RAY abnormal, up 9.62% in 24H

According to Cointelegraph, Russian Finance Ministry official Ivan Chebeskov revealed that despite the introduction of cryptocurrency mining regulations by the end of 2024, 70% of mining companies are still unregistered with the Federal Tax Service. The two mining laws implemented by the Russian government in October and November last year require companies to complete registration and clarify legal definitions, but compliance progress has been slow. Chebyskov stated that he will promote the legalization of the remaining mining companies, but did not disclose specific measures. Industry analysts pointed out that there are restrictive clauses in the current regulations, such as prohibiting foreign entities from mining in Russia and implementing restrictions in some regions, and the industry has not been truly legalized. Its main function is only to improve tax collection and management.

Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/9031749175 Hello everyone, I am Liyuan. I will be live streaming for everyone at exactly 7 pm tonight. Today, the key pressure level for Bitcoin is 105500, but 106100 is also a pressure level. It is best to break through 106100 in order for the market to strengthen. The hourly level pie will form a W double bottom. Below, we will continue to pay attention to the position of 103500. Breaking the level can chase short positions. At 2:00 am today, the Federal Reserve announced its interest rate decision, and the market expects interest rates in June and July to remain unchanged. The negative sentiment of not cutting interest rates has been released in advance. Bitcoin's hourly level initially fluctuated slightly upwards during the day, then began to fluctuate downwards in the afternoon. In the evening, there were small level violent fluctuations before and after the release of CPI data, followed by a continued decline. It started to rise at around 3am and fell after being suppressed by the 1-hour EMA52 line. The trading volume is about one-third less than the previous day, which is normal trading volume, and the price remains volatile. The price has fallen and rebounded near the daily EMA52 line, but this position has not formed a strong rebound after multiple retracements. Therefore, the support becomes increasingly weak, and the price is prone to fall below to find lower price support, which needs to be noted. Tonight's live broadcast will bring you real-time short-term orders, including the layout of mainstream Ethereum knockoff market in the future. QQ group number: 923794278 Meeting number: 9031749175 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.

BlockBeats News: On June 19th, Ethereum co-founder Vitalik posted on social media titled "Ethereum's Bull Market Argument: Global Reserve Assets for Digital Oil, Value Storage, and Digital Economy. The tweet was forwarded from relevant content previously released by Etherealize, an Ethereum ecosystem business expansion and marketing company, but Vitalik changed the image of "Ethereum Digital Oil" in the original tweet caption to the image of "Ethereum Bull".

The large transaction data in the past 12 hours shows that the main force bought $11.25 million and sold $5.94 million, with a net inflow of $5.3 million. The buy to sell ratio is 1.89:1, indicating a clear preference for long positions. Especially near key support levels, the main force has repeatedly attracted funds through large market purchases, such as large purchases in the range of $104862 to $104868, further consolidating short-term rebound momentum. The current 1-hour cycle candlestick shows a cross shaped pattern, with prices fluctuating between EMA24 and EMA52, but trading volume has significantly shrunk, and the market is in a hesitant phase. Combined with the indicator of large transactions, the main behavior has already revealed directional signals in advance. By opening a membership, you can obtain more accurate analysis of the main trend! The data is sourced from the PRO member's [BTC/USDT Binance 1-hour] candlestick, for reference only, and does not constitute any investment advice.

Billionaire and Galaxy founder and CEO Michael Novogratz stated in a Bloomberg TV interview on Wednesday that the milestone stablecoin legislation will attract more traditional financial institutions to enter the cryptocurrency market. He stated that when he founded Galaxy in 2017, he anticipated that institutions would eventually enter the market, and now this trend has emerged. Novogratz looks forward to the implementation of the stablecoin bill and hopes that there will be a market structure bill in the future to further promote the integration of traditional finance and cryptocurrency technology. In addition, he also revealed that in the future, he will see equity tokenization in both cryptocurrency and non cryptocurrency fields, and his company will collaborate with various parties to provide white label and customized solutions.