BTC Breaks Through 66,000 USDT

Data: In the past 24 hours, the total liquidation across the network was $362 million, with long positions liquidated at $295 million and short positions at $67.3032 million.

In the past 24 hours, the total liquidation amount across the entire network reached $362 million, with long positions and short positions totaling $295 million and $67.3 million respectively. Both Bitcoin and Ethereum long and short positions experienced significant liquidations, affecting 132,344 people worldwide. The largest single liquidation was $2,953,200.

The Smarter Web Company acquires Squarebird for £1.69 million in transaction value

Odaily Planet Daily reports that The Smarter Web Company, a UK-based Bitcoin treasury company, announced the acquisition of digital marketing agency Squarebird Agency for £1.69 million. The move aims to improve overall financial health, recurring revenue, and operating cash flow. The transaction will be paid through a combination of newly issued equity and cash, with Squarebird remaining independently operated for the time being.

Cipher Mining rebrands as Cipher Digital, transitioning from a Bitcoin mining company to HPC infrastructure

Cipher Mining, after rebranding as Cipher Digital, released its Q4 financial report with revenue of $60 million, below expectations, and the stock price dropped about 5%. The company expects to undergo a business transformation in 2025, shifting from Bitcoin mining to high-performance computing infrastructure, and has secured a signed capacity of 600 MW.