);)
It was revealed that the liquidation that occurred in the cryptocurrency futures market on the 20th recorded $1.048 billion (about 1.448 trillion won). According to data from the on-chain analysis platform Coinglass on the 20th, after BTC crashed below $96,000, the liquidation of long (bullish) bets and short (bearish) bets in the cryptocurrency market recorded $878 million (about 1.271 trillion won) and $160 million (about 232 billion won), respectively.
2. El Salvador "will accelerate Bitcoin accumulation"
The National Bitcoin Office (ONBTC) of El Salvador, the government agency dedicated to Bitcoin, officially announced on the 19th that it will accumulate Bitcoin at an even faster pace going forward. El Salvador signed a $1.4 billion (about 2.027 trillion won) loan agreement with the International Monetary Fund (IMF) on the 18th, with the condition of limiting the adoption of Bitcoin within the country.
3. Two Bitcoin miners accumulate 724 billion won worth of BTC
Major Bitcoin miners Marathon Digital and Hut 8 jointly purchased $500 million (about 724 billion won) worth of Bitcoin on the 19th. Marathon Holdings, after making a large-scale Bitcoin purchase last week, also entered the Bitcoin market this week, accumulating about 15,574 Bitcoins over the past two weeks. The funds invested by Marathon Holdings in Bitcoin accumulation over the past two weeks amount to about $1.53 billion (about 2.215 trillion won).
4. US SEC approves Bitcoin and Ethereum dual ETF
The US Securities and Exchange Commission (SEC) announced on the 19th that it has approved the Bitcoin and Ethereum mixed exchange-traded fund (ETF) application filed by Hashdex and Franklin Templeton. Franklin Templeton submitted the ETF approval application on the 19th and obtained SEC approval within a day.
Reporter Kwon Seung-won ksw@blockstreet.co.kr
