Top News::

1. Bitcoin briefly broke through $53,000.

2. Ethereum breaks $3,000;

3. STRK airdrop is now open for claiming and will continue until June 20th.

4. Optimism is launching the fourth round of airdrops, distributing over 10 million OP tokens to 23,000 addresses.

5. STRK opened at $7.7 on Binance;

Price Observation

Bitcoin briefly breaks $53,000

On February 20th, according to OKX market data, Bitcoin briefly broke through $53,000, the first time since December 2021, with a 24-hour increase of 1.17%.

Ethereum breaks $3000

On February 20th, according to OKX market data, Ethereum has returned above $3000 since April 26th, 2022, with a 24-hour increase of 3.43%.

OP influenced by X's tweet, short-term rise, currently reported at $4.16

On February 20th, influenced by the "optimism always wins" tweet released by X official, Optimism (OP) rose more than 5% in the short term, currently trading at $4.16, with a 24-hour increase of 7.30%.

Bitcoin rebounds and breaks through $52,000, with a 24-hour increase of 1%.

On February 21st, according to OKX market data, Bitcoin rebounded and broke through $52,000, with a current price of $52,295 and a 24-hour increase of 1%.

ETH/BTC exchange rate rebounds and breaks through 0.057, with a 7.3% increase in the past 3 days.

On February 21st, according to OKX market data, the ETH/BTC exchange rate rebounded and broke through 0.057, with a 3-day increase of 7.3%.

Transaction Tracking

A Ethereum early investor who has been dormant for over 8 years transferred 1732 ETH to Kraken, worth $5.15 million.

On February 20th, according to Lookonchain's monitoring, a dormant early Ethereum investor transferred 1732 ETH worth $5.15 million to Kraken after ETH's price exceeded $3,000. He received 3,465 ETH (approximately $10.3 million) in Ethereum Genesis, with an ICO price of about $0.31.

Grayscale transferred 2912 BTC, equivalent to approximately $152 million, to Coinbase Prime

On February 20th, according to Arkham monitoring, Grayscale transferred 2912.272 BTC, worth approximately $152 million, to Coinbase Prime address at 22:21 today. In addition, Grayscale also transferred 820.4 BTC to a new address, which is suspected to be Grayscale's new custody address.

A certain whale increased its holdings of 244.24 PANDORA at an average price of $20,044.

On February 20th, according to Lookonchain monitoring, a whale recently spent 4.89 million USDC at an average price of $20,044 to purchase 244.24 PANDORA.

Project Updates

Base ecological sustainable DEX Degen Base will airdrop to PYTH stakers, query page is now online

In the past 24 hours, the total liquidation amount across the entire network was 280 million US dollars, with long positions accounting for 71.6%.

On February 21st, according to Coinglass data, the total liquidation in the past 24 hours was $280 million, with long positions accounting for 71.6%.

MicroStrategy Founder: There is no reason to sell Bitcoin, ETF opens the door for institutional capital inflows

On February 21st, Michael Saylor, the founder of MicroStrategy, stated in an interview that "spot ETFs have opened the door for institutional capital to flow into the Bitcoin ecosystem. ETFs are promoting the digital transformation of capital, and hundreds of millions of dollars are flowing into the digital economy from traditional analog ecosystems every day. Bitcoin is a strategy to exit the traditional ecosystem." Saylor believes that Bitcoin's market value has just surpassed $1 trillion and is competing with assets such as gold, real estate, and even the S&P index, all of which have much higher market values than Bitcoin. However, he believes that Bitcoin itself as an asset is superior to all of the above, and there is no reason to sell in this situation.

BlockBeats previously reported that with yesterday's short-term breakthrough of the Bitcoin price of $53,000, MicroStrategy's Bitcoin holdings have gained more than $4.1 billion, with a total holding value exceeding $10 billion. Currently, it holds a total of 190,000 Bitcoins, with an average purchase price of $31,224 per coin.

超 3.43 亿枚 STRK 空投已被领取，约占本次空投总份额的 58%

超 3.43 billion STRK tokens have been claimed in the airdrop, accounting for approximately 58% of the total airdrop allocation.

On February 21st, according to Voyager data from the Starknet blockchain browser, over 343 million STRK airdrop tokens have been claimed, accounting for approximately 58% of the total airdrop amount (approximately $586 million).

9 Bitcoin spot ETFs traded a total volume of approximately $2 billion on February 20, setting a new historical high.

On February 21st, Bloomberg analyst Eric Balchunas tweeted that the total trading volume of 9 US Bitcoin spot ETFs was approximately $2 billion, setting a new record since their listing. VanEck's HODL, WisdomTree's BTCW, and Bitwise's BITB all broke their respective daily trading records, and the total trading volume of $2 billion placed them among the top 10 ETFs and top 20 stocks.

Data: Bitcoin hoarding addresses saw an inflow of 25,300 BTC yesterday, setting a new historical high

On February 21st, according to CryptoQuant data, the Bitcoin hoarding address saw an inflow of 25,300 BTC, reaching a new historical high. Ki Young Ju, the founder of CryptoQuant, explained that the selection criteria for this "hoarding address" data includes: · No outgoing transactions · Balance over 10 BTC · Excluding addresses belonging to CEX or miners · Received two or more incoming transactions · The most recent transaction occurred within the past 7 years.

MetaMask monthly active users rebounded and exceeded 30 million, approaching the historical high record.

On February 21st, MetaMask, a cryptocurrency wallet application, announced that its current active user count is almost the same as the active user count during the previous bull market peak. The monthly active user count has grown by 55% in four months, rising from 19 million in September 2021 to over 30 million in January 2022. It is reported that MetaMask's monthly active user data reached an all-time high in January 2022, with a monthly active user count of 31.7 million.

Regulatory News

Hong Kong Monetary Authority issues circular on the sale and distribution of tokenized products

On February 20th, the Hong Kong Monetary Authority issued a circular on the sale and distribution of tokenized products, outlining the expected regulatory standards that recognized institutions must comply with when selling and distributing tokenized products to customers. The HKMA believes that it is time to provide guidance on tokenized product-related activities to provide clear regulatory requirements for the banking industry to support continued innovation and the benefits of tokenization, while taking appropriate measures to protect consumers/investors. As a general principle, the current regulatory requirements and consumer/investor protection measures for the sale and distribution of certain products also apply to the sale and distribution of the same products in tokenized form, as their terms, characteristics, and risks (excluding risks arising from tokenization itself) are similar to those of related products. In addition to the general principles, recognized institutions should implement consumer/investor protection measures related to due diligence, disclosure, and risk management for tokenized products.

Welcome to join the official community of BlockBeats by LUDONG

Telegram subscription group: https://t.me/theblockbeats

Telegram communication group: https://t.me/theblockbeatsApp

Twitter official account: https://twitter.com/BlockBeatsAsia

Welcome to join the official BlockBeats community:

Telegram Subscription Group: https://t.me/theblockbeats

Telegram Discussion Group: https://t.me/BlockBeats_App

Official Twitter Account: https://twitter.com/BlockBeatsAsia