24/7 Blockchain industry dynamics and breaking crypto news
On February 1, some Meme coins on BSC surged against the trend, with BULLA's market cap approaching $400 million and 'Wo Ta Ma Lai Le' surpassing $50 million.
Read MorePresident Trump announced that negotiations regarding Greenland have begun and a deal is nearly finalized, sparking interest in potential U.S.-Denmark cooperation in resource and strategic development.
Read MoreOn February 1, data showed Bitmine holds 4.243 million ETH at an average cost of $3,849. With ETH dropping to $2,400, unrealized losses hit $59.2 billion, over a third of its investment.
Read MoreThis morning, the Base mainnet experienced brief transaction delays, with some users reporting extended confirmation times. The team confirmed the issue has been resolved and stability is restored.
Read MoreUS President Trump suggests Fed nominee could gain Democratic support and expressed hope for lower interest rates, potentially impacting monetary policy.
Read MoreA senior UAE royal family member secretly acquired a 49% stake in a cryptocurrency project linked to Trump for $500 million, sparking industry buzz.
Read MoreA major ETH trader dumped holdings at a $3.7M loss while another whale deposited $8.4M worth of ETH to exchanges, according to on-chain data.
Read MoreBitmine's Ethereum holdings now face a floating loss of $59.2 billion as prices drop to around $2,400, exceeding one-third of their cost basis.
Read MoreThe crypto market downturn helps eliminate risky leveraged positions and low-quality tokens, creating space for high-quality assets and signaling the arrival of a new wave of capital flow.
Read MoreVida, founder of Formula News, bought $2 million ETH at $2281, betting on a market rebound. The 1,983.57 ETH holding is already in profit, with $20 million reserved for further dips.
Read MoreOn Feb 1, Trend Research deposited $109.1M USDT after ETH price dropped, reducing debt from $1.12B to $1.01B and leverage to 2.2x. They currently hold 651.5K ETH, worth around $1.83B.
Read MoreOn February 1st, after a complete liquidation, the address linked to Lending Hands re-entered the market with a 10x leveraged bet on HYPE, investing only $63,000 with a liquidation price of $29.2994. The address has lost over $1.63 million in a week, leaving just $7,800.
Read MoreOn Feb 1, Trend Research held 651,500 ETH at a cost of $3,180 per ETH, currently facing a $475M unrealized loss. Due to leveraged loans, their liquidation level is near $1,880, about $570 below ETH's current price.
Read MoreARK Invest founder Cathie Wood notes Bitcoin's low correlation with gold and suggests diversifying into BTC, ETH, and SOL despite gold's previous outperformance during crypto rallies.
Read MoreRecent BTC price declines have increased institutional pressure, with Strategy seeing unrealized gains fade and Trend Research facing $475 million in ETH losses.
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