HISTORY: One year ago today, BTC printed a new all-time high of ~$124,025, up 30% YTD. ETH also hit $4,750, just shy of its own ATH.
The rally was fueled by ETF inflows, institutional adoption, and expected Fed rate cuts. (CoinDesk)
According to the popularity ranking, BTW's popularity has increased by 60000 followers compared to yesterday, ranking second. The popularity ranking is as follows:
① BTW ($2.33,13.66%)
② ETH ($2418.49,-0.64%)
③ NEAR ($4.98,-3.30%)
④ ZEC ($1132.13,-3.54%)
⑤ STRK ($0.06326,-12.10%)
The buying power of BTW's main funds is weak, with a net inflow of $7.883 million in 24 hours and a transaction volume of $648 million in 24 hours, of which the net inflow of the main funds is $928700.
Ledger CEO Pascal Gauthier responded to the warning from Mark Karpel è s, former CEO of Mt. Gox, about hardware implant security risks, questioning Mark Karpel è s' stance and stating that Ledger is doing everything in its power to protect users. Pascal Gauthier expressed that security work is challenging and acknowledged Mark Karpel è s' attention to this matter, but requested that he speak based on known facts, avoid speculation, and stated that Mark Karpel è s is not a knight in white.
The Iranian Foreign Minister stated that the plan to reopen the Strait of Hormuz within 7 days is still valid. If the United States complies with Iran's conditions, the Strait of Hormuz can be opened within 6 days and negotiations can resume on the 7th day.
Crypto analyst Darkfost stated that after Bitcoin was blocked around $87000, the MVRV percentile fell below 30, entering a transitional phase after the market surrendered. Darkfost believes that the current valuation still conforms to the characteristics of the accumulation interval, and Bitcoin has only been at this valuation level for about 25% of its history.
The European Union has signed an Additional Protocol to the Warsaw Convention with Georgia, Greece, Hungary, Luxembourg, Monaco, Montenegro, San Marino, and the United Kingdom, which includes virtual assets and VASP in its scope of application to address transnational crimes of money laundering and terrorist financing using encrypted assets. (Source: Bitcoin.com News)