LTC drops to $79.4, hitting a three-month low

BlockBeats news, on April 8th, Bernstein stated that Bitcoin has fallen 26% in the recent market turmoil, which is considered moderate compared to past crashes of 50-70% and shows stronger demand. Market tariffs have caused harm to cryptocurrency miners, but alternative solutions and opportunities for artificial intelligence in the United States provide support. Bitcoin still fluctuates like technology stocks, not gold, but as a liquid risk asset when the market closes. In the long run, it is a more volatile and liquid version of gold (with a market value of approximately $2 trillion, compared to $20 trillion for gold). Institutional adoption through ETFs and corporate treasuries (accounting for 10% of supply) makes Bitcoin more stable. Despite a 15% decline so far this year, the inflow of ETF funds remains positive. Selling pressure mainly comes from short-term traders, while miners maintain strong performance through artificial intelligence trading and low debt.

Click on the link to enter the live stream: https://meeting.tencent.com/p/5658778060 Yesterday, there seemed to be a big mistake in the market. With the world market also experiencing a V-shaped reversal. Some people are just funny. When he sees that your title hasn't heard your content yet, he will completely negate you. I want to hit you in the face. But unfortunately, Lao Guan was not slapped in the face yesterday. After experiencing yesterday's fluctuations, we are even more convinced that all aspects of news in this market are meant to serve experts. There is no such thing as news affecting the market. We will discuss the details of today's market during the live broadcast later, and the main topic of today's market will return to the title. If success is a two-step process, then we have already taken the first step, which is the absolute structure of the daily line level that we discussed yesterday. We are currently in the process of building, and the first successful step is a 4-hour level bottom structure, which has already been established. So according to the current technological form, we are more inclined to use dual currencies in the short term, with a focus on buying long at low prices. And wait for the establishment of the bottom structure at the daily level to make a one month long bullish expectation. In the next two days, we will patiently observe the changes in the signal. Before the signal changes appear, we will operate more with a short-term mindset. If the market shows the corresponding structure according to our plan before Wednesday, then my friends, let me sincerely say this. The big one is coming! So according to our agreement, I hope everyone can come to my live broadcast room on Wednesday and Tuesday. Tencent Meeting: 5658778060 QQ group: 701829134 Aicoin group: https://aicoin.com/link/chat?cid=2ARLLeaoM Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin 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.

Odaily Planet Daily News: Ripple acquires cryptocurrency friendly broker Hidden Road for $1.25 billion.

According to BlockBeats, on April 8th, according to the monitoring of blockchain analysis company BubbleMaps, the Meme coin MELANIA worth over $30 million has been transferred and is being "quietly sold", and the team has not provided any explanation. A total of 50 million MELANIA tokens (approximately $30 million) were transferred from community funds to wallet Cq2Tj6, and then dispersed to multiple addresses: Opened two new $6 million positions More than 3 million US dollars have been sent to the trading platform A token worth $500000 has been sold. No one in the MELANIA team has responded to this. There is no explanation for the transfer of funds. There is no explanation for the selling behavior. BubbleMaps reminds that the MELANIA team wallet holds 92% of the supply.

According to on chain analyst @ ai_9684xtpa monitoring, "56995 ETH on the brink of liquidation whale" has repaid again, and the liquidation price has now been lowered to $1269.67. In the past 2 hours, he has sold 5324.29 ETH to repay the loan of 8.268 million DAIs, and currently has mortgaged 43694.35 ETH to lend 32.63 million DAIs.