The demand on the Bitcoin chain has not hit bottom yet

The US government transferred $984000 of Alameda/FTX seized funds, of which $768000 was sent to Coinbase Prime. （Cointelegraph）

The European Central Bank will announce its interest rate decision at 20:15 tonight, and Lagarde will hold a press conference at 20:45. The market expects the European Central Bank to raise the three major interest rates by 25 basis points each.

[Address wenyu8888888 shorts SPCX with $5.7 million at 2x leverage] According to Arkham monitoring, address wenyu8888888 used $5.7 million in account funds to short SPCX (Pre-IPO) at 2x leverage, becoming the largest short seller of SpaceX. SpaceX stock will officially begin trading tomorrow.

[South Korea's KB Kookmin Bank Issues $100 Million Blockchain-Based Digital Bond in Hong Kong] According to the Seoul Economic Daily, South Korea's KB Kookmin Bank has issued a $100 million blockchain-based digital bond in the Hong Kong market. This marks the first time the South Korean banking industry has utilized blockchain technology for foreign currency financing. The issuance has reduced the settlement cycle from 5 business days to 3 business days. The two-year USD digital bond was issued through a private placement, with HSBC serving as the sole bookrunner. The issuance process was completed via HSBC's digital asset platform, Orion.

According to a report by Goldman Sachs, the capital expenditure of ultra large data center operators is expected to reach $1.1 trillion to $1.4 trillion in 2027, higher than Wall Street's expectation of $920 billion, and token consumption is expected to increase 24 times by 2030.