According to Arkham data, the UAE, through its Bitcoin mining operations with partner Citadel, has accumulated approximately $453.6 million worth of Bitcoin to date. On-chain records show that its most recent outflow of funds occurred approximately four months ago, with most of the mined Bitcoin still held. Data shows that after deducting energy and other related costs, the UAE's current Bitcoin holdings have a floating profit of approximately $344 million.

Huoxun Finance News, February 19th - According to Decrypt, Federal Reserve researchers stated in a working paper that macroeconomic forecasting markets can provide policymakers with real-time, market-based measures of inflation and interest rate expectations. The study found that these models highly match and even exceed traditional benchmark forecasts, while providing continuously updated probability distributions around key data releases and policy meetings. The authors noted that forecasting markets can serve as a valuable complement to existing forecasting tools in research and policy settings. By providing transparent, continuously updated, and economically interpretable measures of expectations, forecasting markets can open new avenues for studying monetary policy transmission, market sentiment, and macroeconomic uncertainty. Meanwhile, state regulators are increasing scrutiny of forecasting markets. A ruling by the Ninth Circuit Court of Appeals on Tuesday cleared the way for Nevada to pursue civil enforcement. A request to suspend Nevada's enforcement action against federally regulated forecasting markets was denied, allowing the state to proceed while a broader legal battle continues. This decision has intensified the debate over whether such markets should fall under federal goods law or the state's gambling regime. Sources familiar with the matter revealed that while the ruling allows Nevada to proceed with its enforcement case, it is only a provisional decision and does not address the substantive issues of the appeal. Seeking Supreme Court review would require a full appeal to be resolved in the Ninth Circuit. Currently, federal regulators have previously challenged the scope of certain event trading contracts, and several states argue that some prediction markets resemble unlicensed gambling operations, initiating cease and desist orders and enforcement lawsuits.

Huoxun Finance reported on February 19th that Arkham, an on-chain data platform, published an article on its X platform stating that Bitcoin treasury company Strategy has purchased approximately $54.52 billion worth of Bitcoin over the past five and a half years, with an average purchase price of approximately $76,027. Based on current prices, Bitcoin is now trading at approximately 12.4% below its average holding cost, corresponding to an unrealized paper loss of approximately $6.7 billion. Market analysts believe that Michael Saylor's long-term adherence to a dollar-cost averaging strategy, along with his holding costs and floating profits and losses, are often considered important indicators for institutional Bitcoin allocation.

According to a report by crypto journalist Eleanor Terrett on the X platform on February 19, the White House plans to hold its third stablecoin yield meeting at 9:00 AM Eastern Time tomorrow (10:00 PM Beijing Time), and a small group of people representing cryptocurrencies and banks is expected to attend.

Huoxun Finance reported on February 19th that, according to CoinDesk, market focus has shifted to Trump's latest statements on trade and tariffs. In a post on TruthSocial, he stated that the US trade deficit has "reduced by 78%" due to tariffs imposed on other countries and companies, and indicated that the US is expected to achieve its first trade surplus in decades this year. This may have influenced Bitcoin's volatile trading on Thursday, rebounding to around $67,000 after briefly falling to approximately $65,900. Analysts believe that escalating tariff expectations could affect the inflation path and reinforce market pricing in higher and longer interest rates. In this scenario, the US dollar typically strengthens, putting pressure on risk assets, and crypto assets like Bitcoin are also susceptible to changes in liquidity and interest rate expectations. Market opinion suggests that if the tariff narrative is further strengthened, driving a stronger dollar and tighter financial conditions, Bitcoin's rebound momentum may be unsustainable. If these statements fade into political noise, the crypto market may refocus on fund flows, leverage, and key technical levels.