Main Password: Bitcoin welcomes key price fluctuations, main player trades $100 million to bet on this direction

According to Cryptonews, Austrian bank Raiffeisen Bank International (RBI) has invested millions of euros in Blockpit, an Austrian startup focused on cryptocurrency taxation, through its venture capital arm Elevator Ventures. Blockpit, headquartered in Linz and led by CEO Florian Wimmer, recently announced that it will achieve profitability in 2024, making it an attractive target for investors seeking to profit from the growing demand for compliant cryptocurrency services. The investment amount of RBI and the valuation of Blockpit have not been disclosed yet. This transaction marks Elevator Ventures' first foray into the field of cryptocurrency startups. Through this investment, Elevator Ventures hopes to support Blockpit in further expanding its services that have been successfully launched in ten countries. Blockpit will use this investment to expand into new European markets, particularly Eastern Europe. The company will also develop tools to prove the source of funds for bank withdrawals and cryptocurrency exchange transfers. Blockpit was founded in 2017 and currently has 30 employees. In 2021, the company raised $10 million in Series A funding led by MiddleGame Ventures. In November 2023, following its merger with German competitor CryptoTax in 2020, Blockpit also acquired Swiss competitor Accoining in a multi million euro deal.

The current price of HTX-ETH is $1945.03, with a 1.23% increase in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 11.97 million US dollars, with the main liquidation being short orders and ETH liquidation being 6.36 million US dollars (53.13%). The data is for reference only.

Odaily Planet Daily News: David Sacks responded to previous reports on X platform about his sale of cryptocurrency assets, stating that he did not "sell" cryptocurrency assets, but rather divested them in accordance with government ethical regulations. He emphasized that he had hoped to retain these assets, but the policy required him to carry out the operation. He added that it was his honor to serve President Trump and the American people.

OKX-BTC/USDT is currently trading at $83016.80, a decrease of 1.09% in 24 hours. Please pay attention to market fluctuations.

The Ethereum Foundation stated in its official blog that during the activation process of the Pectra testnet, issues were exposed with the configuration changes of deposit contracts on the Ethereum testnet on the client side. Although the recovery process of the Sepolia network was relatively direct and has now been fully restored, the Holesky network has experienced a large number of inactive leaks in the recovery mechanism. The Holesky network has since completed final confirmation, but it will take approximately one year for the exiting validators to be completely removed from the validator set. Although stakers can test deposits, merges, and all other Pectra features, the size of the exit queue makes it difficult for Holesky to test the complete validator lifecycle within a reasonable time frame. To address this issue, a new testing network has been launched: Hoodi。 It will activate the Pectra network upgrade at epoch 2048 (Wednesday, March 26, 2025 at 15:37:12 Beijing time). In the future, pledge operators and infrastructure providers should use Hoodi for validator testing. In order to allow time for migration, the Holesky testnet will support it until September 2025. All other Pectra features can be tested on Holesky except for validator exit. Summary of Testing Network and Its Applications: Holesky： Authenticator and Pledge Provider (expected termination date is September 30, 2025). Client developers will also use Holesky testing to increase gas restrictions and perform other protocol stress tests. Sepolia： Application and tool developers (expected termination date is September 30, 2026). Hoodi： Validators and pledge providers (expected termination date is September 30, 2028). Planned Sepolia alternative: expected to be launched in March 2026.