ETH breaks through the $3100 mark

[SC Ventures, a subsidiary of Standard Chartered Bank, plans to raise $250 million for its new digital assets fund] According to Bloomberg, SC Ventures, the venture capital arm of Standard Chartered Plc, is planning to raise funds for a $250 million fund focused on investing in digital assets within the financial services sector. Gautam Jain, an operating partner at SC Ventures, stated on Monday during the inaugural Money 20/20 fintech event in Riyadh that the fund is scheduled to launch next year, with backing from some Middle Eastern investors and a global investment outlook. Jain mentioned that the division also plans to launch a $100 million Africa-focused investment fund and is considering introducing its first venture debt fund, though he did not specify whether these funds would also focus on digital assets or fintech. Jain further noted that the division is increasing its investment in the Middle East this year, having launched operations in Saudi Arabia in January. Its strategy involves forming a team dedicated to the Saudi market and launching a domestic fund in 2026, which will focus on minority equity investments in companies and new business development.

1. Trump calls for Powell to significantly cut interest rates, urging unexpected action 2. US lawmakers and crypto executives push for strategic Bitcoin reserve legislation 3. PayPal integrates cryptocurrency into the peer-to-peer payment process 4. The expectation of the Federal Reserve cutting interest rates has heated up, and the market has digested a probability of 25 basis points 5. SEC and Gemini reach preliminary settlement on cryptocurrency lending lawsuit 6. Next Technology submits $500 million stock registration, plans to increase holdings of Bitcoin 7. Strategy has once again increased its holdings of 525 bitcoins, bringing its total holdings to 639000 8. France may ban non domestic licensed cryptocurrency companies from operating The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/486706

Bitget ENA/USDT's perpetual trading volume surged fivefold within 10 minutes, with a turnover of $146 million in the past 24 hours, a decrease of 5.34% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Bitget contracts ranks fourth globally

The current BTC price is hovering in the strong resistance range of 115808-115944, with a trading volume of 4.38% in this area, which is a key position for the recent intensive turnover of main funds. According to member indicators, the KDJ golden cross has weak upward momentum, and the RSI has fallen below the 50 line, indicating insufficient short-term upward movement or a return to support. The 4-hour cycle K-line shows a top split pattern, with trading volume shrinking to the recent average of 48.13%, and market buying interest plummeting, suggesting that prices may test the 115200 support. If it falls below, it will further explore the low point of 114384. Unlock the membership function, accurately capture the main trends, and seize key trading opportunities! The data is sourced from the PRO member's [BTC/USDT Binance 4-hour] candlestick chart, for reference only, and does not constitute any investment advice.

The current price of ETH is $4525.27, with a drop of 1.96% in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 24 hours was 289 million US dollars, with the main liquidation being multiple orders and ETH liquidation being 67.1 million US dollars (23.14%). The data is for reference only.