OKX-BTC/USDT is currently trading at $63996.20, with a 24-hour decrease of 4.77%.

According to blockchain data tracking service Whale Alert, at 5:23 pm on March 22nd Beijing time, 3,595 BTC were transferred from an unknown wallet to Coinbase, worth $237,257,125.

According to JPMorgan, bitcoin is still overbought and profit-taking could continue leading up to the halving event. The past week saw a significant outflow in spot ETFs, which challenges the idea of sustained net inflows. Despite the recent correction, positioning still looks overbought and the bank predicts that profit-taking will continue as the halving event approaches. The quadrennial reward halving, which cuts miners' rewards in half, is expected in mid-April.

Mining company Hiveon posted on social media, saying that yesterday, the Oklahoma State Council passed a bill with a vote of 81:1 aimed at protecting Bitcoin rights, the result of efforts by Dennis Porter, Satoshi Action Fund, and the Oklahoma Bitcoin Association. The rights bill includes mining, buying and selling Bitcoin, self-custody, and running nodes; the bill was passed by the Senate and signed by the governor. The "mining rights" bill had previously passed in Montana and Missouri in 2023.

According to Nicehash data, there are only about 500 blocks left until the next Bitcoin halving. The information shows that the halving event is expected to occur at block height 840,000, and the current block height has reached 835,532. In addition, there are less than 24 days left until the next Bitcoin halving.

According to HODL15Capital, China ranks second in national Bitcoin holdings with 190,000 Bitcoins.The United States ranks first with 210,000 Bitcoins. El Salvador ranks sixth with 5,692 Bitcoins.

1.Derivatives trading platform D2X completed US$10 million in Series A financing, led by Point72 Ventures2.6 wallets received ARB from the vesting contract and deposited 8.95 million ARB to Binance3.BOME TOP1 holders will sell 190 million BOME for the first time, making a profit of US$3.76 million4.Manta Network joins hands with ether.fi to launch the first phase of Restaking Paradigm, staking ETH to earn double EtherFi airdrop points5.A giant whale took out 1,000 MKR from Aave and sold them in batches, worth $2.88 million6.Bitcoin fee income was only about $20.3 million this week, a drop of more than 33%7.BOME Token Price Surge Reflects Cryptocurrency Market Dynamics8.ETHVietnam anonymous MACI voting is officially launched. This is the first time aMACI voting technology has been used in a large-scale encryption event.9.Bitcoin Whales Withdraw Massive BTC Reserve From Exchanges, Impacting Bitcoin Price Surge10.USDC circulation increased by 1.3 billion in the past 7 days

Kris Marszalek, CEO of Crypto.com, has shared his thoughts on Bitcoin's recent pullback from its all-time high. Marszalek believes that Bitcoin is currently experiencing a strong uptrend, similar to what was seen in December 2020 and January 2021. Despite the recent drop in price, Marszalek remains optimistic about Bitcoin's long-term potential and expects a steady increase in value over time. He also notes that the current volatility is relatively low compared to previous cycles. At the time of writing, Bitcoin is trading at $66,163, down over 4% in the last 24 hours.

According to Whale Alert monitoring, 4,799 BTC (approximately $314,132,844 USD) was transferred from Coinbase to an unknown wallet.

The market shows BTC has broken through $66,000 and is now trading at $66,013.3. The intraday decline reached 4.69%, and the market fluctuations are large. Please be prepared for risk control.

Bitcoin whales have been withdrawing a significant amount of BTC from exchanges in the past week, taking advantage of the surge in Bitcoin price past $73,000. Over 21,000 BTC was withdrawn this week, with a staggering $752 million worth of BTC withdrawn on Thursday, marking the highest single-day withdrawal since May 2023. This mass withdrawal has had a swift impact on the Bitcoin price, which experienced a notable crash on Friday, falling over 7%. However, the emergence of 13 new whales with holdings of over 1,000 BTC suggests growing interest in Bitcoin among large players.

A trader who profited from the 2023 crypto breakout is cautioning that Bitcoin's strong uptrend is displaying signs of weakness for the first time since spot market exchange-traded funds (ETFs) were approved in January. The trader, known as DonAlt, observes that BTC's strong uptrend this year is beginning to show signs of exhaustion, and that the market structure on the lower time frame is concerning. With Bitcoin trading close to its high time frame resistance at $69,000, DonAlt says that the setup favors BTC bears, but notes that this is not necessarily a bearish sign. At the time of writing, Bitcoin is trading at $66,163, down over 4% in the last 24 hours.

The market shows BTC has fallen below $65,000 and is now trading at $64,999.9, with a daily decline of 6.08%. The market is volatile, so please be prepared for risk control.

Data shows that as the market adjustment is approaching, Bitcoin fee income has seen a significant drop this week. According to the blockchain analysis platform IntoTheBlock, Bitcoin fee income this week was only $20.3 million, a decrease of 33.1%. Analysis suggests that this situation may be related to the decline of the BRC-20 trend and the decrease in Bitcoin Ordinals activity. In addition, since the approval of the spot Bitcoin ETF, $700 million worth of BTC has been withdrawn from CEX.

According to Coinglass data, the total liquidation in the past 24 hours was $542 million, including $454 million in long positions and $87.79 million in short positions.

According to Coinglass data, the nominal value of unclosed BTC option positions on the entire network is 28.75 billion US dollars, and the nominal value of unclosed ETH option positions is 13.51 billion US dollars.

Coinglass data shows that the current balance of BTC on major exchanges has dropped to 1.82 million coins, a decrease of 60,000 coins so far this year, including:

Vanguard Group CEO Tim Buckley has long been strongly opposed to Bitcoin ETFs, despite facing criticism from customers and continued inquiries about the company's ETF plans. In a recent video released by Vanguard, Buckley warned that due to the volatility of Bitcoin ETFs, they should not be included in retirement investment plans as they are speculative assets. Buckley also questions the status of Bitcoin as a store of value, noting that during the 2022 stock market crash, Bitcoin also experienced a significant drop. He stated, "When the stock market was hit hard in the recent crisis, Bitcoin also fell. So it is speculative and difficult to consider its place in a long-term investment portfolio." (Cointelegraph)

On March 16th, 10x Research released a new report stating that the prospects for approval of an Ethereum ETF seem less optimistic compared to Bitcoin, with analysts estimating a likelihood of approval at only 30%. This uncertainty may weigh on Bitcoin after the Dencun upgrade is implemented. In addition, recent inflation data in Europe and the United States has been released, and central bank officials' unwillingness to commit to further interest rate cuts has further dampened market sentiment, leading to Bitcoin selling during the Asian trading session.

On March 16th, according to data from Magic Eden, Runestone has completed all 112,383 airdrops, and the current floor price is temporarily reported as 0.0218 BTC. The cumulative trading volume has exceeded 206.6358 BTC, and the number of holding addresses is close to 98,000.