ETH breaks through the $1800 mark

On May 7th, according to official sources, the Kingdom of Bhutan has partnered with Binance Pay and DK Bank to launch the world's first national level encrypted travel payment system. This innovative initiative enables travelers with Binance accounts to use digital assets to pay for almost every aspect of their trip to Bhutan, including airfare, visa fees, hotel accommodations, attraction tickets, tour guide services, and even fresh fruits from roadside stalls. With the promotion of DK Bank and Binance Pay, more than 100 local merchants have joined the system.

According to AiCoin monitoring, the net outflow of US spot BTC ETF reached $85.7 million yesterday, the highest daily net outflow since April 17th. Among them, GBTC had the largest outflow of funds, reaching 89.9 million US dollars; Next is ARKB, with an outflow amount of 16.1 million US dollars. According to the "Spot BTC ETF Tracking" real-time trading strategy developed by AiCoin, there is a significant positive correlation between the inflow of ETF funds and BTC prices. Subscription indicators can be used to automatically place orders based on the flow of funds in the program. Data for reference only

The current ETH price is above the EMA24/52 moving average, showing an overall upward trend, but the distribution of chips indicates a sparse price range, suggesting an increased probability of breakthrough. The recent support and resistance levels are both around 1800, less than 0.15% from the current price, indicating intense long short competition. Member exclusive chip distribution indicators, accurately positioning support resistance, helping you plan ahead to break through the market. The K-line pattern shows a sign of pregnancy reversal, coupled with the strengthening of MACD momentum, and the price may continue to rise after stabilizing at the support level. By combining the distribution of chips and grasping the direction of breakthroughs, the winning rate is higher. Open membership, unlock chip distribution, seize the opportunity! The data is sourced from the PRO member's [ETH/USDT Binance USDT perpetual 2-hour] candlestick, for reference only, and does not constitute any investment advice.

On May 7th, according to Onchain Lens monitoring, a whale proposed 2520.5 ETH (approximately 4.52 million US dollars) from OKX and pledged it to Kiln. In the past year, the whale has pledged a total of 9918 ETH (approximately $22.58 million), earning a profit of 105.5 ETH, but facing a loss of approximately $4.26 million.

According to PRNewswire, DeFi Technologies has released financial data as of April 30, 2025, revealing that due to the rise in digital asset prices, the asset management scale of its digital asset ETP issuing company Valour has risen to 988 million Canadian dollars (approximately 715 million US dollars). Except for adjustments in its holdings of Shanzhai Coin, there have been no changes in its holdings of major digital assets, including: 208.8 BTC (19459046 USD), 121 ETH (213761 USD), 14375 SOL (2156573 USD), 433.322 AVAX (9701160 USD), 1822703 CORE (1199885 USD), 1.286.683 ADA (944039 USD), 490.5 UNI (2886 USD).