Crypto Daily Report #Gate广场发帖领五万美金红包 02.12(：Institutions Increase Holdings in BTC/ETH Amid Market Weakness and Volatility, Regulatory Communication Mechanism Optimization Progress

I. Institutional Holdings Dynamics in BTC and Core Crypto Assets

1. Goldman Sachs has allocated approximately $2.361 billion in crypto assets through ETFs, with nearly 90% of the allocation concentrated in BTC and ETH. The holdings are nearly balanced, reflecting strategic emphasis on ETH.

2. Michael Saylor stated that MicroStrategy will continue to increase its BTC holdings. Market concerns about its selling of BTC are unfounded, and he emphasized that the company's financial position is stable and that he remains bullish on Bitcoin in the long term.

3. DDC Enterprise has increased its BTC holdings for the fifth consecutive week, adding 100 BTC, bringing total holdings to 1,988 BTC, with an average cost basis of $85,756.

4. UK-listed company The Smarter Web Company increased its BTC holdings by 15, bringing total holdings to 2,689 BTC.

5. Exodus Movement reduced its holdings by 10 BTC and 11 ETH, while increasing its SOL holdings by 1,334, adjusting its asset allocation.

II. Market Prices and Overall Market Trends

1. Bitcoin has fallen nearly 46% since reaching its all-time high last October, with a sharp decline on Wednesday, retracing previous rebound gains. The current price is around $66,000, and the overall market trend remains weak.

2. Bitcoin whales bought approximately 53,000 BTC last week, the largest single-week purchase since November last year. However, new capital inflows are weak, and rebound momentum is insufficient.

3. In the past 24 hours, the total liquidations across the crypto market reached $393 million, with long positions accounting for $286 million. BTC liquidations totaled $158 million, ETH liquidations $126 million.

4. Crypto-related concept stocks generally declined, with Robinhood, Coinbase, and others experiencing falling stock prices, indicating weak market confidence.

III. Latest Regulatory Policy Developments
Yeh Chi-hang, Executive Director of the Securities and Futures Commission's Intermediaries Department in Hong Kong, announced the launch of a tender for the "Regulatory Communication Accelerator" program, which will introduce third-party service providers to build communication bridges and optimize interactions between regulators and market participants, fostering mutual trust.

IV. Market Opinions and Risk Warnings

1. Peter Schiff believes that a 50% crash in Bitcoin is not a buying opportunity but rather a signal to sell on rallies, and he is bearish on its short-term prospects.

2. Analysis suggests that due to changing Federal Reserve policies, insufficient institutional capital inflows, and low market confidence, Bitcoin still faces risks of further correction in the short term.

V. Technology and Application Updates
TON Wallet now supports Bitcoin and Ethereum, further expanding the scope and functionality of digital asset wallets.