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Analysis: If the US government liquidates its altcoin holdings, it could add about 5,000 bitcoins

On March 10th, according to news.bitcoin, the US government currently holds 60,850 ETH, worth about $122.96 million, which can be liquidated for 1,522.86 BTC. In addition, they also hold 1.22 billion USDT, which can roughly get around 1,500 BTC. Furthermore, the government holds Wrapped Bitcoin (WBTC), with a reserve of 750.722 WBTC, worth $61.69 million; and also holds 40,293 BNB and other assets, with BNB assets worth $22.34 million, which can be stored or liquidated for 276.86 BTC. This means that if the government liquidates its holdings of altcoins, it can add 5,004.55 BTC to the treasury.

2025-03-10 12:04:01

A whale shorted BTC in the market decline, with unrealized profits exceeding $7.5 million

According to Lookonchain monitoring, during the recent price drop process, a whale was very good at shorting BTC, with unrealized profits exceeding 7.5 million US dollars.

2025-03-10 12:04:00

Mark Carney, who will be Canada’s prime minister, has previously supported Musk’s crypto adoption comments

The ruling party of Canada, the Liberal Party, announced that Mark Carney has been elected as the new leader of the party. Carney will succeed current Prime Minister Trudeau as the Prime Minister of Canada and form a new cabinet.

2025-03-10 12:03:58

Seven whales/institutional addresses that recently bought the bottom of ETH have accumulated a floating loss of $10.25 million

According to on-chain analyst @ai_9684xtpa, the seven giant whales / institutional addresses that recently bottomed out ETH have accumulated a total loss of $10.25 million.

2025-03-10 12:03:56

If Bitcoin falls below $80,000, the cumulative long order liquidation intensity of mainstream CEX will reach 169 million

According to Coinglass data, if Bitcoin falls below $80,000, the cumulative liquidation strength of mainstream CEX long positions will reach 169 million. Conversely, if Bitcoin breaks through $83,000, the cumulative liquidation strength of mainstream CEX short positions will reach 469 million.

2025-03-10 11:02:52

Solana prediction market takes.fun testnet has ended

Solana prediction market takes.fun has announced the end of its testnet testing. The team has adopted all feedback to improve the platform and will soon launch the mainnet on Solana.

2025-03-10 11:02:50

Bitmain announces completion of testing of latest SEAL03 Bitcoin mining chip

Bitmain Technology Group, a blockchain and high-performance computing technology company (NASDAQ stock code: BTDR) (hereinafter referred to as "Bitmain" or "the Company") announced today that its latest Bitcoin mining chip SEAL03 has successfully passed testing after tape-out.

2025-03-10 11:02:48

South Korean financial experts and opposition lawmakers call for consideration of Bitcoin reserves

South Korean financial experts and opposition party politicians urged South Korea last Wednesday at a seminar held by the main opposition party, the Democratic Party, in the National Assembly, to include Bitcoin in the national reserves and develop a stablecoin supported by the Korean won. According to the initial report by the Korean Pioneer, the seminar analyzed potential responses to the US establishing national reserves centered around Bitcoin. This discussion took place just before President Trump signed an executive order to establish Bitcoin reserves and cryptocurrency reserves on Thursday.

2025-03-10 11:02:48

Apex Fintech is considering acquiring Bakkt

On March 10th, Axios reported that Apex Fintech, a financial technology company focused on embedding stock trading in applications, is considering acquiring Bakkt, the crypto platform originally spun off from Intercontinental Exchange (ICE).

2025-03-10 11:02:46

A whale increased its long position on HyperLiquid, and its floating loss expanded to $14.39 million

According to Onchain Lens monitoring, a whale has increased its long positions on SOL, ETH, WIF, BTC, and kPEPE, currently facing a floating loss of $14.39 million. The whale still has open contract orders for these tokens, totaling $8.43 million.

2025-03-10 11:02:46

Ethereum has a potential on-chain liquidation of $128 million at $1919

On March 10th, according to DefiLlama data, there is a potential on-chain liquidation of $128 million at an Ethereum price of $1919.266. The majority of this is from MakerDAO protocol liquidations, totaling $127.8 million.

