[Interchain Foundation to Transfer ATOM Tokens to CL Wallet for Operations] Cosmos ecosystem foundation Interchain Foundation (ICF) announced that it will transfer ATOM tokens from its main multi-signature wallet to the CL wallet to support the operational needs of CL as a subsidiary of ICF.
Click on the link to enter the meeting: https://meeting.tencent.com/p/7346281523 On the first day of December, the cryptocurrency market experienced a "black market", with mainstream currencies such as Bitcoin and Ethereum experiencing a decline of over 5% in the past three hours. One morning, Chinese regulatory authorities issued another document to crack down on virtual currency trading; It is rumored that Powell has resigned again; The Bank of Japan has also issued a signal to raise interest rates. After various negative news was announced, Bitcoin, Ethereum, and others quickly fell. At present, there is no sign of a rebound in the 4-hour candlestick chart. It is still recommended to focus on the high level during the day and may directly test the previous location. This market should be treated calmly and not let yourself get high. If the previous low level breaks, this market will continue to accelerate its decline. Tonight at 7 o'clock, Tony will meet you in the Tencent Meeting video live broadcast room. Bat fan group: 17847532 Weibo account: Old Tony-A Tencent Meeting Live Number: 7346281523 Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.
[Kazakhstan Central Bank Plans to Use Gold and Foreign Exchange Reserves to Invest in Crypto Assets] The Kazakhstan Central Bank plans to allocate up to $300 million from its gold and foreign exchange reserves for investment in crypto assets. Central Bank official Timur Suleimenov stated on November 28 that the actual investment amount may be limited to between $50 million and $250 million, depending on market conditions. He noted that the current downturn in the crypto market and the reassessment of monetization and profitability prospects mean that investment decisions will remain cautious. The funds will come from the Central Bank's reserves, not the national fund, and an investment portfolio has already been established for high-tech stocks and tools related to digital financial assets. Suleimenov emphasized that the Central Bank will not rush into investments until suitable opportunities are identified.
In the past 12 hours, the main force's large order buying turnover reached $420 million, far exceeding the large order selling turnover of $50.75 million. The main force's net inflow was as high as $370 million, with a buy sell ratio of 8.28:1, showing a strong willingness to go long. Especially around $90999 and $90380, the main players have continuously made large purchases, showing clear signs of attracting funds. The current 2-hour cycle K-line has closed with a cross star, combined with KDJ golden cross signal and RSI oversold rebound signs, indicating a short-term reversal window. Combined with the downward suppression of the EMA double moving average, the main behavior will become a key breakthrough variable. Open membership, track real-time updates of major orders, and accurately capture signals of market changes! 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.
[QCP: BTC Drops Below $86,000 Due to Weak Asian Macro Sentiment and Market Panic] QCP Capital analysis indicates that Bitcoin's price plunged from $91,000 to $86,000, primarily influenced by two factors: first, the rising expectations of interest rate hikes by the Bank of Japan and the decline in China's non-manufacturing PMI, which pressured Asian macro sentiment; second, comments from Strategy CEO about potentially selling Bitcoin if stock prices fall below net asset value (NAV) and financing dries up, triggering market panic. Despite the end of quantitative tightening (QT), the probability of a rate cut in December rising to 87%, and net inflows into ETFs, Bitcoin's 15% rebound followed by this pullback is seen as a normal adjustment. The key now lies in whether it can hold the previous low point.
[Interchain Foundation to Transfer ATOM Tokens to CL Wallet for Operations] Cosmos ecosystem foundation Interchain Foundation (ICF) announced that it will transfer ATOM tokens from its main multi-signature wallet to the CL wallet to support the operational needs of CL as a subsidiary of ICF.