Odaily Planet Daily News Bitcoin's long liquidation risk below $85,000 exceeds $1 billion, and large fluctuations may foreshadow a retest of the $81,000 support level. Bitget Research chief analyst Ryan Lee said that the decline in risk appetite among cryptocurrency investors is the main reason for the current sell-off. Bitcoin prices are fluctuating in a consolidation range and have fallen to the $89,000 level. Shorts are also pulling back below the support level. If the bearish behavior continues, it may test the next support level of around $86,000 and $81,000. Hong Yea, co-founder and CEO of hybrid cryptocurrency exchange GRVT, said: "The $85,000 price level is critical. If BTC falls below this support level, it may trigger further declines." (Cointelegraph)

Odaily Planet Daily News: Yu Xian, the founder of SlowMist, posted on the X platform that the 12,000 ETH stolen from Shenyu last year due to a phishing attack was done by the Eastern European hacker group Inferno Drainer, not North Korean hackers. The money laundering model is somewhat similar to that of North Korean hackers, and the funds are difficult to recover.

According to BlockBeats, on February 25, SlowMist founder Yu Jian revealed on social media that the theft of 12,000 ETH from Shen Yu last year was carried out by the Eastern European hacker group Inferno Drainer, not North Korean hackers. Although there are some similarities in the laundering methods used by North Korean hackers, recovering the stolen funds remains challenging. Previously, on September 28, 2024, BlockBeats reported that Lookonchain disclosed a phishing attack that resulted in the loss of 12,083.6 spWETH, valued at approximately $32.33 million, from a specific address. According to Arkham, this wallet may be linked to Cobo co-founder and CEO Shen Yu (@bitfish1).

According to Cointelegraph, Tether's USDT stablecoin is set to offer commission-free transactions on the Tron blockchain, as announced by Tron founder Justin Sun. Sun revealed in a post on X that the Tron Gas Free feature, which supports USDT gas payments without requiring TRX, will be launched within the next week. He encouraged teams and wallets interested in supporting this gas-free feature for Tether USDt (USDT) to reach out to JustLend, the decentralized autonomous organization (DAO) and official lending platform on Tron. Tron was previously recognized as one of the most cost-effective blockchains for USDT transactions, providing a cheaper alternative to ERC-20 USDT on Ethereum. However, recent data indicates that Tron has become one of the most expensive networks for USDT transfers. Tether's GasFeesNow page shows that TRC-20 USDt gas fees are currently the highest among supported blockchains, ranging from $3.20 to $6.50, compared to ERC-20 USDt fees, which are approximately $0.40. The page also notes the complexity of estimating gas fees on the Tron network, highlighting the need for wallets to possess 'energy' and 'bandwidth' for TRC-20 USDT transfers. Regular users who send USDT infrequently may find their wallets lacking in energy, prompting Tether's GasFeesNow page to suggest methods for reducing fees. The surge in TRC-20 USDt gas fees began in late 2024, peaking above $9 per transaction on December 9, leading to user dissatisfaction as Tron was no longer the cheapest option for stablecoin transfers. In response, the Tron Foundation has been working on gas-free TRC-20 transaction tools since at least July 2024, with Sun initially planning to introduce these features by the fourth quarter of 2024. Sun expressed optimism that such services would significantly aid large companies in deploying stablecoin services on the blockchain, thereby advancing blockchain mass adoption. Cointelegraph reached out to JustLend for comments on the upcoming Tron Gas Free feature but did not receive a response by the time of publication.

OKX market data shows that BTC fell below 89,000 USDT and is now at 88,992.1 USDT, a 24-hour drop of 7.38%. (This newsletter is generated with the assistance of AI)

واصلت عملة البيتكوين تراجعها خلال 24 ساعة الماضية، منخفضة إلى مستوى 90,000 دولار، وهو أدنى مستوى منذ 13 يناير، لتخسر أكثر من 9000 دولار منذ ذروة يوم الجمعة عند 99,500 دولار. جاء هذا الهبوط بعد اختراق ضخم استهدف Bybit، حيث تم سحب 1.4 مليار دولار، معظمها من الايثيريوم (ETH)، مما أدى إلى موجة هبوط شملت … The post بعد تراجع سعر البيتكوين: تصفية مراكز بأكثر من مليار دولار appeared first on بيتكوين... source: https://arab-btc.net/btc-breaks-down-to-90k/

Odaily Planet Daily News According to Cointelegraph’s article on the X platform, Bybit has completed registration with the Indian financial regulator FIU-IND and resumed full trading services. Bybit has paid the fine and will operate within the Indian regulatory framework. Bybit’s non-profit initiative “Blockchain for Good Alliance” has also established partnerships with blockchain societies at Indian universities, such as the Blockchain Association of the Indian Institute of Technology Delhi (IIT Delhi) and the Indian Institute of Technology Kharagpur (IIT Kharagpur).

Odaily Planet Daily News: Shenyu expressed his views on the market expectations this year. He believed that more new funds would flow into the industry market only after the US national reserve gradually becomes clearer in the second half of the year, perhaps from June to October. It is difficult to judge the bull-bear transition. The key is to see whether the US national reserve will have results this year. If there is no result, the bull market may be over, but the probability of passing at this moment is still relatively high. (Wu said)

According to PANews, during a Space event hosted by Wu Shuo and Cobo, Shen Yu shared his expectations for the market this year. He suggested that significant new capital might flow into the industry market in the latter half of the year, possibly between June and October, as the U.S. Federal Reserve's policies become clearer. Shen Yu noted that predicting the transition between bull and bear markets is challenging, with the outcome largely dependent on the U.S. Federal Reserve's decisions this year. If there are no decisive results, the bull market might come to an end, although the probability of favorable outcomes remains relatively high at this moment.

The post How ForU AI is Pioneering AI Agents, RWAI and Community AI-DIDS appeared first on Coinpedia Fintech News The global data economy is built on an exploitative model where large tech companies profit from user data without fair compensation. While discussions on data privacy exist, no substantial solution has put users in full control—until now.  ForU AI is pioneering Real-World AI... source: https://coinpedia.org/information/how-foru-ai-is-pioneering-ai-agents-rwai-and-community-ai-dids/

Solana-based Water Coin surged nearly 40% after Ronaldinho promoted it on Instagram, following Lionel Messi’s earlier endorsement. Industry critics warn a potential pump-and-dump may be on the horizon.