Phantom wallet released a 12-second promotional video on X, indicating that it will integrate the Bitcoin network.

Human Rights Foundation will donate $500,000 to support 18 global Bitcoin development projects.

The Economist has changed its stance on Bitcoin, now referring to it as a "useful diversifier" for investment portfolios. This marks a significant turning point as the publication previously claimed that digital assets were too volatile and associated with illegal activities. Despite facing challenges such as regulatory crackdowns and the impact of higher interest rates in 2022, the cryptocurrency industry, particularly Bitcoin, has proven to be resilient due to its technology and independence from traditional investments. Leading fund managers are now submitting applications to introduce Bitcoin Spot exchange-traded funds, which could lead to a surge of funds flowing into BTC.

According to a recent report by Matrixport, Bitcoin has seen a YTD increase of over 150%, outperforming the Nasdaq by over 53%. However, other crypto firms such as Coinbase and Bitcoin miners have seen even bigger gains, with Coinbase climbing over 333% and Bitfarms Ltd experiencing a jump of 601% in the past 12 months. Matrixport suggests that a diversified portfolio including these companies could see potential gains of up to 572% if Bitcoin hits $70,000. The report also highlights the surge in Bitcoin transaction fees due to renewed interest in non-fungible tokens (NFTs). Matrixport remains bullish on Bitcoin, predicting a price of $125,000 by the end of 2024.

The number of Bitcoin Lightning Network nodes has reached 14,639, a decrease of 0.05% compared to 30 days ago. The Lightning Network capacity is 5,020.87 BTC.

ARK, led by Cathie Wood, has sold 809,441 shares of Grayscale Bitcoin Trust (GBTC) for around $28 million as bitcoin approaches $43,000. This brings the investment firm's remaining GBTC shares to 3.4 million ($117.4 million), down from a peak of 9 million shares in July 2021. ARK purchased the GBTC shares at an average cost of $24.08, making a profit on this sale as GBTC currently trades at $34.54. Bitcoin is currently trading above $42,900, up 17% in the last 30 days.

According to on-chain analyst Ali, data shows that within the current price range of $41,200-$42,400 for Bitcoin (excluding the key supply area), 1.87 million addresses hold a total of 730,000 BTC. If the market continues to decline, these holders may choose to sell to reduce losses, and the next demand area could be in the range of $37,500-$38,700, where approximately 1.28 million addresses hold around 553,000 BTC.

Mempool data shows that Bitcoin network fees have dropped to 160 sats/byte, with the lowest transfer fee being about $8.

According to WhaleAlert monitoring data, at 17:17 Beijing time, 716 BTC (29,408,534 US dollars) were transferred from Binance to an unknown wallet.

The market shows BTC has fallen below $41,000 and is currently trading at $40,994.9, with a daily decline of 2.19%. The market is volatile, please manage your risks.