Forgot to say, what's good for memes is good for bitcoin.😆
According to Bernstein's latest report, Trump's launch of the meme cryptocurrency TRUMP marks the arrival of a new era of cryptocurrency regulation, and the US government may begin to view cryptocurrency technology as a tool for directly engaging with the public. The report states that this is a significant positive for the US cryptocurrency industry, which has experienced regulatory crackdown under the Biden administration, sending a signal that "tokens can be boldly built and issued in the US".
The main large order is displayed on the K line in the form of a horizontal line, the thicker the line means the larger the pending order amount, and the longer the line represents the longer the pending order time
Click on the link to enter the live stream: https://meeting.tencent.com/p/6766256335 Hello everyone, I am Tony the Elder. I will be live streaming for everyone at exactly 7 pm tonight. I haven't placed any orders in the past few days since 105000 on Bitcoin. I have opened a long-term short position but haven't moved. I haven't made any short-term fluctuations in these days until I hit the market this morning before being eliminated, In the past two days, the news has had a significant impact on the market. Yesterday, Trump's cryptocurrency directly rose to the top 20 in cryptocurrency market value, and he also said on Weibo not to chase after it high. At present, at the 4-hour level, Bitcoin has once again touched the 106000 level. The 4-hour closing line turned positive and directly hit more than 7000 points, and a 4-hour top signal appeared again. It is recommended to continue to focus on the high level near 111800 during the day. Ethereum has been riding a roller coaster these past few days, with the main players changing chips and selling Ethereum for SOL. It wasn't until last night when Ethereum was once again bought by capital that Ethereum needs to continue to wash its market, otherwise it won't be easy to take off now. Ether suggests reducing operations recently. Bitcoin pending order: Short selling near 109800, stop loss at 11100, target 101088 Tonight's live broadcast will bring you real-time short-term orders, including the layout of mainstream Ethereum knockoff market in the future. Weibo account: Old Tony ccc Assistant WeChat ID: ETH229922 QQ group number: eight hundred and ten million seven hundred and ninety-four thousand and ninety-five Meeting number: 676-625-6335 Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent AICoin's position or viewpoint 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.
The introduction of President-elect Donald Trump's TRUMP memecoin is a paradigm shift in the way the U.S. and the rest of the world approaches crypto, broker Bernstein said in a research report Monday."It signifies a new regulatory era, where governments see crypto as a technology to reach out to the masses directly," analysts led by Gautam Chhugani said.Trump's official memecoin debuted on Saturday on the Solana blockchain. It rose to a fully diluted market cap of about $73 billion, making it one of the most successful token launches ever. It tanked almost 40% on Sunday when his wife Melania launched her own memecoin, MELANIA.A token launch by the president-elect is a big signal to crypto builders in the U.S., especially given the crackdown on the industry by the Biden administration, Bernstein said.It says "build away in the U.S., and don't be shy of launching tokens - a new crypto regulatory era is here," the authors wrote.Still, the market may want more information on the utilization of the 80% of the TRUMP supply that is held by CIC Digital, an entity that is 100% owned by Donald Trump Revocable Trust.A memecoin that capitalizes on Trump's brand and politics has "potential longevity," but will depend on the token design to "make it less extractive due to 80% insider supply," the report added.The TRUMP token will be listed on major crypto exchanges including Coinbase and Binance, according to announcements from the companies.Coinbase, Binance Plan to List Donald Trump's Official TRUMP Token After Its Phenomenal Debut
Odaily Planet Daily News: According to data from the Hong Kong Stock Exchange, all three Bitcoin spot ETFs in Hong Kong hit historical highs today. Among them, the Bitcoin ETF (3042. HK) under Huaxia Fund, which is managed by OSL, reached a high of HKD 13.51, surpassing the historical high of HKD 13.3 on December 17th; The Bitcoin ETF (3439. HK) under Jiashi International reached a high of HKD 13.55, surpassing the historical high of HKD 13.48 on December 17th. In addition, OSL collaborated with Huaxia Fund and Jiashi International to launch Huaxia Fund's Bitcoin ET (3042. HK) and Jiashi International's Bitcoin ETF (3439. HK), with a daily trading volume of HKD 150 million, accounting for approximately 92%.