OKX - DOS/USDT contract is showing unusual activity, currently priced at $0.2577, up 3.32% in the last 24 hours. Please keep an eye out for further price opportunities!

Galaxy Research's analysis revealed that the mysterious text recently appearing on the Bitcoin blockchain is actually the automated testing tool Babel Scribe, not encrypted information. This tool runs via a cron job, funded by three exchange withdrawals totaling 0.033 BTC in May, with a current total investment of 3.33 million satoshis, and no payments have been made to others.

Billionaire Grant Cardone has added $800,000 worth of BTC and plans to increase his holdings to 10,000 BTC. (The Bitcoin Historian)

Analyst NoName predicts that Bitcoin will first retrace to $75,000 to fill the gap, and then rise to the cycle high of $190,000.

Galaxy Research points out that over the past three weeks, approximately 40 inscriptions composed of random letters have appeared daily on the Bitcoin network; these are not cryptographic information. Galaxy Research analyzed 562 texts and found that the frequency of the 26 English letters appeared between 3.6% and 4.2%, which differs from the normal distribution of English text. On-chain transaction behavior exhibits automated characteristics, with each transaction containing one input, one change address, and one OP_RETURN data output; the longest transaction chain reached 86 transactions.