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Despite a $43 billion sell-off from long-term holders, analysts argue Bitcoin’s latest wave of profit-taking is part of a healthy bull market rotation—not the end of the rally.
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The narrative around Bitcoin has fundamentally changed. Once dismissed as a niche, speculative asset, it now stands at the cross-section of global macroeconomics and mainstream finance. Following a period of volatile but structurally significant price action, even through dramatic drawdowns, the question is no longer if Bitcoin will matter, but how it will be integrated
The Warplets NFT series has sparked a frenzy on the Farcaster platform, generating unique NFTs based on users' FIDs and avatars. Part of the proceeds is used to burn tokens, driving a surge in platform activity and trading volume. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively updated by the Mars AI model.
- 10:47Standard Chartered: Bitcoin and Ethereum custody services to be launched in Hong Kong next yearAccording to ChainCatcher, as reported by Hong Kong media Ming Pao, Mary Huen, CEO of Standard Chartered Hong Kong and Greater China & North Asia, stated that Standard Chartered welcomes the Hong Kong Monetary Authority's announcement of "Fintech 2030." Coinciding with the ongoing "Hong Kong FinTech Week," Standard Chartered will launch innovative digital asset solutions in Hong Kong next year, including digital asset custody services supporting the two largest cryptocurrencies by market capitalization, namely bitcoin and ethereum, as well as strategic cooperation plans with other institutions. Standard Chartered Hong Kong pointed out that the bank plans to be the first in Hong Kong to launch digital asset custody services supporting bitcoin and ethereum in January next year, expanding the services currently offered in Luxembourg and the UAE (through the Dubai International Financial Centre). Standard Chartered Hong Kong mentioned that it has been actively supporting various innovative projects to promote the development of a comprehensive digital asset ecosystem in Hong Kong, covering retail and corporate clients, as well as local and cross-border transactions. The bank also participates in several pilot innovation projects led by the Hong Kong Monetary Authority, such as the Ensemble Project, mBridge Project, "Digital Hong Kong Dollar" pilot program, Gen A.I. Sandbox, and Distributed Ledger Technology Regulatory Incubator. .
- 10:41Two new wallets accumulated LINK tokens worth $2.3 million today.According to Jinse Finance, monitored by The Data Nerd, today, two new wallets further increased their holdings of LINK. Among them, 0x9A1 withdrew 49,640 LINK (approximately $736,000); 0x512 withdrew 98,000 LINK (approximately $1.57 million). Their average entry price was about $16.45.
- 10:38Two new addresses have accumulated over $2.3 million worth of LINK, with an average purchase price of $16.45.According to ChainCatcher, monitored by OnchainDataNerd, two new wallets have accumulated more LINK: address 0x9A1 withdrew 49,640 LINK (approximately $736,000), and address 0x512 withdrew 98,000 LINK (approximately $1.57 million). Their average entry price is around $16.45.