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Strike Bitcoin Payment Network Reportedly Hit by DDoS Attack

2 hours ago

On February 6th, per official sources, Strike stated it experienced exceptionally high traffic today, temporarily paralyzing the Bitcoin payment network. The service has now been fully restored.
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Binance SAFU Fund BTC Holding Shrinks by 15%, Still Holding $800M USDC to Buy

On-chain data as of February 6 shows that as Bitcoin continues to decline, Binance’s SAFU Fund has seen its BTC holdings shrink by 15% to $170 million. Currently, the fund’s USDC reserves remain at $800 million and will keep purchasing assets. Per the fund’s launch commitment, if Bitcoin keeps falling, SAFU will continue buying to maintain its position value above $1 billion.

21 minutes ago

CZ: Actively Working with More Countries to Launch Their Own Stablecoins

On February 6th, Binance founder CZ took to social media to share that he’s currently collaborating with additional countries to launch their respective stablecoins, noting that all currencies should be represented on-chain.

21 minutes ago

Whale Who Was "Shorting BTC Long-Term" Cancels $59,138 "Buy the Dip" BTC Limit Order

On February 6th, per monitoring from HyperInsight, the "Long-Term Short BTC" whale (address 0x5d2f4) canceled its 59,138 USDT "buy the dip" limit order for BTC on Hyperliquid. The whale initially opened a 20x leveraged short position of 499.91 BTC when Bitcoin traded at $111,499.30. Since then, it has reduced the short position to 68.33 BTC while holding a floating profit of $3.184 million. Additionally, the whale has collected $10.0056 million via funding rate settlements.

21 minutes ago

The "HODL" Whale Faces 21 Liquidations Today, Loses Over $19.7 Million

Per LookOnChain monitoring on February 6, whale 0xEc0B was liquidated 21 times across long positions in BTC, ETH, ENA, WIF, NEAR, CRV, and DOGE during today’s cryptocurrency market crash, with total losses exceeding $19.7 million.

21 minutes ago

Bitcoin Ahr999 'Buy the Dip' Index Drops to 0.27, on Par with 'FTX Rug Pull' and '3/16 Crash' Levels

**Bitcoin Ahr999 Indicator Hits 0.27—Well Below "Buy the Dip" Threshold of 0.45** Coinglass data shows the Bitcoin Ahr999 indicator fell to 0.27 on February 6, a sharp drop below its 0.45 "buy the dip" line. The last times the index reached this level were June 18, 2022 (amid the ETH market crash), November 22, 2022 (during the FTX liquidation event), and March 16, 2020 (the "3/16 crash"). Created by ahr999 to guide Bitcoin dollar-cost averaging (DCA) investors in timing their strategies, the index tracks short-term DCA returns and Bitcoin’s price deviation from its expected valuation. To date, there have been 572 days in Bitcoin’s history where the Ahr999 indicator has traded below the 0.45 threshold.

21 minutes ago

Bitcoin Drops Below $64,000 Again

Bitcoin has fallen below $64,000, currently trading at $63,785 as of February 6, according to HTX market data. The cryptocurrency has recorded a 10.35% decline over the past 24 hours.

21 minutes ago