Market News: Coinbase resumes Bitcoin loan service for US users
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Odaily Planet Daily News: According to market sources, Coinbase has announced through MORPHO: DEFILLAMA restores Bitcoin loans for US users.
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Odaily Planet Daily News: According to market sources, Coinbase has announced through MORPHO: DEFILLAMA restores Bitcoin loans for US users.
[F2Pool Co-Founder Wang Chun Reveals 490 BTC Stolen After Transferring 500 BTC to Suspicious Address to Test Private Key Leak] In response to community discussions about the '50 million USDT phishing attack,' F2Pool co-founder Wang Chun stated in a post that last year, due to suspicions of a private key leak, he transferred 500 BTC to the relevant address to confirm security. As a result, hackers stole 490 BTC and left 10 BTC.
[RHB Investment Bank Expects COMEX Gold Futures to Attempt Breaking the $4,400 Resistance Level Again Next Week] RHB Investment Bank Bhd reported that as investors position themselves ahead of the release of key U.S. economic data, COMEX gold futures may attempt to break the $4,400 per ounce resistance level again next week. If the breakthrough is achieved, gold prices could continue their bullish trajectory and move toward the next resistance level at $4,500. If selling pressure intensifies, prices may retreat to the 20-day simple moving average. The bank currently maintains a positive trading outlook.
[CF Benchmarks Analysts Predict Bitcoin Could Reach $1.4 Million by 2035] CF Benchmarks analysts Gabriel Selby and Mark Pilipczuk, under Kraken, have proposed a new pricing model, forecasting that Bitcoin will account for approximately 33% of gold's market value, with an annualized return rate of 30.1%, and its price will reach $1.4 million by 2035. The report highlights that as institutional participation deepens, volatility may decrease, and Bitcoin's reliance on currency depreciation makes it maintain low correlation with major asset classes, thereby enhancing portfolio diversification. Additionally, improved regulatory transparency, institutional recognition, and liquidity will increase its investment value. Renowned tech investor Cathie Wood previously predicted that Bitcoin's price would reach $1.2 million by 2030. However, due to the rapid adoption of stablecoins, this target was revised down by 20% from her earlier forecast of $1.5 million.
[Binance Wallet: Bitway Pre-TGE to Launch on December 22, Reward Tokens Have Lock-Up Period] Binance Wallet announced that the Pre-TGE for Bitway (BTW) will take place on December 22 from 16:00 to 18:00 (UTC+8). Eligible users can participate by spending 15 points on the Alpha event page. Reward tokens from the Pre-TGE event will be subject to a lock-up period as determined by the project team, during which they cannot be traded, transferred, or used. The unlock time may not be announced in advance.
[Murphy: On-chain data shows sentiment recovery, number of BTC liquidation addresses begins to decrease] Data analyst Murphy stated that on-chain data indicates signs of sentiment recovery. The number of addresses that transitioned from holding BTC to complete liquidation surged between November 13 and 25, reflecting panic and pessimism in market sentiment. During the period from December 1 to 18, BTC repeatedly tested the bottom, and the number of liquidation addresses began to decrease, aligning with the bullish behavior and sentiment changes observed in the futures market.