BTC breaks through the $109000 mark

In the past 12 hours, the main force sold large orders with a transaction volume of $166 million, far exceeding the purchase large order transaction volume of $80.35 million, with a net outflow of $85.53 million, and a buy to sell ratio of 1:2.06. Among them, the maximum single hit amount was as high as $42.85 million, directly suppressing BTC prices to run below the EMA24 and EMA52 moving averages, indicating a clear bearish trend. Although there are signs of support for the current K-line forming a flat bottomed pattern, the MACD bar chart continues to shrink, and the downward momentum is still strengthening. We need to be alert to further downward pressure from the main force. Open membership, track key trends in real-time, and accurately capture market opportunities! The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 1-hour] candlestick, for reference only, and does not constitute any investment advice.

According to the Daily Economic News, Ant International and Ant Digital are planning to apply for a stablecoin license in Hong Kong, and Lianlian Digital is also exploring the possibility of applying for a license in Hong Kong. Xiaomi's Tianxing Bank announced a stablecoin partnership with JD Coin Chain Technology, a subsidiary of JD.com. JD Coin Chain Technology has also become one of the first participants in the Hong Kong Monetary Authority's stablecoin issuer sandbox. The stablecoin market is rapidly expanding, and the global total market value has risen to approximately $246.382 billion. In the international market, banks such as Bank of America and PayPal have announced the development of stablecoins, targeting the cross-border payment market. Mastercard will add a "stablecoin settlement" option in April 2025 to encourage merchants to adopt it.

Nasdaq listed Bitcoin mining company Bitdeer released the latest data on its Bitcoin holdings on the X platform. As of June 13th, its total Bitcoin holdings have exceeded 1400, increasing to 1408.9 (note: this quantity is pure holdings, excluding Bitcoin deposited by customers). In addition, its Bitcoin mining output this week was 45.5 BTC, but it sold 45.3 BTC.

The popularity ranking shows that ETH's popularity remains the same as yesterday, ranking first. The popularity ranking is as follows: ① ETH （$2531.25，0.75%） ② UNI （$7.31，-0.14%） ③ NXPC （$1.25，-16.67%） ④ SOL （$145.43，0.34%） ⑤ AAVE （$275.48，-2.63%） The main selling force of ETH funds is weak, with a net outflow of $236 million in 24 hours and a transaction volume of $448.34 billion in 24 hours, of which the main net outflow is $112 million.

According to Yahoo Finance, Acting Secretary for Financial Services and the Treasury of Hong Kong, Chen Haolian, stated that the second policy declaration on the development of virtual assets will be released within this year. The next step will be to explore how to combine the advantages of traditional finance in Hong Kong with technological cooperation and innovation in virtual assets, use virtual assets to improve the security and flexibility of the local real economy, and encourage local and international enterprises to explore innovative applications of virtual assets.