Over $288 million flowed out of the US spot BTC ETF market

Odaily Planet Daily News: Cryptocurrency analyst Ali stated in an article on X platform that the BTC buying and selling ratio on OKX has surged, and the increase in BTC buying volume may indicate an upward trend in BTC.

The current price of Binance BTC is $95068.29, with a 0.29% increase in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 24 hours was 112 million US dollars, with multiple main liquidation orders and BTC liquidation of 11.72 million US dollars (10.37%). The data is for reference only.

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The Blockchain Association and two other groups sued the IRS to challenge a recently-finalized rule that would require DeFi front-ends to report user data, including personal information and details of each trade, to the agency starting in 2027. The requirement would “push this entire, burgeoning technology offshore,” the advocacy group’s top lawyer said. The IRS argued in its final rule that tracking DeFi transactions would “benefit tax compliance by helping to close the information gap with respect to digital assets.” 

OKX-ETH/USDT is currently trading at $3401.70, with a 24-hour increase of 2.51%. Please be aware of market fluctuations.