Overview of Important Developments on the Evening of February 9
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12:00 (UTC+8) - 21:00 Keywords: Circle, BlackRock, Metalpha 1. Circle issues an additional 250 million USDC on Solana 2. Cango discloses the sale of 4,451 bitcoins last week, with total net proceeds exceeding $300 million 3. BlackRock deposits 2,268 BTC and 45,300 ETH into an exchange 4. Metalpha's board approves a bitcoin purchase plan and completes the first phase with a $1 million BTC purchase 5. Analysis: Three major structural factors amplify the current bitcoin downturn 6. Cango discloses the sale of 4,451 bitcoins last week, with total net proceeds exceeding $300 million
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