Bybit will launch EPIC U-based perpetual contracts

Odaily Planet Daily News: Asset management company REX Financial has announced the launch of the Rex Bitcoin Corporate Convertible Bond ETF, primarily aimed at retail investors and investment advisors. It is a convertible bond issued by a company that supports the inclusion of Bitcoin in its financial strategy. （Businesswire）

Foresight News reported that according to Decrypt, John Khuu, a man from San Francisco, California, has been sentenced to 87 months in federal prison for using Bitcoin to launder proceeds from the sale of MDMA on the dark web. Khuu pleaded guilty to conspiracy to launder money and operate unlicensed remittance services. According to police investigations, Khuu imported MDMA from Germany and sold it in multiple dark web markets, receiving payments in Bitcoin and exchanging it for US dollars. He laundered his funds through hundreds of transactions and multiple financial accounts. Khuu is still facing drug smuggling charges in the Northern District of California, USA. This arrest operation is part of the "Operation Crypto Runner" jointly launched by the US Department of Justice (DOJ), Secret Service (AmericaS), and Postal Inspection Service (PIS), which has resulted in 21 arrests since 2022. The 2024 risk assessment by the US Treasury Department shows that the use of cryptocurrencies in drug money laundering is growing and showing an international trend.

According to official announcements, OKX completed the 27th OKB destruction on March 14th, with a total of 31158862 destroyed. Currently, OKB has destroyed a total of 171305654.15. The address of the black hole destroyed by OKB is: https://www.oklink.com/eth/address/0xff1ee8604f9ec9c3bb292633bb939321ae861b30

Click on the link to enter the live stream: https://meeting.tencent.com/p/5658778060 Daily level: 1. Within the moving average market, the bottom (descending) triangle continues to form. Based on the already flat trend of BBI, it can be judged that this week is basically over and there will not be too much volatility. Whether MA120 will open a downward pressure after leveling off has become the most important point of this week; 2. Within the Boll trend, there are signs of a halt in the decline today, but it has not yet entered a wide range oscillation. Therefore, it is necessary to stabilize the coin price again on Friday. If it exceeds 80000 yuan, it will enter a wide range on Saturday and Sunday, and then a real rebound will begin next week; As for the subsequent trend actions, we will first go through narrow range oscillation consolidation before proceeding; 3. Within the range of quantitative energy, VR's trend this week has constructed two short-term fundraising trends, and at the same time, a stop to the decline has arrived. Finally, the value stabilized around 56, which is relatively low. If it continues to decline, it needs to be repaired; The most direct result given by OBV now is that if we wait for a violent rebound in the next cycle, we must increase the OBV to the original horizontal range. Secondly, as the moving average begins to fall, we will inevitably choose the trend market again next week; Ultimately, this trend will lead to a violent pullback or another new low in the daily chart; 4. In the trend of potential energy, RSI and MFI have formed a relatively obvious double bottom divergence pattern, but they have not returned to above BBI in the past two days, so it is not valid for now. Tomorrow is the next working day of this week, and we will see the performance of the market; CCI's performance, although not hitting a new low again, is currently too far from the zero axis, so our current operation can only be treated as a rebound; 5. Within the current balanced trend, the sudden contraction of the cloud at the end of today from an expanding state tells us that there will be a turning point in the future, and it is most reasonable to place this turning point next week; Whether it can rise and rebound at the same time depends on whether BBI returns this week; Overall, the daily market trend needs to continue to fluctuate for the rest of this week, and the bottom pattern needs to be repaired; But next week we will face another choice of direction, and currently there is not much basis to judge, so we are waiting for this week's closing situation; Tencent Meeting: 5658778060 QQ group number: 701829134 AIcoin group: https://aicoin.com/link/chat?cid=2ARLLeaoM Disclaimers The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent AICoin's position or viewpoint and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AICoin, and the consequences shall be borne by oneself.

OKX has released the 27th OKB destruction data, with 31158862 OKBs destroyed. Currently, a total of 171305654.15 OKBs have been destroyed, with a current circulation of 159853208. After the data was released, OKB experienced a short-term rise, with a current price of 45.37 USDT. Note: Destruction period: December 1, 2024- February 28, 2025