An address sold 886.31 WBTC, valued at 58.53 million US dollars

Grayscale's increased holdings in Cardano sparks attention: ADA price forecast for 2026 and institutional allocation logic revealed

On February 24, news reports indicate that the latest investment portfolio disclosures from digital asset management firm Grayscale Investments show an increased allocation to Cardano (ADA), now accounting for approximately 20.20% of the portfolio, ranking third after Solana and Ethereum. This change in allocation is interpreted by the market as continued institutional confidence in Cardano's long-term fundamentals and smart contract ecosystem. It is worth noting that this increase occurred amid escalating macroeconomic turbulence. Uncertainty in U.S. policy has intensified, with Trump-related tariff comments sparking risk aversion sentiment, causing Bitcoin to temporarily fall below a key psychological threshold. Mainstream cryptocurrencies also came under pressure, and ADA was unable to strengthen independently.

Gate's spot market share remains among the top three globally, with derivatives ranking fourth in the industry.

CoinDesk's latest report shows that Gate ranked third in the global centralized exchange spot market and fourth in the derivatives market in January 2023, with a spot trading volume of $74.4 billion, an increase of 11.1%. Gate ranks among the top three retail exchanges in open interest contracts and has launched GateAI to enable natural language trading functions, enhancing user experience.

Bitmine buys the dip again! Tom Lee is optimistic about Ethereum with "three major bullish factors" supporting it

Bitmine Immersion Technologies increased its holdings by 51,162 ETH, bringing the total to 4.42 million ETH, accounting for 3.66% of the total supply. The market value is approximately $8.7 billion, making it the publicly listed company with the largest ETH holdings worldwide. Chairman Tom Lee stated that the reason for holding ETH is optimistic about its future potential, and 68.7% of the ETH has been staked, which is expected to generate substantial passive income.

Publicly traded miner Bitdeer sells all its Bitcoin at once! Wu Jihan: This doesn't represent a long-term strategy

Bitdeer Technologies recently liquidated all its Bitcoin holdings, selling a total of 189.8 BTC and abandoning 943.1 BTC. This liquidation is related to funding the expansion of data centers and transitioning to AI, reflecting challenges faced by the Bitcoin mining industry. The founder responded, saying "holding zero does not mean it will always be like this in the future."

Bitcoin has fallen for five consecutive months, dropping below $63,000 again.

The cryptocurrency market continues to be sluggish, with Bitcoin falling below $63,000 and the panic index at an extreme fear level. Global stock markets have declined due to AI and geopolitical risks, while precious metals are favored. Tensions between Trump and Iran have escalated, and new tariff policies have triggered market panic, boosting risk aversion. Analysis indicates that the Bitcoin market needs to restore demand, and liquidity is expected to gradually recover.

Bitcoin spot ETF experiences 5 consecutive weeks of net outflows! The longest outflow streak in nearly a year

Recently, the cryptocurrency market has experienced a wave of capital withdrawals. The US Bitcoin spot ETF has seen net outflows for five consecutive weeks, totaling approximately $316 million. Since the start of this withdrawal trend on January 20, a total of about $3.8 billion has been wiped out. Although facing short-term pressure, long-term capital inflows still amount to $54 billion. Bitcoin is currently trading around $65,800, and analysts believe that if it can rebound above $70,000, selling pressure may have been exhausted.