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Explain why we should continue to work on improving the Bitcoin protocol.

Whether it’s CZ personally getting involved, the community creating a meme atmosphere, or YZi Labs providing investment backing, so-called "calls" are just a spark, while the community riding on the concept adds fuel to the fire. When the two meet, the market heats up. This also demonstrates that the market itself needs hotspots to maintain attention and liquidity.

Long-standing issues surrounding leverage, oracle construction, and PoR transparency have resurfaced.

If the Federal Reserve's balance sheet increases, it will be positive for US dollar liquidity, ultimately driving up the prices of bitcoin and other cryptocurrencies.


Jay Chou suffered asset losses after entrusting a friend to hold Bitcoin on his behalf, which has raised concerns about the tax and regulatory risks of proxy cryptocurrency holding in Taiwan. The article analyzes Taiwan’s cryptocurrency tax policies and the potential risks associated with proxy holding behavior. Summary generated by Mars AI This summary was generated by the Mars AI model, and its accuracy and completeness are still being continually updated.

- 02:05Data: Hyperliquid platform whales currently hold $5.52 billions in positions, with a long-short ratio of 0.87.According to ChainCatcher, citing Coinglass data, whales on the Hyperliquid platform currently hold positions totaling $5.52 billions, with long positions amounting to $2.575 billions, accounting for 46.64% of holdings, and short positions totaling $2.946 billions, accounting for 53.36%. The profit and loss for long positions is -$159 millions, while for short positions it is $244 millions. Among them, the whale address 0x9eec..ab is holding a 15x leveraged full position long on ETH at the price of $3,243.65, with an unrealized profit and loss of -$3.6916 millions.
- 01:44A certain whale opened a 3x long position of 1,000 BTC four hours ago, with a liquidation price of $60,042.According to Jinse Finance, monitored by Lookonchain, whale address 0x0ddf opened a 3x long position of 1,000 BTC (95.3 million USD) 4 hours ago, with a liquidation price of 60,042 USD.
- 01:41"7 Siblings" bought the dip again, accumulating 3,496 ETH during the ETH declineAccording to ChainCatcher, monitoring data shows that since the sharp drop on 10/11, the "7 Siblings," who have been buying the dip in ETH after every decline, made another purchase after yesterday's drop: they borrowed 11 million USDS from Spark and bought 3,496 ETH at a price of $3,147. Since the sharp drop on 10/11, the "7 Siblings" have spent a total of $174 million to purchase 49,287 ETH, with an average price of $3,531. The "7 Siblings" have only bought and not sold so far, and their ETH holdings from buying the dip are currently at an unrealized loss of $18.97 million.