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Whale Movements Alert
Large Bitcoin withdrawals attract attention <-> Someone created a new wallet 39B2BNj and withdrew 1,546 Bitcoins from Binance 4 hours ago, worth approximately $106.68 million.
Large Bitcoin withdrawals attract attention <-> Someone created a new wallet 39B2BNj and withdrew 1,546 Bitcoins from Binance 4 hours ago, worth approximately $106.68 million.
Whale Movements Alert
New wallet large withdrawal <-> A newly created wallet 0x9433 withdrew 60,001 ETH (valued at 123 million USD) from #Gate and deposited it into Aave.
New wallet large withdrawal <-> A newly created wallet 0x9433 withdrew 60,001 ETH (valued at 123 million USD) from #Gate and deposited it into Aave.
A newly created wallet deposited 60,000 ETH into Aave V3 after withdrawing from a CEX
According to news from Hash Chain, Onchain Lens monitored that a newly created wallet deposited these tokens into Aave V3 after withdrawing 60,000 ETH from the cryptocurrency exchange Gate. The total value of the ETH involved in this operation reached 122.96 million USD.
According to news from Hash Chain, Onchain Lens monitored that a newly created wallet deposited these tokens into Aave V3 after withdrawing 60,000 ETH from the cryptocurrency exchange Gate. The total value of the ETH involved in this operation reached 122.96 million USD.
Wintermute CEO: Rumors in the crypto market are unreliable, structure is more orderly and risks are controllable
Wintermute CEO: Rumors in the crypto market are unreliable, structure is more orderly and risks are controllable
According to a report from HashWorld, Evgeny Gaevoy, the CEO of Wintermute, issued a statement on social media expressing skepticism towards the rumors of 'large institutional liquidations' circulating in the market. He noted that while individual institutions may face issues, it is unlikely to lead to long-term systemic impacts. He pointed out that historically, events similar to 3AC and FTX could be quickly confirmed through industry channels, and currently, no such signs have been observed, with rumors mainly coming from unreliable anonymous sources. According to Evgeny Gaevoy, the current market leverage primarily comes from perpetual contracts, which, compared to the previously opaque uncollateralized lending platforms, has a more orderly leverage structure. Exchanges have learned lessons in risk management and are using mechanisms such as ADL to prevent losses. He also believes that no institution would now use the FTX model of investing user deposits in illiquid assets. Finally, he mentioned that a bankrupt company that publicly denies its status would face significant legal risks, especially in regions like Europe, the United States, and Singapore.
According to a report from HashWorld, Evgeny Gaevoy, the CEO of Wintermute, issued a statement on social media expressing skepticism towards the rumors of 'large institutional liquidations' circulating in the market. He noted that while individual institutions may face issues, it is unlikely to lead to long-term systemic impacts. He pointed out that historically, events similar to 3AC and FTX could be quickly confirmed through industry channels, and currently, no such signs have been observed, with rumors mainly coming from unreliable anonymous sources. According to Evgeny Gaevoy, the current market leverage primarily comes from perpetual contracts, which, compared to the previously opaque uncollateralized lending platforms, has a more orderly leverage structure. Exchanges have learned lessons in risk management and are using mechanisms such as ADL to prevent losses. He also believes that no institution would now use the FTX model of investing user deposits in illiquid assets. Finally, he mentioned that a bankrupt company that publicly denies its status would face significant legal risks, especially in regions like Europe, the United States, and Singapore.
