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13:23
SBF continues to futilely seek pardon, with the White House making it clear that Trump has no intention of pardoning him.
BlockBeats News, February 25th, FTX founder SBF posted and @'d Trump, stating that the "Cryptocurrency Market Structure Act" (aka the CLARITY Act) will be a significant milestone in the history of cryptocurrency development and a major achievement for President Trump. "I once actively promoted a similar bill with the aim of freeing cryptocurrency from the control of former SEC Chairman Gary Gensler, but Gensler helped the Biden DOJ send me to prison instead." Currently imprisoned, SBF is launching a futile campaign for a pardon from the U.S. President. Trump pardoned SBF's former prison mate, former Honduran President Juan Orlando Hernández, on December 2nd last year. Since then, SBF has frequently tweeted in support of Trump's policies to curry favor and seek a pardon or commutation. In fact, SBF's family has been publicly lobbying Trump since early 2025 and actively arranging meetings with his allies. However, a White House spokesperson stated earlier today that Trump has no intention of pardoning SBF. BlockBeats Note: SBF is still in prison, and this message is being forwarded by a friend who has access to SBF's account.
13:22
Analysis: Bitcoin recovery is still hindered by ETF outflows and strategic selling by large holders, with strong market caution prevailing
According to Odaily, a report from a certain exchange indicates that the bitcoin market has recently been fluctuating within the $65,000–$70,000 range in the short term, but the long-term trend remains downward. Since reaching an all-time high last October, there has been a significant correction of over 52%. Although there has been a rebound of about 20% from the February 5 low, this week’s price is still below the lower end of the range and is testing new lows. Macroeconomic uncertainty has intensified, especially after the Supreme Court’s ruling on the Trump administration’s tariff increases. Precious metals such as gold and silver have rebounded, while crypto market traders continue to pay a premium for downside protection. The Exchange Whale Ratio shows that recent bitcoin inflows to exchanges are mainly from large holders. Such concentrated inflows usually indicate strategic selling rather than short-term forced liquidations or retail sell-offs. Large holders may sell at key structural levels or during daily fixed periods, reflecting intentional market positioning. Last week, the options market reduced downside protection for the first time, but influenced by the tariff news, traders did not increase long positions and only adjusted for extreme tail risks. Short-term contract trading data shows that market sentiment is cautious rather than optimistic.
13:12
DDC increases its holdings by 50 bitcoins, bringing the total to 2,118 bitcoins.
ChainCatcher reported that DDC Enterprise Limited announced the purchase of an additional 50 bitcoins, bringing its total bitcoin holdings to 2,118. This marks the seventh consecutive week the company has increased its bitcoin holdings. Currently, it ranks 34th among global publicly listed companies in terms of bitcoin holdings.
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