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Bitcoin posted an uptick on Monday morning as traders await two U.S. inflation prints this week.The inflation data could assist in determining whether and when the Federal Reserve might decrease borrowing costs in 2024.
A stack of 1,000 BTC — currently worth $62.8 million — was suddenly moved yesterday after more than 10 years of dormancy.The transfers were made via two wallet addresses, moving 500 BTC each in close proximity.
Layer 3 Degen Chain is experiencing operational downtime. The network stopped at block #15524774 and has not produced a block for over 11 hours.
Metaplanet, a publicly listed investment firm, announced today that it has adopted bitcoin as its strategic reserve asset.Japan has been facing fiscal challenges, which led the yen to fall to a 34-year-low last month.
In the long run, comparing TON to BNB with a market value of 9 billion USD is a reasonable and realistic goal.
- 08:52THORChain plans to tackle $200 million debt crisis with publish equity stake tokenOn February 3rd, according to reports, THORChain governance has passed a restructuring plan proposal, which plans to publish a new token named TCY (Thorchain Yield) with nearly $200 million of default debt converted into equity stake. The proposal includes minting 200 million TCY tokens and allocating 1 TCY token per dollar of default debt. The core team is expected to create a RUNE/TCY liquidity pool, providing $500,000 of liquidity, with TCY priced at $0.1 each, which will be supported by $5 million of treasury funds. TCY token holders have the right to permanently receive 10% of THORChain's revenue. Earlier, THORChain announced the launch of a 90-day restructuring plan to suspend THORFi lending and savings redemptions.
- 08:52DWF Labs partner: Prepare to gradually buy, pay attention to the reaction of US stocksOn February 3rd, Andrei Grachev, a partner at DWF Labs, stated on social media that he is preparing to gradually buy and "should wait a few more hours to see how the US stock market reacts. Everything is very dangerous now, be careful and DYOR."
- 08:51Whale "7Siblings" another address bought a total of 5382 ETH, today bought a total of 126 million USD ETHOn February 3rd, according to Lookonchain monitoring, another wallet of "7 Siblings" purchased 5,382 ETH ($14.5 million). Therefore, 7 Siblings has purchased a total of 50,429 ETH ($126 million) today. The last time 7 Siblings bought a large amount of ETH at the bottom was on August 6th, 2024, when the market crashed.