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Bitcoin’s surge past $105K has led long-term holders to take profits, with market data showing a spike in realized profits. Despite this, a positive funding rate signals that the cycle peak may still be ahead, maintaining a bullish outlook.
In Brief SUI increased by approximately 75% in one month, surpassing the $4.00 mark. Investors expect the altcoin to challenge its $5.30 all-time high. Strengthening technical indicators and ecosystem figures support SUI's rally.
In Brief The crypto market is showing similarities to the Dot-Com bubble era. There is a bullish expectation for XRP and SEI with potential price increases. Institutional interest in crypto may support Bitcoin and altcoins' prices.
In Brief Bitcoin price hovers around $103,000, with altcoins slowing due to stock rally loss. Ethereum's gain potential remains high, aligning with many market predictions. Institutional demand for crypto remains significant, focusing on Ethereum's infrastructure.
- 06:16Analysis: Bitcoin Core Relay Policy Statement Causes Discontent in Bitcoin Community and May Even Lead to Community SplitThe Bitcoin Core Project released a statement yesterday regarding Bitcoin core development and transaction relay strategy, recommending a non-interference approach to the Bitcoin network. However, this move has sparked strong dissatisfaction within the Bitcoin community, with analysis suggesting it could lead to a split in the community: 1. JAN3 CEO Samson Mow stated that Bitcoin Core developers have been gradually changing the network, but the notion of "that's just how it is, too bad" is inappropriate; 2. Casa founder Jameson Lopp commented that Bitcoin Core developers are a group, and their statement that they cannot force anyone to run code they dislike sounds like PR, but when there is no unified message and just a group of independent developers making statements, such PR is ineffective; 3. Bitcoin developer Carl Horton remarked that Bitcoin is a "currency," not a "bucket," "store," or any general data storage, but a peer-to-peer electronic cash system; 4. Bitcoin Core developer Luke Dashjr stated that the transaction relay goals listed in the statement are mostly incorrect, predicting which information will be mined is a centralized goal, and the main aim of transaction relay is to predict Bitcoin transactions that will be mined, aiding spam propagation is harmful.
- 06:16This week, U.S. Bitcoin spot ETFs saw a net outflow of $131.6 millionAccording to Farside Investors data, this week the US Bitcoin spot ETF saw a net outflow of $131.6 million, including: BlackRock's IBIT with a net inflow of $81.1 million; Fidelity's FBTC with a net outflow of $167.7 million; and ARKB with a net outflow of $24.5 million.
- 06:14Meta is in talks for a large-scale AI investment possibly exceeding $10 billionAccording to informed sources, Meta Platforms is in talks to invest billions of dollars in the AI startup Scale AI. Some insiders suggest that the value of this financing could exceed $10 billion, making it one of the largest private company financings ever. These sources stated that the terms of the deal have not been finalized and are subject to change, requesting anonymity when discussing private information. Representatives for Scale AI did not immediately respond to requests for comment. Meta declined to comment.