC breaks through $42,800
The market shows BTC breaking through $42,800 and currently trading at $42,810.5, with a daily increase of 3.32%. The market is volatile, so please be prepared for risk control.
Marathon Digital produced 1,187 Bitcoins in November
On December 5th, Marathon Digital, a Bitcoin mining company, announced its November Bitcoin production and mining operation updates. In November, they produced 1,187 BTC, and this year they have produced a total of 10,999 BTC. As of November 30th, their total unrestricted cash, cash equivalents, and Bitcoin amount to $802.3 million.<br>As of November 30th, Marathon holds a total of 14,025 BTC and has sold 700 BTC for operational purposes. They plan to sell some BTC for operational and financial purposes in the future.<br>
Marathon Digital mined 1,187 BTC in January and holds a total of 14,025 BTC
Marathon Digital Holdings, Inc. released unaudited information on Bitcoin production and miner installation updates for November 2023. 1,187 BTC were produced in November, and 10,999 BTC have been produced year-to-date.<br>As of November 30th, the company holds a total of 14,025 unrestricted BTC, and the total amount of unrestricted cash and Bitcoin is 802.3 million US dollars.
BTC breaks through $42,000
The market showed that BTC broke through $42,000 and is now trading at $42,010, with a daily increase of 0.47%. The market is volatile, so please be prepared for risk control.
Bitcoin computing power continues to surge, setting a new single-day record of 578 EH/s
Bitcoin's computing power is soaring, with recent data setting a new daily record. Glassnode data shows that on December 1st, the computing power reached a high of 578 EH/s, followed by a significant surge on November 3rd, reaching 558 EH/s. During this surge, the Bitcoin network is less than a week away from the next difficulty adjustment. (CryptoSlate)
Bitcoin hit its second-highest number of transactions in a single day on Sunday
According to Bitcoin.com, as Bitcoin broke through the $40,000 mark, miners verified a total of 707,876 transactions on December 3, 2023, second only to the historical high point of November 19, 2023 (710,579 transactions).
Bitcoin the ‘main beneficiary’ as crypto funds notch 10-week streak
Nearly $1.8 billion flowed into crypto investment products over the last 10 weeks, which hasn’t been seen since Bitcoin futures were launched in October 2021.
7,000 Bitcoins transferred from unknown wallet to Coinbase
Whale Alert has detected a transfer of 7,000 bitcoins from an unknown wallet to Coinbase.
The BTC held by Tether currently has a surplus of US$1.1 billion
According to data analyst Yu Jin, Tether currently has a floating profit of $1.1 billion (+85%) from holding BTC. Tether currently holds a total of 57,576 BTC ($2.4 billion) with a comprehensive cost of $22,480, of which 53,492 BTC were reserved before March this year and 4,083 BTC were purchased with 15% of Tether's net profit since May this year.
Bitcoin Magazine and Crocs’ co-branded Crocs are now available for pre-sale
According to official announcement, Bitcoin Magazine and Crocs have launched a joint pre-sale for their holey shoes, priced at $89.99 each, with a limited pre-order of 2,100 pairs. Purchasing these shoes will also come with a free physical print edition of Bitcoin Magazine.