Experts say Bitcoin ETF failed to reduce market volatility
Experts say Bitcoin ETF failed to reduce market volatility
On the news from Hash World Chain, Bloomberg senior ETF analyst Eric Balchunas expressed a "reflection" on the judgment of the Bitcoin ETF funding structure on the X platform. He stated that his previous judgment that the investor structure of the Bitcoin ETF would be stronger than market expectations is still largely valid. However, he previously expected that ETF funding would reduce the market's dramatic volatility, a judgment that has proven to be incorrect. Eric Balchunas mentioned that he originally believed that retail funding in the ETF would replace the highly speculative retail investors before the FTX incident, thereby enhancing market stability, but he did not fully consider the selling impact brought about by early holders (OG) reducing their positions at high levels. He also pointed out that Bitcoin's increase of about 450% in two years is itself a potential risk signal, as rapid price increases are often accompanied by high volatility. Therefore, in the foreseeable future, the characteristic of Bitcoin as a high-volatility, high-risk asset will continue.
On the news from Hash World Chain, Bloomberg senior ETF analyst Eric Balchunas expressed a "reflection" on the judgment of the Bitcoin ETF funding structure on the X platform. He stated that his previous judgment that the investor structure of the Bitcoin ETF would be stronger than market expectations is still largely valid. However, he previously expected that ETF funding would reduce the market's dramatic volatility, a judgment that has proven to be incorrect. Eric Balchunas mentioned that he originally believed that retail funding in the ETF would replace the highly speculative retail investors before the FTX incident, thereby enhancing market stability, but he did not fully consider the selling impact brought about by early holders (OG) reducing their positions at high levels. He also pointed out that Bitcoin's increase of about 450% in two years is itself a potential risk signal, as rapid price increases are often accompanied by high volatility. Therefore, in the foreseeable future, the characteristic of Bitcoin as a high-volatility, high-risk asset will continue.
Michael Burry pointed out that the Bitcoin decline is similar to the bear market in 2022
Michael Burry pointed out that the Bitcoin decline is similar to the bear market in 2022
According to reports from Hash World, Michael Burry stated that the current downtrend of Bitcoin is similar to that of the bear market phase in 2022, raising concerns about the depth of the correction in the market. He pointed out that the trend of Bitcoin falling from approximately $126,000 to around $70,000 is reminiscent of the early decline during the 2021-2022 bear market. In past cycles, Bitcoin stabilized only after dropping from about $35,000 to below $20,000. Some market participants believe that if calculated based on a similar percentage decline, the theoretical risk range could point to around $50,000, but Michael Burry did not specify a target price. Meanwhile, the market is skeptical about the validity of analogies based on a single historical cycle, and trading institutions believe that the reference value of a 'model' constructed solely based on one historical event is limited. The current market conditions differ significantly from those in 2021-2022, including the impact of spot Bitcoin ETFs on institutional liquidity, changes in market leverage structure, and the macro environment shifting from an aggressive interest rate hike cycle to cross-asset volatility dominance.
According to reports from Hash World, Michael Burry stated that the current downtrend of Bitcoin is similar to that of the bear market phase in 2022, raising concerns about the depth of the correction in the market. He pointed out that the trend of Bitcoin falling from approximately $126,000 to around $70,000 is reminiscent of the early decline during the 2021-2022 bear market. In past cycles, Bitcoin stabilized only after dropping from about $35,000 to below $20,000. Some market participants believe that if calculated based on a similar percentage decline, the theoretical risk range could point to around $50,000, but Michael Burry did not specify a target price. Meanwhile, the market is skeptical about the validity of analogies based on a single historical cycle, and trading institutions believe that the reference value of a 'model' constructed solely based on one historical event is limited. The current market conditions differ significantly from those in 2021-2022, including the impact of spot Bitcoin ETFs on institutional liquidity, changes in market leverage structure, and the macro environment shifting from an aggressive interest rate hike cycle to cross-asset volatility dominance.
Non-farm CPI will become the focal point of the competition between gold and the dollar, posing challenges for investors.
Non-farm CPI will become the focal point of the competition between gold and the dollar, posing challenges for investors.
