BlockBeats News, January 22 — Crypto KOL and former FTX community partner Benson Sun stated, “Trump once again ‘TACO’ (Trump backing down at the last minute), but US stocks have already rebounded to the starting point of the decline, while Bitcoin remains significantly below the initial drop point. Currently, off-chain funds still show little interest in BTC, making it difficult to break through $100,000. The subsequent market may fluctuate widely within the range of $85,000 to $95,000. He warned that bulls should avoid overconfidence and focus on flexible trading.”
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
LM Funding America: Sells 18.1 BTC and extends the $11 million Galaxy Digital loan to April 24
Nasdaq-listed Bitcoin mining company LM Funding America announced an unaudited report. In February, mining output reached 8.7 BTC, a new record high, but during the same period, 18.1 BTC were sold, reducing the total holdings to 354.7 BTC (approximately $23.8 million). The company also extended the maturity date of a $11 million loan from Galaxy Digital to April 24, 2026.
GateNews6m ago
February Cryptocurrency Mining: Profits Drop to Historic Lows, Bitdeer Liquidates BTC but Dominates Hashrate
Bitcoin mining is facing unprecedented operational pressures, with Hashprice hitting a historic low, leading many mining companies to reduce production or shut down equipment. Bitdeer has cleared its Bitcoin holdings but increased its hash rate, indicating active expansion of liquidity and AI/HPC businesses. While the transformation of mining into AI and high-performance computing shows potential, it still requires time to adapt, and mining remains the primary source of income.
MarketWhisper11m ago
Strategy's STRC Preferred Stock Emerges as Yield Backbone for Stablecoin Ecosystem
Strategy Inc's STRC perpetual preferred stock is evolving from a bitcoin acquisition funding tool into foundational infrastructure for a new class of yield-backed stablecoin and savings-token protocols.
CryptopulseElite19m ago
Multiple major short whales are being liquidated one after another, with the largest single liquidation whale on the entire network reaching a total liquidation scale of $15.7 million.
On March 5th, BTC briefly surged to $74,000, causing several large short whales to be liquidated on the Hyperliquid platform, including one address that was liquidated for 214 BTC, approximately $15.7 million, setting the largest single liquidation record in the entire network. Other whales also experienced multiple liquidations, totaling nearly $10 million.
GateNews21m ago
Bitwise donates $233,000 to Bitcoin open-source developers, marking their second annual donation round.
Odaily Planet Daily reports that Bitwise posted on the X platform stating that, as part of its annual commitment to support Bitcoin open-source developers, Bitwise donated $233,000 to Bitcoin open-source developers. This year, Bitwise Bitcoin ETF (BITB) saw significant growth, and this donation is the second annual contribution under the plan to donate 10% of gross profits each year at the launch of BITB. The funds will be managed by Brink, OpenSats, and
GateNews22m ago
BlackRock only 1.28 billion USD holding includes 17,642 BTC in just 10 days
BlackRock has significantly increased its Bitcoin exposure by acquiring 17,642 BTC since February 24, totaling approximately $1.28 billion. This move reflects sustained institutional interest in Bitcoin despite ongoing price volatility and indicates a positive outlook for its role in diversified asset portfolios. Analysts are closely monitoring institutional capital flows to assess their impact on liquidity and short-term price trends.
TapChiBitcoin26m ago
