Peter Brandt says Bitcoin market performance follows historical cyclical patterns
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Peter Brandt stated in an interview that the current performance of the Bitcoin market conforms to its historical cyclical pattern and refutes the view that it is currently in a bull market. （Cointelegraph）
An Ethereum ICO participant with address 0x6A53 deposited 0.1 ETH into Coinbase after 11 years of silence. The address previously received 2000 ETH at a cost of $620 and currently holds a value of $3.83 million. （Lookonchain）
Hardware wallet manufacturer Ledger pointed out that BIP-110 is a Bitcoin soft fork scheme without built-in replay protection. If users attempt to transfer or sell assets on the BIP-110 chain, related transactions may be replayed to the Bitcoin main chain, resulting in the corresponding BTC being transferred out. Ledger recommends not to claim or operate BIP-110 fork coins before the replay protection mechanism is added.
According to Iranian Foreign Minister Aragorzi on August 8th, Iran is in talks with Oman regarding the legal mechanism, management methods, and shipping routes in the Strait of Hormuz, and the two sides are close to reaching an agreement. The reopening of the Strait of Hormuz depends on the United States making up for its violation of the US Iran Memorandum of Understanding. Iran believes that the original traffic separation system is no longer applicable, and both sides are currently discussing temporary navigation routes. The military departments of the two countries have started consultations based on nautical charts.
[Suspected Miner Address Deposits 2,802 BTC to Binance, Total of 6,494 BTC Deposited Over the Past 20 Days]
According to Ember monitoring, a suspected miner address has deposited 2,802 BTC to Binance in the past two days, valued at approximately $182 million. Over the past 20 days, the address has cumulatively deposited 6,494 BTC to Binance, with a total value of approximately $421 million and an average price of around $64,798.
SpaceX's stock price has rebounded for two consecutive days, with over 250 million SpaceX shares sold short, accounting for approximately 16% of tradable shares. As of 1:50 pm New York time on Friday, SpaceX's options trading volume reached 2.24 million contracts, with call options trading volume reaching 1.3 million, a historic high. The market still has concerns about SpaceX's overvaluation.