The HashiChain news reported that after a significant drop in some trades on Wall Street, the U.S. stock market rebounded on Friday, with the S&P 500 index rising by 2%. The Dow Jones Industrial Average has surpassed 50,000 points for the first time. Earlier this week, artificial intelligence company Anthropic PBC launched a new automation tool, leading to a sell-off in software, financial services, and asset management stocks, affecting the broader market. This situation is reminiscent of the market's reaction to the DeepSeek AI model in 2025. Traders are preparing for a new week, during which retail sales data, the delayed January U.S. non-farm employment report, and CPI inflation data will be released. Here are the key items the market will focus on: 1. Tuesday at 02:30, Federal Reserve Governor Waller will deliver a speech on digital assets; 2. Tuesday at 04:15, Atlanta Fed President Bostic will speak on monetary policy and economic outlook; 3. Wednesday at 01:00, Cleveland Fed President Harker will speak on 'Banking and Economic Outlook'; 4. Wednesday at 02:00, Dallas Fed President Logan will deliver remarks; 5. Thursday at 08:00, Dallas Fed President Logan will speak at an event, and Federal Reserve Governor Milaan will attend. The uncertainty surrounding the Fed leadership has increased the market's cautious attitude, raising questions about the future policy direction. The market is currently reassessing the potential timing of rate cuts, with expectations for a rate cut in June heating up.
The HashiChain news reported that after a significant drop in some trades on Wall Street, the U.S. stock market rebounded on Friday, with the S&P 500 index rising by 2%. The Dow Jones Industrial Average has surpassed 50,000 points for the first time. Earlier this week, artificial intelligence company Anthropic PBC launched a new automation tool, leading to a sell-off in software, financial services, and asset management stocks, affecting the broader market. This situation is reminiscent of the market's reaction to the DeepSeek AI model in 2025. Traders are preparing for a new week, during which retail sales data, the delayed January U.S. non-farm employment report, and CPI inflation data will be released. Here are the key items the market will focus on: 1. Tuesday at 02:30, Federal Reserve Governor Waller will deliver a speech on digital assets; 2. Tuesday at 04:15, Atlanta Fed President Bostic will speak on monetary policy and economic outlook; 3. Wednesday at 01:00, Cleveland Fed President Harker will speak on 'Banking and Economic Outlook'; 4. Wednesday at 02:00, Dallas Fed President Logan will deliver remarks; 5. Thursday at 08:00, Dallas Fed President Logan will speak at an event, and Federal Reserve Governor Milaan will attend. The uncertainty surrounding the Fed leadership has increased the market's cautious attitude, raising questions about the future policy direction. The market is currently reassessing the potential timing of rate cuts, with expectations for a rate cut in June heating up.
Bitcoin mining company IREN discloses: cash and cash equivalents reach 2.8 billion USD
According to HashChain news, Nasdaq-listed Bitcoin mining company IREN released its financial report, stating that as of January 31, 2026, the total amount of cash and cash equivalents reached 2.8 billion USD. Since the beginning of this year, IREN has raised over 9.2 billion USD through customer prepayments, convertible bonds, GPU leasing, and GPU financing. The company plans to gradually transform into the artificial intelligence sector and increase its GPU count by 140,000, expecting to achieve an annual recurring revenue of 3.4 billion USD by the end of 2026.
According to HashChain news, Nasdaq-listed Bitcoin mining company IREN released its financial report, stating that as of January 31, 2026, the total amount of cash and cash equivalents reached 2.8 billion USD. Since the beginning of this year, IREN has raised over 9.2 billion USD through customer prepayments, convertible bonds, GPU leasing, and GPU financing. The company plans to gradually transform into the artificial intelligence sector and increase its GPU count by 140,000, expecting to achieve an annual recurring revenue of 3.4 billion USD by the end of 2026.
