Bitcoin's Price Surge to $104K Liquidates Nearly $400M in Bearish BTC Bets, Opening Doors to Further Gains
The rally followed a U.K. trade deal announcement and record ETF inflows exceeding $40 billion.
The rally followed a U.K. trade deal announcement and record ETF inflows exceeding $40 billion.
According to Globenewswire, healthcare provider SRx Health Solutions, Inc. (NYSE American: SRXH) announced a $1.5 million purchase of Solana tokens (SOL) to advance its asset diversification strategy. Previously, the company had planned to allocate no more than 10% of its cash flow and cash reserves to cryptocurrencies such as Bitcoin (BTC) and Solana (SOL), as well as physical gold and silver. The chairman of the company, Adesh Vora, stated that in addition to existing funds, the company will continue to increase the allocation of encrypted assets through asset sales, cooperation, and financing, and explore the introduction of encrypted reward programs in the pharmacy business. In addition, the company plans to establish a cryptocurrency lending subsidiary, intending to mortgage its Halo brand assets and future earnings, and accept cryptocurrency financing such as Solana and Bitcoin. This move aims to avoid dilution of equity and obtain operating funds, which will be used for Halo brand marketing. At present, the plan is still in the conceptual stage, and the company will further explore the implementation details with the cryptocurrency community.
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Click on the link to enter the live stream: https://meeting.tencent.com/p/9850662513 (Note: Tencent Meeting APP needs to be downloaded) Good evening everyone, I am your Da Bin teacher! On Wednesday, the data of BTC spot ETF began to return to net inflows, which is consistent with our expectations yesterday. The ETF market is actually no different from many ordinary investors, who are chasing after gains and killing losses. With the buying power of the market, investors' FOMO emotions begin to rise, and instead sell more and buy less when BTC prices fall. Of course, in the long run, BlackRock investors are more focused on long-term investment. When buying at the bottom, BlackRock investors sell the least and buy the most. However, during FOMO, BlackRock investors also buy the most. Besides BlackRock investors, other ETF institutions seem to have little psychological construction for investors. I actually seem to know how BlackRock's financial advisors stabilize investor sentiment during BTC downturns, and today BlackRock's investors have had a net inflow for the 16th day. In the past 12 hours, large transactions showed that the main force bought 94.71 million and sold 72.22 million, with a net inflow of 22.48 million, showing a clear long tendency. But the latest 2-hour cycle K-line has shown a peak pattern, and the KDJ indicator has entered the overbought area, suggesting that the rebound may be nearing its end. Although buying at large market prices is advantageous, one should be cautious of the risk of short-term profit taking. The current price remains stable above the EMA24 and EMA52 moving averages, with a strong medium to long-term trend. However, trading volume has shrunk to 48% of the average level, market interest has weakened, and prices may face downward pressure. Enter the live broadcast room to track large transactions, identify major market movements, and seize key turning signals! Operation suggestion: BTC 101000 long. First target is 102500. Second target is 103500 ETH 2080 in the first target view 2160, the second target view 2230 Join the language community communication group to obtain more services 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system 4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land! Tencent Meeting Live: 985-066-2513 DingTalk Group Number: 105935015698 Every day, there are teachers in the group who arrange precise positioning to answer questions and provide free guidance 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.
According to Decrypt, the latest report from cybersecurity firm Check Point Research (CPR) shows that the cryptocurrency theft malware Inferno Drainer, which claimed to have ceased operations in November 2023, is still active and has stolen over $9 million in the past six months. This malicious software has cumulatively attacked over 30000 encrypted wallets, mainly targeting Ethereum and BNB Chain users. Researchers have found that Inferno Drainer's smart contracts continue to operate after deployment in 2023, with the latest version adopting single use smart contracts and on chain encryption configurations, significantly improving concealment. Its command controls the server to perform obfuscation communication through a proxy system, making attacks more difficult to trace. Recently, this malicious software has been phishing by forging the verification interface of the well-known Discord robot Collab. Land, using "subtle visual differences" to induce users to sign malicious transactions. CPR warning, as genuine Collab. Land requires wallet signature verification, experienced users may also lower their vigilance. CPR recommends that users verify the authenticity of the platform before connecting their wallets.
At the opening of the US stock market, the Dow Jones Industrial Average rose 114 points, the Nasdaq rose 101 points, and the S&P 500 index rose 0.38%.