OKB falls below the $50 mark

According to Coindesk, Amber International Holding (AMBR), a subsidiary of Amber Group, has announced that it has raised $25.5 million through private equity financing. The proceeds from the private placement will be strategically used to enhance Amber International's $100 million cryptocurrency reserve plan, which aims to support long-term ecosystem integration and product innovation. Since the announcement of this strategy earlier this year, the reserve has been allocated to major digital assets such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), and is continuously allocated to Binance (BNB), Ripple (XRP), and Sui (SUI). The issuance price for this additional issue is $10.45 per share, a 5% discount from the company's three-day volume weighted average trading price, and has attracted investors such as Pantera Capital, CMAG Funds, and Kingkey Financial International to participate. This private placement offers 12200915 Class A common shares, equivalent to 2440183 American Depositary Receipts (ADS).

1. The non farm payroll in the United States increased by 147000 in June, higher than expected 2. The probability of the Federal Reserve cutting interest rates by 50 basis points in September is 21.8% 3. Cryptocurrency tax proposal not included in Trump's budget bill is being implemented separately 4. Ondo Finance and Pantera Capital plan to invest $250 million to promote RWA tokenization 5. BlackRock's IBIT ETF ranks third in revenue ranking 6. Robinhood's Bitstamp officially enters the Asia Pacific market with Singapore MAS license 7. Abu Dhabi Stock Exchange promotes the first bond tokenization in the Middle East 8. Chile uncovers transnational criminal network using cryptocurrency for money laundering The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/470233

According to local media reports cited by Cyptoslate, two large Russian insurance companies, Renaissance Life and BCS Life Insurance, have launched investment type life insurance policies (ILIPs) linked to Bitcoin. These innovative policies allow investors to invest in BlackRock's iShares Bitcoin Trust (IBIT), which is the largest Bitcoin ETF by asset management size. These ILIPs are designed for high net worth individuals who wish to profit from Bitcoin price fluctuations without directly holding Bitcoin.

BlockBeats News: On July 4th, the Republican leadership in the US House of Representatives announced plans to review three important digital currency related bills during the week of July 14th. include: ·GENIUS stablecoin bill (Senate approved version) · Digital Asset Market Clarity Act · Proposal to restrict the Federal Reserve from issuing central bank digital currencies It is worth noting that although the House of Representatives has previously drafted its own stablecoin bill (STANLE bill), in order to accelerate the legislative process, it will prioritize the review of the GENIUS bill version that has already been passed by the Senate. The Digital Asset Market Clarity Act will clarify the regulatory responsibilities of the SEC and CFTC for cryptocurrencies and strengthen requirements for investor protection.

Member indicators show that the current ETH price is above the strong support zone of 2438-2441, but trading volume continues to shrink, with a daily volume decline of 14% over the past 20 days, indicating a strong wait-and-see sentiment in the market. According to the chip distribution data, there were nearly 200000 huge transactions in the support area, with buying accounting for 66.4%, indicating a high probability of effective support. Technical verification signals show that although MACD has a dead cross, EMA24 and EMA52 maintain a bullish position, and the medium to long term trend remains positive. Based on the bottom split and the rising star pattern, it is expected that the price will rebound after reaching support. Open membership immediately, accurately grasp the support pressure level, and stay ahead to gain insight into the main trends! The data is sourced from the PRO member's [ETH/USDT Binance 90 minute] K-line, for reference only, and does not constitute any investment advice.