Lookonchain APP

App Store

According to DB News, the DOJ is cleared to sell 69,370 $BTC($6.58B) confiscated from Silk Road.

2025.01.09 10:29:57

According to DB News, the 🇺🇸DOJ is cleared to sell 69,370 $BTC($6.58B) confiscated from Silk Road.
https://x.com/lookonchain/status/1843692654653256195

Relevant content

Analysis: US CPI Below Expectations, Bitcoin Rebounds to $69K, Rate Cut Expectations Still Low

February 13th: Bitcoin rallied short-term after U.S. January CPI data came in softer than expected, topping $69,000 and hitting a peak of $69,190—up roughly 4%. U.S. Bureau of Labor Statistics figures showed January core CPI rose 2.5% year-over-year (matching estimates), while headline CPI climbed 2.4% YoY—0.1 percentage points below forecasts and marking a multi-year trough. Cooling inflation lifted market sentiment, with crypto assets emerging as the day’s standout risk assets. Yet rate markets remain cautious on betting a Fed rate cut at its March meeting. CME FedWatch data puts the probability of a 25-basis-point March cut at less than 10%, signaling no clear easing expectations have formed. On charts, the $68,000-$69,000 range is a critical resistance zone—near the 2021 all-time high and aligning with the 200-week moving average. Some traders note holding above this zone could form a “higher-low” pattern, but overall sentiment remains guarded.

25 minutes ago

Anchorage Digital, Kamino, and Solana Company Launch Three-Way Custody Model to Support Institutional SOL Staking

On February 13, digital asset platform Anchorage Digital, Solana ecosystem liquidity protocol Kamino, and Solana Labs announced a partnership to launch a "pioneering" tri-party custody model—designed to help institutions stake SOL within a compliant custody framework. The service lets institutions engage in on-chain lending and liquidity provision without transferring assets out of regulated custody. Anchorage Digital will oversee collateral management, moving risk controls and collateral processes on-chain while expanding its Atlas collateral system to integrate with Kamino and the Solana ecosystem.

25 minutes ago

Bitcoin Surges Above $69K, Ethereum Tops $2050

February 13: Bitcoin rebounds above $69k, Ethereum tops $2,050, per HTX market data ### Notes on American English conventions applied: 1. **Conciseness**: Used "$69k" (common abbreviation for "$69,000" in financial news) and streamlined word order. 2. **Verb choice**: "Tops" (natural for "breaks above" in market context) alongside "rebounds" (accurate for price recovery). 3. **Structure**: Placed the source ("per HTX market data") at the end (typical in U.S. financial alerts). 4. **Tense**: Present simple ("rebounds," "tops") for real-time news brevity.

25 minutes ago

After Coinbase's Earnings Report Falls Short, Stock Rebounds as Buy-the-Dip Funds Bet on Crypto Market Bottom

February 13 (Bloomberg) — Coinbase Global Inc.’s stock rebounded the day following its weak quarterly earnings report, as bargain-hunting funds bet the market had fully priced in negative factors and the crypto market may be near a temporary bottom. The earnings showed trading volume weakened and transaction revenue came under pressure, underscoring the firm’s performance sensitivity to digital asset price swings and retail trading activity. Previously, Coinbase shares had fallen for weeks amid softening crypto market sentiment, pulling back sharply ahead of the report. Market analysts note that with expectations already tempered and positions tilted defensive, some investors bought the dip, driving short-term stabilization and a rebound in the stock.

25 minutes ago

Ethereum Foundation Leadership Restructure: Tomasz Stańczak Steps Down as Co-Executive Director

On February 13, Tomasz Stanczak announced he will step down as Co-Executive Director (co-ED) of the Ethereum Foundation (EF) at the end of February 2026. Current executive Bastian Aue will serve as interim co-lead alongside Hsiao-Wei Wang. Stanczak noted that during his tenure, the Foundation has outlined a clear future roadmap and strengthened strategic priorities in scalability, privacy, AI integration, and institutional adoption. He added Ethereum is increasingly becoming the "underlying infrastructure for validation and financial transactions," highlighting the ongoing growth of stablecoins and on-chain Real World Assets (RWA) activity. At the protocol level, the Foundation plans to release an integrated roadmap for LEAN Ethereum and core development to guide coordination in 2026 and beyond—while advancing quantum security strategies and decentralized AI standardization. It has also convened discussions with more than 20 Layer 2 teams on scalability and interoperability issue

25 minutes ago

Bitcoin Sees Short-Term Recovery, Surges Above $68,000

On February 13, according to market data from crypto exchange HTX, Bitcoin staged a short-term rebound, moving above $68,000. It was last trading at $67,906, with a 24-hour price change of +0.01%.

25 minutes ago