| Reporter Kang Soobin
Cryptocurrency analyst Ai Gu records a loss on a whale’s 40x leveraged Bitcoin trade.
According to cryptocurrency analyst Ai 姨 (@ai_9684xtpa), one whale address recorded a loss of about $4.99 million after trading Bitcoin with high frequency with leverage of up to 40 times over the past month.
Paraguay promotes government-led Bitcoin mining
ANDE, Paraguay’s state-run electric power company, is launching government-led Bitcoin mining using confiscated Bitcoin mining machines.
On-chain analyst 余烬 warns of large Ethereum withdrawals
According to on-chain analyst 余烬 (EmberCN), about 5 hours ago, the gammafund.eth address withdrew 9,000 Ethereum (ETH) from Binance.
Bitcoin mining hosting company Applied Digital raises $2.15 billion in corporate bonds
Bitcoin mining hosting and cloud service provider Applied Digital has completed raising $2.15 billion in corporate bonds.
Tensions in the Middle East rise, UAE considers military response after Iran attack
It has been reported that the United Arab Emirates (UAE) is considering military response after receiving a large-scale missile and drone attack from Iran.
Tether and the Swiss city of Lugano jointly invest in Bitcoin business
Tether and the Swiss city of Lugano will jointly invest up to 5 million Swiss francs (about $6.3 million) to expand the Bitcoin business.
Mizuho Securities analyst raises Circle’s target price
Dan Dolev, an analyst at Mizuho Securities, raised the target stock price for stablecoin USDC issuer Circle by 10% from $90 to $100.
Expansion of cryptocurrency payment services in Latin America, Bitget Wallet
Bitget Wallet has partnered with Mastercard to expand its cryptocurrency payment card in 11 Latin American countries.
European Central Bank warns of risks of stablecoin proliferation
The European Central Bank (ECB) warned that the rapid spread of stablecoins could pose structural risks to the euro zone financial system and monetary policy.
US stock market declines, cryptocurrency-related stocks also weaken
As the U.S. stock market closed lower, cryptocurrency-related stocks also showed weakness.
This article was written based on market data and chart analysis and is not a recommendation to invest in specific stocks.