The cryptocurrency market is rebounding, with BTC regaining upward momentum after hitting bottom
The cryptocurrency market is rebounding, with BTC regaining upward momentum after hitting bottom
According to CoinDesk, the cryptocurrency market has shown signs of a temporary recovery after experiencing a severe sell-off. After hitting its lowest level since October 2024, BTC rebounded to over $65,000; Ethereum recovered from a low of around $1,750 to around $1,900. From a macro perspective, the overall pressure on risk assets remains the main backdrop. Recently, technology stocks have weakened, and risk appetite for funds has declined, while precious metals and crypto assets have fluctuated in sync, further intensifying the market's deleveraging process. However, panic sentiment has not completely dissipated. An extreme conservative buying trend was observed in the options market, with some traders even positioning for put options with an execution price as low as $20,000, indicating that the market is still hedging against extreme tail risks. Overall, this round of sharp declines reflects more of a phase of recovery after the clearing of leverage and a contraction of risk appetite. A technical rebound in the short term may have already occurred, but the mid-term trend still depends on macro liquidity, technology stock performance, and institutional fund flows.
According to CoinDesk, the cryptocurrency market has shown signs of a temporary recovery after experiencing a severe sell-off. After hitting its lowest level since October 2024, BTC rebounded to over $65,000; Ethereum recovered from a low of around $1,750 to around $1,900. From a macro perspective, the overall pressure on risk assets remains the main backdrop. Recently, technology stocks have weakened, and risk appetite for funds has declined, while precious metals and crypto assets have fluctuated in sync, further intensifying the market's deleveraging process. However, panic sentiment has not completely dissipated. An extreme conservative buying trend was observed in the options market, with some traders even positioning for put options with an execution price as low as $20,000, indicating that the market is still hedging against extreme tail risks. Overall, this round of sharp declines reflects more of a phase of recovery after the clearing of leverage and a contraction of risk appetite. A technical rebound in the short term may have already occurred, but the mid-term trend still depends on macro liquidity, technology stock performance, and institutional fund flows.
The drop in BTC does not signify the end of the crypto industry's cycle; Strategy faces no liquidity pressure
The drop in BTC does not signify the end of the crypto industry's cycle; Strategy faces no liquidity pressure
The news from HashWorld indicates that Sean Stein Smith stated that despite Bitcoin's significant drop from its peak at the end of 2025 and the increasing pessimism in the market, this does not mean that the crypto industry's cycle is about to end. The fundamentals of the industry and institutional participation are still strengthening, and the development logic has not been fundamentally disrupted. Traditional financial institutions are also continuing to expand the on-chain asset ecosystem, such as the New York Stock Exchange exploring blockchain exchanges and Fidelity launching the Ethereum-based stablecoin Fidelity Digital Dollar (FIDD). Although Strategy's Bitcoin holdings are currently at a loss at the present price, its financial structure remains solid, with most of the company's Bitcoin assets not being pledged, and the convertible bonds having a long maturity, meaning there is no liquidity pressure or forced liquidation risk in the short term, thus continuing to maintain a long-term bullish strategy on Bitcoin.
The news from HashWorld indicates that Sean Stein Smith stated that despite Bitcoin's significant drop from its peak at the end of 2025 and the increasing pessimism in the market, this does not mean that the crypto industry's cycle is about to end. The fundamentals of the industry and institutional participation are still strengthening, and the development logic has not been fundamentally disrupted. Traditional financial institutions are also continuing to expand the on-chain asset ecosystem, such as the New York Stock Exchange exploring blockchain exchanges and Fidelity launching the Ethereum-based stablecoin Fidelity Digital Dollar (FIDD). Although Strategy's Bitcoin holdings are currently at a loss at the present price, its financial structure remains solid, with most of the company's Bitcoin assets not being pledged, and the convertible bonds having a long maturity, meaning there is no liquidity pressure or forced liquidation risk in the short term, thus continuing to maintain a long-term bullish strategy on Bitcoin.
