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1Bitget Daily Digest | OpenSea signals token launch, AI agents take center stage [December 21]2Bitget Token (BGB) Breaks $4 Barrier: 100% Supply Now in the Green3Bitcoin and Ethereum ETF Entry Series Ended! Major Exits! Here is the Latest Data…
Bitcoin Sees Third Best Quarterly Trading Volume in 3 Years: Report
The last time Bitcoin recorded similar trading volumes was in Q1 and Q2 2021.
Cryptopotato·2024/04/07 09:58
NFT Futures: A New DeFi Primitive for a Cultural Based Asset Class
Cointime·2024/04/07 07:56
Pantera Capital’s $300M Fund Records 66% Gain After Dumping Bitcoin for Solana
Coinedition·2024/04/07 07:46
DOGE, WIF Emerge as Today’s Top Performers, BTC Aims at $70K (Weekend Watch)
WIF has soared by double digits, followed by DOGE and MNT.
Cryptopotato·2024/04/07 06:28
The Bitcoin spot ETF has net purchased 7376 BTC in the past week
·2024/04/07 05:50
Bitcoin halving will have to battle with ‘weak time of year’ — Coinbase
Coinbase explained that total crypto volumes are slowing down due to the market attempting "to find the next narrative to power it higher."
Cointelegraph·2024/04/07 05:21
230,000% ROI in a Decade: Dormant Bitcoin Whale Awakes as BTC Price Heads Toward $70K
A couple of whales have made major moves in the past few days.
Cryptopotato·2024/04/07 04:43
Bitcoin "halving" is less than 14 days away, ORDI's 24-hour increase is 13.72%
Bitget·2024/04/07 03:37
Flash
- 17:06Peter Schiff: Someone has already created USAcoin, but I do not recommend buying itGold advocate Peter Schiff posted on the X platform saying: "Someone has actually created USAcoin, my previous post was ironic, so don't buy USAcoin. But the previous view was that if the U.S. government created a similar token and committed to establishing strategic USA coin reserves, it would make more sense than storing Bitcoin, this part is not a joke." Earlier news reported that Peter Schiff tweeted that the United States could save a lot of money by creating USA Coin instead of creating Bitcoin strategic reserves. Like Bitcoin, its supply cap can reach 21 million, but only after upgrading blockchain can USA coin truly be used for payment.
- 17:04Analysis: MicroStrategy's valuation has dropped to twice the market value of its BTC holdings, and its stock price may face a downward trendAccording to Barron's, the Bitcoin premium of MicroStrategy's stock (measured by the ratio of enterprise value - i.e., market capitalization plus net debt - to the company's holdings in Bitcoin) continues to shrink. The company is currently valued at about twice its Bitcoin holdings, which are approximately 439,000 Bitcoins (estimated by Barron's). This ratio has dropped from a peak of 3.5 times in November to the current double, indicating that MicroStrategy's share price has not been able to keep up with the recent surge and subsequent correction in Bitcoin prices after breaking through $100,000. Given that there is still a high bitcoin premium in stocks, MicroStrategy shares may face more downside space. Currently, MicroStrategy has a market capitalization of about $79 billion USD; it holds around $43 billion USD worth of bitcoins and carries $7 billion USD in debt. An excessively high premium could make MicroStrategy shares prone to corrections as premiums continue shrinking.
- 17:03BTC breaks through 96,000 US dollarsBitget market data shows that BTC has broken through $96,000, currently reported at $96,044.43, with a 24-hour drop of 1.4%.