BTC falls below the $99000 mark

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After the price of Bitcoin fell to $98900 and Ethereum fell to $39000, market sentiment diverged. Social data shows that although some traders have been impacted, there are still many who confidently buy on dips. This analysis also covers the market sentiment performance of XRP. （Santiment）

Monitoring shows that the bottom fishing pioneer 7 Siblings has invested 78.18 million US dollars in the past 24 hours, adding 22900 ETH, with a buying price range of 3595 to 3317 US dollars, and an average cost of about 3417 US dollars. At present, the entity holds a total of 188600 ETH, with a total value of approximately 618 million US dollars. (Auntie Ai)

[Ether.Fi DAO Approves $50 Million ETHFI Buyback Plan, Trigger Price Set at $3] Ether.Fi DAO has passed the 'ETHFI Buyback' proposal, authorizing the foundation to execute buybacks on the open market or designated on-chain venues when the current price of ETHFI falls below $3, with a total cap of $50 million. The plan takes effect immediately and will remain active until the cap is reached, the foundation announces its conclusion, or subsequent governance votes make adjustments. During periods when the price is below $3, the foundation may increase the proportion of protocol revenue allocated for buybacks. All transactions will be recorded on-chain and made publicly accessible via the Dune dashboard. Voting results show the proposal received 99.32% approval (approximately 5.1 million votes), with 0.68% opposition (approximately 34,700 votes), and a quorum of 512% was achieved.

[Timefun Shuts Down Creator Token Platform, Transitions to Crypto Social App] Timefun announced the gradual shutdown of its creator token platform, retaining only fund withdrawal and asset transfer functions to complete the transition to a new crypto social application. Founder Kawz stated that the new app will abandon the creator token model and shift to a design based on on-chain identity and social incentives, aiming to build genuine relationships and an on-chain value network. The team revealed that the new product has entered the internal testing phase, and a product preview and test invitation plan will be announced in the coming weeks.