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- 12:28Bloomberg: Long-term holders have sold over $45 billion worth of BTC in the past month, causing a major market downturnChainCatcher news, according to Bloomberg, bitcoin fell as much as 7.4% on Tuesday, dropping below the $100,000 mark for the first time this year. Over the past month, long-term bitcoin holders have sold about 400,000 bitcoins, equivalent to approximately $45 billions in capital outflows, causing an imbalance in the market. This round of decline has been mainly driven by continued selling in the spot market, with market attention focused on those long-term holders who have chosen to sell.
- 12:18Hyperscale Data completes $125 million stock offering planJinse Finance reported that the US-listed BTC treasury company Hyperscale Data Inc has completed a market stock offering plan (At-The-Market Program) valued at $125 million. The completion of this stock offering plan has provided financial support for Hyperscale Data, helping the company to continue expanding its infrastructure service capabilities at the intersection of cryptocurrency and artificial intelligence.
- 12:18Bloomberg Analyst: Even with a BTC Price Pullback, BlackRock IBIT's Annualized Return Remains Close to 80%Jinse Finance reported that Eric Balchunas, Senior ETF Analyst at Bloomberg, stated that even with a price pullback, bitcoin's price has still increased by as much as 300% since BlackRock submitted its bitcoin ETF (IBIT) application 30 months ago, which is equivalent to an annualized return of nearly 80%. Therefore, the market does not need to worry.