Standard Power, a colocation provider specializing in datacenter services, plans to power its upcoming datacenters in Ohio and Pennsylvania with miniaturized nuclear reactors developed by NuScale. The move aligns with the company's commitment to catering to the energy-intensive world of proof-of-work blockchain mining, which is crucial for generating digital currencies like Bitcoin.

Data released by Santiment shows that over 10,000 BTC were withdrawn from exchanges, marking the largest outflow since September 7. At the same time, the BTC unique address has fallen to a 6-week low, with the Bitcoin trading price hovering below $28,000.

OpenAI CEO Sam Altman said in a video interview that as an unregulated currency, Bitcoin is a super-logical and important step on the technology tree.

Australian mining company Iris Energy has reached an agreement with Bitmain to purchase 7,000 of the latest generation Antminer S21 devices for a price of $19.6 million, with delivery expected in early 2024. Iris Energy will prepay $16.7 million before shipment and pay the remaining $2.9 million, with a maximum delay of one year. Miners will cost the company $14 per TH/s. According to the hash rate index, as of the writing of this article, the market price for devices with energy consumption levels below 25J/TH is $15.95 per TH/s.

According to a report from cryptocurrency market intelligence company IntoTheBlock for Q3 2023, addresses holding at least 0.1% of BTC's supply saw strong net inflows in Q3 of this year. Despite BTC's crash to $25,000, these addresses still saw daily inflows of $600 million, indicating that they are quietly bullish.

HIVE Digital Technologies has released the operational status of Bitcoin in September 2023. The average hash rate of ASIC is 3.69EH/s, generating 259 BTC. The average daily output of ASIC is 8.6 BTC, and the output of ASIC is 70.2 BTC/EH. The hash rate of BTC at the end of the month is 3.98EH/s, including 3.83EH/s of ASIC BTC hash rate and 0.15EH/s of GPU BTC hash rate. This means that the BTC ASIC hash rate has increased by 8.3% compared to the previous period.

Bitfinex stated that the supply of BTC profits reached a one-month high of 13.01 million. When this happened, BTC soared to over $28,500 for the first time since its drop on August 17th. This is consistent with our analysts' upward bias this week.

According to Coinglass data on October 6th, the total amount of liquidations across the entire network in the past 24 hours was 52.4947 million, with long positions liquidated at 29.573 million US dollars, Bitcoin liquidated at 20.9003 million US dollars, and Ethereum liquidated at 12.9985 million US dollars.

Bitcoin's price has dropped by 1.87% to around $27,591 due to a jump in bond yields, which has reduced demand for riskier investments. The recent launch of US exchange-traded funds based on Ether futures did not generate as much enthusiasm as their Bitcoin counterparts introduced in 2021.

Data shows that at 04:16 today Beijing time, 7,498 BTC (worth about $201,192,133) was transferred from Jump Trading to an unknown wallet.