If Bitcoin drops below $113,000, the cumulative long liquidation strength of mainstream CEXs will reach $1.348 billion

On September 17th, Movement Labs has undergone a formal transformation into an L1 blockchain in order to enhance performance, support native staking, and launch Move 2.0.

On September 17th, based on HTX market data, Bitcoin witnessed a short-term spike reaching $116,000 and is now pulling back to $115,800, with a 24-hour percentage change of 0.98%.

On September 16th, based on official figures, since it was listed on Binance Alpha, STBL has witnessed a surge of more than 550%, and its market capitalization is $87 million. The current on-chain holder count has reached 3,275, with the fully diluted value (FDV) standing at $1.813 billion.

On September 16th, as monitored by Onchain Lens, in the past two days, a newly established wallet address withdrew 900.34 Bitcoins from OKX, with an approximate value of $103.62 million. Address: bc1pca7qy0xggqxd8wzergq2rf68zg9we6e0x9hda7zzzqwccd0jeh0q7r62np.

On September 16th, the Bitcoin mining firm American Bitcoin owned by the Trump family ($ABTC) has now rung the bell to mark its listing on Nasdaq. Previously reported by BlockBeats that on September 3rd, the Bitcoin mining firm American Bitcoin owned by the Trump family applied to raise up to $2.1 billion through a market price issuance. American Bitcoin, which is set to be listed this Wednesday, will officially make its debut on the Nasdaq Stock Exchange after completing its merger with Gryphon Digital Mining. After the merger, Donald Trump Jr, Eric Trump, and the mining firm Hut 8 will jointly own 98% of the shares of the new entity. The new entity will retain the name American Bitcoin and trade under the stock symbol ABTC.

On September 16th, the cryptocurrency exchange infrastructure provider Keyrock announced the acquisition of Turing Capital for $27.8 million and officially launched its Asset & Wealth Management division. Keyrock's CEO, Kevin de Patoul, stated in a declaration, "We are proud to officially kick off Keyrock's Asset & Wealth Management business and extend a warm welcome to the Turing Capital team. This expansion enables us to better serve our institutional partners, covering the entire range of digital asset requirements, ranging from providing liquidity to formulating long-term investment strategies." The announcement noted that Turing Capital is an alternative investment fund management company registered in Luxembourg and focuses on "crypto-native investment strategies." This acquisition will contribute to strengthening Keyrock's asset management division and further expanding its investment products for institutional clients and private investors. As the demand from institutional i