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12:18
BHP signs letter of intent with Faraday Copper
Gelonghui, February 20th | BHP has signed a letter of intent with Faraday Copper to explore ways to unlock the development potential of the US Copper Basin. BHP Group will acquire a 30% equity interest in Faraday and will enjoy corresponding shareholder and marketing rights.
12:11
Analysis: Bitcoin's outlook depends on market sentiment, with a fair value of around $75,000
BlockBeats News, February 20, UniCredit strategist Thomas Strobel stated that the recent decline in bitcoin mainly reflects weak market sentiment and macroeconomic pressures, even though concerns over US regulation have eased and policy risks have decreased. The bank currently maintains a neutral stance and estimates bitcoin's fair value to be around $75,000. If the price drops about 35% below this level, especially if it remains below $50,000, it could indicate deeper structural changes. For a rebound to occur, there may need to be an improvement in market sentiment, increased ETF inflows, and a better liquidity environment.
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