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On the evening of November 11, after the U.S. publicly traded company MicroStrategy announced the purchase of Bitcoin again, Bitcoin began to rise rapidly, climbing from $82,000 to reach a new high of $89,000 at 7 a.m. this morning.
BTC 73,000 USD, or the support price for the bottom of this round.
In October 2024, Bitcoin's market share rose to 70.1%, while the Layer 2 landscape continued to evolve, with Bitcoin L2's growth rate surpassing that of Ethereum L2.
MicroStrategy's Bitcoin holdings have reached an astonishing unrealized gain of $13 billion.
For those who are focused and dedicated, 2025 may become a pivotal year that changes their lives.
Institutional adoption “moves slower than we want,” exec says, but could follow “an exponential curve from Q1 onwards”
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- 20:36Trump to Speak with Russian President Putin on MondayOn May 17, U.S. President Trump stated that he would have a phone call with Russian President Putin at 10 a.m. (local time) on Monday (10 p.m. UTC+8), followed by a conversation with Zelensky, and then talks with NATO member countries. (Jin10)
- 20:36Current Mainstream CEX and DEX Funding Rates Indicate Market Has Turned BearishAccording to Coinglass data, the current funding rates of major CEX and DEX indicate that the market has shifted towards bearish trading. The specific funding rates for major cryptocurrencies are shown in the attached image. Note from BlockBeats: Funding rates are fees set by cryptocurrency trading platforms to maintain a balance between the contract price and the underlying asset price, typically applicable to perpetual contracts. It is a mechanism for the exchange of funds between long and short traders, and the trading platform does not charge this fee. It is used to adjust the cost or profit of holding contracts for traders, so that the contract price remains close to the underlying asset price. When the funding rate is 0.01%, it indicates the benchmark rate. When the funding rate is greater than 0.01%, it means the market is generally bullish. When the funding rate is less than 0.005%, it means the market is generally bearish.
- 20:34Lightchain AI Mainnet to Launch in JulyAccording to a report by Bitcoin.com, the mainnet of the blockchain project Lightchain AI will go live in July, introducing a decentralized AI marketplace. Previously, it was reported that the blockchain project Lightchain AI announced the official launch of its testnet and completed a $15 million financing round.