Key Market Information Discrepancy on February 2nd – A Must-See! | Alpha Morning Report
Top News
1. Gold and Silver Oil Stocks Fell Across the Board on Monday as Market Sentiment Shifted to Cautious
2. Bitcoin Downtrend Continues, Approaching Near 2025 Low Again
4. Peter Brandt Implies in a Post that Bitcoin Will Fall to $58,000
Articles & Threads
1. "With No Good News, Where Will Bitcoin Fall"
The only strong cryptocurrency in the market, Bitcoin, has also begun to falter. In the early hours of the first day of February, a needle pierced $75,000. Directly cleaning out the insider whale we have long trusted. It also reached Strategy, Bitcoin's largest holder, with a cost price. Strategy holds a total of 712,647 BTC, with a total acquisition cost of approximately $54.19 billion, an average cost of about $76,037 per coin. Billions of dollars in profit disappeared. After nearly a year, we once again saw Bitcoin starting with a 7. The peak of the 2021 bull market was $69,000, very close. As usual, we still need to find a reason.
2. "Per Capita Profit of $90 Million, the World's Largest Private Buyer of Gold"
Tether has hoarded around 140 tons, worth approximately 24 billion US dollars. This amount exceeds the reserves of central banks of countries such as South Korea, Hungary, Greece, Qatar, Australia, and others. Tether has become the world's largest gold holder outside of central banks. At this pace, Tether's monthly gold purchases exceed 1 billion US dollars. The price of gold has risen from around 2650 US dollars at the end of September 2024 to over 5100 US dollars now, resulting in Tether's unrealized gains on its balance sheet far exceeding 5 billion US dollars.
Market Data
Daily Market Overall Fund Heat (Reflected by Funding Rate) and Token Unlocks
Data Source: Coinglass, TokenUnlocks
Funding Rate

Token Unlocks

You may also like

SharpLink CEO: How to understand that Ethereum developers have just surpassed 1 million?

Morning Report | MiCA grace period expires on July 1; Kalshi's trading volume in the first week of the World Cup breaks $5.1 billion, setting a record

The foundation of SpaceX's trillion-dollar valuation: Who is dividing Musk's annual capital expenditure of tens of billions?

How to exit after asset tokenization?

The stablecoin positioning battle escalates: When compliance is just a ticket to entry, will USD1 become the biggest winner?

A16Z: The sun bears witness, SpaceX is worth 7.5 trillion

Mergers and acquisitions in the cryptocurrency market are exceptionally active

Concerns Behind the Binance Customer Service Controversy

SpaceX Stock Prediction After the IPO: Can SPCX Reach $200 Before QQQ Inclusion?

Congratulations to Carl Moon on His Historic Ferrari Challenge Le Mans Podium Triumph
Crypto influencer and racing enthusiast Carl Moon finished third in the Ferrari Challenge Le Mans Coppa Shell class, marking his best result of the year. As his racing partner and sponsor, WEEX celebrates this remarkable achievement and continues to lead crypto’s journey beyond boundaries, uniting the innovation of digital assets with the passion of motorsport.

Can the CLARITY Act Become Law by July 4? Everything You Need to Know About the Final Battle

France vs Senegal World Cup 2026: Mbappe’s New Era Begins Against a Historic Rival

What is the connection between Huang Zheng of Pinduoduo and blockchain?

Morning Report | Prediction market platforms like Kalshi and Polymarket jointly sue Kentucky over 14.25% trading tax; Bridgewater founder discusses decision-making in the AI era: principled thinking should run parallel to AI, human insight remains irre...

If the AI bubble has already burst, who will truly remain?

Paul Graham: How to Make a Billion Dollars

After 18 years, blockchain has finally started to head towards the main channel

