Gate Crypto Flash News and Market Updates

ChainCatcher reports that, according to Coinglass data, if BTC breaks through $72,308, the total liquidation strength of long positions on major CEXs will reach $1.117 billion. Conversely, if BTC drops below $65,532, the total liquidation strength of short positions on major CEXs will reach $753 million.

ChainCatcher message, according to Coinglass data, if ETH breaks through $2,103, the total short liquidation strength of mainstream CEXs will reach $679 million. Conversely, if ETH falls below $1,906, the total long liquidation strength of mainstream CEXs will reach $613 million.

Gate News bot message, Bitcoin's hashrate has dropped approximately 20% as mining profitability collapsed. Crashing BTC prices and Winter Storm Fern across 34 U.S. states triggered the largest difficulty adjustment since China's 2021 ban. Many miners shifted operations during this period.

ChainCatcher message indicates that at 02:14, 2.193 million UNI (worth approximately $7.43 million) were transferred from one anonymous address (starting with 0x9c98...) to another anonymous address (starting with 0xf129...).

ChainCatcher message, according to Jinshi reports, Federal Reserve's Logan stated that last year's rate cut was an "insurance" measure to prevent a cooling of the labor market, but it also increased inflation risks.

ChainCatcher news reports that Federal Reserve official Logan stated that inflation has been above the 2% target level for nearly five consecutive years.

ChainCatcher News reports that Federal Reserve's Logan stated that if inflation subsides and the labor market remains stable in the coming months, there will be no need for further interest rate cuts.

ChainCatcher News reports that Federal Reserve's Logan stated that if there is further and substantial cooling in the labor market, interest rate cuts may be appropriate.

ChainCatcher reports that Federal Reserve official Logan stated that he is more concerned about inflation stubbornly remaining high.

ChainCatcher News reports that Federal Reserve's Logan stated that the current policy stance may be very close to a neutral level, with limited dampening effects on the economy.

ChainCatcher News, according to Jinshi reports, Federal Reserve official Logan stated that they are not yet fully confident that inflation will decline to 2% across the board.

Gate News bot message: According to Inner City Press, SafeMoon founder Braden Karony has been sentenced to 100 months in prison.

ChainCatcher News reports that Federal Reserve's Harker stated that achieving a 2% inflation rate is crucial before the next interest rate adjustment.

BlockBeats News, February 11, According to Inner City Press, the Southern District of New York Federal Prosecutor's Office has just received documents from FTX founder SBF requesting a review of cryptocurrency crime cases.

BlockBeats News, February 11 — According to CME "FedWatch" data, the probability of the Federal Reserve cutting interest rates by 25 basis points in March is now 21.6%, while the probability of holding rates steady is 78.4%.

ChainCatcher News reports that Federal Reserve official Harker stated that the current Federal Reserve target interest rate is "close" to the neutral level.

ChainCatcher reports that, according to Jinshi, Federal Reserve official Harker stated that there is a risk that inflation may remain at 3% this year, while also emphasizing that inflation needs to decline further.

ChainCatcher message, according to Jinshi reports, Federal Reserve's Harker stated that the Federal Reserve's interest rate policy may remain unchanged "for a considerable period of time."

ChainCatcher reports that, according to Arkham data, at 00:53, 25,008.43 SOL (worth approximately $2.115 million) was transferred from an anonymous address (starting with A32XE...) to another anonymous address (starting with H2fWJ...). Subsequently, this address transferred 25,759 SOL to another anonymous address (starting with 2V3AV...).

BlockBeats News, February 11 — According to Bitcoin Magazine, Harvard University's Bitcoin ETF holdings exceed the market value of its parent company Alphabet's Google shares.