Kalshi has not disclosed the shareholding details of "Giannis Antetokounmpo," only confirming it is below 1%
According to reports from The Block, NBA Milwaukee Bucks star "Giannis Antetokounmpo" has previously announced that he has become a shareholder of the prediction market platform Kalshi, which is regulated by the U.S. Commodity Futures Trading Commission (CFTC). A spokesperson revealed that "Giannis Antetokounmpo"'s shareholding ratio is less than 1%, but specific shareholding data has not been disclosed, nor has the actual difference between the shareholding ratio and 1% been specified. However, based on Kalshi's recent valuation of $11 billion, a 1% stake would be worth $110 million.
According to reports from The Block, NBA Milwaukee Bucks star "Giannis Antetokounmpo" has previously announced that he has become a shareholder of the prediction market platform Kalshi, which is regulated by the U.S. Commodity Futures Trading Commission (CFTC). A spokesperson revealed that "Giannis Antetokounmpo"'s shareholding ratio is less than 1%, but specific shareholding data has not been disclosed, nor has the actual difference between the shareholding ratio and 1% been specified. However, based on Kalshi's recent valuation of $11 billion, a 1% stake would be worth $110 million.
Binance assists in handling the Bithumb airdrop anomaly, CZ calls for setting airdrop limit check mechanism
According to news from Hashchain, CZ announced on platform X that Binance has assisted Bithumb in dealing with the "erroneous distribution of 2000 Bitcoin airdrop" incident. The initial decision not to publish a tweet was to avoid causing panic. He called for an upper limit check mechanism to be set for all airdrop functions to enhance security. It is currently uncertain whether all of Binance's projects have fully implemented this measure.
According to news from Hashchain, CZ announced on platform X that Binance has assisted Bithumb in dealing with the "erroneous distribution of 2000 Bitcoin airdrop" incident. The initial decision not to publish a tweet was to avoid causing panic. He called for an upper limit check mechanism to be set for all airdrop functions to enhance security. It is currently uncertain whether all of Binance's projects have fully implemented this measure.
Whale Movements Alert
Bull Whale Turmoil: Huge Losses <-> Whale 0x3952 has turned from profit to loss and started selling Ethereum to cut losses. About 30 minutes ago, he deposited 24,452 Ethereum (50.05 million USD) to Binance, and there are still 56,528 Ethereum (115.3 million USD) left in the account. His profit and loss changed from +47.5 million USD to -57.3 million USD.
Bull Whale Turmoil: Huge Losses <-> Whale 0x3952 has turned from profit to loss and started selling Ethereum to cut losses. About 30 minutes ago, he deposited 24,452 Ethereum (50.05 million USD) to Binance, and there are still 56,528 Ethereum (115.3 million USD) left in the account. His profit and loss changed from +47.5 million USD to -57.3 million USD.
Whale Movements Alert
After two years of inactivity, wallet 0x55C1 has withdrawn 34,233 ETH worth approximately $68.78 million from Binance one hour ago.
After two years of inactivity, wallet 0x55C1 has withdrawn 34,233 ETH worth approximately $68.78 million from Binance one hour ago.
ENS v2 will only be deployed on Ethereum L1, Namechain development halted
ENS v2 will only be deployed on Ethereum L1, Namechain development halted
Hashi Chain news: ENS COO Katherine Wu announced that ENS v2 will only be deployed on the Ethereum L1 network, and the original Namechain L2 development plan has been halted. This adjustment does not affect the functionality, mission, or product roadmap of ENS v2. As an upgrade to the existing ENS, ENS v2 will provide an independent registry for each .eth domain and implement stronger customization features. Meanwhile, the team is developing two new applications, which are currently live on the testnet. ENS emphasizes that despite being deployed on L1, ENS v2 will still operate fully according to the original design, ensuring that user experience and protocol objectives remain unchanged. This decision is related to the discussion about the role of L2 in the Ethereum ecosystem. ENS plans to continue supporting more chains, including allowing users to register .eth domains on any EVM chain and maintaining support for major chains like Solana and Bitcoin. The rationale for the decision has been published on the official blog.
