Yesterday's grayscale ETHE net outflow was 31.1 million US dollars
BlockBeats reported that on April 3rd, according to Farside monitoring, there was a net outflow of $31.1 million from Grayscale ETHE yesterday.
U.S. Securities and Exchange Commission acknowledged Fidelity’s application for a spot Solana ETF, an incremental step that edges the product closer to approval.Solana, the seventh-largest cryptocurrency by market cap, fell 15% amid a broad market decline amid fallout from President Donald Trump’s tariffs.
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According to BlockBeats, on April 4th, according to Finncefeeds, Kim Sung jin, head of the virtual assets department at the Financial Services Commission (FSC) in South Korea, expressed support for allowing foreign investors to enter the cryptocurrency market in South Korea, provided that local exchanges demonstrate strong anti money laundering compliance capabilities. Currently, due to capital controls and real name account requirements, non residents are almost unable to trade cryptocurrency assets in South Korea. But as the United States sends signals of more friendly encryption policies under the leadership of the Trump administration, South Korean regulators are starting to reassess existing restrictions. FSC still maintains a cautious attitude and believes that the Korean exchange still has shortcomings in international compliance, especially in the implementation of Travel Rules. Starting from 2022, this rule requires exchanges to collect and store information on trading parties exceeding 1 million Korean won (approximately $680), and some platforms have recently lowered the applicable threshold.
Using blockchain technology to support real-world infrastructure, DePIN creates tangible value and generates real revenue, says Fluence Network’s Tom Trowbridge.
Data from the past 12 hours shows that the main net inflow was $89.15 million, with a buy order turnover of $264 million, significantly higher than the sell order turnover of $174 million. Although the 2-hour cycle K-line forms a bearish pattern with black three soldiers, the main force continues to make large purchases, especially supportive buying at key prices such as $83000 and $82600, indicating that the market bottom is being tested and consolidated. Although the current price is below the EMA24/52 moving average, showing short-term weakness, the behavior of major single orders suggests a potential rebound. Through the main large order tracking function, real-time capture of large fund dynamics can be achieved, and market turning points can be locked in advance. Open a membership, grasp the main trends, and seize the opportunity! The data is sourced from the PRO member's [BTC/USDT Binance 2-hour] candlestick, for reference only, and does not constitute any investment advice.