Bitcoin Approaches $85,000 Mark With 4% Daily Decline

DDC purchases an additional 50 Bitcoins, bringing the total holdings to 2,118 Bitcoins.

Odaily Planet Daily reports that DDC Enterprise Limited has announced an additional purchase of 50 Bitcoins, bringing its total Bitcoin holdings to 2,118. This marks the company's seventh consecutive week of Bitcoin accumulation, currently ranking 34th among publicly listed companies worldwide in Bitcoin holdings. (Businesswire)

BTC Breaks Through 66,000 USDT

Gate News bot message, Gate Market Display, BTC Breaks 66,000 USDT, current price 66,006.4 USDT.

South Korean police arrest two suspects involved in the theft of 22 Bitcoin evidence

The police in Gyeonggi Province, South Korea, have arrested two suspects for allegedly stealing 22 Bitcoins. These Bitcoins were seized during an investigation into a 2021 hacking case and were illegally transferred due to improper storage by the police. They have not yet been recovered, with an estimated loss of approximately $1.5 million.

Analysis: Multiple Bitcoin mining company stocks defy the trend and strengthen, with short covering and electricity advantages being key drivers

Despite Bitcoin prices dropping nearly 17%, the stock prices of several Bitcoin mining companies like TeraWulf and Cipher Mining have risen. Analysis indicates that these mining companies have a high proportion of hedge fund short positions, and a fundamental improvement could trigger a rebound. These companies have attractive power contracts, and capital is flowing toward structural winners.