BlockBeats News: On May 31st, according to Cointelegraph, the reserve volume of Bitcoin trading platform hit a new low. BTC is continuously flowing out of centralized platforms, indicating that entities such as whales, institutions, and governments that are more inclined towards non custodial storage methods are engaging in long-term hoarding.
According to official data, in the seven days ending May 29th, Circle issued approximately 3 billion USDC and redeemed approximately 3.2 billion USDC, resulting in a decrease of approximately 200 million coins in circulation. The total circulation of USDC is 61 billion pieces, with reserves of approximately 61.3 billion US dollars, including cash of approximately 8 billion US dollars, and Circle Reserve Fund holding approximately 53.3 billion US dollars.
Odaily Planet Daily News: Heurist, a decentralized AI infrastructure project, announced the launch of Heurist Deep Research, an AI research platform built on Coinbase's x402 payment protocol.
Heurist Deep Research can simultaneously scan over 100 network resources, cross reference on chain data and analyze social emotions, and generate comprehensive multi page research reports within minutes. It adopts a fixed pricing model of 1 USDC per query. Heurist Deep Research is based on the x402 protocol and supports a 200 millisecond settlement time and micro payment function. Users can directly use USDC to pay query fees on the Base main network without subscribing or setting API keys.
The 2-hour cycle shows that the trading volume of the Black Three Soldiers pattern is extremely shrinking, and the distribution of member exclusive chips reveals a strong resistance band in the 108860-109573 area. The current price is below EMA24/52, and the medium - to long-term trend is weak. The J value has entered the oversold zone, combined with the RSI double bottom pattern, indicating short-term rebound demand.
However, the price continues to narrow above 103000, and if it falls below, it will open up downward space. Suggest focusing on the effectiveness of 103000 support.
Open a membership now and get accurate chip distribution and real-time buying and selling point tips!
The data is sourced from the PRO member's [BTC/USDT Binance 2-hour] candlestick, for reference only, and does not constitute any investment advice.
According to AiCoin monitoring, the net outflow of US spot BTC ETFs reached $616 million yesterday, the highest daily net outflow since March 10th. Among them, IBIT had the largest outflow of funds, reaching 431 million US dollars; Next is ARKB, with an outflow of $120 million.
According to the "Spot BTC ETF Tracking" real-time trading strategy developed by AiCoin, there is a significant positive correlation between the inflow of ETF funds and BTC prices. Subscription indicators can be used to automatically place orders based on the flow of funds in the program.
Data for reference only
