Huoxun Finance reported on February 20th that a financial magazine published an article titled "When Will Central Banks Stop Hoarding Gold?", pointing out that while the Federal Reserve is committed to maintaining stable interest rates, the Trump administration is pushing for rate cuts, making the global interest rate and inflation situation still uncertain. The latest data from the World Gold Council shows that central banks' total foreign exchange reserves are approximately $13 trillion, and their official gold holdings are 36,000 tons. Based on the current gold price of $5,500 per ounce, the value of central bank gold holdings is approximately $6.37 trillion. According to research by Deutsche Bank, when the gold price reaches $5,790 per ounce, central bank gold reserves will exceed their dollar reserves, at which point gold will become the world's "primary" reserve asset.

Huoxun Finance reported on February 20th that, according to CoinDesk, Bitcoin mining difficulty has increased to 144.4T, a 15% increase, marking the largest percentage rise since 2021. Prior to this adjustment, mining difficulty had decreased by 12% due to miners scaling back operations caused by winter storms in the US. Currently, the Bitcoin network hashrate has rebounded to 1 ZH/s, while the Bitcoin price has recovered to around $67,000. Although the hash rate is at a multi-decade low of 23.9 PH/s, limiting miners' profit margins, large operators with low-cost energy are still actively mining. Among them, mining operations in the United Arab Emirates hold approximately $344 million in unrealized profits. Furthermore, some listed mining companies are shifting their energy and computing power towards AI and high-performance computing data centers. For example, Bitfarms (BITF) has announced a name change to downplay its Bitcoin identity and increase its focus on AI infrastructure, and activist investor Starboard has urged Riot Platforms (RIOT) to further expand its AI data center business.

According to Gate data, spot gold has climbed above $5,040 per ounce, up 0.88% on the day. Spot silver broke through $81 per ounce, reaching a new high since February 12, up 3.23% on the day.

Huoxun Finance News, February 20th - According to official news, Binance Alpha will conduct an airdrop today at 18:00 (UTC+8). Users with at least 251 Alpha points can claim tokens on a first-come, first-served basis until the airdrop pool is exhausted or the airdrop event ends. More details will be announced soon.

According to Odaily Planet Daily, Bitcoin mining difficulty has increased by 15% to 144.4T, marking the largest increase since 2021. Prior to this adjustment, mining difficulty had decreased by 12%. Currently, the Bitcoin network hashrate has recovered from a low of 826 EH/s to 1 ZH/s, while hashprice, a measure of miners' daily revenue per unit of hashrate, remains at a multi-year low of approximately $23.9/PH/s. In terms of price, Bitcoin's price fell from an all-time high of approximately $126,500 to $60,000, but has since recovered to approximately $67,000. Furthermore, some listed mining companies are shifting resources towards the AI field. Bitfarms (BITF) recently announced a rebranding to increase its focus on AI infrastructure. Meanwhile, activist investor Starboard is urging Riot Platforms (RIOT) to further expand its AI data center business.