XRP Bounces Back as Bulls Defend Key Technical Support

According to The Block, the Argentine Anti Corruption Office (OA) stated that President Javier Milei acted in his personal capacity when promoting the Libra cryptocurrency (LIBRA) and did not violate the country's public ethics regulations. The survey report states that "promotional posts are not related to administrative actions, have not been allocated public resources, and have not received institutional support. They should be interpreted as personal or private communication behavior, and have not generated any form of official public policy direction. Javier Milei initially promoted the Libra cryptocurrency on his personal X account to support small businesses and startups in Argentina. But after the token's market value plummeted 90% from its peak of over $2 billion, he deleted the post. The scandal sparked by this has been dubbed by local media as the 'crypto gate', leading opposition politicians to call for the impeachment of Javier Milei and triggering lawsuits filed by lawyers representing loss making investors in the country. Javier Milei has requested the Argentine Audit Office (OA) to conduct an investigation to determine whether any members of the national government, including the President himself, have engaged in inappropriate behavior.

1. A survey by the Federal Reserve shows that 52% of Americans are unable to cope with emergency spending of $2000, as inflationary pressures continue to intensify 2. Elon Musk's removal of tweets about Trump's Epstein related files has attracted widespread attention 3. Deutsche Bank plans to issue its own cryptocurrency stablecoin, or drive innovation in traditional banking industry 4. US Vice President Vance calls for Musk's return to strengthen cooperation expectations 5. Heritage, a Nasdaq liquor company, announced its transformation into a cryptocurrency product company and accepts Bitcoin payments 6. AIDAv2 CEO invited to Morgan Stanley interview to explore opportunities for cooperation between DeFi and traditional finance 7. The Hong Kong Securities and Futures Commission has issued guidelines to prevent unauthorized transactions in customer accounts 8. Bitcoin core developer statement emphasizes user freedom of choice and maintains decentralized network The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/464349

The current price is around 2523, located at the upper edge of the strong support range of 2491-2523. Member indicators show that the buying proportion in this region reaches 95%, but the selling pressure at the resistance level of 2629 has sharply increased, forming a clear chip gap. Combined with the KDJ overbought signal, the risk of a pullback has increased. The 4-hour cycle K-line shows a top split pattern, with trading volume shrinking to 35.83% of the recent average, indicating insufficient upward momentum. EMA24 is below EMA52, and the bearish pattern confirms a downward trend. Unlock members, accurately grasp support resistance levels, and anticipate changes in inventory in advance! The data is sourced from the PRO member's [ETH/USDT Binance 4-hour] K-line, for reference only, and does not constitute any investment advice.

The OKX MASK/USDT perpetual funding rate is currently -1.02%, and bears need to pay funding fees to bulls, indicating a high bearish sentiment in the market. AiCoin [PC - Home - Popular Rankings] has launched the "Fund Rate" ranking, which provides a list of rate arbitrage opportunities. Capital fees are an important mechanism for anchoring spot prices in perpetual contracts, used to balance long and short sentiment. When the funding rate is greater than 0, long positions pay funding fees to short positions; When the funding rate is less than 0, short sellers pay funding fees to long sellers.

Bitcoin remains above $105K as Trump threatens Elon Musk in a high-profile feud, showing crypto's resilience amid political drama and rising market tension.