2025-03-10 11:02:44

An address deposited 1.14 million USDC to Hyperliquid and went long on Bitcoin with 20x leverage

According to Lookonchain monitoring, during the period of Bitcoin price decline, some whales chose to buy against the trend and go long on BTC. Address 0x9b28...7cA1 deposited 1.14 million USDC to Hyperliquid to go long on Bitcoin with 20x leverage. At the same time, another address 0x8Bff...CDC3 invested 4 million dollars and set 100 limit orders to go long on Bitcoin in the price range of $76,000 to $79,000.

2025-03-10 11:02:41

WLFI's investment portfolio has lost $110 million, with ETH accounting for 65% of the entire portfolio

According to on-chain analyst Yu Jin's monitoring, the investment portfolio of WLFI has currently lost 110 million US dollars. The 9 types of tokens purchased for 336 million US dollars are now worth only 226 million US dollars. Because ETH accounts for 65% of the entire investment portfolio, it is also the biggest loser: the average cost of ETH is $3,240, and the current price is $2,000. The loss is as high as 80.85 million US dollars (-37%). Surprisingly, the one that has dropped the least is Sun Ge's TRX: it has only dropped by 5% since being bought from WLFI.

2025-03-10 11:02:39

Only 4% of the world's population will own Bitcoin by 2025, report says

Only 4% of the global population currently holds Bitcoin, with the United States having the highest concentration of holders, estimated at 14% of individuals owning BTC.

2025-03-10 09:36:51

Utah Bitcoin Bill Passes State Senate, But Key Provisions Are Deleted

The Bitcoin bill in Utah has passed the state Senate, but the core provisions of the bill have been removed. The provision was originally intended to make Utah the first state in the United States to have its own Bitcoin reserve. The "HB230 Blockchain and Digital Innovation Amendment" bill now only provides basic custody protection to Utah citizens, giving them rights to mine Bitcoin, run nodes, and participate in staking. On March 7, the bill passed with 19 votes in favor, 7 votes against, and 3 abstentions, and will now be sent to Utah Governor Spencer Cox for signature into law.

2025-03-10 09:36:50

Web3 platform Galaxis receives $5 million investment commitment from Bolts Capital

The Singapore Web3 platform Galaxis announced a $5 million investment commitment from Bolts Capital to accelerate its Decentralized Science (DESCI) program and smart certificate solutions, aimed at using blockchain technology to enhance the capabilities of researchers, institutions, brands, and creators through transparency, identity verification, and intellectual property ownership.

2025-03-10 09:36:49

CryptoQuant Research Director: Bitcoin Spot Demand Growth is Shrinking

On March 9th, CryptoQuant research director Julio Moreno posted on X platform, saying that the reason for the decline in Bitcoin price is simply that the current growth in spot demand for Bitcoin is shrinking, while Bitcoin's short positions dominate the futures market.

2025-03-10 09:36:48

Today's Fear and Greed Index dropped to 20, and market sentiment turned to "extreme panic"

Today's cryptocurrency panic and greed index dropped to 20 (yesterday the index was 27), changing to "extreme panic" level. Note: Panic index threshold is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market survey (15%) + bitcoin's proportion in the entire market (10%) + Google hot word analysis (10%). Showing market sentiment as "extreme panic".

2025-03-10 09:36:48

Opinion: The failed launch of the Bitcoin strategic reserve and the outflow of ETFs both indicate that the bear market has arrived

Jacob King, the founder of WhaleWire, posted on social media that the bear market for Bitcoin has arrived. The failure of Bitcoin's strategic reserve launch clearly indicates that, apart from confiscated bitcoins, there was never any intention to purchase any other assets. At the same time, the claim of institutional demand has collapsed, with record outflows of ETF funds as proof. All narratives have been shattered - every single one.

2025-03-10 09:36:46

Trump: US economy enters "transition period", refuses to rule out possibility of recession

US President Trump refuses to rule out the possibility that the US economy will shrink and enter a recession this year. He said his comprehensive economic agenda may cause short-term turbulence, but he believes it will drive future prosperity.

2025-03-10 09:36:46