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11:32
Odaily Evening News
1. Tiger Brokers clarifies: did not "confront the regulators head-on", will strictly rectify in accordance with regulatory guidance; 2. Uniswap governance proposal intends to extend protocol fees to BNB Chain and Polygon; 3. Brazilian police seized 1,400 Bitcoin mining machines suspected of electricity theft; 4. Kinexys, a platform under JPMorgan, has seen a transaction volume exceeding $1.5 trillion since its launch in 2020; 5. Machi Big Brother’s Ethereum long positions were partially liquidated, with a current investment return of -124.94%; 6. SkyBridge Capital's crypto fund has posted losses for two consecutive quarters due to market volatility; 7. F2Pool co-founder Wang Chun: Participated in Mars flyby project to remind SpaceX not to deviate from its vision, landing plans should not be left to the next generation; 8. Review of the U.S. CLARITY Act may be postponed until July, potentially affecting its chances of final passage in August; 9. Hyperliquid’s largest bull position in ETH, totaling 120,000 ETH, is currently facing an unrealized loss of up to $27.92 million; 10. Polymarket executive: Private key rotation completed, all private keys will be migrated to KMS in the future.
11:26
Analysis: The previous two bear market bottoms had a BTC loss of 10.6 million coins each, corresponding to a price of $60,000 in this cycle.
BlockBeats News, May 23rd – Analyst Murphy stated that at the market bottoms in February 2019 and January 2022, the amount of BTC in loss was 10.6 million each time. If this trend continues in the current bear market, the corresponding bottom price would be around $60,000. Whenever the BTC in circulation at a loss reaches a certain critical value, the supply side may experience exhaustion, making it difficult for the price to fall further. On February 5, 2026, when BTC dropped to $60,000, the amount in loss was already close to 9.93 million, and if it returns to 10.6 million, the current BTC chip structure's loss would reach 10.6 million, coinciding with the previous bear market bottom.
11:10
Due to rising oil prices, Germany’s Continental plans to increase capital expenditure by $300 million in 2026, reaching $2.8 billion.
Impacted by rising oil prices, Continental AG in Germany plans to increase its capital expenditure by $300 million in 2026, reaching a total of $2.8 billion.
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