Coinbase旗下封装比特币cbBTC市值突破63亿美元，流通供应量达53,822枚

Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/9850662513 In the ever-changing landscape of cryptocurrency, the market trend of Ethereum has always been highly anticipated. Focusing on the ETH market for nearly 5 hours, its prices fluctuate like waves, containing rich market information. According to data from Binance, the price of ETH has experienced ups and downs during these 5 hours. In the initial stage, the price showed a stable upward trend, reaching a peak of around $3800, which seemed to sound the horn of a new round of upward trend. This upward trend may be attributed to the market's continued optimism towards the development of the Ethereum ecosystem. Many institutions are laying out their plans in the Ethereum related field, such as some fintech companies increasing their research and development investment in the application of Ethereum blockchain technology, attracting a large amount of capital inflows and driving up prices. However, the market has not always been on an upward trajectory. Subsequently, the price quickly turned downwards, hitting a low of around $3600, forming a clear correction. This correction may be due to the concentrated selling of previous profit orders. When the price rises to a certain height, some investors choose to settle for safety and a large number of sell orders flood the market, breaking the original supply-demand balance and causing downward pressure on prices. From the perspective of trading volume, it is closely related to price fluctuations. In the stage of price increase, the trading volume synchronously amplifies, indicating that market participants are enthusiastic and a large amount of funds actively enter to drive prices. During the price correction, the trading volume remains at a relatively high level, reflecting the serious divergence between long and short sides in this price range, and the intense game between buyers and sellers. In terms of technical indicators, the MACD indicator bar chart has gradually shortened from positive in the past 5 hours, indicating that the bullish power in the market is weakening and the upward momentum will be weak in the future. The relative strength index RSI has gradually fallen from the overbought area, further indicating that the market may face adjustment pressure in the short term. Taking into account the ETH market situation over the past 5 hours, there has been a fierce long short game in the market, with significant price fluctuations. In this uncertain market environment, investors need to closely monitor changes in market news, such as the progress of Ethereum network upgrades, regulatory policy dynamics, etc. At the same time, combined with technical indicator analysis, make cautious investment decisions, reasonably control positions, and prevent potential risks. Operation suggestion: BTC 117800 long. First target: 118600. Second target: 119500; ETH 3600 long, first target 3660, second target 3730. Join the language community communication group to obtain more services 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system- 4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land! Every day, there are teachers in the group who provide precise positioning to answer questions and offer free guidance. Tencent Meeting Live: 985-066-2513 DingTalk Group Number: 120320009032 Every day, there are teachers in the group who arrange precise positioning to answer questions and provide free guidance 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 Eleanor Terrett, after the Senate Agriculture Committee removed CFTC Chairman nominee Brian Quintenz and another nominee from the voting list yesterday, committee members are working to reschedule the voting time. A staff member stated that they are seeking to gather all 12 Republican members to push Quintenz's nomination into a full Senate vote.

On chain data shows that at 21:18 Beijing time, two Bitcoin Trust addresses under Grayscale transferred 235.99 and 78.66 BTC respectively to Coinbase Prime, totaling 314.65 BTC, which is equivalent to approximately $37.57 million at current prices.

Odaily Planet Daily News: Michael Saylor, founder and CEO of Strategy, disclosed in an article on X platform that MSTR has generated a book profit of 93191 bitcoins so far this year, worth approximately $11.1 billion. In the first three weeks of July alone, the company achieved a book profit of 5668 bitcoins worth $676 million.

According to Eleanor Terrett, members of the Senate Banking Committee, including Tim Scott, Lummis, Hagerty, and Moreno, have jointly released a highly anticipated market structure discussion draft. The draft has been postponed for release due to House affairs, covering issues such as token classification, regulatory fragmentation, banking, information disclosure, and illegal finance. It will be further improved based on the CLARITY bill passed by the House of Representatives and the Lumes Gillibrand proposal. Senators also publicly solicited opinions on 35 issues including SEC/CFTC regulatory authority, stablecoins, custody, investor protection, DeFi exemptions, and "pig killing" scams.