[CZ: The four-year Bitcoin cycle may no longer be valid, a 'supercycle' could be coming]
Binance founder CZ stated that the four-year Bitcoin cycle may no longer be valid and a 'supercycle' could be on the horizon.
BBX News: Yesterday, the listed company's Bitcoin treasury strategy presented a diversified path:
Financing Innovation: Strike (NASDAQ: ASST) has signed an agreement to launch up to $500 million in ATM financing through the issuance of perpetual preferred stock, with funds used to purchase Bitcoin.
Position milestone: ProCap Financial (NASDAQ: BRR) disclosed that its Bitcoin holdings have risen to 5000 BTC.
Steady operation: Genius Group (NYSE: GNS) announced the completion of a small-scale increase in BTC holdings (dozens of coins) and achieved approximately $1 million in book value in trading.
Institutions continue to increase their allocation of Bitcoin through innovative financing, scale accumulation, and treasury operations.
Source: bbx.com/
The current total market value of cryptocurrencies is $320 trillion, with a 24-hour evaporation of $96.467 billion, a decrease of 2.92%. Among them, the market value of Bitcoin accounts for 55.78%, and the market value of Ethereum accounts for 12.12%.
[Jeff Huang Reduces 2,100 ETH Long Positions and Confirms $130,000 Loss]
As ETH dropped below $3,200, Jeff Huang (Machi Big Brother) reduced 2,100 ETH long positions and confirmed a $130,000 loss. The latest liquidation price for the remaining long positions is $3,193.9, facing liquidation risk, with the floating loss on the remaining 9,000 ETH reaching $630,000.
[Global Stablecoin Market Cap Reaches $310 Billion, Setting a New Record]
Data from Token Terminal shows that the global stablecoin market cap has reached $310 billion, setting a new all-time high.