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BlackRock to Launch Bitcoin ETP in the UK
BlackRock to Launch Bitcoin ETP in the UK

coinfomania·2025/10/06 20:21
Gold and Bitcoin both hit record highs as the U.S. government shutdown fuels "dollar depreciation trades"
Gold and Bitcoin both hit record highs as the U.S. government shutdown fuels "dollar depreciation trades"

Stimulated by the potential U.S. government shutdown, market concerns over U.S. fiscal issues and the depreciation of the dollar have intensified, driving gold and bitcoin prices to repeatedly reach new highs. Gold has surpassed $3,900 per ounce, and bitcoin has exceeded $125,000. The U.S. Dollar Index has fallen by about 10% so far this year. Analysts believe that, driven by structural factors such as persistent inflation and high deficits, this trend still has room for further growth.

MarsBit·2025/10/06 19:59
Flash
  • 02:48
    BitMine buys another $199 million worth of ETH against the market trend, despite "smart money" betting on ETH's decline
    ChainCatcher reported that BitMine continues to make large purchases during the market downturn, while the best-performing traders in the Ethereum sector are generally betting that ETH will fall further. BitMine has accumulated $199 million worth of ETH over the past two days: $68 million was bought on Saturday, and $130.7 million on Friday. Currently, BitMine holds $11.3 billions worth of ETH, accounting for 3.08% of the total Ethereum supply, and is approaching its long-term accumulation target of 5%. The company also holds an additional $882 million in cash reserves, which may continue to be used for further ETH investments. On-chain intelligence platform Nansen has tracked that "smart money traders" are increasing their short positions on ETH: in the past 24 hours, $2.8 million in new short positions have been added, bringing the total short position to $21 million, with an overall net short on ETH, betting on a short-term price correction. Meanwhile, inflows into Ethereum spot ETFs remain weak: Friday saw a net outflow of $75.2 million (the second consecutive day), with total outflows in November reaching as high as $1.4 billions.
  • 02:48
    Michael Saylor: Strategy has accumulated over 200,000 bitcoins so far this year
    ChainCatcher news, Michael Saylor stated that Strategy has accumulated more than 200,000 bitcoins so far this year, with a specific amount of 203,600. On Monday this week, Strategy announced that it had added 130 bitcoins last week, with a total price of approximately $11.7 million and an average purchase price of about $89,960. As of November 30, 2025, Strategy holds 650,000 bitcoins, with a total value of approximately $48.38 billion and an average price of about $74,436.
  • 02:48
    a16z: Inefficient governance and dormant tokens pose greater quantum threats to BTC
    ChainCatcher reported that a16z stated in its latest article on quantum attacks that bitcoin is facing the challenge of two major real-world issues, making the transition to quantum-resistant digital signatures increasingly urgent. The first is the issue of governance efficiency: bitcoin's upgrade process is extremely slow. If the community cannot reach consensus on solutions, any controversial topic could trigger a destructive hard fork. The second is the issue of migration initiative: the transition of bitcoin to quantum-resistant signatures cannot be completed passively; holders must actively migrate their assets. This means that a large number of dormant bitcoins, which are vulnerable to quantum attacks, will lose protection. It is estimated that the number of such bitcoins, vulnerable to quantum attacks and potentially abandoned, reaches several million, with a current market value of tens of billions of US dollars.
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