[While Bitcoin miners produce 900 Bitcoins per day, the newly launched U.S. Spot Bitcoin ETF requires 2,800 Bitcoins per day, more than three times the output, leading to a decrease in exchange holdings since 2020 28%, indicating that the market is experiencing a significant demand shock. 】

[IntoTheBlock: Retail investors have low participation in Bitcoin’s rise to over $60,000]

[The single-day trading volume of the U.S. spot Bitcoin ETF exceeded US$7.5 billion, twice the previous record high]

[Coinbase CEO Brian Armstrong said: The problems that occurred in various APPs are recovering. We have modeled a traffic surge of about 10 times and conducted load tests on it, which exceeded this number. The cost of keeping services over-provisioned is high, but we need to continue working on autoscaling solutions. 】

Coinbase traffic is overloaded, the app crashes, ETFs desperately build positions and the daily output is not enough to buy, retail investors have no big pie...

Today's dense news information is jointly stating the fact that encryption is overheated, the world is overheated, and the world is seriously overheated🥵

It only takes one line to break through 69,000.

#BTC $BTC