Hashi Chain news: ENS COO Katherine Wu announced that ENS v2 will only be deployed on the Ethereum L1 network, and the original Namechain L2 development plan has been halted. This adjustment does not affect the functionality, mission, or product roadmap of ENS v2. As an upgrade to the existing ENS, ENS v2 will provide an independent registry for each .eth domain and implement stronger customization features. Meanwhile, the team is developing two new applications, which are currently live on the testnet. ENS emphasizes that despite being deployed on L1, ENS v2 will still operate fully according to the original design, ensuring that user experience and protocol objectives remain unchanged. This decision is related to the discussion about the role of L2 in the Ethereum ecosystem. ENS plans to continue supporting more chains, including allowing users to register .eth domains on any EVM chain and maintaining support for major chains like Solana and Bitcoin. The rationale for the decision has been published on the official blog.
Bitcoin may experience a brief rebound, but the risk of falling to $50,000 by the end of the year remains.
According to news from Hashchain, CNBC reported that this week the selling pressure in the crypto market mainly comes from the sell-off of Bitcoin spot ETFs and a wave of forced liquidations triggered by a sharp price drop. Additionally, the software stocks being sold off further exacerbated market volatility. However, some investors entered the market to buy, resulting in a rapid price surge in a short period. Currently, most market participants remain cautious about whether the bottom has been reached. Crypto research institution 10X Research indicates that Bitcoin may see a brief counter-trend rebound or consolidation next, but it may still hit new lows this summer. The institution's research director, Markus Thielen, estimates that Bitcoin could potentially drop to a minimum of $50,000, or even fall within the range of $40,000 to $50,000.
According to news from Hashchain, CNBC reported that this week the selling pressure in the crypto market mainly comes from the sell-off of Bitcoin spot ETFs and a wave of forced liquidations triggered by a sharp price drop. Additionally, the software stocks being sold off further exacerbated market volatility. However, some investors entered the market to buy, resulting in a rapid price surge in a short period. Currently, most market participants remain cautious about whether the bottom has been reached. Crypto research institution 10X Research indicates that Bitcoin may see a brief counter-trend rebound or consolidation next, but it may still hit new lows this summer. The institution's research director, Markus Thielen, estimates that Bitcoin could potentially drop to a minimum of $50,000, or even fall within the range of $40,000 to $50,000.
Whale Movements Alert
The encrypted whale continues to buy ETH <-> The whale is accumulating $ETH. 0x46DB withdrew 19,503 $ETH ($40M) from #OKX in the past 13 hours. 0x28eF withdrew 9,576 $ETH ($19.78M) from #Binance in the past 8 hours.
The encrypted whale continues to buy ETH <-> The whale is accumulating $ETH. 0x46DB withdrew 19,503 $ETH ($40M) from #OKX in the past 13 hours. 0x28eF withdrew 9,576 $ETH ($19.78M) from #Binance in the past 8 hours.
Trader Eugene: Has once again cleared his positions and does not want to be the bag holder
According to news from Hash World, on-chain analyst Ai revealed that trader Eugene Ng Ah Sio stated that Garrett (the whale who lost 230 million dollars) has started to sell off, and he does not want to be the bag holder, therefore he has decided to exit.
According to news from Hash World, on-chain analyst Ai revealed that trader Eugene Ng Ah Sio stated that Garrett (the whale who lost 230 million dollars) has started to sell off, and he does not want to be the bag holder, therefore he has decided to exit.
