FARTCOIN fluctuated, rising 7.27% in 24H
OKX - FARTCOIN is currently priced at $1.04, with a 24-hour increase of 7.27%. 24-hour transaction volume of 1.1 billion US dollars, a decrease of 0.35%, for reference only
OKX - FARTCOIN is currently priced at $1.04, with a 24-hour increase of 7.27%. 24-hour transaction volume of 1.1 billion US dollars, a decrease of 0.35%, for reference only
Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/5551765098 The high position of the pancake around 107000 has been sideways for several days, and it has been washing away at a high level. The important support of 106800 has not been broken, and every time it is a feint. However, the daily high point is getting lower and lower, and currently only one bearish candlestick is needed to break through 106800. Then complete the transformation of the life and death line. The trading volume has been significantly high and continuously decreasing, without the support of trading volume, this market cannot rise for long. We can patiently wait for the daily line to break through. Ethereum can also be considered a true daily break, with Bitcoin slightly stepping back and Ethereum directly releasing floodwaters. A few days ago, the highest point was around 2510, and then it quickly fell to the level of 2380. Follow up with the bottom neckline at 2250. If not broken. You can consider taking a long position at a low level. Currently, the Ethereum life and death line is around 2310, and the specific location can be notified during my live broadcast Weibo followers: Shen, Du Operation suggestion: Put Bitcoin 107800 to 8000 short. Defend 108500. Target 102000 QQ Fan Experience Group: 1018013659 DingTalk Fan Experience Group: 116320006956 Tencent Meeting Live Number: 5551765098 Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin 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.
According to on chain analyst Yu Jin's monitoring, BitMEX co-founder Arthur Hayes deposited 2.468 million ETFIs (worth approximately $2.21 million) into Binance in the past 5 hours, earning $1.02 million; Front foot milk, back foot sold&34; The move is not effective after repeated use.
According to PRNewswire, asset management company Calamos announced the launch of three Bitcoin exchange traded funds aimed at providing investors with downside protection exposure, namely: Calamos Bitcoin Structured Alt Protection ETF、Calamos Bitcoin 90 Series Structured Alt Protection ETF Along with the Calamos Bitcoin 80 Series Structured Alt Protection ETF, these three ETFs plan to invest in the US stock benchmark index and Bitcoin, and are expected to start trading on July 8th.
In the past 12 hours, BTC has shown a clear long trend in large transactions, with the main force buying $4.66 million and selling only $10.6 million, resulting in a net inflow of up to $3.6 million. Especially at 13:45, the main force bought with a large market price of $3 million, strongly pushing up the price, indicating that the bulls have full confidence. Combined with the flat bottomed support of the current K-line pattern and the enhanced upward momentum of MACD, further validate the short-term bullish signal. However, it should be noted that the trading volume continues to shrink and market activity decreases. Whether it can break through the key pressure level depends on the subsequent inflow of funds. Open membership, track key trends, and accurately grasp market turning points! 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.
According to 21st Century Business Herald, stablecoins are being "demystified" from four dimensions, and the analysis points out that stablecoins are a shadow of fiat currencies, not a currency revolution. Zou Chuanwei, Chief Economist of Wanxiang Blockchain, pointed out that the mainstream model of stablecoins has not created new currencies, but rather tokenizes bank deposits and invests reserve assets in low-risk assets such as US bonds. Essentially, it is a "blockchain translation" of the existing monetary system. Zhao Binghao, Dean of the Institute of Financial Science and Technology Rule of Law at China University of Political Science and Law, said that the stability of stablecoins depends on the issuer's reserve assets, and in extreme market environments, the value of stablecoins may even return to zero. The collapse of UST is a typical example. Secondly, stablecoins do not exist as currencies beyond sovereignty; Thirdly, the digestion effect of stablecoins on US bonds is relatively limited; Fourthly, the hedging function and investment attributes of stablecoins have not been fully validated.