Bitcoin's surge of approximately 450% in two years is itself a potential risk signal. Rapid price increases are often accompanied by high volatility, so Bitcoin's characteristics as a highly volatile and risky asset will likely continue in the foreseeable future.

The market has also questioned the effectiveness of analogies based on a single historical cycle, with some trading institutions pointing out that a "pattern" formed based on only one historical event has limited reference value. The current market environment differs significantly from that of 2021-2022, including institutional liquidity brought by spot Bitcoin ETFs, changes in market leverage structure, and a shift in the macroeconomic environment from an aggressive interest rate hike cycle to one dominated by cross-asset volatility.

The market is about to witness a super game: non-farm payrolls and CPI data will bombard the market back-to-back, and a showdown between gold and the US dollar is imminent; war clouds are gathering in the Middle East, with the US and Iran exchanging barbs and a US aircraft carrier poised for deployment; the Japanese general election is approaching, and the world's most indebted country is embarking on a fiscal gamble. The convergence of these three risks may trigger disorderly market volatility.

The company disclosed that it will gradually transform into the field of artificial intelligence and plans to add 140,000 GPUs, and expects to achieve annual recurring revenue of $3.4 billion by the end of 2026.

This round of sharp decline is more of a phased recovery after leverage clearing and risk appetite contraction. A short-term technical rebound may have already occurred, but the medium-term trend still depends on macro liquidity, the performance of technology stocks, and the flow of institutional funds.

In January, mining yielded 23 BTC, while the average hashrate increased to 1.69 EH/s.

The industry's fundamentals and institutional participation continue to strengthen, and the long-term development logic has not been fundamentally undermined.

Based on Kalshi's recent valuation of $11 billion, a 1% stake would be worth $110 million.

All airdrop features should have a maximum value check set up, and it's currently uncertain whether all projects involved on Binance have implemented this 100%.

A review of the price movement shows that Bitcoin bottomed out around $15,000 after the FTX incident in November 2022, then began a bull market, reaching a high of around $126,000 in October 2025.

EY, one of the Big Four accounting firms, stated that wallets are evolving from crypto tools into the core entry point of the next-generation financial system, noting that "wallets themselves are a strategy; whoever controls the wallet controls customer relationships." Analyst Mark Nichols pointed out that wallets will become a key infrastructure for storing, transferring, and managing tokenized assets. In the future, they will not only be applicable to crypto assets but will also cover on-chain financial scenarios such as payments, stablecoins, and private lending, becoming a unified entry point connecting all on-chain financial activities such as payments, tokenized assets, and stablecoins.

It is understood that Keel Infrastructure will be a company incorporated under the laws of Delaware, and its common stock will be traded on Nasdaq and the Toronto Stock Exchange after the change of incorporation is completed.

The company also disclosed that as of the end of January, it had pledged a total of 138,266 ETH, generating approximately 344 ETH in staking rewards.

A newly created wallet withdrew 1,550 BTC from Binance, worth approximately $106.62 million.

Gnosis Safe wallet withdrew 20,520 ETH (US$41.92 million) from Binance.

The whale currently holds 56,528 ETH, worth $115.3 million.

One whale that had been dormant for two years withdrew 34,233 ETH from Binance one hour ago, worth $68.78 million.

A whale that liquidated $2.3 billion transferred another 10,000 ETH to an address associated with Yi Lihua. Within half an hour, it repaid its loan and withdrew 550,000 ETH, bringing the total value to $10.9 billion.

Tether has frozen $544 million in crypto assets at the request of Turkish regulators to combat illicit gambling and money laundering networks. The company's CEO emphasized global compliance cooperation. Analysis shows USDT accounts for two-thirds of the funds on the blacklist.

Bitcoin's short-term price action is increasingly divergent, with traders bullish on a target of $84,000 while analysts warn of downside risks. The market is focused on the high gap and institutional buying power; the short-term trend is nearing clarity.