Bithumb apologizes for payment error incident and launches compensation plan
Bithumb apologizes for payment error incident and launches compensation plan
Hasse Chain news reported that Bithumb has apologized for the recent incident caused by payment errors and announced a series of compensation measures. Bithumb acknowledged its failure to uphold the principles of 'stability and integrity' that should be followed by a virtual asset trading platform. After the incident occurred, the company immediately reported to the relevant regulatory authorities and assisted the Financial Regulatory Bureau in conducting a thorough investigation. To prevent similar issues from occurring again, the company upgraded its internal control system and implemented a series of innovative measures. The measures include: 1. Strengthening the asset verification process based on events or company policies; 2. Improving the payment system process to ensure that customer fund transfers and reward payments are completed through at least a two-step payment process to prevent similar incidents; 3. Enhancing the AI system's detection and automatic interception of abnormal transactions to improve security capabilities, running continuously around the clock; 4. Inviting global security experts to conduct a comprehensive assessment of the system and transparently publish the results. In addition, the company commits to taking full responsibility to prevent customer asset losses, and no direct customer losses due to payment errors have occurred since the incident announcement. However, due to market price fluctuations, individual transactions may adversely affect users, and Bithumb has decided to provide comprehensive compensation and designed a detailed compensation plan. The total loss is estimated to be around 1 billion KRW, and compensation will be provided for any excess amount. The specific compensation scheme includes: users who suffered losses due to low-price sell-offs at the time of the incident will receive full compensation of the sale price plus 10%; users who accessed Bithumb during the incident will receive an additional 20,000 KRW in compensation; all users will be exempt from trading fees for seven days; and a 'Customer Protection Fund' of 100 billion KRW will be established to timely protect customer assets.
Hasse Chain news reported that Bithumb has apologized for the recent incident caused by payment errors and announced a series of compensation measures. Bithumb acknowledged its failure to uphold the principles of 'stability and integrity' that should be followed by a virtual asset trading platform. After the incident occurred, the company immediately reported to the relevant regulatory authorities and assisted the Financial Regulatory Bureau in conducting a thorough investigation. To prevent similar issues from occurring again, the company upgraded its internal control system and implemented a series of innovative measures. The measures include: 1. Strengthening the asset verification process based on events or company policies; 2. Improving the payment system process to ensure that customer fund transfers and reward payments are completed through at least a two-step payment process to prevent similar incidents; 3. Enhancing the AI system's detection and automatic interception of abnormal transactions to improve security capabilities, running continuously around the clock; 4. Inviting global security experts to conduct a comprehensive assessment of the system and transparently publish the results. In addition, the company commits to taking full responsibility to prevent customer asset losses, and no direct customer losses due to payment errors have occurred since the incident announcement. However, due to market price fluctuations, individual transactions may adversely affect users, and Bithumb has decided to provide comprehensive compensation and designed a detailed compensation plan. The total loss is estimated to be around 1 billion KRW, and compensation will be provided for any excess amount. The specific compensation scheme includes: users who suffered losses due to low-price sell-offs at the time of the incident will receive full compensation of the sale price plus 10%; users who accessed Bithumb during the incident will receive an additional 20,000 KRW in compensation; all users will be exempt from trading fees for seven days; and a 'Customer Protection Fund' of 100 billion KRW will be established to timely protect customer assets.
The volatility of Bitcoin prices has triggered a surge in Google search volume, reaching a new high in a year.
According to news from Hashlink, based on reports from Cointelegraph, over the past week, the number of searches for the term "Bitcoin" on Google has skyrocketed due to Bitcoin's price briefly dipping below $60,000 for the first time since October 2024. Preliminary data from Google Trends indicates that during the week starting February 1, the global search volume for "Bitcoin" reached 100, marking the highest level in the past 12 months. The previous peak occurred during the week of November 16 to 23, when Bitcoin fell below the psychological threshold of $100,000 for the first time in nearly six months.
According to news from Hashlink, based on reports from Cointelegraph, over the past week, the number of searches for the term "Bitcoin" on Google has skyrocketed due to Bitcoin's price briefly dipping below $60,000 for the first time since October 2024. Preliminary data from Google Trends indicates that during the week starting February 1, the global search volume for "Bitcoin" reached 100, marking the highest level in the past 12 months. The previous peak occurred during the week of November 16 to 23, when Bitcoin fell below the psychological threshold of $100,000 for the first time in nearly six months.
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