BTC breaks through $65,000

According to on-chain analyst Ember, "2 million AUCTION Giant Whale/Institution from Binance" transferred the last 200,000 AUCTION (worth about $4.90 million) to Binance more than 20 minutes ago. The 2 million AUCTION that the whale/institution had hoarded some time ago has all been transferred to Binance. From 4am today to now, 1.50 million AUCTION (worth about $49.88 million) has been transferred from "Whales/Institutions that raised 26% of the total from Binance" to Binance. The project party...

According to on-chain analyst @ali_charts, 60.52% of bitcoin futures traders on the Binance platform are betting that the price of bitcoin will rise.

On March 23rd, Minister of Finance Lan Foan said at the "China Development Forum 2025 Annual Meeting" that one of the focuses of this year's fiscal policy is to vigorously boost consumption. The central government has provided real money to promote consumption on both sides of supply and demand. This year, 300 billion yuan of super-long-term special government bond funds will be arranged to support consumption "trade-in". The scale of funds has doubled from last year, directly reducing consumers...

According to data analyst @ai_9684xtpa on the chain, Wintermute has transferred all 2.50 million ORCA (worth about $9.62 million) received from the project party to CEX. Since Wintermute received the token the day before yesterday, the price of ORCA has fallen by 29.7% ($3.642 to $2.56).

Wang Yongli, former deputy governor of the Bank of China, wrote an article "Bitcoin, stablecoins and central bank digital currencies should not be compared", in which he pointed out: 1. Bitcoin can only be an asset rather than a real currency, but that doesn't mean it has no value. However, due to the volatile and long-term uncertainty of bitcoin prices, using bitcoin as a currency reserve is very dangerous.

On March 23rd, trader Eugene posted a graphic on his personal channel saying that he believes that the current market has entered the fifth stage in the chart (long losses, currency price consolidation, volume and volatility shrinking). At this stage, some strong counterfeit products have reached the bottom, but still uncertain about the price of most assets.

On March 21 local time, the Federal Reserve released an audited financial report showing that the Federal Reserve's annual operating loss in 2024 reached 77.60 billion US dollars (about 560 billion yuan), marking the second consecutive year of huge losses. Analysts believe that the main reason for the Federal Reserve's huge losses is the violent interest rate hikes from 2022 to 2023. When the Federal Reserve can return to profitability depends on its subsequent interest rate cut path. The New Yo...

On March 23rd, today, the 2025 annual meeting of China Development Forum was held in Beijing. At the annual meeting, Han Wenxiu, deputy director of the Office of the Central Financial and Economic Commission in charge of daily work and director of the Office of the Central Rural Work Leading Group, said that our country will comprehensively implement policies to expand consumption, and constantly form a situation in which high-quality development and high-quality life promote each other and comp...

Rosen Law Firm announced that it will file a class action lawsuit on behalf of Game of Silks NFT purchasers, an NFT-powered fantasy horse racing game project that completed a $5 million financing in 2023 (the total financing amount exceeded $10 million), but the project never filed a registration statement with the SEC, so its NFT may violate the Securities Act and be suspected of material misrepresentation. It is reported that Rosen Law Firm revealed that the lead plaintiff plans to file a moti...

BlackRock CEO Larry Fink said the bitcoin price is expected to rise to $50 to $700,000.

According to on-chain analyst Ember, "2 million AUCTION whales/institutions from Binance" have transferred 300,000 AUCTION into Binance in the past 15 minutes, worth about $8.56 million. Today they have transferred 1.05 million AUCTION (worth about $37.81 million) to Binance, and only 450,000 AUCTION (worth about $1284) is held by the address on the chain.

Nasdaq-listed bitcoin miner Bitdeer released an update on its bitcoin holdings, revealing that its total bitcoin holdings rose to 1,116 BTC (pure holdings, excluding customer deposits), an increase of about 26 BTC in a single week.