BTC breaks through the $94500 mark
OKX-BTC/USDT is currently trading at $94500.00, with a 24-hour decline of 0.32%. Please be aware of market fluctuations.
OKX-BTC/USDT is currently trading at $94500.00, with a 24-hour decline of 0.32%. Please be aware of market fluctuations.
According to AiCoin monitoring, over the past 4 trading days, funds from the US spot BTC ETF have continued to flow in, reaching $2.33 billion. During this period, the largest inflow was IBIT, with a total of 2.182 billion US dollars; Next is FBTC, with an inflow of $146 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
The current 2-hour cycle shows that BTC has formed a dense chip area around 95000, with support and resistance overlapping, and fierce long short competition. The distribution index of exclusive chips for members clearly reveals that this price range has gathered a large number of transactions, indicating a clear intention of the main funds to protect the market. If the price falls below support or triggers a short-term rapid correction. On a technical level, the K-line shows a peak pattern, and although the MACD shows a golden cross, the volume can shrink by 46.97%, indicating insufficient upward momentum. Double signal verification increases callback risk. Open membership, unlock chip distribution, gain insight into main trends, and accurately grasp support resistance! 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.
BlockBeats News: On April 29th, Vitalik Buterin, co-founder of Ethereum, stated in a post that the Ethereum Foundation (EF) has set two core goals: the primary goal is to increase the usage of Ethereum, with a particular emphasis on scenarios where users can truly benefit from the underlying properties of Ethereum; Secondly, it is necessary to comprehensively enhance the resilience and decentralization of Ethereum, with a focus on addressing potential weak links at all levels of the technology stack. Pierre Rochard, Vice President of Research at Riot Platforms, expressed doubts about this. Rochard pointed out that the Ethereum Foundation's two goals of "increasing Ethereum usage" and "enhancing Ethereum decentralization and resilience" are of no help in increasing the value of ETH, as Ethereum usage can be achieved through wBTC or USDT. He believes that these goals are partly basic clich é s and partly superficial. As an alternative, Rochard suggests that the Ethereum Foundation should conduct an initial public offering (IPO) on the NASDAQ Stock Exchange and execute its ETH treasury strategy through convertible bonds.
According to Bitcoin Magazine, US Secretary of Commerce Howard Lutnick stated that the United States will "fully promote the development of the Bitcoin mining industry domestically".
According to Foresight News, according to KOL Elja data, the market share of Binance Wallet's trading volume has reached a new high of 57.3%. In addition, on April 27th, the transaction volume of Binance Wallet reached 92.6 million US dollars, surpassing the total transaction volume of all wallets.