Meson Finance has reopened Sui Cross Chain Bridge

Click on the link to enter Tencent Meeting Live: https://meeting.tencent.com/p/9850662513 Good evening,everyone! I am your Da Bin teacher! $110000: The Key Battlefield of Long Short Battle Every key price point of Bitcoin has become particularly important. $110000 has become a key battlefield in the current market structure, with a large number of sell orders gathering around this price range. The orders for Binance perpetual contracts show that sell orders are significantly more than buy orders, and short positions are accumulating. Structurally, there is room for explosive upward movement, but a severe pullback may occur at any time. In depth analysis of market data can reveal more details. The 24-hour trading volume of Bitcoin surged by 34.67% to $66.9 billion, indicating a significant increase in market activity. More noteworthy is that the open interest contracts in the futures market increased by 11.18%, reaching a total of $79.84 billion, indicating that a large amount of funds are betting on the future trend of Bitcoin. However, a phenomenon worth noting is the participation of retail investors. When Bitcoin approached its historical high, the trading volume of retail investors accounted for only 3.2% of the total. This is in stark contrast to the 30% in December 2024. This difference may mean that the current rise is mainly driven by institutional funds, while individual investors are either holding their money and watching, or have already left. The probability of Bitcoin breaking through $110000 by the end of May is as high as 89%. The probability of reaching $115000 and $125000 by the end of May is 37% and 5%, respectively. As for the possibility of breaking through $150000 or $200000, the assessment given by previous traders is only around 1%, which reflects the market's cautious attitude towards higher prices. Although ETH's 2-hour cycle K-line shows prices above the EMA24 and EMA52 moving averages, showing an overall upward trend, the current trading volume is significantly lower than the 10 day average, and market activity has decreased significantly, suggesting that the upward momentum may be insufficient. It is worth noting that there have been no significant large market buy or sell orders recently, and the main funds have not yet made a clear statement, making the market direction uncertain. Combined with the top tier pattern and KDJ overbought signal, the short-term pullback risk has intensified. Enter the live broadcast room, track the main trend in real time, and seize the opportunity of unexpected changes! Take the lead in mastering the flow of main funds! Operation suggestion: BTC 108500 long first target to watch 109500 second target to watch 115000 ETH 2630 long first target to watch 2690 second target to watch 2730 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! Every day, there are teachers in the group who provide precise positioning to answer questions and offer free guidance. Tencent Meeting Live: 985-066-2513 DingTalk Group Number: 105935015698 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 Foresight News, Cetus Protocol stated that they have not yet received a response from hackers and urged them to seriously consider the previously proposed negotiation conditions. Meanwhile, with the support of Inca Digital and Sui Foundation, Cetus announced a reward of $5 million for collecting relevant information that can successfully identify and assist in the arrest of hackers, including names, locations, and conclusive evidence. Information can be sent via email to info@inca.digital The theme is marked as' Cetus lead '. Cetus added that if hackers choose to cooperate and accept the proposal, they will no longer be held legally responsible or offered a reward, and the reward amount will be paid at the discretion of the Sui Foundation.

According to the official blog of pledge service provider Figment, Commissioner Hester Peirce, head of the US Securities and Exchange Commission's (SEC) Cryptography Working Group, made it clear in a speech on May 19th that technical activities directly involved in Proof of Stake (PoS) and Delegated Proof of Stake (DPoS) systems are not subject to securities law jurisdiction. This is the first time a senior SEC official has made such a statement regarding pledge activities. Peirce pointed out that the SEC will issue further guidance to clarify which activities are not subject to securities laws, including technical services that assist in participating in consensus mechanisms. She admitted that the SEC's past enforcement and regulatory methods have failed to effectively prevent fraud and have instead caused confusion for compliant operators. This statement is seen as a positive signal of US institutions participating in pledge activities. Figment suggests that this will drive American institutions to adopt pledge services more widely.

According to Foresight News, according to Bitcoin Magazine, asset management company Bitwise predicts that by the end of 2026, countries and institutions worldwide will hold a total of 4.269 million bitcoins, with an estimated total value of $426.9 billion.

According to Betakit, Canadian stablecoin issuer Stablecorp has raised $1.8 million in funding, with investors including Coinbase Ventures and Side Door Ventures. The funds will be used to expand the infrastructure of the Canadian dollar stablecoin QCAD, including establishing on chain foreign exchange liquidity and integrating payment channels. The company announced that it will simultaneously carry out structural reforms of QCAD, including establishing an independent trust QCAD Digital Currency Trust to manage reserve assets, implementing daily market value reports, monthly reserve certificates, and annual audits. QCAD is currently operated as a joint venture between cryptocurrency asset management company 3iQ and blockchain developer Mavennet Systems. In 2022, it received a CAD 1.9 million investment from institutions such as Circle Ventures.