BTC $77,370.71 -0.27%
ETH $2,243.65 +0.18%
BNB $703.26 +0.16%
XRP $1.25 -0.58%
SOL $95.71 -1.40%
TRX $0.3164 -6.75%
DOGE $0.0751 -0.84%
ADA $0.1923 -0.75%
BCH $288.25 +1.68%
LINK $11.53 +4.26%
HYPE $87.92 -5.35%
AAVE $133.04 +6.67%
SUI $0.8970 +1.20%
XLM $0.1689 +2.44%
ZEC $1,273.56 +0.13%
AAPL $345.53 -0.06%
AMZN $240.65 +5.75%
GOOGL $281.85 -0.39%
MSFT $524.26 -0.60%
META $614.32 -0.23%
NVDA $203.17 -2.29%
TSLA $399.83 +1.44%
SNDK $1,154.97 -5.39%
INTC $64.64 -5.84%
SPCX $137.19 -1.59%
MU $897.00 +1.15%
AMD $507.30 -2.53%
BTC $77,370.71 -0.27%
ETH $2,243.65 +0.18%
BNB $703.26 +0.16%
XRP $1.25 -0.58%
SOL $95.71 -1.40%
TRX $0.3164 -6.75%
DOGE $0.0751 -0.84%
ADA $0.1923 -0.75%
BCH $288.25 +1.68%
LINK $11.53 +4.26%
HYPE $87.92 -5.35%
AAVE $133.04 +6.67%
SUI $0.8970 +1.20%
XLM $0.1689 +2.44%
ZEC $1,273.56 +0.13%
AAPL $345.53 -0.06%
AMZN $240.65 +5.75%
GOOGL $281.85 -0.39%
MSFT $524.26 -0.60%
META $614.32 -0.23%
NVDA $203.17 -2.29%
TSLA $399.83 +1.44%
SNDK $1,154.97 -5.39%
INTC $64.64 -5.84%
SPCX $137.19 -1.59%
MU $897.00 +1.15%
AMD $507.30 -2.53%

line

LINE is a well-known instant messaging platform that has entered the blockchain and cryptocurrency field in recent years through its subsidiary LINE Tech Plus. LINE launched its own blockchain platform, LINE Blockchain, and issued the token LINK (LN) for payment and reward mechanisms within the platform. LINE's blockchain project aims to combine blockchain technology with its extensive user base to promote the adoption and use of decentralized applications.
All
Article
Flash

Ansem: The limited decline of BTC after the Binance hack does not mean the downward trend has ended

Cryptocurrency trader Ansem posted that the statement "6 billion dollars stolen, and Bitcoin only dropped 2%" should not be directly viewed as a bullish signal. He believes that the current trading structure of Bitcoin is significantly different from years ago, and the market's lack of immediate downward reaction to events does not mean that the downward trend will not continue.He pointed out that in 2017, Bitcoin was still the main target for leveraged speculation among retail investors, but from 2020 to 2021, retail investors took on higher risks primarily through trading altcoins, and new traders on Uniswap had limited interest in Bitcoin. After 2023, due to the poor performance of altcoins on centralized exchanges, speculative activities further shifted on-chain, making Meme coins more popular; now perpetual contracts in stocks have further diverted traders who might have leveraged long positions on BTC. Ansem believes this change has affected BTC's price performance.In 2017, Bitcoin often rose rapidly after breaking historical highs; however, in 2021 and during certain phases from 2023 to 2025, there were more instances of slight new highs followed by failed breakouts and narrow fluctuations lasting for months. He cited the "10·10" liquidation event as an example, stating that BTC's decline was limited compared to altcoins at that time, and it continued to trade above $100,000 for several weeks, while altcoins suffered severe losses within a single candlestick. In his view, this is related to high-risk speculators no longer concentrating on leveraged long positions in BTC.Ansem emphasized that the current sellers may be more passive, and there are likely fewer speculators facing leveraged liquidations in the BTC market than in the past, so one cannot conclude that the downward trend has ended solely based on short-term price resilience.

Japan Bitcoin Industry Company secures $5.07 million in physical BTC funding, Robinhood's Q3 crypto revenue significantly declines

According to BBX data, the global capital markets revealed the latest developments in direct investment in Bitcoin and the performance of brokerage digital asset businesses yesterday. The core information is as follows:Japan Bitcoin Industry has completed a capital increase of 840 million yen, fully paid in physical Bitcoin: The Web3 infrastructure developer Japan Bitcoin Industry announced the implementation of a third-party share allocation capital increase, successfully issuing shares to two institutions, Fulgur LLC and ANAP Lightning Capital (ALC), raising a total of 840 million yen (approximately 5.07 million USD). Notably, this capital increase will be fully funded in physical Bitcoin, with on-chain delivery expected to be completed on November 2. At the same time, the company signed a basic agreement for cooperation in Lightning Network routing business with ALC, which will use the Bitcoin held by ALC as the underlying liquidity for the company's operational channels. The raised funds will be specifically used for the research and development of the infrastructure "aurora" (supporting enterprises to access Lightning payments via API), talent recruitment, and local routing network infrastructure.Robinhood (NASDAQ: $HOOD) Q3 crypto revenue plummets 55%, causing overall profits to fall short of expectations: American internet brokerage giant Robinhood released its third-quarter financial report. The data shows that due to a slowdown in cryptocurrency trading activity and increased operating expenses, overshadowing its strong performance in options and prediction markets, the quarterly profits fell below Wall Street expectations. In the third quarter, its cryptocurrency trading revenue decreased significantly by 55% year-on-year to 120 million USD. Although options trading revenue grew by 31% and event contract revenue surged more than sixfold, driving overall trading revenue up 19% year-on-year to 867 million USD, total operating expenses also increased by 16% year-on-year to 739 million USD. The company's earnings per share for the quarter were 0.51 USD, falling short of analysts' expectations of 0.55 USD, leading to a drop of over 7% in its stock price in after-hours trading.
app_icon
ChainCatcher Building the Web3 world with innovations.