Main Password: Ethereum Trading Volume Surpasses Bitcoin, Main Trader Deals $700 Million Bet on This Direction

According to Bloomberg, after the delay in confirming Brian Quintenz as the chairman of the U.S. Commodity Futures Trading Commission (CFTC) sparked speculation about his candidacy, the White House immediately reiterated its support for Trump's nomination. Since the Senate Agriculture Committee suddenly canceled its nomination vote for Kuntenz on Monday, this matter has attracted much attention. The majority of members of the committee must first approve their nomination before the entire Senate can approve it. At the time, the committee spokesperson stated that it was the White House's request to postpone the vote. According to informed sources, cryptocurrency billionaire Tyler Winklevoss had urged the White House to halt or postpone the confirmation process before the vote was postponed. But the White House made it clear on Wednesday that Quintenz remains the top choice for the position in this administration, with spokesperson Liz Huston stating that he will help build the cryptocurrency capital of the United States and looking forward to his quick confirmation. After serving as a CFTC commissioner from 2017 to 2021, he has been a senior executive in the cryptocurrency division of venture capital fund a16z, and has also served as a board member of predictive market platform Kalshi. Quintenz stated that if confirmed, he will resign from both companies.

The current price of OKX-S is $0.3454, with a 24-hour increase of 14.37%. 24-hour transaction volume of 200 million US dollars, an increase of 180.08%, for reference only

According to Bloomberg, AllUnity, supported by Deutsche Bank's DWS Group, Dutch market maker Flow Traders Ltd., and financial services provider Galaxy Digital Inc., announced on Thursday the issuance of a stablecoin EURAU denominated in euros. The token is issued on the Ethereum blockchain, fully collateralized by the reserves of multiple European banks, in compliance with the EU cryptocurrency regulatory framework, with Bullish Exchange as its first listed platform. AllUnity CEO Alexander H ö ptner stated that while initially promoting its application in the cryptocurrency market, the ultimate goal is to become a widely used payment method by large enterprises. Currently, negotiations are underway with 30 companies regarding its use, without disclosing their names. Earlier this month, AllUnity obtained an electronic currency institution license from the German Federal Financial Supervisory Authority (BaFin) based on the European MiCA, and subsequently launched EURAU.

In the past 12 hours, the large transaction indicator showed that the main funds showed a clear long trend, with a total buying amount of $33.53 million and a net inflow of $7.35 million. Especially at 10:54 am, a single purchase of up to $8.09 million established short-term support. However, the latest 1-hour cycle K-line has shown a double top signal of top typing and MACD, indicating that the upward momentum may dissipate and caution should be exercised against the risk of a pullback. The current trading volume has shrunk to 25% in the near future, and the KDJ indicator has diverged downward, further verifying the possibility of short-term adjustment. Based on the distribution of large transactions, the main force may make phased shipments at high levels. Get early insight into the main actions and use large transaction indicators to help you plan ahead! 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.

According to the popularity ranking, CFX's popularity has decreased by 140000 followers compared to yesterday, ranking first. The popularity ranking is as follows: ① CFX （$0.2146，10.68%） ② ETH （$3862.33，1.77%） ③ SPK （$0.09270，-9.03%） ④ PUMP （$0.003208，29.25%） ⑤ TREE （$0.5110，-9.56%） The selling power of CFX's main funds is average, with a net outflow of $4.67336 million within 24 hours and a transaction volume of $1.447 billion within 24 hours, of which the main funds had a net outflow of $1.2783 million.