Bitcoin breaches $1 trillion market cap

cointelegraphPubblicato 2024-02-13Pubblicato ultima volta 2024-02-14

The total market value of Bitcoin's circulating supply crossed $1 trillion after BTC priced surged above $51,000.

The current circulating supply of Bitcoin is 19,627,443 BTC, i.e. 93.46% of its total supply.

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Japanese Bitcoin Management Company Metaplanet Transfers Hundreds of Bitcoin to Cold Wallet!

Japanese company Metaplanet, a major institutional investor with Bitcoin as a core strategy, has transferred a substantial amount of BTC to external wallets. Blockchain data from Lookonchain shows the company moved 3,881 Bitcoin, worth approximately $247.3 million, over a three-hour period. The purpose of this transfer remains officially unexplained, leaving it unclear if it relates to a sale, custody arrangement, or another institutional operation. Metaplanet has recently accelerated its Bitcoin purchases, amassing a total of 43,000 BTC at an average acquisition price of about $96,191 per coin. The recent decline in Bitcoin's price has resulted in significant unrealized losses for Metaplanet's portfolio, estimated at roughly $1.4 billion—a 34% loss relative to the company's total Bitcoin cost basis. This large-scale transfer is being closely watched by the market for insights into institutional investor strategies, particularly during weak market conditions. However, a transfer to external wallets does not automatically signify an immediate sale. Market impact assessments will depend heavily on Metaplanet's future clarification regarding the transaction's intent.

cryptonews.ru5 min fa

Japanese Bitcoin Management Company Metaplanet Transfers Hundreds of Bitcoin to Cold Wallet!

cryptonews.ru5 min fa

TRON USDT Transfers Hit $2.1T In Q2 As Stablecoin Supply Reaches Record

In Q2 2026, TRON processed a staggering $2.1 trillion in USDT transfers, as reported by Messari. The network's circulating USDT supply reached a record $87.9 billion, surpassing Ethereum, while average daily transactions increased 8.7% to 11.8 million. This cements TRON's position as a leading stablecoin settlement layer, primarily due to its low fees and fast transactions for USDT transfers. However, the report notes the massive transfer volume encompasses various activities like exchange flows and arbitrage, not solely retail payments. The key takeaway is that TRON has secured a dominant, utility-driven role in the stablecoin market by efficiently facilitating large-scale digital dollar movements, even as it may not lead in other crypto sectors like DeFi.

bitcoinist10 min fa

TRON USDT Transfers Hit $2.1T In Q2 As Stablecoin Supply Reaches Record

bitcoinist10 min fa

瑞银研报解读：美光 HBM 比预期更紧，NAND 短期噪音不改长期买入逻辑

A UBS report on August 10th addressed Micron's near-term outlook. While Q3 NAND contract price increases moderated to ~20% from an expected 28%, pricing momentum is seen as slowing, not collapsing, with strong enterprise SSD demand offsetting consumer/PC softness. The key positive is a tighter-than-expected DRAM/HBM supply situation. NVIDIA has reportedly downgraded the HBM spec for its VR300 GPU due to constraints. However, UBS calculates this will actually increase total 2027 HBM bit consumption to 61.5B Gb from 58.7B Gb. HBM4/HBM4E pricing continues to exceed expectations, with the 2027 blended average selling price (ASP) forecast raised to a 79% YoY increase. Structurally, supply-side checks indicate Yangtze Memory is shifting a significant portion of incremental capacity to DRAM rather than NAND, potentially extending the NAND pricing cycle. DRAM supply tightness is expected to persist at least into Q2 2028. UBS forecasts a significant profitability reset for Micron, with EPS estimates for 2026-2028 well above consensus. The firm reiterates a Buy rating with a $1,625 price target, implying ~85% upside, citing long-term agreements that are shifting Micron's earnings trajectory from cyclical peaks to a structurally higher plateau. Cumulative free cash flow through 2028 is projected to exceed $450 billion.

marsbit20 min fa

marsbit20 min fa

Coinbase Secures Key License in Abu Dhabi as the Middle East Becomes a New Hub for Tokenized Assets

Coinbase has secured a key Financial Services Permission (FSP) from Abu Dhabi's Financial Services Regulatory Authority (FSRA), enabling it to establish an International Tokenization Hub within the Abu Dhabi Global Market (ADGM). This license permits Coinbase to conduct investment trading arrangements and offer custody services, with the core aim of launching tokenized securities. This move is positioned as a significant step toward building a more open and accessible global financial system, particularly for the estimated 4 billion individuals currently excluded from traditional capital markets. Tokenized securities issued on this platform will be fully backed by underlying stocks and regulated by the FSRA. Verified token holders will possess full shareholder rights, including dividends and voting rights, requiring only a digital wallet for participation—eliminating the need for traditional securities accounts. The framework incorporates ongoing sanctions screening and allows for asset freezing at the wallet level, aiming to reconcile DeFi functionalities with regulatory compliance. Coinbase executives and ADGM officials highlighted the pioneering nature of ADGM's virtual asset regulatory framework, established in 2018, which treats tokenized assets simultaneously as securities, blockchain-native tokens, and composable DeFi assets. This development in Abu Dhabi, alongside Coinbase's investments in Dubai, underscores the company's commitment to establishing the UAE as a hub for next-generation financial infrastructure, specifically for tokenized securities and on-chain capital markets.

marsbit20 min fa

Coinbase Secures Key License in Abu Dhabi as the Middle East Becomes a New Hub for Tokenized Assets

marsbit20 min fa

Sam Altman's Shocking Prophecy: In 6 Months, ChatGPT Will Completely Take Over Your Life

OpenAI CEO Sam Altman has made a striking prediction: within the next six months, a new generation of AI, a descendant of ChatGPT, will achieve a qualitative leap in human-computer interaction. This "ultimate AI assistant" will be capable of continuously watching your screen, recording every meeting and call, and building a perfect, lifelong context of your activities. This shift, from a tool for occasional queries to a persistent, all-knowing companion, would make users increasingly dependent, raising the cost of switching away. Altman's vision builds on existing developments. OpenAI's Chronicle feature for Codex captures screen context via intermittent screenshots, while the Dreaming V3 memory system in ChatGPT automatically synthesizes and evolves memories from conversation history, improving fact recall and preference adherence. The industry is moving in this direction, with Google's Memory Bank for enterprise agents and Anthropic's persistent memory for Claude users. However, this creates a new form of lock-in: memories are siloed within each platform, becoming a deeper moat than raw model performance. As users invest more of their digital lives into one AI, the barrier to leaving grows. Altman's statement is thus both a product roadmap and a strategic insight into the future of AI competition.

marsbit30 min fa

Sam Altman's Shocking Prophecy: In 6 Months, ChatGPT Will Completely Take Over Your Life

marsbit30 min fa

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