The following are five news items worth noting in the cryptocurrency space over the past 24 hours:
1. A report from CryptoQuant indicates that Bitcoin's valuation remains within a reasonable range, with retail holdings decreasing and large investors increasing. The target price is around $146,000, and the market may continue to rise.
2. Former SEC Commissioner Atkins is seen as a strong candidate for SEC Chairman, known for supporting market freedom and cryptocurrencies, which could lead to positive changes in regulatory policies.
3. SOS announced the purchase of Bitcoin as a long-term asset allocation, with its stock price rising over 43%.
4. MARA added $67 million in Bitcoin holdings, bringing its total to 34,794 coins, valued at approximately $3.3 billion. The company continues to bet on Bitcoin's long-term value.
5. Former CFTC Chairman Giancarlo is being considered to lead White House cryptocurrency policy, known for promoting blockchain and digital dollar initiatives.