Standard Chartered analyst: Bitcoin's decline is partly due to the frenzy in the Meme market

Odaily Planet Daily News: Michael Saylor's Strategy (formerly MicroStrategy) company announced the launch of a joint office space called Bitcoin Hub, which reportedly aims to attract innovators to join and promote Bitcoin innovation. （Bitcoin Magazine）

According to BlockBeats, on February 26th, according to Lookonchain monitoring, internal teams of LIBRA and MELANIA were laundering money through "knock on transactions". The team spent 19846 SOLs (approximately $2.76 million) to purchase a meme (POPE) with a market value of less than $150000, and ultimately sold it for 175 SOLs (approximately $24000), losing $2.73 million. This $2.73 million was effectively transferred to other wallets in a "legal" manner.

According to Bloomberg, the bankruptcy cost of FTX is close to $950 million, making it one of the most expensive bankruptcy cases since Lehman Brothers and the most expensive in US history. In 2008, Lehman Brothers, the fourth largest investment bank in the United States, declared bankruptcy protection after failed negotiations for acquisition due to investment failures, triggering a global financial tsunami.

At the opening of the US stock market, the Dow Jones Industrial Average rose 63 points, the Nasdaq rose 70 points, and the S&P 500 index rose 0.32%.

The main large order is displayed on the K line in the form of a horizontal line, the thicker the line means the larger the pending order amount, and the longer the line represents the longer the pending order time